Math Problem Statement

A coin bank contains only nickels and dimes. The total value of the coins in the bank is $2.75. If the nickels were dimes and the dimes were nickels, the total value of the coins would be $3.55. Find the number of nickels in the bank.  nickels

Solution

Let’s break down this problem step-by-step.


Step 1: Set up variables

Let:

  • nn = number of nickels
  • dd = number of dimes

Each nickel is worth 5 cents, and each dime is worth 10 cents.


Step 2: Create equations for the values

The total value of the coins is $2.75, which is 275 cents.

5n + 10d = 275 \tag{1}

If the nickels were dimes and the dimes were nickels, the total value would be $3.55, or 355 cents.

10n + 5d = 355 \tag{2}


Step 3: Solve the system of equations

We have two equations:

  1. 5n+10d=2755n + 10d = 275
  2. 10n+5d=35510n + 5d = 355

Step 3.1: Simplify both equations

Divide both sides of Equation (1) by 5:

n + 2d = 55 \tag{3}

Divide both sides of Equation (2) by 5:

2n + d = 71 \tag{4}

Step 3.2: Solve Equation (3) for nn

From Equation (3):

n = 55 - 2d \tag{5}

Step 3.3: Substitute Equation (5) into Equation (4)

Substitute n=552dn = 55 - 2d into Equation (4):

2(552d)+d=712(55 - 2d) + d = 71

Simplify:

1104d+d=71110 - 4d + d = 71

1103d=71110 - 3d = 71

3d=71110-3d = 71 - 110

3d=39-3d = -39

d=13d = 13

Step 3.4: Find nn

Now that we know d=13d = 13, substitute it into Equation (5):

n=552(13)=5526=29n = 55 - 2(13) = 55 - 26 = 29


Step 4: Solution

The number of nickels in the bank is:

29\boxed{29}


Step 5: Verification

  • Original configuration: 2929 nickels and 1313 dimes.

    • Value: 5(29)+10(13)=145+130=2755(29) + 10(13) = 145 + 130 = 275 cents (Correct).
  • Swapped configuration: 1313 nickels and 2929 dimes.

    • Value: 5(13)+10(29)=65+290=3555(13) + 10(29) = 65 + 290 = 355 cents (Correct).

Thus, the solution is correct: 29 nickels.


Would you like a deeper breakdown of any step?

Here are five follow-up questions for further practice:

  1. How many dimes are in the bank?
  2. What would the total value be if there were 50 nickels and 5 dimes?
  3. How would the solution change if the total value was $3.00 instead of $2.75?
  4. How can systems of equations help in other coin problems?
  5. What is the role of substitution in solving systems of equations?

Tip: When solving word problems with coins, focus on creating clear equations based on the coin values and quantities!

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Math Problem Analysis

Mathematical Concepts

Algebra
Systems of Equations
Word Problems

Formulas

5n + 10d = 275 (Total value in original configuration)
10n + 5d = 355 (Total value if nickels and dimes were swapped)

Theorems

Substitution method for solving systems of linear equations

Suitable Grade Level

Grades 8-10