To find the amount of money Alex should get back we need to perform ₹4000 - ₹2300
Using place value method,
![](https://df0b18phdhzpx.cloudfront.net/ckeditor_assets/pictures/1544706/original_Screenshot_2022-02-17_142229.png)
So Alex will get back ₹1700.
The notes given have the values as shown below.
![](https://df0b18phdhzpx.cloudfront.net/ckeditor_assets/pictures/1544717/original_Screenshot_2022-02-17_143138.png)
For minimum number of notes, notes of larger value should be used as much as possible.
First, we will see that how many maximum number notes of ₹500 can be used to pay ₹1700.
3 notes ₹500 will be used to get ₹1500, i.e., 3 x ₹500 = ₹1500
Then, 2 notes of ₹100 for the remaining ₹200, i.e., 2 x ₹100 = ₹200
So, a total of 5 notes (minimum number) will be given to Alex in return.