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A total of rs 80000 is to be distributed among 200 persons as prizes. A prize is either of rs. 500 or rs. 100. Find the number of each prize

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by Manesika

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by Manesika

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Let us say we have given prizes of Rs 500 to N persons and Rs 100 prizes to (200-N) persons. The total amount is,

Rs 80,000 = Rs 500 N + (200 - N) Rs 100

800 = 5 N + 200 - N = 4 N + 200

4 N = 600

N = 150

**So the prizes of Rs 500 are given to 150 persons and the prizes of Rs 100 are given to 50 persons.**

Rs 80,000 = Rs 500 N + (200 - N) Rs 100

800 = 5 N + 200 - N = 4 N + 200

4 N = 600

N = 150