SOLUTION: How do I set this up? I have 40% more pennies than nickels. The total value of the coins is $2.56. How many nickels do I have?

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Question 673702: How do I set this up? I have 40% more pennies than nickels. The total value of the coins is $2.56. How many nickels do I have?
Answer by ankor@dixie-net.com(22740) About Me  (Show Source):
You can put this solution on YOUR website!
I have 40% more pennies than nickels.
The total value of the coins is $2.56.
How many nickels do I have?
:
Let p = no. of pennies
let n = 1number of nickels
:
write an equation for each statement:
:
"I have 40% more pennies than nickels.:
p = 1.4n
:
" The total value of the coins is $2.56.:
.01p + .05n = 2.56
:
Substitute 1.4n for p, and find n