Three prizes are to be distributed in a quiz programme. The price-value of the second prize is seven-eighths of the price value of the first prize and the price value of the third prize is five sixths of the second prize. If the total price value of three prizes is Rs 18,000, then find the price value of third price.
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Answer: 1st) 6912, 2nd) 6048, 3rd) 5040
Step-by-step explanation:
Let, price value of first prize is x
So, price value of second prize is (7/8)x
So, price value of third prize is (7/8)×(5/6)x = (35/48)x
So according to question,
x+(7/8)x+(35/48)x = 18000
, x= (48/125) ×18000= 6912
So, price value of first , second , third prize is 6912 , 6048 , 5040
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