Jim, Don and Ben had the same number of notes. Jim and Don had a mix of $100-notes and $5-notes. Jim had 10 $100-notes while Don had 16 $100-notes. Ben only had $100-notes.
- Who had the least amount of money?
- How much more did Don have than Jim?
- Don used all his $5-notes to buy a wallet. He then had $3400 less than Ben. How many $100-notes did Ben have?
(a)
The three boys had the same number of notes.
$100-notes have a higher denomination than $5-notes.
Since Jim had the least number of $100-notes, he had the least money.
(b)
Number of more $100-notes that Don had than Jim
= 16 - 10
= 6
Difference in the value of $100-note and $5-note
= 100 - 5
= $95
Amount that Don had more than Jim
= 6 x 95
= $570
(c)
Value of $100-notes that Don had left
= 16 x 100
= $1600
Total value that Ben had
= 1600 + 3400
= $5000
Number of $100-notes that Ben had
= 5000 ÷ 100
= 50
Answer(s): (a) Jim; (b) $570; (c) 50
