Maths Olympiad Prep

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Algebra Difficulty 2.8 Junior Find the answer Canada

In a jar, there are 50 coins with a total value of 5.00. The coins are quarters (worth 0.25 each), dimes (worth 0.10each),andnickels(worth0.10 each), and nickels (worth 0.05 each). The number of nickels in the jar is three times the number of quarters. The number of dimes is one more than the number of nickels. How many quarters are in the jar?

Pick one

Solution

Solution 1

The number of dimes in the jar is one more than the number of nickels.

If we remove one dime from the jar, then the number of coins remaining in the jar is 501=4950-1=49, and the value of the coins remaining in the jar is $5.00$0.10=$4.90\$5.00-\$0.10=\$4.90.

Also, the number of dimes remaining in the jar is now equal to the number of nickels remaining in the jar, and the number of nickels remaining in the jar is three times the number of quarters remaining in the jar.

That is, for every 1 quarter remaining in the jar, there are 3 nickels and 3 dimes.

Consider groups consisting of exactly 1 quarter, 3 nickels and 3 dimes.

In each of these groups, there are 7 coins whose total value is $0.25+3×$0.05+3×$0.10=$0.25+$0.15+$0.30=$0.70\$0.25+3\times\$0.05+3\times\$0.10=\$0.25+\$0.15+\$0.30=\$0.70.

Since there are 49 coins having a value of 4.90 remaining in the jar, then there must be 7 such groups of 7 coins remaining in the jar (since 7×7=49$).7\times7=49\$).

(We may check that 7 such groups of coins, with each group having a value of 0.70,hasatotalvalueof0.70, has a total value of 7×$0.70=$4.90$,7\times\$0.70=\$4.90\$, as required.)

Therefore, there are 7 quarters in the jar.

Solution 2

To find the number of quarters in the jar, we need only focus on the total number of coins in the jar, 50, or on the total value of the coins in the jar, $5.00.

In the solution that follows, we consider both the number of coins in the jar as well as the value of the coins in the jar, to demonstrate that each approach leads to the same answer.

We use a trial and error approach.

Suppose that the number of quarters in the jar is 5 (the smallest of the possible answers given).

The value of 5 quarters is 5×255\times25¢ =125=125¢.

Since the number of nickels in the jar is three times the number of quarters, there would be 3×5=153\times5=15 nickels in the jar.

The value of 15 nickels is 15×515\times5¢ =75=75¢.

Since the number of dimes in the jar is one more than the number of nickels, there would be 15+1=1615+1=16 dimes in the jar.

The value of 16 dimes is 16×1016\times10¢ =160=160¢.

If there were 5 quarters in the jar, then the total number of coins in the jar would be 5+15+16=365+15+16=36, and so there must be more than 5 quarters in the jar.

Similarly, if there were 5 quarters in the jar, then the total value of the coins in the jar would be 125125¢ + 75+~75¢ + 160+~160¢ =360=360¢.

Since the value of the coins in the jar is $5.00 or 500¢  then the number of quarters in the jar is greater than 5.

We summarize our next two trials in the table below.

Number of Quarters
Value of Quarters
Number of Nickels
Value of Nickels
Number of Dimes
Value of Dimes
Total Value of Coins

6
150¢
18
90¢
19
190¢
430¢

7
175¢
21
105¢
22
220¢
500¢

When there are 7 quarters in the jar, there are 7+21+22=507+21+22=50 coins in the jar, as required.

When there are 7 quarters in the jar, the value of the coins in the jar is 175175¢ + 105+~105¢ + 220+~220¢ =500=500¢ or $5.00, as required.

In either case, the number of quarters in the jar is 7.

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Source: CEMC, University of Waterloo, licensed CC-BY-NC-4.0. Statement reproduced verbatim; metadata (topic, difficulty) added by this project.