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International Mathematical Olympiad 2014 — Official contest Question 5

IMO · International Mathematical Olympiad 2014 — Official contest

Question 5

For every positive integer $n$, the Bank of Cape Town issues coins of denomination $\frac 1n$. Given a finite collection of such coins (of not necessarily different denominations) with total value at most $99 + \frac12$, prove that it is possible to split this collection into $100$ or fewer groups, such that each group has total value at most $1$.