If Lyn donates $240 to a private organization each year where 1/3 of it goes to the community pantry project, 1/2 goes to the local crisis fund, 1/4 of the remaining goes to livelihood project funds, and the rest is for contingency funds. How much goes to contingency fund? Give me reasons, before answering the question
User
The community pantry project gets 240 x 1 / 3 = $80. The local crisis fund has 240 x 1 / 2 = $120. The total funds allocated for the two funds is $80 + $120 = $200. So, $240 - $200 = $40 are left for the other 2 funds. The livelihood project gets $40 x 1 / 4 = $10. This means that the contingency fund is $40 - $10 = $30. So the final answer is 30.
Assistant