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 4 of 6: Set aside the remaining tiny coins as a pile
Detailed analysis
All coins with denominator at least form a pile; every such coin has value at most .