SOLUTION: A $975,240 estate is to be divided among 5 friends, 4 charities and a university. Each friend should receive 3 times as much as all the charities combined, and that each charity s
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Question 54673: A $975,240 estate is to be divided among 5 friends, 4 charities and a university. Each friend should receive 3 times as much as all the charities combined, and that each charity should receive twice as much as the university. How much did each receive? Found 2 solutions by Edwin McCravy, psbhowmick:Answer by Edwin McCravy(20056) (Show Source):
A $975,240 estate is to be divided among 5 friends, 4 charities and
a university. Each friend should receive 3 times as much as all the
charities combined, and that each charity should receive twice as
much as the university. How much did each receive?
Let $x = the amount the university will receive.
>>...each charity should receive twice as much as the university...<<
So each charity receives $2x
>>...4 charities...<<
So all charities combined receive 4($2x) = $8x
>>...Each friend should receive 3 times as much as all the charities
combined...<<
Each friend should receive 3($8x) = $24x
>>...5 friends...<<
So all friends combined receive 5($24x) = $120x
Equation comes from:
Amt. university receives + Amt. all charitied combined receivd +
Amt. all friends combined receive = Amt. of entire estate
x + 8x + 120x = 975240
Solve that and get x = $7560
So the university gets $7560
Each charity gets twice that or $15120
So four charities get 4×$15120 or $60480
Each friend gets three times that or
$181440, so all five friends get
5×$181440 or $907200
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TOTAL $975240
Edwin
You can put this solution on YOUR website! Let us suppose that the University got = $x.
Therefore each charity got = $2x.
All charities got = $ = $8x
Therefore each friend got = $ = $.
All friends got = $ =$
Total amount = what university got + all charities got + all friends got
975240 = x + 8x + 120x
or 975240 = 129x
or x = 7560
So university got $7,560, each charity got $15,120 and each friend got $181,440.