Question

Suppose a charity received a donation of $23.3 million. If this represents 58% 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

Explanation:

23.3 million = 58%

1% = 58%/58 = 23.3 mil. / 58

100% = 1%×100 = 100×23.3 mil./58 =

= 2,330,000,000/58 = 40,172,413.79... ≈

≈ $40 millions