SOLUTION: Mark has a total of 21 coins consisting of nickels and quarters. The total value of the coins is $2.45. How many of each type of coin does he have?

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Question 1145239: Mark has a total of 21 coins consisting of nickels and quarters. The total value of the coins is $2.45. How many of each type of coin does he have?

Found 2 solutions by josgarithmetic, greenestamps:
Answer by josgarithmetic(39620)   (Show Source): You can put this solution on YOUR website!
n nickels
q quarters

, accounting for coins

, accounting for $dollars

------------------simplify this and solve.

Answer by greenestamps(13200)   (Show Source): You can put this solution on YOUR website!


If all the coins were nickels, the value would be 21($.05) = $1.05.
The actual total value is $2.45, which is $1.40 more than $1.05.
Trading a quarter for a nickel keeps the total number of coins the same but increases the total by $.25-$.05 = $.20.
To make the correct total of $2.45, the number of nickels that need to be traded for quarters is $1.40/$0.20 = 7

ANSWER: 7 quarters; the rest (14) nickels

CHECK: 7($.25)+14($.05) = $1.75+$.70 = $2.45

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