SOLUTION: A family is given a sum of $93,600 to be shared among five children Ann,Betty,Carol,Donna,and Elsie in the ratio 2:4:6:8:10.Use the information above to:(a)calculate each child's s
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Question 746924: A family is given a sum of $93,600 to be shared among five children Ann,Betty,Carol,Donna,and Elsie in the ratio 2:4:6:8:10.Use the information above to:(a)calculate each child's share
Found 2 solutions by Cromlix, timvanswearingen:
Answer by Cromlix(4381) (Show Source): You can put this solution on YOUR website!
Totalise the ratios = 30
Ann 2/30 or 1/15 = $6240
Betty 4/30 or 2/15 = $12480
Carol 6/30 or 1/5 = $18720
Donna 8/30 or 4/15 = $24960
Elsie 10/30 or 1/3 = $31200
Answer by timvanswearingen(106) (Show Source): You can put this solution on YOUR website!
First off, add up the numbers from the ratio to see what portion of the total money each child receives.
Now, Ann will get 2/30 of the money. Betty will get 4/30, Carol will get 6/30, Donna will get 8/30 and Elsie will get 10/30.
For Ann,
(2/30)*($93,600)=$6,240
For Betty,
(4/30)*($93,600)=$12,480
For Carol,
(6/30)*($93,600)=$18,720
For Donna,
(8/30)*($93,600)=$24,960
For Elsie,
(10/30)*($93,600)=$31,200
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