Twelve coins consisting of nickels, dimes, and quarters is worth $1.20. The number of dimes is two more than twice the number of nickels. How many nickels are there?
thank you for your help. even just a set up of the problem and i can solve it. been working on it for a couple hours and im going crazy now!
Let number of nickels be N, and number of quarters, Q
Then number of dimes = 2N + 2
We then get the following coin-count equation: N + 2N + 2 + Q = 12
3N + Q = 10________Q = 10 - 3N --------- eq (i)
We then get the following value equation: .05N + .1(2N + 2) + .25Q = 1.2
.05N + .2N + .2 + .25Q = 1.2________.25N + .25Q = 1 ----- eq (ii)
.25N + .25(10 - 3N) = 1 ------- Substituting 10 - 3N for Q in eq (ii)
.25N + 2.5 - .75N = 1
.25N - .75N = 1 - 2.5
- .5N = - 1.5
N, or number of nickels = , or