A cash donation amounting to 250,000.00 will be divided among 3 orphanages A,B and C in the ratio of 5:4:3 respectively how much will each get?
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A cash donation amounting to 250,000.00 will be divided among 3 orphanages A,B and C in the ratio of 5:4:3 respectively how much will each get?
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Answer:
5 + 4 + 3 = 12
250,000 ÷ 12 = 20,833.33
5 × 20,833.33 = 104,166.65
4 × 20,833.33 = 83,333.32
3 × 20,833.33 = 62,499.99
A = 104,166.65
B = 83,333.32
C = 62,499.99
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249,999.96 or 250,000