Elizabeth has $10, $5, and $1 bills worth $101. she has five more five dollar bills than ten dollar bills and 4 times more 1 dollar bills than 10 dollar bills. How many of each kind of bills does Elizabeth have?

Let x be number of $10 dollar bills

Let y be number of $5 dollar bills

Let z be number of $1 dollar bills

From the question, we can come up with three equations (so we can find the values of x, y & z) :

The first equation comes from finding the total money Elizabeth has, which is $101.

The second equation comes from value of y (number of $5 bills) is more than value of x (number of $10 bills) by 5 dollars.

The third equation comes from the value of z (number of $1 bills) being 4 times more than the value of x (number of $10 bills).

Now, we will begin to find the value of x, y & z.

From the first equation,

10x + 5y + z = 101

Substitute the third equation (z = 4x) into z:

10x + 5y + 4x = 101

Simplify this and you get,

14x + 5y = 101

Now, we use the second equation. The second equation is y - x = 5. If we try to make y as the subject, it becomes y = 5 + x.

Now, substitute this into the value of y of the last working we did:

14x + 5(5+x) = 101

Simplify that and it becomes:

x = 4

Then, substitute this value of x into the second and third equations to find y and z.

y - x = 5

y - 4 = 5

y = 9

z = 4x

z = 4(4)

z = 16

Finally, let's check these answers by substituting them into the first equation to try and see if the total value is really $101.

10x + 5y + z = 10(4) + 5(9) + 16

10x + 5y + z = 40 + 45 + 16

10x + 5y + z = 101

Thus, our answers are correct. Elizabeth has FOUR $10 bills, NINE $5 bills and SIXTEEN $1 bills.

Thus, our answers are correct. Elizabeth has FOUR $10 bills, NINE $5 bills and SIXTEEN $1 bills.

Step-by-step explanation:

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