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

Practice Questions

Q1
A prize of $3000 is to be divided among 3 winners in the ratio 2:3:5. How much does the winner with the largest share receive? (2019)
  1. $600
  2. $900
  3. $1200
  4. $1500

Questions & Step-by-Step Solutions

A prize of $3000 is to be divided among 3 winners in the ratio 2:3:5. How much does the winner with the largest share 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 largest share's ratio part, which is 5.
  • Step 4: Calculate the fraction of the total prize that corresponds to the largest share: 5 parts out of 10 parts.
  • Step 5: Multiply the fraction by the total prize amount: (5/10) * 3000.
  • Step 6: Simplify the calculation: (1/2) * 3000 = 1500.
  • Step 7: Conclude that the winner with the largest share receives $1500.
  • Ratio and Proportion – Understanding how to divide a total amount based on given ratios.
  • Basic Arithmetic – Performing addition and multiplication to calculate shares.
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