SOLUTION: Contributions accounted for two-thirds of the money was received. If $950 was received in all, how much money was contributed?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Contributions accounted for two-thirds of the money was received. If $950 was received in all, how much money was contributed?       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 355690: Contributions accounted for two-thirds of the money was received. If $950 was received in all, how much money was contributed?
Answer by Theo(13342) About Me  (Show Source):
You can put this solution on YOUR website!
c represents money received from contributions.
t represents money received from all sources.

you know that c = (2/3)*t

you know that t = 950.

substitute 950 for t in the equation to get:

c = (2/3) * 950

solve for c to get c = 633 and (1/3)

c represents money received from contributions.
t represents money received from all sources.