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Wei Xiang has been saving part of his allowance in a bag every month. The bag containing $2 and $10 notes had a total value of $1284. 8 pieces of $10 notes were exchanged for $2 notes of the same value. In the end, the number of $10 notes was the same as the $2 notes. How many $2 notes were there at first?

 Feb 21, 2016
 #1
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Let t be initial number of $2 notes and n be initial number of $10 notes.

 

2t + 10n = 1284       (1)

 

8 pieces of $10 notes are equivalent to 40 pieces of $2 notes, so:

 

t+40 = n - 8             (2)

 

Rearramge (2) to get:   n = t + 48.  Put this into (1):

 

2t +10(t + 48) = 1284

 

12t + 480 = 1284

 

12t = 804

 

t = 804/12   or  t = 67

 

So there were 67 $2 notes initially.

.

 Feb 21, 2016

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