Instructions

DIRECTIONS for questions:

These questions are based on the situation given below:

Recently, Ghosh Babu spent his winter vacation on Kyakya Island. During the vacation, he visited the local casino where he came across a new card game. Two players, using a normal deck of 52 playing cards, play this game. One player is called the Dealer and the other is called the Player. First, the Player picks a card at random from the deck. This is called the base card. The amount in rupees equal to the face value of the base card is called the base amount. The face values of Ace, King, Queen and Jack are ten. For other cards, the face value is the number on the card. Once, the Player picks a card from the deck, the Dealer pays him the base amount. Then the dealer picks a card from the deck and this card is called the top card. If the top card is of the same suit as the base card, the Player pays twice the base amount to the Dealer. If the top card is of the same colour as the base card (but not the same suit) then the Player pays the base amount to the Dealer. If the top card happens to be of a different colour than the base card, the Dealer pays the base amount to the Player. Ghosh Babu played the game 4 times. First time he picked eight of clubs and the Dealer picked queen of clubs. Second time, he picked ten of hearts and the dealer picked two of spades. Next time, Ghosh Babu picked six of diamonds and the dealer picked ace of hearts. Lastly, he picked eight of spades and the dealer picked jack of spades. Answer the following questions based on these four games.

Question 54

# The initial money Ghosh Babu had (before the beginning of the game sessions) was Rs. X. At no point did he have to borrow any money. What is the minimum possible value of X?

Solution

After the first game, Ghosh Babu picked 8 of clubs => He gets Rs 8. Then the dealer picked Queen of clubs => Ghosh Babu pays Rs 16 => Ghosh Babu is at a loss of Rs 8 after 1st game.

After the second game, Ghosh Babu picked 10 of hearts => He gets Rs 10. Then the dealer picked 2 of spades => Ghosh Babu gets another Rs 10 => Ghosh Babu is now at a profit of Rs 12.

After the third game, Ghosh Babu picked six of diamonds => He gets Rs 6. Then the dealer picked ace of hearts => Ghosh Babu pays Rs 6 to dealer => Ghosh Babu is still at a profit of Rs 12.

In the fourth game, Ghosh Babu picks 8 of spades => He gets Rs 8. The the dealer picks jack of spades => Ghosh Babu pays Rs 16 to dealer => Ghosh Babu is at a profit of Rs 4.

Hence, the maximum profit earned is Rs 12.

The maximum loss that Ghosh Babu had was Rs 8.

He must have had at least Rs 8 so that he did not have to borrow any amount from others.