Question

Suppose a charity received a donation of $29.6 million. If this represents 43% 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

Divide $29.6 million by 43% to get the total amount of donated funds. First, convert 43% into decimal by dividing by 100%

$\frac{43\%}{100\%}=0.43$

Next, divide it to $29.6 million

$\frac{\ 29.6\text{ million}}{0.43}=\ 68.8372\text{ million}$

Rounding to the nearest million, the total amount of donated funds is $69 million.