Answer:
he has 32 of each kind
Explanation:
conver the cents to dollar
48 cents = $0.48
5 cents = $0.05
let x be the number of 40cents and 5 cents.
(since the problem said that the same number of 48 cents and 5 cents)
0.48x+0.05x=16.96
0.53x=16.96
x=32
to check
0.48×32+0.05×32=16.96