A businessman wants to donate a total of 300,000 pesos among the chosen charitable institutions in the ratio of 1: 3: 4. How much will each institution receive?
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Step-by-step explanation:
As per the provided information in the given question, we have been given that a businessman wants to donate a total of 300,000 Pesos among the chosen charitable institutions in the ratio of 1:3:4. We've been asked to calculate the amount each institution will receive.
As the total amount has been shared among among the chosen charitable institutions in the ratio of 1:3:4, so let's assume that,
- Amount first institution will receive = x
- Amount second institution will receive = 3x
- Amount third institution will receive = 4x
Now, as the total amount is 300,000 Pesos, henceforth we can say that the sum of all the amount received by all these three institutions will yield 300,000 Pesos. Formulating an equation,
Now,
- Amount first institution will receive = x → 37500 Pesos
- Amount second institution will receive = 3x → 3(37500) Pesos → 112500 Pesos
- Amount third institution will receive = 4x → 4(37500) Pesos → 150000 Pesos
Answered by
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Total no. of pesos = 300,000
Total no. of ratio = 8
Institution no. 1 = 300,000/8*1 = 37,500
Institution no. 2= 300,000/8*3= 1,12,500
Institution no. 3= 300,000/8*4= 1,50,000
Total = 37,500+1,12,500+1,50,000= 300,000
Total no. of ratio = 8
Institution no. 1 = 300,000/8*1 = 37,500
Institution no. 2= 300,000/8*3= 1,12,500
Institution no. 3= 300,000/8*4= 1,50,000
Total = 37,500+1,12,500+1,50,000= 300,000
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