Carcass wrote:
A certain purse contains 30 coins, Each coin is either a nickel or a quarter. If the total value of all coins in the purse is $4.70, how many nickels does the purse contain?
A. 12
B. 14
C. 16
D. 20
E. 22
(Note: a nickel is worth $0.05, and a quarter is worth $0.25)
Kudos for the right answer and explanation
Question part of the project GRE Quantitative Reasoning Daily Challenge - (2021) EDITIONGRE - Math BookASIDE: Each nickel is worth 5 cents ($0.05) and each quarter is worth 25 cents ($0.25)
Let n = the number of nickels in the purse
This means (30-n) = the number of quarters in the purse (since there is a total of 30 COINS)
Since each nickel is worth 5 cents, we know that n nickels is worth 5n CENTS
Likewise, since each quarter is worth 25 cents, we know that (30-n) quarters is worth 25(30-n) CENTS
The total value of all coins in the purse is $ 4.70We can also say that the TOTAL value is 470 CENTS
So, we can write: (value of all nickels) + (value of all quarters) = 470 CENTS
Or: 5n + 25(30-n) = 470
Expand: 5n + 750 - 25n = 470
Simplify: -20n + 750 = 470
Subtract 750 from both sides: -20n = -280
Solve: n = 14
Answer: B
Cheers,
Brent