A total of rs50000 is to be distrbuted among 200person as prizes .A prizes is either rs 500or rs100.find the number of each type of prizes
Answers
Step-by-step explanation:
Given total number of persons = 200.
Let the prize of 500 be given to 'x' persons.
Let the prize of 100 be given to (200 - x) persons.
Given that total worth of prizes = 50000.
⇒ 500x + 100(200 - x) = 50000
⇒ 500x + 20000 - 100x = 50000
⇒ 400x = 50000 - 20000
⇒ 400x = 30000
⇒ x = 75.
Therefore:
⇒ Number of persons who received rs.500 as prize = 75
⇒ Number of persons who received rs.100 as prize = (200 - 75) = 125.
Hope it helps!
Money distributed to the number of persons = 200 persons
Let the number of Rs. 500 notes distributed to person be x
Let the number of Rs. 100 notes distributed be y
x + y = 200
y = 200 - x --- eq(1)
Money distributed to persons in Rs. 500 denomination = Rs. 500x
Money distributed to persons in Rs. 100 denomination = Rs. 100y
Total money distributed to person = Rs. 50000
500x + 100y = 50000
500x + 100(200 - x) = 50000 (Since eq(1))
500x + 20000 - 100x = 50000
400x + 20000 = 50000
400x = 50000 - 20000
400x = 30000
x = 30000/400
x = 300/4
x = 75
Therefore Number of Rs. 500 notes = x = 75
Number of Rs. 100 notes = 200 - x = 200 - 75 = 125
Therefore Rs. 100 notes are 125 in number and Rs. 500 notes are 75 in number.