a sum of Rs1890 is to be used to give seven cash prizes. If each prize is Rs 50 less than the preceeding prize, find the value of each prize
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There are 7 Prizes
Let the Prize money of First Prize be x
∴ Prize Money for all Seven Prizes be like
x, x - 50, x - 100, x - 150, .... (∵ Each Prize is 50 less than the preceding prize)
Here we can see the difference between two consecutive terms is equal
Which is - 50
So we can say the prize money forms an AP with
first term (a) = x
Common difference (d) = -50 and
number of terms (n) = 7
Here you can observe that the Sum of all 7 Prizes is 1890
But we know that in an AP
Putting Values
540 = 2x - 300
2x = 840
x = 420
Hence Prize Money for 7 Prize is
420, 370, 320, 270, 220, 170, 120
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