SOLUTION: Vito made a deposit of $196 into his checking account. If this deposit had 60 bills, some being one dollar bills and the rest being five-dollars bills, how many of each bill did he

Algebra ->  Customizable Word Problem Solvers  -> Coins -> SOLUTION: Vito made a deposit of $196 into his checking account. If this deposit had 60 bills, some being one dollar bills and the rest being five-dollars bills, how many of each bill did he      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 1072512: Vito made a deposit of $196 into his checking account. If this deposit had 60 bills, some being one dollar bills and the rest being five-dollars bills, how many of each bill did he deposit?
Answer by CubeyThePenguin(3113) About Me  (Show Source):
You can put this solution on YOUR website!
x = number of $1 bills
y = number of $5 bills

x + y = 60
x + 5y = 196

Subtract the two equations to get

x + y = 60
-x - 5y = -196
-----------------
-4y = -136
y = 34

There were 26 $1 bills and 34 $5 bills.