A collection contains ₹20, ₹10, ₹5, ₹2, and ₹1 coins, with the same number of…
2024
A collection contains ₹20, ₹10, ₹5, ₹2, and ₹1 coins, with the same number of coins of each denomination. If the total value is ₹570, how many ₹1 coins are there?
Answer: C. 15 — ConceptWhen equal numbers of coins are taken from several denominations, one complete set contains one coin of each denomination. The value of one complete…
- A.
10
- B.
12
- C.
15
- D.
18
Show answer & explanation
Correct answer: C
Concept
When equal numbers of coins are taken from several denominations, one complete set contains one coin of each denomination. The value of one complete set is the sum of the denomination values.
If there are n coins of every denomination, then total value = n × (sum of denominations). Hence n is found by dividing the collection value by the value of one complete set.
Application
Let n be the number of coins of each denomination.
The value of one complete set is ₹20 + ₹10 + ₹5 + ₹2 + ₹1 = ₹38.
Since there are n such sets, the total value is ₹38n.
Using the given total, ₹38n = ₹570.
Dividing both sides by ₹38 gives n = 570 ÷ 38 = 15.
Cross-check
A denomination-wise recomputation gives 15 × ₹20 + 15 × ₹10 + 15 × ₹5 + 15 × ₹2 + 15 × ₹1 = ₹300 + ₹150 + ₹75 + ₹30 + ₹15 = ₹570.
Therefore, the number of ₹1 coins is 15.