Given:
One variety of gift wrappers sells for 50 cents a sheet the other for 25 cents a sheet.
In dollars,
One variety of gift wrappers sells for 0.5 dollars a sheet the other for 0.25 dollars a sheet.
The assortment will cost $7.
Let x be the number of 50 cents sheets.
Let y be the number of 25 cents sheets.
It is also given that,
The number of 50 cents sheets is 3 times the number of 25 cent sheets.
x=3y ........ (1)
0.5x+0.25y=7 ....... (2)
Substitute (1) in (2) we get,

Hence, x=3(4)
x=12
So, the number 50 cents sheets are 12 and the number of 25 cents sheet is 4.