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Question

Lakshmi is a cashier in a bank. She has notes of denomination of Rs. 20, Rs. 10 and Rs. 5. The ratio of number of these notes is 1:2:3. The total cash with Lakshmi is Rs. 1100. How many notes of Rs. 20 denomination does she have?

A
10
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B
20
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C
30
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D
None of the above.
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Solution

The correct option is B 20
Let the common multiple be x.
Therefore, the number of notes of each denomination are:
Rs. 20=1(x)=x notes
Rs. 10=2(x)=2x notes
Rs. 5=3(x)=3x notes

According to the given condition, total amount with Lakshmi is Rs. 1100.
20(x)+10(2x)+5(3x)=1100
20x+20x+15x=1100
55x=1100
x=20
Therefore, Lakshmi has 20 notes of Rs. 20 denomination.

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