A total of Rs. 10,000 is distributed among 150 persons as gift. A gift is either of Rs. 50 or Rs. 100. The total number of Rs. 50 gifts is _________.
Total number of gifts = 150
Let the number of Rs. 50 be x
Then the number of gifts of Rs. 100 is (150 - x)
Amount spent on x gifts of Rs. 50 = Rs. 50x
Amount spent on (150 - x) gifts of Rs. 100 = Rs. 100(150 - x)
50x + 100 (150 - x) = 10000
50x + 15000 - 100x = 10000
50x = 15000 - 10000 = 5000
x = 100
The total number of Rs. 50 gift⇒ x = 100