Teaser 3204: Pressing problem

From The Sunday Times, 18th February 2024 [link] [link]

The Mint’s machine can press circular coins from square plates of precious metal in straight rows with no gaps between coins. Currently, the coins are pressed with the same number of coins in each column and row, with their centres lying on the same vertical and horizontal straight lines.

As newly appointed Warden of the Mint, Newton set about reviewing its operational efficiency. He found that more rows can be squeezed into the same plate by shifting some rows so that each coin in it touches two coins in the row above; each of these rows will have one fewer coin in it. With this method, the best that can be done is to produce exactly 8 per cent more coins per plate.

How many more coins per plate can be produced in this way?

Note: The intention of this puzzle is that the size of the plate allows the rows and columns of the coins in the original (square-packed) configuration to fit exactly with no extra metal around the edges. Without this condition the puzzle has multiple solutions.

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