Question

Suppose a charity received a donation of $17.6 million. If this represents 36% of the charity's donated funds, what is the total amount of its donated funds? Round your answer to the nearest million dollars.

Answer 1

61,416,000
rounded = 61 million
61,000,000

Answer 2

Answer: The total amount of its donated funds is $48,888,888.89

Explanation:

Hi, to answer this question we have to analyze the information given:

• Donation received: $17,600,000
• Percentage represented: 36% = 0.36 (in decimal form, 36/100=0.36)

So, if the donation represents the 36% of the Charity's donated funds:

Mathematically speaking

0.36 x= $17,600,000

Where "x" is the total amount of donated funds.

Solving for "x":

x = 17,600,000/ 0.36 = 48,888,888.89