# SOLUTION: a golf tournament gave \$270000 in prizes. the winner recieved 1/2. the runner up got 1/4. the remainder was divided equally between the third-, fourth, and fifthe -place finishers.

Algebra ->  Algebra  -> Equations -> SOLUTION: a golf tournament gave \$270000 in prizes. the winner recieved 1/2. the runner up got 1/4. the remainder was divided equally between the third-, fourth, and fifthe -place finishers.      Log On

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 Click here to see ALL problems on Equations Question 572814: a golf tournament gave \$270000 in prizes. the winner recieved 1/2. the runner up got 1/4. the remainder was divided equally between the third-, fourth, and fifthe -place finishers. how much did the fifth place finisher recieve?Answer by mathsmiles(68)   (Show Source): You can put this solution on YOUR website!A real life problem I wish I had!! Total prize is \$270,000. Winner receives 1/2 so 270,000/2 = 135,000 That leaves another 135,000 remaining Runner up (2nd place) receives 1/4 so 270,000/4 = 67500 That leaves 270,000 - 135,000 - 67,500 = 67500 The next 3 places receive this amount divided equally among them. 67500/3 = \$22,500 Going back to the original problem, how much did the 5th place finisher receive? \$22,500. I'd be happy with 5th place! Would you settle for 5th? ;-)