Correct option is B
Solution:
Rs. 4849 ÷ 500 = 9 remainder 349.
So, we use 9 Rs. 500 notes, leaving us with Rs. 349 to be accounted for.
Rs. 349 ÷ 50 = 6 remainder 49.
So, we use 6 Rs. 50 notes, leaving us with Rs. 49 to be accounted for.
Rs. 49 ÷ 20 = 2 remainder 9. So, we use 2 Rs. 20 notes, leaving us with Rs. 9 to be accounted for.
Rs. 9 ÷ 5 = 1 remainder 4. So, we use 1 Rs. 5 note, leaving us with Rs. 4 to be accounted for.
Rs. 4 ÷ 2 = 2. So, we use 2 Rs. 2 notes.
Total number of notes used 9 notes of Rs. 500, 6 notes of Rs. 50, 2 notes of Rs. 20, 1 note of Rs. 5 and 2 notes of Rs. 2
Total = 9 + 6 + 2 + 1 + 2 = 20 notes
Thus, the minimum number of notes required is Option (
b) .
