Correct Answer - Option 2 : 420
Given:
Total amount = Rs 1120
Ratio of coins of Rs 1, 50 paisa, and 25 paisa = 1 ∶ 1/2 ∶ 1/3
Formula Used:
Value of coins = Number of coins × per coin value
Calculation:
We know that
Rs 1 = 100 paisa
Ratio of value per coin = 100 ∶ 50 ∶ 25
⇒ 4 ∶ 2 ∶ 1
Ratio of number of coins = 1 ∶ 1/2 ∶ 1/3
⇒ 6 ∶ 3 ∶ 2
Ratio of total price of coins = 24 ∶ 6 ∶ 2
⇒ 12 ∶ 3 ∶ 1 = 16 units
⇒ 16 units = 1120
⇒ 1 units = 70
Value of 50 paisa coins = 3 units
⇒ 3 × 70
⇒ Rs 210
Number of 50 paisa coins for Rs 210 = 210 × 2
⇒ 420
∴ The number of 50 paisa coins is 420.