A prize of $3000 is to be divided among 3 winners in the ratio 2:3:5. How much d

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Question: A prize of $3000 is to be divided among 3 winners in the ratio 2:3:5. How much does the second winner receive? (2019)

Options:

Correct Answer: $900

Exam Year: 2019

Solution:

Total parts = 2 + 3 + 5 = 10. Second winner\'s share = (3/10) * 3000 = $900.

A prize of $3000 is to be divided among 3 winners in the ratio 2:3:5. How much does the second winner receive? (2019)

A prize of $3000 is to be divided among 3 winners in the ratio 2:3:5. How much does the second winner receive? (2019)

Step 1: Identify the total ratio parts by adding the numbers in the ratio: 2 + 3 + 5.
Step 2: Calculate the total parts: 2 + 3 + 5 = 10.
Step 3: Determine the share of the second winner by using their part of the ratio, which is 3.
Step 4: Calculate the second winner's share by multiplying their part (3) by the total prize ($3000) and dividing by the total parts (10): (3/10) * 3000.
Step 5: Perform the calculation: (3/10) * 3000 = 900.
Step 6: Conclude that the second winner receives $900.

Ratio and Proportion – Understanding how to divide a total amount based on given ratios.
Basic Arithmetic – Performing calculations involving addition, multiplication, and division.