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 Rs. 5,00,000, then how many notes of Rs. 1000 denomination does he have?

• A. 250
• B. 375
• C. 625
• D. 125

Answer 1

The correct option is A

250

Given that the denomination notes of 1000, 500, 100 are in the ratio 2:3:5,

Number of 1000 denomination notes Pawan has = $2x$

Number of 500 denomination notes Pawan has = $3x$

Number of 100 denomination notes Pawan has = $5x$

For 1000 notes, amount of money = Rs. $2000x$

For 500 notes, amount of money = $3x\times 500$ = Rs. $1500x$

For 100 notes, amount of money = $5x\times 100$ = Rs. $500x$

Total Sum = $2000x+1500x+500x=Rs.5,00,000$ (Given)

$4000x=5,00,000$

$x=125$

Number of 1000 denomination notes = $2\times 125=250$ notes