Pawan is a cashier in a bank. He has currency notes of denominations 1000, 500 and 100 respectively. The ratio of the number of these notes is 2:3:5. If the total cash with Pawan is ₹5,00,000, then how many notes of ₹1000 denomination does he have?
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Step-by-step explanation:
Hey mate
Here's your answer:
Considering the ratios will all the denominations as x, we get the ratio (1000 × 2)x: (500× 3)x: 100 × 5)x.
Total money withdrawn by Pawan: 5,00,000
So, 2000x + 1500x + 500x = 500000
=>4000x = 500000
=>x = 125.
Total money collected in 1000 denominations =
2000x = 2000 × 125
= 2,50,000.
So the total no. of denominations = 2,50,000/1000
= 250 denominations.
Hope it helps you
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