Question

rancho has rs. 31000 in the form of rs. 100, rs. 500 and rs. 1000 notes. the ratio of the number of these notes is 7:5:3. what is the amount of rs. 500 notes

Answer 1

Amount of RS.500 notes =12500

Answer 2

Answer:

Rs.10335

Step-by-step explanation:

Given : Rancho has rs. 31000 in the form of rs. 100, rs. 500 and rs. 1000 notes.

To Find : The ratio of the number of these notes is 7:5:3. what is the amount of rs. 500 notes?

Solution:

We are given that The ratio of the number of these notes is 7:5:3.

Let the ratio be x

So,Amount  of Rs.100  notes = 7x

Amount of Rs.500 notes = 5x

Amount  of Rs.1000 notes = 3x

Rancho has rs. 31000

So, $7x+5x+3x=31000$

$15x=31000$

$x=2067$

Amount of Rs.500 notes = 5x = $2067 \times 5 =10335$

Hence the amount of rs. 500 notes is Rs.10335