Richie Rich donates two-fifths of his annual earnings to six charity institutions in the ratio of 2:2:3:5:6:7. If the charity institution with the largest share received Php. 2,275,840 last year, how much did the philanthropist earn?
Answers
Given :- Richie Rich donates two-fifths of his annual earnings to six charity institutions in the ratio of 2:2:3:5:6:7. If the charity institution with the largest share received Php. 2,275,840 last year, how much did the Richie earn annually ?
Solution :-
Let us assume that, the annual income of Richie is php x .
Than,
→ sum she donates = (2/5) of x = (2x/5) php.
now, given that, this donation was distributed in 6 charity institutions in the ratio of 2 : 2 : 3 : 5 : 6 : 7.
So, we can say that,
- First charity institution received = (2/25) of total donation sum.
- second charity institution received = (2/25) of total donation sum.
- Third charity institution received = (3/25) of total donation sum.
- Fourth charity institution received = (5/25) of total donation sum.
- Fifth charity institution received = (6/25) of total donation sum.
- sixth charity institution received = (7/25) of total donation sum.
as, we can see , sixth charity institution received largest share of donation sum .
also, given that,
- the largest share received was = Php. 2,275,840
Therefore, we can conclude that,
→ (7/25) of total donation sum = Php. 2,275,840
→ (7/25) of (2x/5) = Php. 2,275,840
→ (14x/125) = 2275840
→ 14x = (2275840 * 125)
dividing both sides by 14,
→ x = php 20,320,000 (Ans.)
Hence, Richie earn " php 20,320,000" annually.
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