Question

1. In a lottery, a total of 200 prizes are to be given. A prize is either of Rs. 500
or Rs. 100. Find the number of each type of prizes if the total prize money
is Rs. 50,000
[Ans: 75 and 125]​

Answer 1

ANSWER:

STEP-BY-STEP-EXPLANATION

Answer:

Step-by-step explanation:

Total prize money = 50000

Let the number of 500 rs prize be x

Hence the number of 100 rs prize = 200 - x

Total amount for 500 rs prizes = 500 × x = 500 x

Total amount for 100 rs prizes = (100 × (200 - x) = 20000 -1 00x

=> 500x + 20000 - 100x = 50000

=>400x = 50000-20000

400x = 30000

x = 30000/400

x = 75

No of 500 rs prize ,= 75

No of 100 rs prize = 200 - 75 =125

Hope it is clear

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