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 did he gift to his family?
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → ₹30500
The children’s money is shared in the ratio of their ages, so the youngest child’s share fixes the value of one part.
Ratio of ages \(12:14:16=6:7:8\), a total of 21 parts
The youngest (age 12) gets 6 parts \(=3000\), so 1 part \(=500\)
The three children together \(=21\times500=\) ₹10500
Family total \(=20000+10500=\) ₹30500