A contest awards 4 prizes of $300 each and 2 prizes of $500 each. What is the to

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Question: A contest awards 4 prizes of $300 each and 2 prizes of $500 each. What is the total amount awarded?

Options:

Correct Answer: $2400

Solution:

Total amount = (4 * 300) + (2 * 500) = 1200 + 1000 = $2200.

A contest awards 4 prizes of $300 each and 2 prizes of $500 each. What is the total amount awarded?

A contest awards 4 prizes of $300 each and 2 prizes of $500 each. What is the total amount awarded?

Step 1: Identify the number of prizes for each amount. There are 4 prizes of $300 and 2 prizes of $500.
Step 2: Calculate the total amount for the $300 prizes by multiplying the number of prizes (4) by the prize amount ($300). This gives you 4 * 300 = $1200.
Step 3: Calculate the total amount for the $500 prizes by multiplying the number of prizes (2) by the prize amount ($500). This gives you 2 * 500 = $1000.
Step 4: Add the total amounts from Step 2 and Step 3 together. This gives you $1200 + $1000 = $2200.
Step 5: The total amount awarded in the contest is $2200.

Arithmetic Operations – The question tests the ability to perform basic arithmetic operations, specifically multiplication and addition, to calculate the total amount awarded in a contest.
Understanding Prize Distribution – The question assesses the understanding of how to distribute and sum different prize amounts based on their quantities.