The sum of $2500 is divided among Peter,
Queen, and Raymond. Raymond received half,
Peter received $312.50, and Queen received the
remainder.
Calculate
i. Raymond's share
ii. Queen's share
iii. . The ratio in which the $2500 was divided
persons.
IV. The percentage of the total that Peter
received
among the three
Answers
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Answer:
Raymond received half. Half of 2500 is 1250, so Raymond received $1250.
Peter received $312.50
The queen received the rest. Raymond and Peter combined received $1562.50. The rest is 2500-1562.50, which is $937.50
Raymond received 1250/2500=.5=50%
Peter received $312.5/2500=0.125=12.5%
The Queen received 937.5/2500=0.375=37.5%
To find the shares, say Peter received 1 share and 1 share is $312.5. How many shares did Raymond receive? 1250/312.5=4 shares. How many shares did the Queen receive? 937.5/312.5 = 3 shares. Since that all divides out evenly, (1 share, 4 shares, 3 shares), there were exactly 8 shares of $312.50 given out.
The ratios are 4/8 (Raymond), 1/8 (Peter), and 3/8 (Quee
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