Question

Divide the following quantiles in the given ratio £100 1:3 £80 3:5 £250 2:3:5

Answer 1

Explanation:

a.

£100

1:3

1+3=4

1/4×£100

=£25

3/4×£100

=£75

b.

£80

3:5

3+5=8

3/8×£80

=£30

5/8×£80

=£50

C.

£250

2:3:5

2+3+5=10

2/10×£250

=£50

3/10×£250

=£75

5/10×£250

=£125