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a piggy bank contains only quarters and nickels, and there is a total of 60 coins. the total value of coins in the bank is 7.40. How many quarters are in the piggy bank?

 May 24, 2016
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a piggy bank contains only quarters and nickels, and there is a total of 60 coins. the total value of coins in the bank is 7.40. How many quarters are in the piggy bank?

 

Let the number of nickels=N

The number of quarters =60 - N

.05N + .25[60 - N] =7.40

.05N + 15 - .25N =7.40

-.20N =7.4 - 15

-.20N=-7.6 divide both sides by -.20

N =38 number of nickels

60  - 38 =22 number of quarters.

 May 24, 2016

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