A prize pool for a competition is divided up so that the first place winner receives 50%, the second place 30%, and third place receives 20%. If the third place competitor receives 100 000 dollars, how much is the total prize pool in dollars?
Choose the correct answer
A) 500 000	B) 1 000 000	C) 2 000 000	D) 5 000 000	E) 250 000
The ratio is 5:3:2. Since third place received 100 000 dollars, a part-to-whole ratio can be set up to figure out how much the total prize pool is.   5+3+2= 
<gadget id="calculator">5+3+2</gadget>
<output>10</output>
10   10/2= X/100 000   5*100 000 = X   500 000 = X   500 000nswer: 500 000)
<result>A</result>
A prize pool for a competition is divided up so that the first place winner receives 50%, the second place 30%, and third place receives 20%. If the third place competitor receives 100 000 dollars, how much is the total prize pool in dollars?