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Question

Elizabeth has $10,$5,and$1 bills worth $101.

She has five more five dollar bills than ten dollar bills and 4 times more 1 dollar bills than 10 dollar bills.

How many of each kind of bills does Elizabeth have?


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Solution

Find each kind of bill Elizabeth:

  • It is given that, Elizabeth has $10,$5,and$1 bills worth $101.
  • She has 5 more $5 bills than $10 bills and 4 times more $1 bills than $10bills.
  • Let Elizabeth has x number of $10bills, which worth is $10x, and x+5 number of $5 bills, which worth is $5x+5, and 4x number of $1bills, which worth is 4x.

The total worth of bills is $101:

10x+5x+5+4x=10110x+5x+25+4x=10119x+25=10119x=76x=4

4 number of $10 bills, 9 number of $5 bills and 4 number of $1 bills.

Therefore, Elizabeth has 4 number of $10 bills, 9 number of $5 bills, and 4 number of $1bills.


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