In a lottery, a total of 300 prizes are to be given. A prize is either of 500 rupees or 200 rupees. Find the number of first type(500 rupees each) of prizes if the total prize money is 90,000 rupees I will mark u the brainlest
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Let x=Number of Rs 500 prizes given
y=number of Rs 100 prizes given
Since it is given that in that lottery the total of Rs 200 prizes are to be given.
⇒x+y=200 → 1
Since the total prize money 50000
⇒500x+100y=50000 → 2
Solving equation 1 and 2 simultaneously
−4x=−300
x+y=2005x+y=500
x=75
x+y=200
⇒y=125
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