00:01
We have a business that is invested by three people.
00:02
The first two people invests at a two to three ratio.
00:05
And then we know that this third person invest twice as much as the two of them combined.
00:11
So for instance, if we combine two and three, we would get five.
00:15
And twice as much as that is 10.
00:17
And so we know the ratio amongst the three people is two to three to ten.
00:23
And so basically we can find out how much this person, this third person, has by saying if i do 10 plus 3 plus 2 that's 15 and so basically this would be kind of the total and so if i'm saying what this person owns is 10 to 15 ratio where 15 is the total company and maybe that doesn't make quite as much sense as seeing it as a fraction this person owns 10 15th of that company and an easy kind of way i'm already getting to part c.
01:03
If you divide both of these by five, that person owns two -thirds of the company.
01:08
And so this right here is the answer to part c.
01:11
And i'm going to use this also to find the answer to part a.
01:14
Because if this company is worth $30 million, i just need to multiply this by the two, oh, not one -third, by two -thirds.
01:23
And i'll see how much this person owns...