SOLUTION: In a carnival organized by Youth 4B, competition is conducted. One of the competition is to answer 20 Mathematics question. The prize offered is grand. The total cash prize offered

Algebra.Com
Question 971655: In a carnival organized by Youth 4B, competition is conducted. One of the competition is to answer 20 Mathematics question. The prize offered is grand. The total cash prize offered is RM 490. The second runner up will receive half of the cash prize of the first-runner up. The first-runner up will receive half of the cash prize of first place winner. Calculate the cash prize that could be earned by the first place winner. Only first three winners will receive the prize.
Answer by Boreal(15235)   (Show Source): You can put this solution on YOUR website!
x=winner's prize
(1/2)x= 2nd place
(1/4)x=3rd place
(7/4)x=490
multiply both sides by 4
7x=1960
x=280
First prize is 280 RM ANSWER
First runner up gets 140 RM
Second runner up gets 70 RM

RELATED QUESTIONS

Each year, the date of the Kangaroo competition is the third Thursday of March. What is... (answered by KMST)
A popular video game is having a competition for the best gamer. They are going to take... (answered by ewatrrr)
Is my answer correct? I would appreciate the feedback! A community 5K run will award... (answered by edjones)
1.) What will it cost to tile a kitchen floor that is 12 feet wide by 20 feet long if the (answered by oscargut)
It is hypothesized that the market share of a corporation should vary more in an industry (answered by rothauserc)
The ratio of boys to girls among the students who signed up for a basketball competition... (answered by ikleyn,Theo,Edwin McCravy,MathTherapy)
I am completely stumped on this one: 3 colleges participated in a track and field... (answered by scott8148)
The ratio of boys to girls among the students who signed up for a basketball competition... (answered by josmiceli)
There are 18 questions in a math competition. The scores of each question are allotted in (answered by ikleyn)