You are the administrator of an annual essay contest scholarship fund. This year a $80,000 college scholarship is being divided between the top two contestants so that the winner receives four times as much as the runner-up. How much will each contestant receive (in dollars)? runner-up amount : winner amount:
1 answer:
Answer:
Runner Up Amount=$16,000
Winner Amount=$64,000
Step-by-step explanation:
Amount of the college's scholarship=$80,000
The fund is being divided between the top two contestants so that the winner receives four times as much as the runner-up.
Therefore: we can say it is being divided into 5 parts where the winner gets 4 parts and the runner up gets 1 part, i.e in the ratio 4:1.
Runner Up Amount
Winner Amount
The winner gets $64,000 and the runner up gets $16,000.
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