A contest offers 15 prizes. The 1st prize is P 5000, and each successive prize is P 250 less than the preceding prize.

What is the value of the 15th prize?

What is the total amount of money distributed in prizes?​


Sagot :

Answer:

5000 1st

4750 2nd

4500 3rd

4250 4th

4000 5th

3750 6th

3500 7th

3250 8th

3000 9th

2750 10th

2500 11th

2250 12th

2000 13th

1750 14th

1500 15th

Total: 48,750

Step-by-step explanation:

The value of the 15th price is 1,500 and the total amount of money distributed in prizes is 48,750.