You are the administrator of an annual essay contest scholarship fund. This year a $90,000 college scholarship is being divided between the top two contestants so that the winner receives five times as much as the runner-up. How much will each contestant receive (in dollars)?

runner-up amount :

winner amount:

Respuesta :

Answer:

Runner-up: $15,000

Winner: $75,000

Step-by-step explanation:

Let's create an equation for this problem.

Let x=the amount the runner-up receives

Let 5x=the amount the winner receives

Then,

x+5x=90,000

6x=90,000

x=15,000

5x=75,000

Amount of scholarship received by the winner and runner-up using the equation is equal to [tex]\$75,000[/tex] and [tex]\$15,000[/tex] respectively.

What is the equation?

" Equation is defined as the representation of the relation between the variables and the number using the sign of equality."

According to the question,

Given,

Total amount of scholarship [tex]=\$90,000[/tex]

[tex]'x'[/tex] represents the amount of scholarship received by the runner-up

[tex]'y'[/tex] represents the amount of scholarship received by the winner

As per the given condition equation we have,

[tex]x + y = \$90,000[/tex]                            ________[tex](1)[/tex]

[tex]y = 5x[/tex]                                           ________[tex](2)[/tex]

Substitute the value of [tex]'y'[/tex] in equation [tex](1)[/tex] we get,

[tex]x+ 5x = 90,000\\\\\implies 6x = 90,000\\\\\implies x = \$15,000[/tex]

Therefore,

[tex]y = 5 \times 15,000\\\\\implies y = \$75,000[/tex]

Hence, the amount of scholarship received by the winner and runner-up using the equation is equal to [tex]\$75,000[/tex] and [tex]\$15,000[/tex] respectively.

Learn more about the equation here

https://brainly.com/question/10413253

#SPJ2

ACCESS MORE