Ike, Eli and Bo had the same number of notes. Ike and Eli had a mix of $100-notes and $50-notes. Eli had 14 $100-notes while Ike had 17 $100-notes. Bo only had $100-notes.

1. Who had the least amount of money?
2. How much less did Eli have than Ike?
3. Ike used all his $50-notes to buy a wallet. He then had $1800 less than Bo. How many $100-notes did Bo have?

(a)
The three boys had the same number of notes.
$100-notes have a higher denomination than $50-notes.

Since Eli had the least number of $100-notes, he had the least money.

(b)
Number of less $100-notes that Eli had than Ike
= 17 - 14
= 3

Difference in the value of $100-note and $50-note
= 100 - 50
= $50

Amount that Eli had less than Ike
= 3 x 50
= $150

(c)
Value of $100-notes that Ike had left
= 17 x 100
= $1700

Total value that Bo had
= 1700 + 1800
= $3500

Number of $100-notes that Bo had
= 3500 ÷ 100
= 35

Answer(s): (a) Eli; (b) $150; (c) 35