Mathematical Reasoning
A prize of $2,400 is shared among three winners. The first winner receives 3/8 of the prize, and the second w…
Question 1 · Multiple choice
Question
A prize of $2,400 is shared among three winners. The first winner receives 3/8 of the prize, and the second winner receives 2/5 of the prize. How much money does the third winner receive?
Options
- A. $480
- B. $540
- C. $620
- D. $720
- E. $810
Correct answer
B. $540
Explanation
There are $2400 in total. Winner 1 gets 3/8 of the total: 3/8 x 2400 = 900 Winner 2 gets 2/5 of the total: 2/5 x 2400 = 960 Together, the first two winners get: 900 + 960 = 1860 So Winner 3 gets the rest: 2400 - 1860 = 540 So Winner 3 gets $540.