Let the number of 50 P, 25 P, and 10 P coins be \( 5x \), \( 9x \), and \( 4x \) respectively, according to the given ratio of 5:9:4.
The total amount in the bag is Rs. 206, which is equivalent to 20600 paise.
Thus, the equation for the total value of coins is:
\[
50 \times 5x + 25 \times 9x + 10 \times 4x = 20600.
\]
Step 1: Simplifying the equation:
\[
250x + 225x + 40x = 20600.
\]
\[
515x = 20600.
\]
Step 2: Solving for \( x \):
\[
x = \frac{20600}{515} = 40.
\]
Step 3: Finding the number of each type of coin:
- Number of 50 P coins:
\[
5 \times 40 = 200.
\]
- Number of 25 P coins:
\[
9 \times 40 = 360.
\]
- Number of 10 P coins:
\[
4 \times 40 = 160.
\]
Thus, the number of 50 P coins is 200, the number of 25 P coins is 360, and the number of 10 P coins is 160.