SOLUTION: Jake is collecting money from ticket sales. He has some $5 bills and some $10 bills in the cash box. There are twice as many $5 bills as $10 bills, and the total value of the bills

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Question 393440: Jake is collecting money from ticket sales. He has some $5 bills and some $10 bills in the cash box. There are twice as many $5 bills as $10 bills, and the total value of the bills is $240! How many of each type of bill are there?
Answer by edjones(8007) About Me  (Show Source):
You can put this solution on YOUR website!
Since there are twice as many $5 bills as $10 bill and the 5's are woth 1/2 as much then the stack of 5's is equal in value to the stack of 10's.
240/2=120
120/5=24 five dollar bills
120/10=12 ten dollar bills
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Ed