Gus, Abe and Hal had the same number of notes. Gus and Abe had a mix of $100-notes and $5-notes. Gus had 14 $100-notes while Abe had 19 $100-notes. Hal only had $100-notes.
- Who had the least amount of money?
- How much more did Abe have than Gus?
- Abe used all his $5-notes to buy a wallet. He then had $3100 less than Hal. How many $100-notes did Hal have?
(a)
The three boys had the same number of notes.
$100-notes have a higher denomination than $5-notes.
Since Gus had the least number of $100-notes, he had the least money.
(b)
Number of more $100-notes that Abe had than Gus
= 19 - 14
= 5
Difference in the value of $100-note and $5-note
= 100 - 5
= $95
Amount that Abe had more than Gus
= 5 x 95
= $475
(c)
Value of $100-notes that Abe had left
= 19 x 100
= $1900
Total value that Hal had
= 1900 + 3100
= $5000
Number of $100-notes that Hal had
= 5000 ÷ 100
= 50
Answer(s): (a) Gus; (b) $475; (c) 50
