A collection of 120 coins worth of $5.52 consists of pennies, nickels, dimes and quarters. There are 8 more nickels than dimes and three times as many pennies as nickels. How many of each type of coin are there?
What I've tried:
x+y+z+w=120
1x+5y+10z+25w=552
y=z+8
x=3y
3y+z+8+z+w=120 1(3y)+5(z+8)+10z+25w=552
3y+2z+w=112 3y+5z+40+10z+25w=552
3y+5z+10z+25w=512
3y+15z+25w=512
(-36y-24z-12w)=-1344
3y+15z+25w=512
(-33y-9z+13w)=-832
Due to the fact that it's extremely messy, at times confusing, and doesn't guarantee correct answers,
it's best to avoid creating too many equations with too many variables. Thus, the easiest and best
strategy is to break this down so you only have 2 variables, as follows:
Let number of nickels be N
Then number of dimes is: N - 8, and number of pennies is: 3N
Let number of quarters, be Q
N + N - 8 + 3N + Q = 120 ------ Equation denoting number of each denomination
5N - 8 + Q = 120
5N + Q = 128 ------- eq (i)
.05N + .1(N - 8) + .01(3N) + .25(Q) = 5.52 ------ Equation denoting value of each denomination
.05N + .1N - .8 + .03N + .25Q = 5.52
.18N - .8 + .25Q = 5.52
.18N + .25Q = 6.32 ------- eq (ii)
5N + Q = 128 -------- eq (i)
.18N + .25Q = 6.32 ------- eq (ii)
- 1.25N - .25Q = - 32 ------- Multiplying eq (i) by - .25 ------ eq (iii)
- 1.07N = - 25.68 --- Adding eqs (iii) & (ii)
N, or number of nickels = =
5(24) + Q = 128 ------- Substituting 24 for N in eq (i)
120 + Q = 128
Q, or number of quarters = 128 120, or
Number of dimes: 24 8, or
Number of pennies: 3(24), or
You can do the check!!
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