A bag contains an equal number of 50-paise, 25-paise, 20-paise and 5-paise coins. If the total monetary value of all these coins taken together is ₹55, then how many coins of each type are there?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 55
Let's assume the number of each type of coin in the bag is 'y'.
Here coins are in 'paise'. But the total monetary value is in rupee. So we will convert ₹55
into paise.
1 rupee = 100 paise
55 rupee = 5500 paise
A bag contains an equal number of 50-paise, 25-paise, 20-paise and 5-paise coins. If the total monetary value of all these coins taken together is ₹55.
50y + 25y + 20y + 5y = 5500
100y = 5500
y = 55
So 55 coins of each type are there in the bag.