Money counting is a procedure of counting or tallying the fee of the banknotes or cash inside the respective forex.
This is an important undertaking for groups, banks, and financial establishments to deal with coins subjects appropriately.
Let's assume you have notes of the $1 of numbers 15, $5, 12 notes, $10, 8 notes, $20, and 10 notes. The coins are 1¢, 2¢, and 5¢, with 12, 10, and 5 coins respectively. Then what is the total amount of money?
Given:
Notes:
$1 = 15
$5 = 12
$10 = 8
$20 = 10
Coins:
1¢ = 12
2¢ = 10
5¢ = 5
Solution:
| Value | Quantity | Total | ||
| $1 | × | 15 | = | $15 |
| $5 | × | 12 | = | $60 |
| $10 | × | 8 | = | $80 |
| $20 | × | 10 | = | $200 |
| Total Notes | 45 | $355 | ||
| Value | Quantity | Total | ||
| $0.01 | × | 12 | = | $0.12 |
| $0.02 | × | 10 | = | $0.20 |
| $0.05 | × | 5 | = | $0.25 |
| Total Coins | 27 | $0.57 | ||
| Value × Count | Quantity | Total | ||
| Total Rolls | 0 | $0 |
you'll have $400 in total cash. you can be calculated with the subsequent math:
2 × $100 + 10 × $20 = $400
the subsequent steps are worried in counting the forex:
