When opening the kitty Yosief counted 700 coins from 1€ (one euro) and 2€. Knowing that the ratio of the 1€ coin to the 2€ coin is 3:23:2, how many coins of 2€ does Yosief need to add to the kitty so he can have six 200 € banknotes (6 paper notes of 200)?

1 Answer
Apr 22, 2016

He needs to add to his kitty by €220

Explanation:

Let Yosief have 3x coins of 1€ and 2x coins of 2€. As their total number is 700, we have

3x+2x=700 or 5x=700 or x=700/5=140

Hence, Yosief has 3xx140=420 coins of 1€ and 2xx140=280 coins of 2€.

Hence their total vale is

420+280xx2=420+560=980€

Yosief needs to add more to kitty to have 6 banknotes of €200, whose value will be €200xx6=€1200.

Hence he needs to add to his kitty by €1200-€980=€220.