Bunuel
12 Days of Christmas 2024 - 2025 Competition with $40,000 of PrizesWarren has exactly three types of coins in his piggy bank: $0.25, $0.50, and $1. If the number of $0.25 coins is 8, and the number of $0.50 coins is 4, how many $1 coins does he have?
(1) The total value of the $1 coins in the piggy bank is 50% of the total value of all the coins.
(2) The $1 coins make up 25% of the total number of coins in the piggy bank.
Total value of $0.25 coins = $0.25*8 = 2
Total value of $0.5 coins = $0.5*4 = 2
Number of $1 coins = value of $1 coins since $1*No. of $1 coins = No. of $1 coins
1. Let the total value of all coins = x
So x/2 = value of $1 coins
Remaining x/2 = value of $0.25 coins + value of $0.5 coins = 4
Therefore number of $1 coins = 4. Sufficient
2. If $1 coins make up 25% of total number of coins,
$0.25 coins and $0.5 coins are 75% of the total number of coins
therefore 75% of total coins = 8 +4 = 12
25% of all coins will be 4
Therefore number of $1 coins = 4. Sufficient