Math

QuestionA company awarded bonuses totaling \$3000 in \$250 or \$750 amounts. If both types were given, how many \$250 bonuses could there be?

Studdy Solution

STEP 1

Assumptions1. The total bonus amount is $3000\$3000 . The bonuses were awarded in amounts of $250\$250 or $750\$750
3. At least one $250\$250 bonus and at least one $750\$750 bonus were awarded

STEP 2

Let's denote the number of $250\$250 bonuses as xx and the number of $750\$750 bonuses as yy. We can write the equation that represents the total bonus amount.
250x+750y=3000250x +750y =3000

STEP 3

We can simplify the equation by dividing all terms by250.
x+3y=12x +3y =12

STEP 4

Since we know that at least one $250\$250 bonus and at least one $750\$750 bonus were awarded, we can say that x1x \geq1 and y1y \geq1.

STEP 5

We can start by assuming the minimum value for yy, which is1. Substitute y=1y =1 into the equation.
x+3(1)=12x +3(1) =12

STEP 6

olve the equation for xx.
x=123=9x =12 -3 =9So, one possible number of $250\$250 bonuses awarded is9.

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