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Question

A sum of Rs.1890 is to be used to give seven cash prizes.If each prize is Rs.50 less than the preceding prize,find the value of each prize?

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Solution

Given,
Total number of cash prizes is n=7
Sum of all seven prizes is S7=1890 Rs.
and each price is Rs.50 less than preceding prize.
let, the first price be a.
The seven prizes are in a A.P given by:
a,a50,a100,...,a300
Common difference of this A.P is d=50
Sum of an A.P is given by:
Sn=n2(2a+(n1)d)
Hence,
S7=72(2a+(71)(50))
1890=72(2a300)
1890=7a1050
7a=1890+1050
7a=2940
a=29407
a=420
Hence, value of seven cash prizes are:
420,370,320,270,220,170,120

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