A bag contains pennies, nickels, dimes, and quarters. There are 50 coins in all. Of the coins,16 % are pennies and 30 % are dimes. There are more 2 nickels than pennies. How much money does the bag contain?
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Answer:
There are $6.33 in the bag.
Step-by-step explanation:
- Number of Pennies = 0.16*50 = 8
- Number of Dimes = 0.3*50 = 15
- Number of Nickels = 8+2 = 10
- Number of Quarters = 50-(8+15+10) = 17
Thus, the total money in the bag = (8*$0.01)+(15*$0.1)+(10*$0.05)+(17*$0.25) = ($0.08)+($1.5)+($0.5)+($4.25) = $6.33
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