Question
Pawan is a cashier in a bank. He has currency notes of denominations 1000, 500 and 100 respectively. The ratio of the number of these notes is 2:3:5. If the total cash with Pawan is ₹5,00,000, then how many notes of ₹1000 denomination does he have?
Answer: Option A
:
A
Given that the denomination notes of 1000, 500, 100 are in the ratio 2:3:5.
Numberof 1000 denomination notes with Pawan= 2x
Therefore, amount = ₹2000x
Numberof 500 denomination notes with Pawan= 3x
Therefore, amount = ₹1500x
Numberof 100 denomination notes with Pawan = 5x
Therefore, amount = ₹500x
Total amount = ₹5,00,000 (Given)
2000x+1500x+500x=₹5,00,000
4000x=5,00,000
x=5,00,0004,000=125
Therefore, number of 1000 denomination notes = 2x=2×125
= 250 notes.
Was this answer helpful ?
:
A
Given that the denomination notes of 1000, 500, 100 are in the ratio 2:3:5.
Numberof 1000 denomination notes with Pawan= 2x
Therefore, amount = ₹2000x
Numberof 500 denomination notes with Pawan= 3x
Therefore, amount = ₹1500x
Numberof 100 denomination notes with Pawan = 5x
Therefore, amount = ₹500x
Total amount = ₹5,00,000 (Given)
2000x+1500x+500x=₹5,00,000
4000x=5,00,000
x=5,00,0004,000=125
Therefore, number of 1000 denomination notes = 2x=2×125
= 250 notes.
Was this answer helpful ?
Submit Solution