Joseph gifted ₹20000 to his wife and some money to his three children aged 12, 14 and 16 years in the ratio of their ages. If he gave ₹3000 to his youngest child, then how much money he gifted to his family?

₹30500

Ratio in which money is distributed among 3 children = 12 : 14 : 16

= 6 : 7 : 8

According to question ,

6unit = 3000

1 unit = 500

Total amount given given to all 3 children = ( 6 + 7 + 8 ) unit

= 21 unit

= 21 × 500

= 10,500

Money he has given to his wife = 20,000

Total money he has given to his family = 20,000 + 10,500

= 30,5000