700 children attended the fair
Solution:
Let "a" be the number of children attended
Let "b" be the number of adults attended
Cost for each children = $ 1.50
Cost for each adult = $ 4
1000 adults attended the fair
b = 1000
One certain day $5050 is collected. Therefore, we frame a equation as:
number of children attended x Cost for each children + number of adults attended x Cost for each adult = 5050

Thus 700 children attended the fair