Skip to main contentSkip to solution

An ATM dispenses exactly Rs. 50005000 per withdrawal using 100100, 200200 and 500500 rupee notes. The ATM requires every customer to give her preference for one of the three denominations of notes. It then dispenses notes such that the number of notes of the customer’s preferred denomination exceeds the total number of notes of other denominations dispensed to her.

What is the number of 500500 rupee notes required to serve 5050 customers with 500500 rupee notes as their preferences and another 5050 customers with 100100 rupee notes as their preferences, if the total number of notes to be dispensed is the smallest possible?

Solution

✅ Correct Option: 1

For Rs. 500 Preference Customers

From previous analysis, valid combinations are:

Rs. 100100Rs. 200200Rs. 500500Total Notes
4433881515
2244881414
0055881313
5500991414
3311991313
1122991212
000010101010

Minimum notes per customer: 1010 notes (0×100+0×200+10×5000 \times 100 + 0 \times 200 + 10 \times 500)


For Rs. 100 Preference Customers

Need x>y+zx > y+z where 100x+200y+500z=5000100x + 200y + 500z = 5000

Valid combinations:

Rs. 100100Rs. 200200Rs. 500500Check: x>y+zx > y+zTotal Notes
5050000050>0+050 > 0+0 ✓5050
4545001145>0+145 > 0+1 ✓4646
4040550040>5+040 > 5+0 ✓4545
3535551135>5+135 > 5+1 ✓4141
303010100030>10+030 > 10+0 ✓4040
3030004430>0+430 > 0+4 ✓3434
252510101125>10+125 > 10+1 ✓3636
2525005525>0+525 > 0+5 ✓3030
202015150020>15+020 > 15+0 ✓3535
2020554420>5+420 > 5+4 ✓2929
2020006620>0+620 > 0+6 ✓2626
151510103315>10+315 > 10+3 ✓2828
1515007715>0+715 > 0+7 ✓2222
101015152210>15+210 > 15+2 ✗Invalid
1010556610>5+610 > 5+6 ✗Invalid
1010008810>0+810 > 0+8 ✓1818
5500995>0+95 > 0+9 ✗Invalid

Minimum notes per customer: 1818 notes (10×100+0×200+8×50010 \times 100 + 0 \times 200 + 8 \times 500)


Optimal Strategy

For 5050 customers with Rs. 500500 preference:

  • Use: 0×100+0×200+10×500=100 \times 100 + 0 \times 200 + 10 \times 500 = 10 notes each
  • Rs. 500500 notes per customer: 1010
  • Total Rs. 500500 notes: 50×10=50050 \times 10 = 500

For 5050 customers with Rs. 100100 preference:

  • Use: 10×100+0×200+8×500=1810 \times 100 + 0 \times 200 + 8 \times 500 = 18 notes each
  • Rs. 500500 notes per customer: 88
  • Total Rs. 500500 notes: 50×8=40050 \times 8 = 400

Final Answer

Total Rs. 500500 notes required =500+400=900= 500 + 400 = 900

Keyboard Shortcuts

  • Left arrow: Previous question
  • Right arrow: Next question
  • S key: Jump to solution
  • Q key: Jump to question