Question

A women made a deposit of $196.If her deposit considered of 60 bills, some of them one-dollar bills and the rest being five-dollar bills, how many did she deposit?

Answer 1

Answer: 26 pieces of $1 bill and 34 pieces of $5 bill

Total Deposit = $196
Total Bills = 60 pieces
Value of $1 = $1
Value of $5 = $5

Lets assume all the 60 pieces were $1 bill.
The total deposit will be 60 x $1 = $60

But we know that the total deposit is $196. So the extra value must have come from the $5.

$196 - $60 = $136
There is still an outstanding amount of $136 not accounted for.

$5 - $1 = $4
The difference in the two bills is $4

Now we can find out the number of $5 bill by dividing the extra $136 by 4:
136 ÷ 4 = 34 pieces

There are 34 pieces of $5 bill.

Since there are 34 pieces of $5, the rest must be the $1 bill
60 - 34 = 26

There are 26 pieces of $1 bill.

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Answer: 26 pieces of $1 bill and 34 pieces of $5 bill.
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