Asked in PPSC, FPSC and other one-paper exams (compiled from unofficial resources).

The prize money of Rs. 60,000 will be distributed among eight teams according to their positions determined in a match series. The award increases by the same amount for each higher position. If the last place team is given Rs. 4,000, how much is awarded to the first place team?

1. A.Rs. 10,000
2. B.Rs. 11,000Correct answer
3. C.Rs. 12,000
4. D.Rs. 13,000