Question

My uncle has a policy for 150,000.00. 1/2 will go to his daughter, 3/8 will go to his favorite nephew and the rest to his only grandson. What dollar amount will go to his grandson?

Answer 1

$18,750

Explanation:

Step 1.

150,000 x 1/2 = 75,000

(this is the amount going to his daughter)

Step 2.

150,000 x 3/8 = 56,250

(this is the amount going to his favorite nephew)

Step 3.

75,000 + 56,250 = 131,250

Step 4.

150,000 - 131,250 = 18,750

(this is the amount left over for his only grandson)