Mr. J has pennies, nickels, dimes, quarters, one dollar bills and five dollar bills?

Mr. J has pennies, nickels, dimes, quarters, one dollar bills and five dollar bills. There are twice as many nickels as pennies, twice as many dimes as nickels, three fewer quarters than dimes and the same number of one dollar bills and five dollar bills as there are nickels. The total value of the money he has is $93.82. How many dimes does he have?

1 Answer
Dec 20, 2017

Mr. J has 7 pennies, 7 nickels, 14 dimes, 25 quarters, 14 one dollar bills and 14 five dollar bills

Explanation:

Let Mr.J have x one dollar bills, x five dollar bills and x nickles.

As there are twice as many nickels as pennies, number of pennies is x/2 and as there are twice as many dimes as nickles, we have 2x dimes. As Mr.J has 3 fewer quarters than dimes, number of quarters he has is 2x-3.

Now each quarter is 25 cents or $0.25 or 1/4, each dime is 10 cents or $0.10 or 1/10, each nickle is 5 cents or $0.05 or 1/20 and each penny is 1 cent or $0.01 or 1/100.

Hence total amount is

5x+x+(2x-3)xx1/4+2x xx1/10+x xx1/20+x/2xx1/100=93.82

or 1/100[500x+100x+25(2x-3)+20x+5x+x/2]=93.82

or 625x+x/2+50x-75=9382

or 675x+x/2=9382+75=9457

or 1351x=18914

or x=18914/1351=14

Hence, Mr. J has 14/2=7 pennies, 7 nickels, 14 dimes, 14xx2-3=25 quarters, 14 one dollar bills and 14 five dollar bills