Given:
Cost of gift = $20.48
Mark pays for [tex]\dfrac{2}{3}[/tex] of the gift and John pays for the remaining [tex]\dfrac{1}{3}[/tex].
To find:
The amount paid by each boy.
Solution:
We have,
Cost of gift = $20.48
Mark pays for [tex]\dfrac{2}{3}[/tex] of the gift. So, the amount paid by Mark is:
[tex]20.48\times \dfrac{2}{3}\approx 13.653[/tex]
John pays for the remaining [tex]\dfrac{1}{3}[/tex]. So, the amount paid by John is:
[tex]20.48\times \dfrac{1}{3}\approx 6.827[/tex]
Therefore, the amount paid by Mark and John are $13.653 and $6.827 respectively.