The correct option is
D 23$
The payouts will have to be in the sum of some integer number of 5chipsandsomeintegernumberof 7 chips. Which of the answer choices cannot be the sum? One efficient way to eliminate choices is first to cross off any multiples of 7 and/ or 5, which eliminates (E). Now, any other possible sums must have at least one 5 and one 7 in them. So you can subtract off 5′s one at a time until your each a multiple of 7. (It is easier to subtract 5′s than Z's, because our number system is base−10.) Thus:
Answer choice (A): 31−5=26;26−5=21, a multiple of 7; this eliminates (A). (In other words, 31=3×7+2×5.)
Answer choice (B): 29−5=24;24−5=19;19−5=14, a multiple of 7; this eliminates (B).
Answer choice (C): 26−5=21, a multiple of 7; this eliminates (C).
So the answer must be (D), 23. You check by successively subtracting 5 and looking for multiples of 7:23−5=18, not a multiple of 7;18−5=13, also not a multiple of 7;13−5=8, not a multiple of 7; and no smaller result will be a multiple of 7 either.