Answer:
Total amount = £500
Explanation:
Let the amount for the runner up be = x
Let the amount for winner be = x + 250
Let the total amount be x + x + 250 = 2x + 250
Ratio of the amount is 3 : 1
Sum of the ratio = 3 + 1 = 4
Amount for the winner is
Therefore, Amount won by runner - up = x = £125
Amount won by winner = x + 250 = 125 + 250 = £375
Therefore, total amount = 375 + 125 = £500