A person donates 10% of his savings to a charitable trust. He distributes the rest among his three children equally. If the total savings of the person is Rs 75,000, find the amount donated to the charitable trust. Also find the amount received by each child.
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Answer:
A person donates 10% of his savings to a charitable trust. He distributes the rest among his three children equally. If the total savings of the person is ` 75,000, find the amount donated to the charitable trust. Also find the amount received by each child.
Answered by
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Given:
Total Savings = 75000
Donation to charitable trust = 10%
Remaining Balance will be distributed equally to his three children.
To Find:
The amount donated and the amount received by each child.
Solution:
- The Total Savings available to him : Rs. 75000
- 10% of the above savings will be donated to Charity.
∴ 10% of 75000 = Rs. 7500
∴ Remaining Balance:
= Total Savings - Donations
= 75000 - 7500
= Rs. 67500
- The above balance will be distributed to his three children equally.
- So, the balance has to be divided by 3.
∴ Remaining Balance ÷ 3
= 67500 ÷ 3
= Rs. 22500
Thus, The amount donated towards charity will be Rs. 7500 and his children will get Rs. 22500 each.
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