I have 20 more nickels than I have dimes. If the sum of money I have is $8.50, how many coins of each type do I have?

1 Answer
Jul 10, 2018

Number of dimes were 5050 and of nickels were 7070.

Explanation:

11 nickel worth 55 cents , 11 dime worth 1010 cents

$1$1 worth 100100 cents :. $8.50=850 cents . Assuming the

number of dimes be x , then number of nickels is x+20 .

In given condition, 10 x +5 (x+20)= 850 or 15 x = 850-100

or 15 x=750 or x = 750/15 or x= 50 :. x+20=70

Therefore, number of dimes were 50 and nickels were 70.[Ans]