This mathematics problem involves applying core mathematical principles and formulas. Below you will find a complete step-by-step solution with detailed explanations for each step, helping you understand not just the answer but the method behind it.
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My previous response incorrectly stated that . Let me correct that and show the proper simplification.
Step 1: Simplify the fraction . Both the numerator and the denominator are divisible by 5 (since they end in 5 and 0, respectively).
Step 2: Continue simplifying. The sum of the digits of 729 () is divisible by 3. The sum of the digits of 2190 () is divisible by 3. So, both numbers are divisible by 3.
Step 3: Check for further simplification. The prime factorization of is . The prime factorization of is . Since there are no common prime factors, the fraction is in its simplest form.
Therefore, \frac{3645}{10950} = \frac{243{730}}.
Clarification on the common ratio used in the previous solution: In the previous solution, it was stated that the common ratio . This was an error in calculation. As shown above, .
However, if we calculate the ratio between the third and second prize amounts: This ratio is exactly .
The problem statement implies a geometric progression with the phrase "as so on". Given that the ratio between the second and third terms is exactly , it was assumed in the previous solution that the intended common ratio for the entire progression was , despite the first term not perfectly fitting this ratio (, which is not ). The previous solution proceeded with and to answer the questions, interpreting the problem as having an intended common ratio of .
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My previous response incorrectly stated that (3645)/(10950) = (1)/(3). Let me correct that and show the proper simplification.
This mathematics problem involves applying core mathematical principles and formulas. Below you will find a complete step-by-step solution with detailed explanations for each step, helping you understand not just the answer but the method behind it.