a total of Rs 80000 is to be distributed among 200 person a price is either Rs 500 or Rs 300 find the number of each type of prices
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a total of Rs 80000 is to be distributed among 200 person a price is either Rs 500 or Rs 300 find the number of each type of prices
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200
let price in the denomination of 500 is x and 300 is y
then, according to question
500x+300y=80000
5x+3y=800 ......... (1)
Also given, x+y=200
so x=200-y
Then from equation 1
5(200-y)+3y=800
1000-5y+3y=800
1000-800=2y
2y=200
y=100
and
x=100
price of 500 will be 500*x = 500*100 = 50000 Rs
price of 300 will be 300*100 = 30000 Rs