2partners invested $188 000 in property. 1 invest $76000 , other invest $43000. Thy sell property at loss for $102000. how much each get after selling off if thy receive same percentage thy invested?

Question

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Answer 1

76000+43000=119000. So who invested the remainder?

Loss in property value is 188000-102000=86000 (45.74% loss).

Investor 1 invested 76000/188000=19/47

Investor 2 invested 43000/188000=43/188.

If they receive the same percentage as they invested:

Investor 1 gets 19/47 of $102000=$41234 approx (45.74% loss)

Investor 2 gets 43/188 of $102000=$23329.79 approx (45.74% loss)