Answer:
Sandy will receive $800
Steve will receive $600
Explanation:
Sandy : Steve = 4 : 3
Sandy = 4
Steve = 3
Total ratio = 4 + 3 = 7
Total prize money = $1400
How much does Sandy receive ?
Sandy's share = Sandy's ratio / total ratio × Total prize money
= 4 / 7 × 1400
= 4 × 200
= $800
Sandy will receive $800 out of $1400
Steve's share = Steve's ratio / total ratio × Total prize money
= 3 / 7 × $1400
= 3 × $200
= $600
Steve will receive $600 out of $1400
Check:
Sandy's share + Steve's share
= $800 + $600
= $1400