A total of rupees 50000 is to be distributed among 200 persons as prizes.a price is either rupees 500 or rupees 100. find the number of each type of prices.
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Let the number of Persons accepting the Rs. 100 as prize be x
Then the number of persons accepting the Rs. 500 as prize will be 200 - x
Now, According to The Question ,
100x + 500(200 - x) = 50000
We can solve this linear equation to get the value of x.
100x + 500(200 - x) = 50000
=> 100x + 100000 - 500x = 50000
=> - 400x = 50000 - 100000
=> 400x = 50000
=> x = 50000/400
=> x = 125
Now the number of persons accepting Rs.100 as prize = 125
Now the number of persons accepting Rs.100 as prize = 125The number of persons accepting Rs.500 as prizs = 200 - 125 = 75 [ANS]
VERIFICATION :-
LHS = 125 × 100 + 75 × 500
= 12500 + 37500
= 50000
= RHS
HENCE, OUR ANSWER IS CORRECT !
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