Question 3
Ratio, Percentages and RatesIf ₦560.70 is shared in the ratio 7:2:1, what is the smallest share?
- A.₦392.49
- B.₦56.70
- C.₦113.40
- D.₦112.14
- E.₦56.07.
Show the answer and explanation
Answer: E (₦56.07.)
Explanation
There are 7 + 2 + 1 = 10 parts, and the smallest share is 1 part: 560.70 ÷ 10 = ₦56.07.