Winner Beats Second Runner Up by...

What was the question? 

Let Lavesh's speed be 10 m/s. Then he must have taken 10 seconds to finish the race. Since Bolt was beaten by Lavesh by 20 m he must have run 80m when Lavesh finished race in 10 seconds (t=10). So his speed would be 8 m/s.

Now Bolt requires 100/0.8 = 12.5 seconds to finish the race. When he finished, Lewis was 20m behind i.e. 80m from starting point at t = 12.5. So Lewis speed is 80/12.5 = 6.4 m/s

At t = 10 seconds, when Lavesh finished his race Lewis must be at 6.4 x 10 = 64 m from starting point. Hence Lavesh beats Lewis by 100 - 64 = 36 m.

Another method.

Let L be the speed of Lavesh, B be the speed of Bolt & W be that of Lewis. Then,

L/B = 100/80 = 5/4

L = (5/4) B  .......(1)

Similarly,

B/W = 100/80 = 5/4

B = (5/4) W .......(2)

Putting (2) into (1),

L = (5/4) x (5/4) W

L/W = 25/16

L = (25/16) W

For given time t, when Lavesh finished the race,

Distance by L/ Distance by W = 25 / 16

100 m/ Distance by W = 25 / 16

Distance by W = (16 x 100) / 25 = 64.

  
So when Lavesh finished cross line at 100 m, Lewis was at 64m i.e. 36m behind. In other words, Lavesh beats Lewis by 100 - 64 = 36 m.