SOLUTION: Katherine has 60 coins in her bank. They are all dimes and nickels. She has four times as many dimes as nickels. How much money does she have in her bank?

Question 77204: Katherine has 60 coins in her bank. They are all dimes and nickels. She has four times as many dimes as nickels. How much money does she have in her bank?
Answer by ptaylor(2198) (Show Source): You can put this solution on YOUR website!
Let x=number of nickels
then 4x=number of dimes
Now we are told that:
x+4x=60 or
5x=60
x=12----------------------number of nickels
4x=4*12=48--------------------number of dimes
Now 12*5 cents +48*10 cents =amount of money that she has
60 cents + 480 cents =540 cents or $5.40-------------ans

Hope this helps---ptaylor
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