RE: Math mini-contest problem for Day 5 on D.Buzz for March 2021 😎

Answer for Day 5 Math Problem

30 pieces 🎯

Solution

The problem is under money problems (more appropriately called money denomination problems) in elementary algebra.

Since the quantity of ₱500 bills does not depend on the quantity of other bills in the given problem, we will represent it using a variable x.

DenominationQuantityTotal
₱500x500x
₱508x400x
₱2008x - 501600x - 10000

We will add the totals of each denomination in terms of x such that they have a total of 15,000.

500x + 400x + 1600x - 10000 = 15000
2500x = 25000
x = 10

Substituting 10 to x in (8x - 50) which is the quantity of ₱200 bills, @chrisrice has 30 pieces of ₱200 bills. He also has 10 pieces of ₱500 bills and 80 pieces of ₱50 bills.

Winner: @jfang003 🏅

1 HIVE has been sent to @jfang003's Hive account. 💰

Mentions: @holovision, @minus-pi, @dkmathstats, and @paultactico2 🤓
Special mentions: @dbuzz, @chrisrice, @jancharlest, and @mehmetfix 🤯

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