Question 16 - Arithmetic Reasoning Practice Test for the ASVAB

Pete and his partner Mike made a huge profit in their software business together this year and have decided to use \(\$20\text{,}000\) of the profit for a Christmas donation to their favorite charities. Each will contribute an amount proportional to the amount he invested in starting the business. The investment ratio of Pete to Mike is \(4\):\(1\). How much money will Mike get to donate to his charity?

Create a FREE profile to save your progress and scores!

Create a Profile

Already signed up? Sign in

Unlock all features!

  • 2x Bonus Practice questions
  • Exam simulation mode
  • Printer friendly downloads
  • Personalized cram course
  • Ad-free studying
  • Money-back guarantee
Upgrade to Premium