Three families, the Gordons, the Harveys and the Jellybins are sharing a house boat for a 5 day pleasure and fishing holiday.
They decide to split the total cost of the house boat in the ratio of 3 : 5 : 7 respectively. (Remember worded sentence for a question asked in context.)
If the total cost of the houseboat rental is $4800 for the 5 days, calculate:
(a) How much each family will pay for the houseboat. [3]
(b) (i) Calculate the daily cost for the Gordon family.
(ii) Calculate the percentage that the Gordons daily cost represents of the overall total cost of hiring the houseboat?
They decide to split the total cost of the house boat in the ratio of 3 : 5 : 7 respectively. (Remember worded sentence for a question asked in context.)
If the total cost of the houseboat rental is $4800 for the 5 days, calculate:
(a) How much each family will pay for the houseboat. [3]
(b) (i) Calculate the daily cost for the Gordon family.
(ii) Calculate the percentage that the Gordons daily cost represents of the overall total cost of hiring the houseboat?