SOLUTION: I have twice as many nickels as dimes. I have 12 more nickels than dimes. How much money do I have?

Algebra ->  Customizable Word Problem Solvers  -> Coins -> SOLUTION: I have twice as many nickels as dimes. I have 12 more nickels than dimes. How much money do I have?      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 997808: I have twice as many nickels as dimes.
I have 12 more nickels than dimes.
How much money do I have?
Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
Calling our variables n and d we have
n = 2d and n = 12 + d
Since they are both equal to n, set them equal and get
2d = 12 + d
d = 12
n = 24
so that 12(.10) + 24(.05) = $2.40