Question

A bag contains pennies, nickels, dimes, and quarters. There are 50 coins in all. Of the coins, 12% are pennies and 38% are dimes. There are 6 more nickels than pennies. How much money does the bag contain?

Answer 1

$5.81

Explanation:

Let n = no. of nickels

d = no. of dimes

p = no. of pennies

q = no. of quarters

p = .12(50) = 6

d = .38(50) = 19

n = 6 + p = 6 + 6 = 12

q = 50 - 6 - 19 - 12 = 13

Amt of money = 6(1) + 12(5) +19(10) + 13(25)

= 6 + 60 + 190 + 325

= 581 cents = $5.81