Gus, Jed and Roy had the same number of notes. Gus and Jed had a mix of $50-notes and $5-notes. Gus had 2 $50-notes while Jed had 10 $50-notes. Roy only had $50-notes.
- Who had the least amount of money?
- How much more did Jed have than Gus?
- Jed used all his $5-notes to buy a wallet. He then had $1250 less than Roy. How many $50-notes did Roy have?
(a)
The three boys had the same number of notes.
$50-notes have a higher denomination than $5-notes.
Since Gus had the least number of $50-notes, he had the least money.
(b)
Number of more $50-notes that Jed had than Gus
= 10 - 2
= 8
Difference in the value of $50-note and $5-note
= 50 - 5
= $45
Amount that Jed had more than Gus
= 8 x 45
= $360
(c)
Value of $50-notes that Jed had left
= 10 x 50
= $500
Total value that Roy had
= 500 + 1250
= $1750
Number of $50-notes that Roy had
= 1750 ÷ 50
= 35
Answer(s): (a) Gus; (b) $360; (c) 35
