Selena located an excellent office location and she and Ian rented the office space. Selena uses 30% of the space solely for her business; Ian uses 40% of the space solely for his business. The remainder is shared equally by both. How should the total rent and other space expenses be allocated?

Question

Quizplus · Accepted Answer

Since Selena uses 30% and Ian uses 40%, the remaining 30% is shared equally by both. Therefore, Selena should pay for 45% of the rent and other space expenses (30% for her business and 15% for shared space), while Ian should pay for 55% of the expenses (40% for his business and 15% for shared space).

Selena Located an Excellent Office Location and She and Ian