Answer:
There are 8 nickels and 14 pennies
Explanation:
Represent the number of pennies by p and nickels by n. Then:
p + n = 22, or n = 22 - p
Coin values:
($0.01/penny); ($0.05/nickel). Therefore, the relation showing the amounts of money involved is:
($0.01/penny)p + ($0.05/nickel)n = $0.54.
But we found earlier that n = 22 - p. Therefore, the previous equation becomes:
($0.01/penny)p + ($0.05/nickel)(22 - p) = $0.54.
Multiply all three terms by 100 to eliminate the decimal fractions:
1p + 5(22 - p) = 54, or:
1p + 110 - 5p = 54, or:
-4p = -56
Thus, p = 14. If p = 14, then n = 22 - 14 = 8.
There are 8 nickels and 14 pennies.
Check: 8($0.05) + 14($0.01) = $0.54 (correct)