MaxClients of x would require y servers, and would exceed the ServerLimit value of z

Issue

• Starting httpd with the worker module shows the following warning:

Starting httpd: WARNING: MaxClients of x would require y servers,
 and would exceed the ServerLimit value of z.
 Automatically lowering MaxClients to 250.  To increase,
 please see the ServerLimit directive.

• We have below configuration and getting above defined error

<IfModule worker.c>
StartServers        3
MaxClients          500
MinSpareThreads     25
MaxSpareThreads     75
ThreadsPerChild     25
MaxRequestsPerChild 10000
ServerLimit         100
</IfModule>