Without knowing the value of
�
N, we cannot provide the exact amount of money required. If you have the number of students in the highest mark group, you can substitute that value into the formula to find the total amount required
Step-by-step explanation:
To determine the amount of money required for distributing the prize money, we need to know the number of students in the highest mark group. If we denote the number of students in this group as
�
N, then the total amount required (
Total Prize Money
Total Prize Money) can be calculated using the formula:
Total Prize Money
=
Amount per student
×
Number of students
Total Prize Money=Amount per student×Number of students
In this case, the amount per student is Rs. 10, and the number of students in the highest mark group is
�
N. Therefore:
Total Prize Money
=
�
�
.
10
×
�
Total Prize Money=Rs.10×N
Without knowing the value of
