Hello, i am having problems setting up this problem that consists of coins.
1. The amount of money in a bag is $7.70. There are 62 coins consisting of nickels, dimes, and quarters. If there are three times as many dimes as nickels, how many coins of each are there?
Let number of nickels, and quarters, be N, and Q, respectively
Since there are 3 times as many dimes as nickels, then: D = 3N
N + 3N + Q = 62 ------- Equation expressing the number of coins
4N + Q = 62 ------- eq (i)
.05N + .1(3N) + .25Q = 7.7 ----- Equation expressing the value of all the coins
.05N + .3N + .25Q = 7.7
.35N + .25Q = 7.7 -------- eq (ii)
You now have 2 equations (i & ii) that you can solve. My choice would be either:
1) to solve equation (i) for Q, and substitute that value for Q in eq (ii), or
2) to apply the elimination method of solving simultaneous equations
Either way, the value derived for N: the number of nickels, MUST BE an INTEGER,
and so MUST the value for Q: the number of quarters.
Then do a check!!
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