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.
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:
A
Given that the denomination notes of 1000, 500, 100 are in the ratio 2:3:5.
Number of 1000 denomination notes with Pawan = 2x
Therefore, amount = ₹ 2000x
Number of 500 denomination notes with Pawan = 3x
Therefore, amount = ₹ 1500x
Number of 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.
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