A sum of Rs 1,600 is to be used to give ten prizes to students of a school for their overall academic performance. If each prize is Rs 20 less than its preceding prize, find the value of each of the prizes.
Given,
S10 = 1600,
d = - 20
sn = n/2[2a+(n – 1)d]
∴ 10/2[2a+(10 – 1)( - 20)] = 1600
2a – 180 = 320
2a = 320 + 180 = 500
a = 250
1st prize = a = 250
2nd prize = a2 = a+d = 250 + (- 20) = 230
3rd prize = a3 = a2+d = 230 – 20 = 210
4th prize = a4 = a3+d = 210 – 20 = 190
5th prize = a5 = a4+d = 190 – 20 = 170
6th prize = a6 = a5+d = 170 – 20 = 150
7th prize = a7 = a6+d = 150 – 20 = 130
8th prize = a8 = a7+d = 130 – 20 = 110
9th prize = a9 = a8+d = 110 – 20 = 90
10th prize = a10 = a9+d = 210 – 20 = 70
= 16, 00
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