Maths question
Posted: Fri Dec 12, 2008 7:43 pm
Please can someone help with this problem question
The money in Tim's wallet consists entirely of 2p and 5p coins. Sam asked him if he could change a £1 coin, but he was not able to do it exactly. What is the greatest amount of money that Tim could have in his wallet?
DD insists it is £1.04. Answer in booklet is £1.03.
DD's explanation:
99p is where she stopped using 2p and 5 p coins. But since the question asked for greatest amount, DD added another 5p coin to make £1.04.
DD said that this way, even though Tim has £1.04, he still cannot give Sam change of £1 exactly, but can only manage 99p, with the extra 5p coin hindering his (Tim's) objective of wanting to give Sam the exact change.
I am completely lost myself, as I had thought the answer was 99p.
The money in Tim's wallet consists entirely of 2p and 5p coins. Sam asked him if he could change a £1 coin, but he was not able to do it exactly. What is the greatest amount of money that Tim could have in his wallet?
DD insists it is £1.04. Answer in booklet is £1.03.
DD's explanation:
99p is where she stopped using 2p and 5 p coins. But since the question asked for greatest amount, DD added another 5p coin to make £1.04.
DD said that this way, even though Tim has £1.04, he still cannot give Sam change of £1 exactly, but can only manage 99p, with the extra 5p coin hindering his (Tim's) objective of wanting to give Sam the exact change.
I am completely lost myself, as I had thought the answer was 99p.