Answer:
£120
Step-by-step explanation:
With regards to the above, the difference between the ratio is
3:1 is 2
I.e
(3 - 1) = 2
Nick gets 2 extra, which is equal to £60
Therefore,
1 share = £60/2 = £30
June gets 1 share = 1 × £30 = £30
Nick would get = 3 × £30 = £90
Therefore, the value gotten by both would be;
= £30 + £90
= £120
