In a wallet, there are notes of the denominations Rs.10 and Rs.50. The total number of notes is 12. The number of Rs.10 and Rs.50 notes are in the ratio of 1 : 2. Total money in the wallet is:
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e Rs.440.
| Understanding/Application |
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Let the common ratio of notes be x. x + 2x = 12 3x = 12 x = 4 |
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Total Rs.10 notes = x = 4 Total Rs. 50 notes = 2x = 8 Total money = (8 × 50) + (4 × 10) = 400 + 40 = Rs. 440 |