Elizabeth and Scott each recieve a share of lottery prize that is paid in 12 equal installments on the last day of each month for 20 years. If the amount paid to Elizabeth in the first three months of a year is equal to the amount paid to Scott in the first nine months of a year, what is the ratio of dollar value of Scott's prize to dollar value of Elizabeth's prize.
1. 1:3
2. 7:11
3. 2:3
4. 9:13
5. 3:4
Elizabeth and Scott each
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Answer is (A) i.e. 1/3
Let Elizabeth & Scott get X per month in total
Let Elizabeth get E per month
Let Scott get XE per month
According to Question,
3E=9(XE)
E = 3/4 * X
XE=X/4
Scott/Elizabeth = 1/3
Let Elizabeth & Scott get X per month in total
Let Elizabeth get E per month
Let Scott get XE per month
According to Question,
3E=9(XE)
E = 3/4 * X
XE=X/4
Scott/Elizabeth = 1/3
 cubicle_bound_misfit
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IMO A
take monthly share of elisabeth = E
monthly share of Scott = S
given 3E = 9S
S/E = 3/9 hence A
take monthly share of elisabeth = E
monthly share of Scott = S
given 3E = 9S
S/E = 3/9 hence A
Cubicle Bound Misfit