How many 100 notes will make 500 rupees?

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answer is A.

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Detailed Solution

Concept- To answer this question, we will use the concept of denomination of a note.
A note's value is determined by its denomination. The note denomination must be carefully considered because there are also notes with denominations of 500 rupees, 50 rupees, 200 rupees, etc. As a result, rupees can also be expressed as a mix of notes of different denominations
We are required to determine the number of INR 100 notes that make 500 rupees. As we already know that the denomination of note represents its value.
For instance, 1 INR 10 note has a value of 10 rupees.
The value of the notes is multiplied by the same amount of notes.
For instance, 5 INR 5 notes are equivalent to

.
So, according to the unitary technique, one INR is now equivalent to 100 rupees. Or, one 100 INR note is equivalent to 10 rupees.
In other words, the value of a note will be equal to its denomination.
Then, the value of 500 rupees will be

100 INR notes
As a result, five 100 INR notes will have a value of 500 rupees.
Hence, the correct answer is option (1).

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