Question 650952: The total value of the $1 bills and $5 bills in a cash box is $124. There are 8 more $5 bills than $1 bills. How many of each are there? Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! The total value of the $1 bills and $5 bills in a cash box is $124. There are 8 more $5 bills than $1 bills. How many of each are there?
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Value Equation: O + 5F = 124 dollars
Quantity Equation: F = O + 8
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Substitute for "F" and solve for "O":
O + 5(O+8) = 124
O + 5O + 40 = 124
6O = 84
O = 14 (# of $1 bills)
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Solve for "F":
F = O + 8
F = 14+8 = 22 (# of $5 bills)
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Cheers,
Stan H.
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