Question

After breaking your penny bank, you notice that you have $4.87 in quarters ($0.25), dimes ($0.10), nickels ($0.05), and pennies ($0.01). If there are twice as many pennies as nickels and one and a half time the number of nickels as dimes and 34 more pennies than quarters, how many pennies do you have? A. 17 B. 34 C. 42 D. 44

Answer 1

Answer: Option 'c' is correct.

Explanation:

Let the number of dimes be 'x'.

Let the number of nickels be '
`(3)/(2)x`'.

Let the number of pennies be
`(3)/(2)* 2x=3x`

Let the number of quarters be '3x-34'.

As we know that

1 quarter = $0.25

1 dime = $0.10

1 nickel = $0.05

1 penny = $0.01

According to question, we get that

`0.10x+0.05* (3x)/(2)+0.01* 3x+0.25(3x-34)=4.87\\\\0.10x+0.075x+0.03x+0.75x-8.5=4.87\\\\\\0.955x=4.87+8.5\\\\0.955x=13.37\\\\x=(13.37)/(0.955)\\\\x=14`

So, the number of pennies is given by

`3x=3* 14=42`

Hence, Option 'c' is correct.