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
![(3)/(4) \ of \ (2x + 250) = (x + 250)\\\\(3)/(4)*(2x + 250) = x + 250\\\\(6x)/(4) + (750)/(4) = x + 250\\\\(6x)/(4) - x = 250 - (750)/(4)\\\\(6x - 4x)/(4) = (1000 - 750)/(4)\\\\(2x)/(4) = (250)/(4) \\\\2x = 250\\\\x = 125](https://img.qammunity.org/2022/formulas/mathematics/high-school/mncgsmrjaali4rgf48sijg7xv4ndhxrymq.png)
Therefore, Amount won by runner - up = x = £125
Amount won by winner = x + 250 = 125 + 250 = £375
Therefore, total amount = 375 + 125 = £500