Ty, Don and Eli had the same number of notes. Ty and Don had a mix of $50-notes and $5-notes. Don had 11 $50-notes while Ty had 19 $50-notes. Eli only had $50-notes.
- Who had the least amount of money?
- How much less did Don have than Ty?
- Ty used all his $5-notes to buy a wallet. He then had $1500 less than Eli. How many $50-notes did Eli have?
(a)
The three boys had the same number of notes.
$50-notes have a higher denomination than $5-notes.
Since Don had the least number of $50-notes, he had the least money.
(b)
Number of less $50-notes that Don had than Ty
= 19 - 11
= 8
Difference in the value of $50-note and $5-note
= 50 - 5
= $45
Amount that Don had less than Ty
= 8 x 45
= $360
(c)
Value of $50-notes that Ty had left
= 19 x 50
= $950
Total value that Eli had
= 950 + 1500
= $2450
Number of $50-notes that Eli had
= 2450 ÷ 50
= 49
Answer(s): (a) Don; (b) $360; (c) 49