Raju is the owner of a mall. At the end of a business day, Raju counted the collection of money earned from the mall. He had 700 notes of ₹ 2000, 500 notes of 500, 600 notes of 100, 80 notes of 50. How much is the amount in total? Express it in the Indian system both in numeral form and in words.
Answers & Comments
Answer:
To calculate the total amount, let's multiply the number of notes by their respective denominations and sum them up.
Number of ₹2000 notes = 700
Value of each ₹2000 note = ₹2000
Total value of ₹2000 notes = 700 * ₹2000 = ₹1,400,000
Number of ₹500 notes = 500
Value of each ₹500 note = ₹500
Total value of ₹500 notes = 500 * ₹500 = ₹250,000
Number of ₹100 notes = 600
Value of each ₹100 note = ₹100
Total value of ₹100 notes = 600 * ₹100 = ₹60,000
Number of ₹50 notes = 80
Value of each ₹50 note = ₹50
Total value of ₹50 notes = 80 * ₹50 = ₹4,000
Now, let's calculate the total amount:
Total amount = ₹1,400,000 + ₹250,000 + ₹60,000 + ₹4,000
Total amount = ₹1,714,000
Expressed in words:
The total amount is One crore seventy-one lakh forty thousand rupees.
In numeral form:
The total amount is ₹1,71,40,000.
Verified answer
Answer:
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Step-by-step explanation:
To find the total amount earned by Raju, we need to multiply the number of notes by their respective denominations and then add up the results.
The total amount earned by Raju can be calculated as follows:
Amount earned from 700 notes of ₹2000 each = 700 x 2000 = ₹14,00,000
Amount earned from 500 notes of ₹500 each = 500 x 500 = ₹2,50,000
Amount earned from 600 notes of ₹100 each = 600 x 100 = ₹60,000
Amount earned from 80 notes of ₹50 each = 80 x 50 = ₹4,000
Therefore, the total amount earned by Raju is:
₹14,00,000 + ₹2,50,000 + ₹60,000 + ₹4,000 = ₹16,14,000
In words, the total amount earned by Raju is "Sixteen lakh fourteen thousand rupees".
Note: In the Indian system of numeration, commas are used to separate groups of three digits from right to left. The first group from the right contains only one or two digits