Galloping Greyhounds

Galloping Greyhounds:

If Flash comes first Phil gets 3/5 of the prize pool, if he comes second Phil gets 1/4 of the prize pool.  - So if their is 3/5 and if I change it, it would be 12/20 which is still the same amount, and this is the amount that I would start with.

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1. The rest of the prize pool goes to the third place. How much is this? 2/3 of the prize pool.

2. For the following prize pools, how much would the greyhounds that come first, second, and third each earn for their owners?

• $600
• $750 - Third Place
• $900 - Second Place
• $1,900  - First Place
• $2,500

1. The owner of a placed greyhound gives the trainer 10 percent of his prize money. Flash comes first in an $800 race.

• a. How much does Phil give the trainer? 10 percent of his prize money.
• b. What fraction of the total prize pool is this? 3/5 for who ever comes first - 1/4 for who comes second - & 2/3 of the prize money for who ever comes third.

What fraction of the total prize pool does Phil give the trainer when Flash comes: 3/5 + 1/4 + 2/3 = 7/2 fractions of the prize money