the value of an uncirculated mint state 65 1950 jefferson nickel minted in denver is 3/2 the value a 1945 nickel minted in philadelphia is similar condition. together the total value of the two coins is $20. what is the value of each coin?
What is that 65 in the first line? 65 coins?
it just says 'mint state 65' like that.
Assume the Philadelphia nickel is valued at "P" dollars and the Denver nickel is valued at "D" dollars. Denver nickel is 3/2 times the value of Philadelphia nickel. D = 3/2 * P ---- (1) Together the two nickels are worth $20. D + P = 20 ----- (2) Substitute D = 3/2P from (1) into (2) and solve for P. Then put P value in (1) and solve for D.
so D+p=3/2 right?
Put D = 3/2P in (2): 3/2P + P = 20 P(3/2 + 1) = 20 P( (3+2) / 2 ) = 20 P * 5/2 = 20 P = 20 * 2 / 5 = 8 Put P = 8 in (1): D = 3/2 * P = 3/2 * 8 = 3 * 4 = 12 Philadelphia nickel is worth $8 Denver nickel is worth $12
Join our real-time social learning platform and learn together with your friends!