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Question

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

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Solution

Let the number of notes of different denomination be x.
Numbers of Rs100 notes, 50 notes and Rs10 notes will be 2x,3x and 5x respectively.
Amount of 100 Rs notes Rs100×2x=200x
Amount of 50 Rs notes Rs50×3x=150x
Amount of 10 Rs notes Rs10×5x=50x
As per the question
Total amount =400000
200x+150x+50x=400000
400x=400000,x=1000
No of Rs 100 notes =2x=2×1000=2000
No of Rs 50 notes =3x=3×1000=3000
No of Rs 10 notes =5x=5×1000=5000

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