QUESTION: Three families are sharing a house boat for 8 days. They split the total cost of the house boat in the ratio of 2 : 5 : 6 respectively. If the total cost of the boat rental is $5200 for 8 days, calculate
A) How much each family will pay for houseboat?
B) The daily rate for each family per day?
The ratios are:- 2 : 5 : 6
Sum of ratios is 2 + 5 + 6 = 13.
Individual fractions are:- 2/13 : 5/13 : 6/13
$5200 / 13 = $400
Individual costa are:- 2*400 : 5*400 : 6*400 = 800 : 2000 : 2400
Theses are the costs for 8 days
Individual daily costs100 : 250 : 300