Distributing Figures in 100s

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Joined
Mar 5, 2024
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1
Office Version
  1. 365
Platform
  1. Windows
Good Day,

If I have different totals in varying denominations example $55,500.00 in 100s and $300,000.00 in 50's: based on this information I want to be able to do a formula that helps me to distribute the total amount in pieces but the amounts should be rounded in 100s' to make a total:

For example: Total amount to be distributed for x location is 100,000.00 it should say for example 1000*50 and 500*100
 

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