A sum of $ 3000 is to be given in the form of 63 prizes. If the prize money is either $ 100 or $ 25. Find the number of prizes of each type.
Answers
Let's take the sum of the number as = X
Let's take the prize as = Y
Total amount = $3000
Total prize = 63
the number of prizes of each type = ??
x + y = 63
y = 63 - x --------------(1)
100x + 25y = 3000 ------------(2)
Now equate (1) in (2)
100x + 25y = 3000
100x + 25 [ 63 - x ] = 3000
100x + 1575 - 25x = 3000
100x - 25x + 1575 = 3000
75x + 1575 = 3000
75x = 3000 - 1575
75x = 1425
x = 1425 / 75
x = 19 -------------------(3)
Now substitute (3) in (1)
Y = 63 - x
Y = 63 - 19
Y = 44
☃︎Answer☃︎
Solution
Let's take the sum of the number as = X
Let's take the prize as = Y
Given:
Total amount = $3000
Total prize = 63
Tofind;
the number of prizes of each type = ??
Now:
x + y = 63
y = 63 - x --------------(1)
100x + 25y = 3000 ------------(2)
Now equate (1) in (2)
100x + 25y = 3000
100x + 25 [ 63 - x ] = 3000
100x + 1575 - 25x = 3000
100x - 25x + 1575 = 3000
75x + 1575 = 3000
75x = 3000 - 1575
75x = 1425
x = 1425 / 75
x = 19 -------------------(3)
Now substitute (3) in (1)
Y = 63 - x
Y = 63 - 19
Y = 44