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? SOLVE STEP BY STEP
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Total amount of price money= Rs3000
Which is to be distributed in the form of 63 prizes.
Let the prize of Rs100 type be x and 25Rs type be y.
100x + 25y = 3000
x + y = 63....
Multiplying eqn 2 by 100
100x + 100y +6300
Subtracting eqn 3 from 1
i.e 0 + 75y= 3300
Therefore y = 3300/75
44
63-44=19
Therefore there are 44 types of prizes in the form of 25Rs and 19 prizes in the form of 100 rupees.
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