A corporate marketing team initially allocates its quarterly budget among Digital, Print, and Event advertising in the ratio , respectively. Midway through the quarter, is reallocated from Digital advertising to Event advertising, while the Print advertising budget remains unchanged. As a result of this transfer, the ratio of the Digital advertising budget to the Event advertising budget becomes . What was the total initial quarterly budget, in dollars, allocated across all three advertising categories?
Answer: 120000 dollars
Answer
The total initial quarterly budget allocated across all three categories was 120,000 dollars.
By representing the initial amounts as , , and , the total initial budget is . Accounting for the shift gives . Solving yields , which gives a total initial budget of dollars.
Step-by-Step Solution
Key Concept
Altering non-isolated ratios through part-to-part modifications