2021 JMPSC Problems/Problem 2
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Problem
Brady has an unlimited supply of quarters (0.10), nickels (
0.01). What is the least number (quantity, not type) of coins Brady can use to pay off
?
Solution
To minimize the number of coins, we need to maximize the amount of high-valued coins we use. 11 quarters are worth , which is the most quarters we can use to get a value less than or equal to
. Finally, we can add 3 pennies to get a total of
, so the answer is
.