We know 25% is 1/3 of 75%, so we just find 1/3 of 29,000
29,000 / 3 = 9,666.67
$9,666.67
A S.
asked 11/01/19If we are receiving a payment of $29,000 and we’re told this is 75% of the total payout with the remainder (25%) coming a few months later. How much is the second payment or the 25%?
We know 25% is 1/3 of 75%, so we just find 1/3 of 29,000
29,000 / 3 = 9,666.67
$9,666.67
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