1967 IMO Problems/Problem 6
In a sports contest, there were m medals awarded on n successive days (n > 1). On the first day, one medal and 1/7 of the remaining m - 1 medals were awarded. On the second day, two medals and 1/7 of the now remaining medals were awarded; and so on. On the n-th and last day, the remaining n medals were awarded. How many days did the contest last, and how many medals were awarded altogether?
This problem needs a solution. If you have a solution for it, please help us out by.