A change purse contains an equal number of pennies, nickels, and dimes. The total value of the coins is $2.40. How many coins of each does the purse have?

1 Answer
Jul 23, 2017

There are 15 coins of each denomination.

Explanation:

Each penny is one cent, each nickel is 5 cents and each dime is 10 cents

Let there be k number of each and therefore their value is

10k+5k+k=240

16k=240

k=240/16=15

Hence, there are 15 coins of each denomination.