Shankar has an amount of rs.7000 in the denominations of rs.500 and rs.100. How many rs.500 notes does he have, if he has a total of 22 notes with him ? Select one:
a. 12
b. 11
c. 16
d. 10
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Answer:
Let Notes of Rs 500be x
100 rupee notes=22-x
500x +(22-x) 100 = 7000
500x +2200 -100x=7000
400x=4800
x = 12
22-x=10
500 rupee notes=12 Nos
100 rupee notes=10nos
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