100 notes were altogether
Solution:
Given that ratio of the number of $2 notes to the number of $5 notes was 4 : 1
number of $2 notes : number of $5 notes = 4 : 1
Let 4x be the number of $ 2 notes
Let 1x be the number of $ 5 notes
Given that total value of notes is $ 260
Therefore,
$ 2 (number of $ 2 notes ) + $ 5(number of $ 5 notes ) = $ 260
$ 2(4x) + $ 5(1x) = $ 260
8x + 5x = 260
13x = 260
x = 20
Thus number of notes altogether is given as:
4x + 1x = 4(20) + 1(20) = 80 + 20 = 100
Thus 100 notes were altogether
