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Question

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
=408318=90 pences
i.e., 3 half-crowns.

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