Sam, Max and Rey had the same number of notes. Sam and Max had a mix of $100-notes and $5-notes. Sam had 6 $100-notes while Max had 12 $100-notes. Rey only had $100-notes.
- Who had the least amount of money?
- How much more did Max have than Sam?
- Max used all his $5-notes to buy a wallet. He then had $3300 less than Rey. How many $100-notes did Rey have?
(a)
The three boys had the same number of notes.
$100-notes have a higher denomination than $5-notes.
Since Sam had the least number of $100-notes, he had the least money.
(b)
Number of more $100-notes that Max had than Sam
= 12 - 6
= 6
Difference in the value of $100-note and $5-note
= 100 - 5
= $95
Amount that Max had more than Sam
= 6 x 95
= $570
(c)
Value of $100-notes that Max had left
= 12 x 100
= $1200
Total value that Rey had
= 1200 + 3300
= $4500
Number of $100-notes that Rey had
= 4500 ÷ 100
= 45
Answer(s): (a) Sam; (b) $570; (c) 45
