A group of 12 people made a small investment that ended up losing \$132. They decided to share the loss equally. How much did each person have to pay?
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Each person had to pay \$11 to cover the loss. This is calculated by dividing the total loss of \$132 by the number of people in the group, which is 12. So, \$132 ÷ 12 = \$11. It’s a fair way to distribute the pain of the loss among all members, keeping the financial burden evenly shared! In situations like this, group decisions can bring about unexpected outcomes. It’s a reminder for all investors to assess potential risks and rewards carefully before diving into any investment adventure!
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