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Word Problems in 1 Variable

Part 3 (Money)

Online Tutorial Series


July 2014
Definitions
• Total Value = Sum of (Value * Number of
Pieces)

• Examples: P5(12pcs), P10(8pcs), P1(10pcs)

• Total Value = 5(12) + 10(8) + 1(10)


= 60+80+10 = P150
Sample Problem
1. I have a mix of 1, 5 and 10 peso coins. If there
are as many 5 peso coins as many 10 peso coins.
And twice as many 1 peso coins as 5 peso coins.
And all in all my money sums to P170. How
many of each do I have?
Solution
R: x, number of 5 peso coins
x, number of 10 peso coins
2x, number of 1 peso coin
E: 5(x) + 10(x) + 1(2x) = 170
S: 5x + 10x + 2x = 170
17x = 170
17x/17 = 170/17
x = 10, 2x = 20
Solution
I: there are 10 pcs of both 5 and 10 peso coins,
and 20pcs of 1 peso coin.
Sample Problem
2. I have equal number of 20 and 50 peso bills,
and some 100 peso bills. If all in all I have P1200
pesos and 25 pcs of bills, how many of each do I
have?
Solution
R: x, number of 20 peso bill
x, number of 50 peso bill
25-2x(sum of the two previous number of bills),
number of 100 peso bills
E: 20(x)+50(x)+100(25-2x)=1200
S: 20x+50x+2500-200x=1200
2500-130x = 1200
1300 = 130x
Solution
(continued)
130x = 1300
x = 10
I: There are 10 pcs of 20 peso bill, 10 pcs of 50
peso bill and 5 pcs of 100 peso bill.
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