Jack and Jill bought a lottery ticket together, where Jill paid $2 and Jack put $2.50 towards its purchase. they agreed to share the prize in the ratio of the amount which each one had paid for the ticket. if jack received $1024 of the prize money, then what was the prize worth?

Question

Mathematics

Kate Bentley

3 December, 01:38

Jack and Jill bought a lottery ticket together, where Jill paid $2 and Jack put $2.50 towards its purchase. they agreed to share the prize in the ratio of the amount which each one had paid for the ticket. if jack received $1024 of the prize money, then what was the prize worth?

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Answers (2)

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Gunnar Ryan · Answer 1

First, we'll set up a proportion to see how much money Jill got:

2/2.5 = x/1024; 2.5x = 2048; x = $819.20.

To find how much the prize is worth, we'll just add Jack and Jill's shares: $1024 + $819.20 = $1,843.20.

Larry Medina · Answer 2

2/2.5=x/1024

2.5x=2048

x=819.2

1024+819.2=1843.2

The prize money was worth $1,843.20