Lakshmi is a cashier in a bank. She has currency notes of denominations ₹ 100, ₹ 50 and ₹ 10, respectively. The ratio 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?
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- Lakshmi is a cashier in a bank. She has currency notes of denominations ₹ 100, ₹ 50 and ₹ 10, respectively. The ratio 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?
- Let Lakshmi has notes of ₹ 100 , ₹ 50 and ₹ 10 as 2x , 3x and 5x respectively.
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- No. of ₹ 100 notes = 2x
- Total value = ₹ 100 × 2x
- ₹ 200x
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- No. of ₹ 50 notes = 3x
- Total value = ₹ 50 × 3x
- ₹ 150x
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- No. of ₹ 10 notes = 5x
- Total value = 10 × 5x
- 50x
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Let the number of notes of different denomination be x.
∴ Numbers of Rs100 notes, 50 notes and Rs10 notes will be 2x,3x and 5x respectively.
Amount of 100 Rs notes ⇒Rs100×2x=200x
Amount of 50 Rs notes ⇒Rs50×3x=150x
Amount of 10 Rs notes ⇒Rs10×5x=50x
As per the question
Total amount =400000
200x+150x+50x=400000
400x=400000,x=1000
No of Rs 100 notes =2x=2×1000=2000
No of Rs 50 notes =3x=3×1000=3000
No of Rs 10 notes =5x=5×1000=5000
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