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Question 14
Lakshmi is a cashier in a bank. She has currency notes of denominations
100, 50 and 10 respectively. The ratio of the number of these notes is 2:3:5. The total cash with Lakshmi is 4,00,000. How many notes of each denomination does she have?

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Solution

Let number of notes of 100, 50 , 10 be 2x, 3x, and 5x respectively.
According to question,
100×2x+50×3x+10×5x=4,00,000

200x+150x+50x=4,00,000.400x=4,00,000
400x400=4,00,000400
x=1000

Hence,number of denominations of 100notes
=2×1000=2000

Number of denominations of 50 notes
=3×1000=3000

Number of denominations of 10 notes
=5×1000=5000

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