A sum of 700 rupees is to be used to give seven cash prizes to students of a school for their overall academic performance. If each prize is 20 rupees less than its preceding prize,find the value of each of the prizes. please help
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Answer:
Cash to be given totally = ₹700
Students being given = 7
Cash given for one student = 700/7 = ₹100
If prize is reduced by ₹20,
Then, 100 - 20 = ₹80
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