A charity foundation allocates its annual grant budget among three sectors: Healthcare, Education, and Environmental Conservation. First, of the total annual budget is allocated to Healthcare. Next, of the remaining budget is allocated to Education. The final remainder of is allocated to Environmental Conservation. What was the foundation's total annual grant budget?
- A
- B
- C
- Answer
- E
Answer
The option specifying is correct because allocating leaves of the budget. Taking of gives of the total. The combined allocations leave of the total budget, which equals . Dividing by yields .
Step-by-Step Solution
Key Concept
Sequential Fraction Operations and Finding the Whole from a Fractional Part