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Question

Pawan is a cashier in a bank. He has currency notes of denominations 1000 and 100 respectively. The ratio of the number of these notes is 4:10. If the total cash with Pawan is Rs.5,00,000, how many notes of Rs.1000 denomination does he have?


A

250

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B

375

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C

625

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D

125

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Solution

The correct option is C

625


Given that the denomination notes of 1000 and 100 are in the ratio 4:10,

No. of 1000 denomination notes Pawan has = 4x

No. of 100 denomination notes Pawan has = 10x

For 1000 notes, amount of money
=Rs.4000x

For 100 notes, amount of money
=10x×100=Rs.1000x

Total sum
=4000x+1000x=Rs.5,00,000 (Given)

5000x=5,00,000

x=100

Number of 1000 denomination notes
=4×100=400 notes


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