Give the step-by-step reasoning process and then the final answer. Tim decides to run a campaign for governor. He gets the maximum $1200 donation from 500 people, and three times as many people donated half this sum of money to his campaign. These donations together accounted for 40% of the total money that Tim raised. How much total money did he raise?
He got 1200 * 500 = $600,000 from maxed donors. The smaller donors donated 1200 / 2 = $600. He had 500 * 3 = 1500 of these donors. So they donated 1500 * 600 = $900,000. So large donations where worth 900,000 + 600,000 = $1,500,000. So he raised 1,500,000 / .4 = $3750000.
The final answer: 3750000.