## A customer/member owes \$10.51 and pays \$50.00 in cash. The change due is \$39.49. Provide the amount owed using the smallest number of bills

Question

A customer/member owes \$10.51 and pays \$50.00 in cash. The change due is \$39.49. Provide the amount owed using the smallest number of bills and coins possible.

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2 weeks 2021-09-09T13:28:23+00:00 1 Answer 0

## Answers ( )

1. The number is 14 bill or coins

Step-by-step explanation:

The method to use the smallest number of bills and coins possible is to utilize the largest denominations possible.

The balance is \$39.49

\$39.49

-\$20.00 ————-a \$20 bill is the largest bill not larger than the total (\$39.49)

————-

\$19.49

-\$10.00–a \$10 bill is the largest bill not larger than the remaining (\$19.49)

———-

\$9.49

-\$5.00——a \$5 bill is the largest bill not larger than the remaining (\$9.45)

———-

\$4.49

-\$1.00——-a \$1 bill is the largest bill not larger than the remaining (\$4.49)

———

\$3.49

-\$1.00——-a \$1 bill is the largest bill not larger than the remaining (\$3.49)

———-

\$2.49

-\$1.00——a \$1 bill is the largest bill not larger than the remaining (\$2.49)

———-

\$1.49

-\$1.00——a \$1 bill is the largest bill not larger than the remaining (\$1.49)

———–

\$0.49

-\$0.25—- a quarter is the largest coin not larger than the remaining (\$0.49)

———-

\$0.24

-\$0.10—-a dime is the largest coin not larger than the remaining (\$0.24)

———

\$0.14

-\$0.10–a dime is the largest coin not larger than the remaining(\$0.14)

———

\$0.04

– a penny, (\$0.01)  is the largest coin not larger than the remaining (\$0.04). Here you have 4 pennies

Now you have Bill and Coin as;

1 \$20 bill

1 \$10 bill

1 \$5 bill

4 \$1 bill

1 quarter

2 dime

4 penny

14 bill or coins

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Keyword : owes, bills, coins

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