AMC 10 Step by Step

2000 AMC 10 Problem 17

P16-20~3 minPrint

Boris has an incredible coin-changing machine. When he puts in a quarter, it returns five nickels; when he puts in a nickel, it returns five pennies; and when he puts in a penny, it returns five quarters. Boris starts with just one penny. Which of the following amounts could Boris have after using the machine repeatedly?

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Key insight

Trading a quarter or a nickel keeps the money the same. Trading a penny adds exactly 124 cents. So any total is 1 cent more than a multiple of 124.

Solution

1. Watch what each trade does to the total amount of money, in cents.
- A quarter (2525 cents) becomes five nickels (2525 cents). No change.
- A nickel (55 cents) becomes five pennies (55 cents). No change.
- A penny (11 cent) becomes five quarters (125125 cents). A gain of 124124 cents.
2. Boris starts with 11 cent. Only the penny trade changes the total, and each time it adds 124124. So his total is always
1, 1+124, 1+2⋅124, …1,\ 1 + 124,\ 1 + 2 \cdot 124,\ \ldots
that is, 11 more than a multiple of 124124.
3. Subtract 11 from each choice and see which result divides evenly by 124124:

choiceminus 1divided by 124
36336336236222 remainder 114114
51351351251244 remainder 1616
63063062962955 remainder 99
745745744744exactly 66
90790790690677 remainder 3838
  1. Only $7.45\$7.45 works. It really can happen: he always has a penny available (break a quarter into nickels and a nickel into pennies if needed), so he can do the penny trade 66 times.

The answer is (D) $7.45\boxed{\textbf{(D)}\ \$7.45}.

Why this works

When a process has only a few kinds of moves, ask what each move does to one simple number, here the total in cents. Two moves leave it alone and one adds a fixed 124124, so the total is always "start plus some number of 124s." That one fact rules out four choices without acting out a single trade.

Concise solution

A shorter write-up, the way contest solutions are usually written. It may take a different route from the solution above.

Track the total value in cents through each kind of exchange.

  • Quarter in, five nickels out: 25→2525 \to 25, no change.
  • Nickel in, five pennies out: 5→55 \to 5, no change.
  • Penny in, five quarters out: 1→1251 \to 125, a gain of 124124.

So no matter what Boris does, his total is 1+124k1 + 124k cents, where kk counts how many pennies he has fed in. Subtract 11 from each choice and test divisibility by 124124:
362=2⋅124+114,512=4⋅124+16,629=5⋅124+9,744=6⋅124,906=7⋅124+38.362 = 2 \cdot 124 + 114,\quad 512 = 4 \cdot 124 + 16,\quad 629 = 5 \cdot 124 + 9,\quad 744 = 6 \cdot 124,\quad 906 = 7 \cdot 124 + 38.
Only $7.45\$7.45 fits, with k=6k = 6. (It is also reachable: each time, break a quarter into nickels and a nickel into pennies, then feed in a penny.)

The answer is (D) $7.45\boxed{\textbf{(D)}\ \$7.45}.

Review in the AoPS books

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Problem © Mathematical Association of America (MAA), American Mathematics Competitions. Reproduced for non-commercial educational use. Solution and commentary are original to this site.