Adam received a certain monetary amount in bills having only three denominations: $1, $5, and $10. What is the total monetary amount in bills that he received?Let x, y, and z represent the number of $1, $5, and $10 bills, respectively. The goal is to find the value of x + 5y + 10z.
(1) The numbers of $1, $5, and $10 bills Adam received, respectively, are in the ratio 3:5:8.
This implies that x : y : z = 3 : 5 : 8. Therefore, x, y, and z could be 3, 5, 8; 6, 10, 16; and so on. Since multiple values are possible, this information alone is not sufficient.
(2) The ratio of the monetary amount Adam received in $1 bills to the monetary amount he received in $10 bills is 3:80.
This implies that x : 10z = 3 : 80, which simplifies to x : z = 3 : 8. Not sufficient.
(1) + (2) The information given in the second statement is already contained in the first statement (x : z = 3 : 8), so it doesn't add anything new. Since statement (1) alone is not sufficient, combining them doesn't make it sufficient either.
Answer: E.