Money in my Pocket

Algebra Level 4

I went to the book shop and spent one half of the money that was in my purse.

When I came out, I found that I had as many cents as I had dollars and half as many dollars as I had cents when I went in. Find the money in my purse (in dollars) when I entered the store. You need to write the answer as, say, 12.34


The answer is 99.98.

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2 solutions

Sanket Samant
May 7, 2014

Let's say I have x dollars Y cents

Initial money : 100x + y

After coming out y/2 dollars x cents

Final money : 100y/2 + x

Initial money = 2 * Final money

100x + y = 2(100y/2 + x)

98x = 99y

x= 99

y = 98

Initial amount 99.98

Question is not complete. There can be infinitely many values all satisfying 98x=99y

Sanjeet Raria - 7 years ago

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I completely agree with Sanjeet Raria. I request for an explanation from Sanket Samant.

Dev Mehra - 6 years, 4 months ago

When you came out you had $49.99.
99 is not as many as 49!

"I had as many cents as I had dollars"

Guiseppi Butel - 6 years, 11 months ago

why final money is y/2 dollars and x cents ( not x/2 cents)? i spent half of the 'money' not dollars!

Shuvo Shaha - 7 years, 1 month ago
Swadesh Rath
Aug 14, 2015

let the amount of dollars u take is x and cents u have is y so initially u had x dollars and finally y/2 dollars and initially u had y cents and now u have x cents

now converting everything to cents - initially , 100x + y cents finally , 100(y/2) + x cents

so we have , 100x + y = 2{ 50y + x} .... initial amount is 2 times final amount

98x = 99y smallest values = 0,0 - 99,98 0,0 is silly ... so answer is 99.98 dollars u can actually have infinitely many values for the equation but actually i guess the question must specify that least +ve value has to be considered

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