In a competition, the amount of prize money for the first position is 5 by 3 of that for the second position. The prize amount for the third position is 4 by 7 of that for the second position. If the total amount of prize money is 36,800, find the prize amounts for each of the three positions.
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Answer:
Let, the 2nd runner-up be represented as :
X
ATP :
(5/3)x + x + (4/7)x = 36800
=⟩ [ 5x.7 + x.21 + 4x.3 ] / 21 = 36800
=⟩ 35x + 21x + 12x = 36800 . 21
[ Note : A habitual mistake which common lay-man make is multiplying greater digits as for which they end up making silly calculation errors, thereby avoid. ]
=⟩ 68 x = 36800 . 21
Hence, x = ( 36800 . 21 ) / 68
= 11364 ( gets rounded off )
( rounded off results )
For winner :
5/3 x =⟩ 5/3 . 11365 =⟩ Rs. 18942.
For 1st runner-up :
x =⟩ Rs. 11364.
For 2nd runner-up :
4/2 x =⟩ 4/2 . 11365 =⟩ Rs. 6494.
Thanks....!!
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