Four people split a bill. The first person pays 1/5, the second person pays 1/3, and the third person pays 1/12. What fraction of the bill does the fourth person pay?
Correct Answer: C
Rationale: To find the fourth person's share, subtract the fractions paid by the first three people from the total bill (1). The first person pays 1/5, the second person pays 1/3, and the third person pays 1/12. Adding these fractions gives 7/15. Subtracting this from 1 gives the fourth person's share as 8/15, which simplifies to 4/5. Therefore, the fourth person pays 4/5 of the bill. Option A (1/4) is incorrect because it does not consider the fractions paid by the first three people. Option B (13/60) is incorrect as it is not the remainder after subtracting the first three fractions from 1. Option D (1/4) is a duplicate of Option A and is also incorrect.