Question

a total of ₹80000 is to be disturbed among 200 persons as prize. a prize is either of ₹ 500or ₹ 100. find the number of each prize

Answer 1

let no. of prizes of rs500 be x
no. of prizes at Rs100 be (200-x)
as per given ques
500x+100 (200- x)=80000
500x+20000-100x=80000
400x=80000- 20000
400x=60000
x=60000/400
x=150

and 200- 150
=50
hence no. of prizes at Rs 500 be 150
and at Rs 100 be 50