SOLUTION: In a writing competition, the first place winner receives ½ of the prize money. The second runner up receives ¼ of what the winner won. What was the total amount of prize money dis
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Question 212912: In a writing competition, the first place winner receives ½ of the prize money. The second runner up receives ¼ of what the winner won. What was the total amount of prize money distributed if the winner receives $6,000? Answer by HyperBrain(694) (Show Source):
You can put this solution on YOUR website! Since the winner receives half of the total prize money,
$6000 is half of the total prize money.
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So, the total prize money is 2($6000)=$12000
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