Question

Pawan is a cashier in a bank. He has currency notes of denominations ₹ 1000, ₹ 500 and ₹ 100 respectively. The ratio of the number of these notes is 2:3:5. If the total cash with Pawan is ₹ 5,00,000, then how many notes of ₹ 1000 does he have?

• A. 250
• B. 375
• C. 625
• D. 125

Answer 1

The correct option is A

250

$\text{Given: The number of notes of}\text{₹ 1000, ₹ 500 and ₹ 100}\text{are in the ratio 2:3:5.}$

$\text{Let the number of ₹ 1000, ₹ 500 and}$
$\text{₹ 100 notes be}2x,3xand5x.$

$\text{No. of ₹ 1000 notes}=2x,\text{Its value}=₹1000\times 2x=₹2000x$

$\text{No. of ₹ 500 notes}=3x,\text{Its value}=₹500\times 3x=₹1500x$

$\text{No. of ₹ 100 notes}=5x,\text{Its value}=₹100\times 5x=₹500x$

$\text{Given: Total cash = ₹ 5,00,000}$

$2000x+1500x+500x=₹5,00,000$

$4000x=5,00,000$

$x=125$

$\text{Number of ₹ 1000 notes}=2x=2\times 125=250\text{notes}$