A person withdrew 1 million from a bank. If the money was given in $100 bills, then how many bills did he get?
A
1,000
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B
100,000
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C
10,000
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D
100
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Solution
The correct option is C 10,000 Given:
Money withdrawn =$1million =$1,000,000
Denomination of currency he received =$100
Thus, the number of $100 bills he got is 1,000,000÷100. ⇒Quotient = 10,000
Hence, the number of currency bills that he got is 10,000.