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A Change of Mind (Posted on 2003-06-18) Difficulty: 3 of 5
I went into the bank to get change for a dollar. The teller said, "How do you want the change, buddy? I mean, there are 292 ways involving pennies, nickels, dimes, quarters, and half-dollars to give change for a dollar!"

Since I didn't like her attitude, I didn't answer her question. I simply said, "Well, I certainly don't want any pennies."

How many ways are there for her to give me change now?

(Note: Americans, always shunning simplicity have chosen to name their coins in the following easy-to-remember manner: Penny=1 cent, Nickel=5 cents, Dime=10 cents, Quarter=25 cents, Half Dollar=50 cents)

  Submitted by DJ    
Rating: 4.4615 (13 votes)
Solution: (Hide)
There are four ways to make 25¢ without pennies: 5x5¢
3x5¢ + 1x10¢
1x5¢ + 2x10¢
1x25¢

To make fifty cents, you can either use one 50¢ piece, or take any combination of two of the above ways to make a quarter. The number of ways you can do this is 4C2, or 4+3+2+1=10, for a total of 11 ways to make fifty cents.

Similarly, to make a dollar (dollar coins were not included in the problem), it is necessary to take any combination of two of the above 11 ways to make 50¢. The number of ways this can be done is 11C2, or equal to 11+10+9+8+7+6+5+4+3+2+1=66.

However, these are not necessarily unique, due to the fact that the different combinations of different 25¢ values use more than one of the same coin.
Each of the 11 ways to make fifty cents is unique, but when a dollar is made by pairing these, the total number of each type of coin is the same for certain different arrangements.

There are actually 40 distinct ways to do this, which can be found systematically relatively easily (Charlie wrote a program here to find them all):
5*20
10*1 + 5*18
10*2 + 5*16
10*3 + 5*14
10*4 + 5*12
10*5 + 5*10
10*6 + 5*8
10*7 + 5*6
10*8 + 5*4
10*9 + 5*2
10*10
25*1 + 5*15
25*1 + 10*1 + 5*13
25*1 + 10*2 + 5*11
25*1 + 10*3 + 5*9
25*1 + 10*4 + 5*7
25*1 + 10*5 + 5*5
25*1 + 10*6 + 5*3
25*1 + 10*7 + 5*1
25*2 + 5*10
25*2 + 10*1 + 5*8
25*2 + 10*2 + 5*6
25*2 + 10*3 + 5*4
25*2 + 10*4 + 5*2
25*2 + 10*5
25*3 + 5*5
25*3 + 10*1 + 5*3
25*3 + 10*2 + 5*1
25*4
50*1 + 5*10
50*1 + 10*1 + 5*8
50*1 + 10*2 + 5*6
50*1 + 10*3 + 5*4
50*1 + 10*4 + 5*2
50*1 + 10*5
50*1 + 25*1 + 5*5
50*1 + 25*1 + 10*1 + 5*3
50*1 + 25*1 + 10*2 + 5*1
50*1 + 25*2
50*2
So far, however, no one has been able to explain why the number is exactly 40 (sorry!).

Comments: ( You must be logged in to post comments.)
  Subject Author Date
Solutionre: Challenge Accepted (Solution)Brian Smith2022-10-22 16:27:45
AnswerK Sengupta2008-10-29 00:00:12
Solutionjust did itBilly Bob2004-03-31 21:53:40
Here is one take on this.Dan Erickson2003-08-23 05:01:05
Some Thoughtsre: Challengederek2003-07-03 10:24:19
QuestionChallengeDJ2003-06-26 04:15:29
Questionofficial soluitonlevik2003-06-22 17:23:32
re: Solution (After all that)Charlie2003-06-20 08:55:20
SolutionThe listCharlie2003-06-18 09:39:45
SolutionSolutionJonny Doe2003-06-18 08:00:46
SolutionSolution (After all that)Lewis2003-06-18 07:06:19
re: Nickel? (Never mind, I know now)Lewis2003-06-18 06:54:54
QuestionNickel?Lewis2003-06-18 06:49:07
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