In a bag there are coins of ₹2, ₹5 and ₹10 denominations. The total number of coins in the bag is 300. If the number of coins of ₹2, ₹5 and ₹10 denominations are in the ratio of 1 : 2 : 3, then what is the total amount of money in the bag?
If the number of coins of ₹2, ₹5 and ₹10 denominations are in the ratio of 1 : 2 : 3.
Let's assume the number of coins of ₹2, ₹5 and ₹10 denominations are y, 2y, and 3y respectively.
The total number of coins in the bag is 300.
y+2y+3y = 300
6y = 300
y = 50
So the number of coins of ₹2, ₹5 and ₹10 denominations are 50, 100 and 150.
Total amount of money in the bag = $$50\times2+100\times5+150\times10$$
= 100+500+1500
= ₹2100
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