SOLUTION: Upon his death Mr. Money Bags left 1/2 of his eastate to his wife, 1/8 to each of his two children, 1/10 to each of his two grandchildren and $10,000 to his favorite charity. What
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Question 447073: Upon his death Mr. Money Bags left 1/2 of his eastate to his wife, 1/8 to each of his two children, 1/10 to each of his two grandchildren and $10,000 to his favorite charity. What was the value of his eastate? Answer by ankor@dixie-net.com(22740) (Show Source):
You can put this solution on YOUR website! Upon his death Mr. Money Bags left 1/2 of his eastate to his wife, 1/8 to each
of his two children, 1/10 to each of his two grandchildren and $10,000 to his favorite charity.
What was the value of his estate?
:
Let x = the value of his estate
:
x - x - x - x = 10000
Reduce fractions
x - x - x - x = 10000
multiply by 20 to get rid of those annoying fractions
20x - 10x - 5x - 4x = 20(10000)
20x - 19x = 200000
x = $200,000