PSLE Three men, Bo, Rio and Jim had the same number of notes. Rio and Bo each had of mix of $100-notes and $20-notes. Rio had 14 $20-notes while Bo had 20 $20-notes. Jim had only $100-notes.
- Of the three men, who had the least money?
- What was the difference in the total value of Rio and Bo's notes?
- Bo used all his $100-notes to buy a souvenir. Jim then had $2300 more than Bo. How many $100-notes did Jim have?
(a)
The three men had the same number of notes.
$20-notes have a lower denomination than $100-notes.
Bo had more $20-notes than Rio while Jim had only the $100-notes.
Since Bo had the most number of $20-notes, he had the least money.
(b)
Difference in the number of notes of different values
= 20 - 14
= 6
Difference in the value of $100-note and $20-note
= 100 - 20
= $80
Difference in the total value of Rio's and Bo's notes
= 6 x 80
= $480
(c)
Value of $20-notes that Bo had left
= 20 x 20
= $400
Total value that Jim had
= 2300 + 400
= $2700
Number of $100-notes that Jim had
= 2700 ÷ 100
= 27
Answer(s): (a) Bo; (b) $480; (c) 27