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In a bag there are coins of Rs5, Rs10 and Rs20 denominations. The total number of coins in the bag is 240. If the number of coins
of Rs5, Rs10 and Rs20 denominations are in the ratio of 2 : 3 : 5, then what is the total amount of money in the bag?
Rs3,540
Rs4,600
Rs4,620
Rs3,360
- Let's start by using the given ratio of coins: Rs5, Rs10, and Rs20 are in the ratio of 2:3:5.
- Let the number of Rs5 coins be 2x, Rs10 coins be 3x, and Rs20 coins be 5x.
- Since there are 240 coins in total, set up the equation: 2x + 3x + 5x = 240.
- This simplifies to 10x = 240, which means x = 24.
- Therefore, the number of Rs5 coins is 48 (2x), Rs10 coins is 72 (3x), and Rs20 coins is 120 (5x).
- Calculate the total money: Rs5 coins contribute Rs240, Rs10 coins contribute Rs720, and Rs20 coins contribute Rs2,400.
- Add these amounts for the total: Rs240 + Rs720 + Rs2,400 = Rs3,360.
Option 4 - Rs3,360
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