SOLUTION: Kevin and randy muise have a jar containing 55 coins, all of which are either quarters or nickles. The total value of the coins in the jar is $10.15. How many of each type of coin
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Question 974381: Kevin and randy muise have a jar containing 55 coins, all of which are either quarters or nickles. The total value of the coins in the jar is $10.15. How many of each type of coin do they have? Answer by Edwin McCravy(20056) (Show Source):
Let the number of quarters be x
Then the number of nickels, using
ONE PART = TOTAL MINUS OTHER PART,
is 55-x.
Value Value
Type Number of of
of of EACH ALL
coin coins coin coins
-------------------------------------------
quarters x $0.25 $0.25x
nickels 55-x $0.05 $0.05(55-x)
-------------------------------------------
TOTALS 55 ----- $10.15
The equation comes from the column on the right
0.25x + 0.05(55-x) = 10.15
Get rid of decimals by multiplying every term by 100:
25x + 5(55-x) = 1015
25x + 275 - 5x = 1015
20x + 275 = 1015
20x = 740
x = 37 = the number of quarters.
The number of nickels is 55-x or 55-37 or 18 nickels.
Checking: 37 quarters is $9.25 and 18 nickels is $0.90
That's 55 coins.
And indeed $9.25 + $0.90 = $10.15
Edwin