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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 denomination does he have?

A
325
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B
675
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C
125
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D
250
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Solution

The correct option is D 250
Given that the denomination notes of 1000, 500, 100 are in the ratio 2:3:5.

Number of 1000 denomination notes with Pawan = 2x
Therefore, amount = 2000x

Number of 500 denomination notes with Pawan = 3x
Therefore, amount = 1500x

Number of 100 denomination notes with Pawan = 5x
Therefore, amount = 500x

Total amount = 5,00,000 (Given)

2000x+1500x+500x=5,00,000

4000x=5,00,000

x=5,00,0004,000=125

Therefore, number of 1000 denomination notes = 2x=2×125
= 250 notes.


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