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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 the 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

Ratio of Rs. 100, Rs. 50 and Rs. 10 notes = 2:3:5

Let the number of Rs. 100 notes =2x

The number of Rs. 50 notes =3x

The number of Rs. 10 notes =5x

According to the question,

2x×100+3x×50+5x×10=400000

200x+150x+50x=400000

400x=400000

x=1000

Therefore,

The number of Rs. 100 notes =2x=2×1000=2000

The number of Rs. 50 notes =3x=3×1000=3000

The number of Rs. 10 notes =5x=5×1000=5000

Hence, this is the required result.


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