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General

Easy

Question

# A town has about 25,00 people living in it and the mayor wants to send each person 10,00 as a celebration gift because the town won the Federal Lottery for Small Towns. How much money would the town need to give out this celebration gift?

Hint:

### 1. In Mathematics, lets say, "a" represents a number and "n" is the number of times that number is to be multiplied with itself, in order to get a desired result. Then, such result can be written as an, where a is called the base and n is its power/ exponent.

an = a × a × ... × a n times.

## The correct answer is: The town needs 25,00,000 units of its currency to give out this celebration gift.

### 2. Total Amount required = Number of people living in the town × Amount required for each person.

Step-by-step solution:-

Number of people living in the town = 2500 ….................................. (Equation i)

Amount required for each person = 1000 …...................................... (Equation ii)

Now, we know that-

Total Amount required = Number of people living in the town × Amount required for each person

∴ Total Amount required = 2500 × 1000 ........................................... (From Equations i & ii)

∴ Total Amount required = 25,00,000

Final Answer:-

∴ The town needs 25,00,000 units of its currency to give out this celebration gift.

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