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What is the value of the coin combination below, considering it consists of 20% nickel coins and 80% penny coins, with a ratio of 1 nickel to 3 pennies?

User FerCa
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1 Answer

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Final answer:

The value of the coin combination consisting of 20% nickel coins and 80% penny coins is 1.8 dollars.

Step-by-step explanation:

To find the value of the coin combination, we need to consider the ratio of 1 nickel to 3 pennies and the percentages of nickel and penny coins. Let's assume we have a total of 100 coins. Since the ratio is 1 nickel to 3 pennies, we would have 20 nickels and 80 pennies based on the given percentages.

The value of a nickel is 5 cents, so the total value from the nickels would be 5 cents multiplied by 20, which is 100 cents or 1 dollar.

The value of a penny is 1 cent, so the total value from the pennies would be 1 cent multiplied by 80, which is 80 cents or 0.8 dollars.

Therefore, the value of the coin combination consisting of 20% nickel coins and 80% penny coins is 1 dollar and 0.8 dollars, which is a total of 1.8 dollars.

User El Che
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