Given 120/275 coins are quarters, we can set up equations to find the nickels, dimes, and pennies, where “d” represents dimes, and “p” represents pennies.
275 - 120 = 155, and 20% of 155 = number of nickels. So…
0.20 • 155 = 31
There are 31 nickels.
Now to set up equations for dimes and pennies, given there are 3 pennies for every dime. The pennies and dimes must add to 124 since 155 - 31 = 124:
p = 3d
d + p = 124
We can substitute our value in:
3d + d = 124
4d = 124
d = 31
Therefore, there are 31 dimes. 124 - 31 = 93, so there are 93 pennies.
Hence, there are 93 pennies, 31 dimes, 31 nickels, and 120 quarters.