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Question

Kate has $ 500 as currency notes in the denominations of $ 50 and $ 20. The ratio of the number of $ 50 notes and $ 20 notes is 3:5. Then, the number of $ 50 notes is and the number of $ 20 notes is .

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Solution

Since the ratio of $ 50 notes and $ 20 notes is 3:5.
Let the number of $ 50 notes be 3x and the number of $ 20 notes be 5x respectively.
( the ratio still remains the same i.e. 3x:5x=3:5).

(3x)×($ 50)+(5x)×($ 20)=$500
150x+100x=500
250x=500

On dividing both sides of the equation by '250', we get,
250x250=500250
x=2

Number of $ 50 notes =3x=3×2=6
Similarly, number of $ 20 notes =5x=5×2=10

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