SOLUTION: Marysia has saved ​$48.75 in nickels and loonies. If she has 3 nickels fewer than three dash eighths the number of loonies​, how many coins of each type does Marysia​ have?

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Question 1137966: Marysia has saved ​$48.75 in nickels and loonies. If she has 3 nickels fewer than three dash eighths the number of loonies​, how many coins of each type does Marysia​ have?
Found 2 solutions by josmiceli, ikleyn:
Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!
Let = the number of nickels
Let = the number of loonies
----------------------------------------
(1)
The value of a loonie is:

(2) is the value of loonies
------------------------------------------------------------
(1)
(1)
and
(2) is the value of loonies
---------------------------------------------------------------------------





Solve with quadratic formula to find number of nickels
Then find number of loonies
There could be an easier way to do this. Get a 2nd opinion
and check my math.

Answer by ikleyn(52788)   (Show Source): You can put this solution on YOUR website!
.
It is clear from the condition, that the number of loonies must be multiple of 8: 8, or 16, or 24 and so on.


So, I will easily solve the problem by "trial and error" method.



    T       A       B       L       E  



Loonies, L   Nickels N =        N =  
-------------------------------------------------------------------

   8	        815                         0                             
  16     	655	                    3                             
  24     	495	                    6                             
  32     	335	                    9
  40     	175	                   12
  48     	15	                   15    <<<---===  ANSWER
  56           -145	                   18
  64           -305	                   21


ANSWER.  48 loonies and 15 nickels.


Or, using equations

    L +  = 48.75


    8L + 0.05*(3L -24) = 48.75*8

    8.15L = 48.75*8 + 0.05*24

    L =  = 48.


The same answer.


Solved.



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