Lakshmi is a cashier in a bank. She has currency notes of denominations
` 100, ` 50 and ` 10, respectively. The ratio of the number of these
notes is 2:3:5. The total cash with Lakshmi is ` 4,00,000. How many
notes of each denomination does she have?Lakshmi is a cashier in a bank. She has currency notes of denominations
` 100, ` 50 and ` 10, respectively. The ratio of the number of these
notes is 2:3:5. The total cash with Lakshmi is ` 5,00,000. How many
notes of each denomination does she have?
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Answer:
Step-by-step explanation:the ratio of the notes is : 2 : 3 : 5
Let her have 2 * N number of Rs 100 notes, 3 * N number of Rs 50 notes, and 5 * N number of Rs 10 notes respectively.
Then the total value of the currency notes will be:
2 N * Rs 100 + 3 N * Rs 50 + 5 N * Rs 10 = Rs 4, 00, 000
=> 200 N + 150 N + 50 N = Rs 4, 00, 000
=> 400 N = Rs 4, 00, 000
=> N = 1, 000
Hence, There are 2N = 2,000 notes of Rs 100 , 3N = 3,000 notes of Rs 50 and finally , 5 N = 5, 000 notes of Rs 10..
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