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Question - Lakshmi is a cashier in a bank. She has currency notes of denominations Rs. 100, Rs. 50, Rs. 10 respectively. The ratio of the number of notes is 2:3:5. The total cash with Lakshmi is Rs. 4,00,000. How many notes of each denomination does she have?
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The ratio of the notes is : 2 : 3 : 5Let her have 2 * N number of Rs 100 notes, 3 * N number of Rs 50 notes, and 5 * N number of Rs 10 notes respectively.Then the total value of the currency notes will be: 2 N * Rs 100 + 3 N * Rs 50 + 5 N * Rs 10 = Rs 4, 00, 000 => 200 N + 150 N + 50 N = Rs 4, 00, 000 => 400 N = Rs 4, 00, 000 => N = 1, 000 Hence, There are 2N = 2,000 notes of Rs 100 , 3N = 3,000 notes of Rs 50 and finally , 5 N = 5, 000 notes of Rs 10