What is the smallest number of florins that must be given to discharge a debt of pounds 1.6s.6d., if the change is to be paid in half-crowns only?
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Solution
⟹1 florin =24 pence Debt =318 pence Half-crown =30 pence So, the person can give 17 florins =408 pence and in return can take =408−318=90 pences i.e., 3 half-crowns.