SOLUTION: A lady went to bank with Rs.100,000. She asked the cashier to give her Rs. 500 and Rs.1000 currency notes in return. She got 175 currency notes in all. Find the number of each kinf

Question 1002117: A lady went to bank with Rs.100,000. She asked the cashier to give her Rs. 500 and Rs.1000 currency notes in return. She got 175 currency notes in all. Find the number of each kinf of currency notes with her.
Answer by Cromlix(4381) (Show Source): You can put this solution on YOUR website!
Hi there,
Set up two equations
x + y = 175........(1)
500x + 1000y = 100,000......(2)
Multiply Equation (1) by 500
500x + 500y = 87,500.......(1)
500x + 1000y = 100,000......(2)
Subtract Equation (1) from (2)
......500y = 12,500
.........y = 25
Substitute y = 25 in Equation (1)
x + y = 175........(1)
x + 25 = 175
x = 175 - 25
x = 150
The lady was given:-
150 x Rs500 notes
25 x Rs1000 notes
Hope this helps :-)
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