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Dan has five times as many $1 bills as $5 bills. he has a total of 48 bills. how many of each does he have?

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let the number of $1 bill be x and $5 bill be y
x=5y
5y+y=48
6y=48
x=40
y=8

number of $1 bill= 40
number of $5 bill = 8
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