Given:
Amount of profit received = 7/10
Amount he gave to Mrs. Claus = 5/6
Amount she gave to the elf = 1/7 of the amount Mrs. Claus received.
Let's find the fraction of total profits the elf received.
Let's first find the fraction of profit Mrs. Claus received.
We have:
Now, since the elf received 1/7 of the amount Mrs. Claus received, the total of profits the elf received will be:
Therefore, the fraction of the total profits the elf received is 1/12.
ANSWER: