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Four people pooled their money to purchase a condo for $150,000. If the first three contributed $40,000, $30,000 and $40,000, how much did the fourth contribute and what percentage of ownership is that?

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Real estate math commonly covers commissions, property taxes, area/acreage, and loan calculations, frequently using a T-chart method (Part/Total Rate).


1. Four people pooled their money to purchase a condo for $150,000. If the first three contributed $40,000, $30,000 and $40,000, how much did the fourth contribute and what percentage of ownership is that?





 
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