Suppose a charity receive a donation of $27.3 million. If this represents 38% of the charity’s donated funds, what is the total amount of its donated funds? Round your answer to the nearest million dollars.

We can solve this question by means of the rule of 3:
[tex]\begin{gathered} \text{ \$27.3 mill}ion\text{ --------- 38\%} \\ \text{ x ---------------- 100\%} \end{gathered}[/tex]where x denotes the unknown amount of money funds. Then, x is given as
[tex]\begin{gathered} x=\frac{(\text{ \$27.3 million)(100 \%)}}{\text{ 38 \%}} \\ x=71.842\text{ million} \end{gathered}[/tex]By rounding up to the neasrest million, the answer is $72 million dollars.