Answer:
![31(7)/(12)\text{ minutes}](https://img.qammunity.org/2022/formulas/mathematics/high-school/b3seyklpjiwkg69ij9t187vnwg4g5x0tup.png)
Explanation:
Given: Time taken by third-place finisher =
minutes
Time taken by second-place finisher =(Time taken by third-place finisher ) -
minutes
=
![34\frac23-1(3)/(4)](https://img.qammunity.org/2022/formulas/mathematics/high-school/ijndk5gycjub1zpnwfezb4bzdqtvysi4mn.png)
![=(104)/(3)-(7)/(4)\\\\=(4(104)-7(3))/(12)\\\\=(395)/(12)\text{ minutes}](https://img.qammunity.org/2022/formulas/mathematics/high-school/2nsjzpxrwr8zg44jyup9vmvbm0jxgvjruq.png)
Time taken by first finisher = Time taken by second-place finisher ) -
minutes
![=(395)/(12)-(4)/(3)\\\\=(395)/(12)-(4*4)/(3*4)\\\\=(395-16)/(12)\\\\=(379)/(12)\\\\=31(7)/(12)\text{ minutes}](https://img.qammunity.org/2022/formulas/mathematics/high-school/fvswut1k5s9gr4qyec0fns66vf5r4ov6j6.png)
Time taken by first finisher
![=31(7)/(12)\text{ minutes}](https://img.qammunity.org/2022/formulas/mathematics/high-school/6zb9jm9snh1351ats1x3gdozdagx4ofiej.png)