Problem 5
For each positive integer , the Bank of Cape Town issues coins of denomination . Given a finite collection of such coins (of not necessarily different denominations) with total value at most , prove that it is possible to split this collection into or fewer groups, such that each group has total value at most .
Step 3 of 6: Pack the surviving large coins into boxes
Detailed analysis
Put the at-most-one coin of value into . For each , put at most coins of value and at most one coin of value into . Its value is at most . Here , so these boxes and the complete groups will total groups.