There are 7 five dollar bills and 32 nickel coins.
Step-by-step explanation:
Given,
Total coins = 39
Worth of coins = $36.60
Nickel = 5 cents = 5/100 = $0.05
Let,
x be the number of nickels
y be the number of five dollar bills
According to given statement;
x+y=39 Eqn 1
0.05x+5y=36.60 Eqn 2
Multiplying Eqn 1 by 5
[tex]5(x+y=39)\\5x+5y=195\ \ \ Eqn\ 3[/tex]
Subtracting Eqn 2 from Eqn 3
[tex](5x+5y)-(0.05x+5y)=195-36.60\\5x+5y-0.05x-5y=158.40\\4.95x=158.40\\[/tex]
Dividing both sides by 4.95
[tex]\frac{4.95x}{4.95}=\frac{158.40}{4.95}\\x=32[/tex]
Putting x=32 in Eqn 1
[tex]32+y=39\\y=39-32\\y=7[/tex]
There are 7 five dollar bills and 32 nickel coins.
Keywords: linear equation, elimination method
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