Gus, Max and Don had the same number of notes. Gus and Max had a mix of $50-notes and $5-notes. Max had 5 $50-notes while Gus had 13 $50-notes. Don only had $50-notes.
- Who had the least amount of money?
- How much less did Max have than Gus?
- Gus used all his $5-notes to buy a wallet. He then had $1000 less than Don. How many $50-notes did Don have?
(a)
The three boys had the same number of notes.
$50-notes have a higher denomination than $5-notes.
Since Max had the least number of $50-notes, he had the least money.
(b)
Number of less $50-notes that Max had than Gus
= 13 - 5
= 8
Difference in the value of $50-note and $5-note
= 50 - 5
= $45
Amount that Max had less than Gus
= 8 x 45
= $360
(c)
Value of $50-notes that Gus had left
= 13 x 50
= $650
Total value that Don had
= 650 + 1000
= $1650
Number of $50-notes that Don had
= 1650 ÷ 50
= 33
Answer(s): (a) Max; (b) $360; (c) 33
