Question

A businessman donated 2% of his money to Charity X. He then donated 4% of his remaining money to Charity Y. Finally, he donated 6% of his remaining money to Charity Z. What percentage of his original amount of money was donated to Charity Z? Give your answer correct to 3 significant figures.

190

likes
951 views

Answer to a math question A businessman donated 2% of his money to Charity X. He then donated 4% of his remaining money to Charity Y. Finally, he donated 6% of his remaining money to Charity Z. What percentage of his original amount of money was donated to Charity Z? Give your answer correct to 3 significant figures.

Expert avatar
Hermann
4.6
126 Answers
Let's assume the businessman's original amount of money is $1.

Step 1: Donation to Charity X
2% of $1 is \frac{2}{100} \times 1 = 0.02

After donating to Charity X, the businessman has $1 - 0.02 = 0.98 remaining.

Step 2: Donation to Charity Y
4% of $0.98 is \frac{4}{100} \times 0.98 = 0.0392

After donating to Charity Y, the businessman has $0.98 - 0.0392 = 0.9408 remaining.

Step 3: Donation to Charity Z
6% of $0.9408 is \frac{6}{100} \times 0.9408 = 0.056448

Therefore, the businessman donated 0.056448 out of his original amount of $1 to Charity Z.

Answer: The percentage of his original amount of money donated to Charity Z is 5.645%.

Frequently asked questions (FAQs)
What is the maximum number of local extrema (peaks and valleys) the cubic function f(x) = x^3 can have?
+
What is the limit as x approaches 0 of sin(5x)/x?
+
Find the derivative of f(g(x)) if f(x) = 2x² + 3x - 1 and g(x) = √(x² + 1).
+
New questions in Mathematics
calculate the derivative by the limit definition: f(x) = 6x^3 + 2
10! - 8! =
8x-(5-x)
7273736363-8
1. Suppose we have a good whose quantity supplied changed from 100 to 120 units when the price increased from $10 to $12 per unit. Compute the price elasticity of supply using the midpoint method
An integer is taken at random from the first 40 positive integers. What is the probability that the integer is divisible by 5 or 6?
-0.15/32.6
Solve this mathematical problem if 3/5 of a roll of tape measures 2m. How long is the complete roll?
Emma is on a 50 m high bridge and sees two boats anchored below. From her position, boat A has a bearing of 230° and boat B has a bearing of 120°. Emma estimates the angles of depression to be about 38° for boat A and 35° for boat B. How far apart are the boats to the nearest meter?
4x + 8y = 5 2x + 4y = 10
In the telephone exchange of a certain university, calls come in at a rate of 5 every 2 minutes. Assuming a Poisson distribution, the average number of calls per second is: a) 1/8 b) 1/12 c) 1/10 d) 2/5 e) 1/24
A storage maker price is $2.50 per square feet. Find the price of a custom shed 4 yards long, and 5yards wide and 8 feet tall
P(Z<z)=0.1003
A function is considered exponential when it has a base with positive values greater than zero and different from one, where the exponent is an unknown. An important characteristic of exponential functions is that they show rapid growth or decay as an independent variable increases or decreases. Given the function 25^(x+3)=125, it is calculated that x has the value of
9 x² + 2x + 1 = 0
Show work on 4108 divided by 4
For what values of m is point P (m, 1 - 2m) in the 2⁰ quadrant?
How many cards do you expect to pull from a poker deck until you get an ACE?
Gender and communication : Answer the question ( 1 paragraph is ok) . Please can you write about women? Compared to your other identities, how much of a role does gender play in your life? And has your own sex/gender offered you privileges or disadvantages? How so?
Let I be an interval and let f : I → R be a continuous function such that f(I) ⊂ Q. Show (in symbols) that f is constant.