A sum of Rs. 700 has to be used to give seven cash prizes to the students of a school for their overall academic performance. If each prize is Rs. 20 less than its preceding prize, what is the least value of the prize?
- ARS.30
- BRS.40Correct
- CRS.60
- DRS.80
Explanation
This is a problem involving an arithmetic progression. Given: Total sum (S_n) = Rs. 700 Number of prizes (n) = 7 Common difference (d) = -Rs. 20 (since each prize is Rs. 20 less than the preceding one)
We need to find the least value of the prize, which is the 7th prize (a_7).
Step 1: Find the first prize (a_1) using the sum formula for an arithmetic progression. The sum formula is S_n = n/2 * [2a_1 + (n-1)d] Substitute the given values: 700 = 7/2 * [2a_1 + (7-1)(-20)] 700 = 7/2 * [2a_1 + 6*(-20)] 700 = 7/2 * [2a_1 - 120]
Multiply both sides by 2/7: 700 * (2/7) = 2a_1 - 120 200 = 2a_1 - 120 2a_1 = 200 + 120 2a_1 = 320 a_1 = 160
So, the first prize is Rs. 160.
Step 2: Find the least value of the prize (a_7). The formula for the nth term of an arithmetic progression is a_n = a_1 + (n-1)d. For the 7th prize (n=7): a_7 = a_1 + (7-1)d a_7 = 160 + 6*(-20) a_7 = 160 - 120 a_7 = 40
The least value of the prize is Rs. 40.
Analyzing the options: A) RS.30: Incorrect. B) RS.40: Correct, as calculated. C) RS.60: Incorrect. D) RS.80: Incorrect.
The final answer is B.

Related questions
More UPSC Prelims practice from the same subject and topic.
- Prelims 2013CSATQuantitative Aptitude
In a rare coin collection, there is one gold coin for every three non-gold coins. 10 more gold coins are added to the collection and the ratio of gold coins to non-gold coins would be 1: 2. Based on t…
- Prelims 2013CSATQuantitative Aptitude
The tank-full petrol in Arun's motor-cycle lasts for 10 days. If he starts using 25% more everyday, how many days will the tank-full petrol last?
- Prelims 2013CSATQuantitative Aptitude
If the number of female Physics professors in the age group 25 - 34 equals 25% of all the Physics professors in that age group, then what is the number of male Physics professors in the age group 25 -…
- Prelims 2013CSATQuantitative Aptitude
Four friends, A, B, C and D distribute some money among themselves in such a manner that A gets one less than B, C gets 5 more than D, D gets 3 more than B. Who gets the smallest amount?
- Prelims 2013CSATQuantitative Aptitude
There are some balls of red, green and yellow colour lying on a table. There are as many red balls as there are yellow balls. There are twice as many yellow balls as there are green ones. The number o…
- Prelims 2013CSATQuantitative Aptitude
In a class of 45 students, a boy is ranked 20th. When two boys joined, his rank was dropped by one. What is his new rank from the end?