Answer:
The bag contains 7 pennies, 16 dimes, 11 nickels and 16 quarters and a total of $6.22
Step-by-step explanation:
Given
%
%
Nickel = 4 more than pennies
Required
How much money does the bag contain?
We start by calculating the number of pennies
% of total
So,
Also, % of total
The question says there are 4 more nickels than pennies;
This means
Recall that
So,
The question also says that the bag contains quarters;
If total coins is 50, then
Converting each of these to dollars
<em>1 penny = $0.01</em>
7 pennies = 7 * $0.01 = $0.07
<em>1 nickel = $0.05</em>
11 nickels = 11 * $0.05 = $0.55
<em>1 dime = $0.10</em>
16 dimes = $0.10 * 16 = $1.6
<em>1 quarter = $0.25</em>
16 quarters = $0.25 * 16 = $4
Total = $0.07 + $0.55 + $1.6 + $4
Total = $6.22
Hence, the bag contains 7 pennies, 16 dimes, 11 nickels and 16 quarters and a total of $6.22