The organizers of an essay competition decide that a winner
in the competition gets a prize of $ 100 and a participant who does not win gets
a prize of $ 25. The total prize money distributed is $ 3,000. Find the
number of winners, if the total number of participants is 63.
Answer:
Let the number of winners be y
So, number of students who did not win = 63 – y
Given that, 100y + (63 – y )25 = 3000
Or, 100y + 1575 – 25y = 3000
Or, 75y = 3000 – 1575
Or, y = 1425/75
Or, y = 19.
I have a total of $ 300 in notes of denomination $ 1, $ 2 and $
5. The number of $ 2 notes is 3 times
the number of $ 5 notes. The total number of notes is 160. How many notes of each denomination are with me?
Answer:
Let the number of $5 denomination note be y
So, number of $2 denomination note is 3y
So, number of $1 denomination note = 160 – y – 3y = 160 -4y
Given, 5y + 2x3y +1x (160 – 4y) = 300
Or, 5y +6y + 160 – 4y = 300
Or, 7y = 140
Or, y = 20
The number of $5 denomination note is 20
So, number of $2 denomination note is 3y = 60
So, number of $1 denomination note = 160 - 4y = 80
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