SOLUTION: PLEASE HELP!!! Shopkeeper moneypenny needs coins. he wants the same amount of the following coins, i.e he wants to have coins with the value of 1,2,5,10,20,50 cent and 1 euro. H

Algebra ->  Customizable Word Problem Solvers  -> Coins -> SOLUTION: PLEASE HELP!!! Shopkeeper moneypenny needs coins. he wants the same amount of the following coins, i.e he wants to have coins with the value of 1,2,5,10,20,50 cent and 1 euro. H      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 498996: PLEASE HELP!!!
Shopkeeper moneypenny needs coins. he wants the same amount of the following coins, i.e he wants to have coins with the value of 1,2,5,10,20,50 cent and 1 euro.
He wants to change 282 euro into coins. is it possible to have the same amount of the different coins, and if it is, How many coins all together, will he get

Found 2 solutions by Edwin McCravy, ankor@dixie-net.com:
Answer by Edwin McCravy(20060) About Me  (Show Source):
You can put this solution on YOUR website!
 

Let that same amount of coins of each kind be x.

Then

.01x + .02x + .05x + .10x + .20x + .50x + 1.00x = 282.00

                                          1.88x = 282.00

                                              x = %28282.00%29%2F1.88

                                              x = 150

Yes, it is possible to have 150 each of the 7 coins.  
That will be 150×7 or 1050 coins.

Edwin


Answer by ankor@dixie-net.com(22740) About Me  (Show Source):
You can put this solution on YOUR website!
Shopkeeper moneypenny needs coins. he wants the same amount of the following coins, i.e he wants to have coins with the value of 1,2,5,10,20,50 cent and 1 euro.
He wants to change 282 euro into coins.
is it possible to have the same amount of the different coins, and if it is,
How many coins all together, will he get
:
Let's see if it is possible; let n = number of each coin
:
.01n + .02n +.05n + .10n + .20n + .50n + 1n = 282
Add all them n's and we have
1.88n = 282
n = 282%2F1.88
n = 150 coins of each value
:
Their are seven kinds of coins: 7 * 150 = 1050 coins in all
:
Not that hard, right?