Taylen has 12 more pennies than he has nickels. Altogether he has $2.94. How many of each type of coin does he have?

Answer 1

P=12+N

P=number of pennies

N=number of nickels

P+5N = 294

12+N +5N =294

12+6N = 294

6N = 294-12 = 282

N = 282/6 = 47

P=12+N =12+47 =59

47 nickels and 59 pennies = 5(47) + 59 = 235+59 = 294 cents = $2.94