Question

Suppose a charity received a donation of $26.4 million. If this represents 53% 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

$50million

Explanations:

Let the total amount of its donated fund be "x"

If the charity received represents 53% of the charity's donated funds, with a received donation of $26.4 million, then;

`53\%\text{ of x = \$26.4million}`

Determine the value of 'x"

`\begin{gathered} 0.53x=26.4 \\ x=(26.4)/(0.53) \\ x=\$49.8million \\ x\approx\$50million \end{gathered}`

Hence the total amount of its donated funds to the nearest million dollars is $50million