Instructions

Odsville has five firms - Alfloo, Bzygoo, Czechy, Drjbna and Elavalaki. Each of these firms was founded in some year and also closed down a few years later.

Each firm raised Rs. 1 crore in its first and last year of existence. The amount each firm raised every year increased until it reached a maximum, and then decreased until the firm closed down. No firm raised the same amount of money in two consecutive years. Each annual increase and decrease was either by Rs. 1 crore or by Rs. 2 crores. The table below provides partial information about the five firms.

Question 8

What is the largest possible total amount of money (in Rs. crores) that could have been raised in 2013?


Correct Answer: 17

Solution

In this set, we are told that the amount each firm raised every year increased until it reached a maximum, and then decreased until the firm closed down and no firm raised the same amount of money in two consecutive years.

The increase or decrease can be $$\pm\ 1$$ or $$\pm\ 2$$. => (1)

We are also told that each firm raised Rs. 1 crore in its first and last year of existence

Consider A:

It raised money for 8 years

=> The raising pattern looks like follows:

1, a, b, c, d, e, f, 1 => where a, b, c,..,, f are the unknown amounts raised.

Also a + b + c + d + e + f = 21 - 2 = 19.

We can observe that 19/6 is slightly greater than 3 => The average amount raised should be around 3.

If a = 3 and f = 3 => b + c + d + e = 13 (not possible) as the minimum case would be (4, 5, 6, 4) => Not possible.

If a = 3 and f = 2 => b + c + d + e = 14 (not possible) as the minimum case would be (4, 5, 4, 3) => Not possible.

=> a = 2 and f = 2 => b + c + d + e = 15 the minimum case is (3, 4, 5, 3) or (3, 5, 4, 3) which gives a sum of 15.

So, the possible cases for A are:

Consider B:

The patterns looks as follows:

1, a, b, 1

If a = 2, b has to be equal to 3 to satisfy (1)

if a = 3, b has to be equal to 2 to satisfy (1)

=> The possible cases for B are:

Consider C:

The pattern looks as follows:

1, ..., 1

Let us assume there are 2 gaps between => a + b = 7 (Not possible) as maximum case would be 1, 3, 2, 1

Let us assume there are 3 gaps between => a + b + c = 7, the minimum case possible is 1, 2, 3, 2, 1 => Satisfies.

Now, if there are 4 gaps => a + b + c + d = 7 => The average value is 7/4 which is less than 2 => Not possible.

=> The possible cases for C are:

Consider D:

The pattern looks as follows:

1, a, b, c, 1

=> a + b + c = 8

When a = 2 and c = 2 => b = 4 => 2, 4, 2 => Satisfies.

When a = 2 and c = 3, b should be 3 (Not satisfying (1))

When a = 3 and c = 3, b should be 2 (Not satisfying (1))

=> The possible cases for D are:

Consider E:

The pattern looks as follows:

1,.....,1

For 1 or 2 gaps, we can't get a sum of 11.

Assume 3 gaps => a + b + c = 11, the maximum case is 3, 5, 3 => Satisfies.

Now, assume 4 gaps

=> a + b + c + d = 11, the minimum case is 2, 3, 4, 2 or 2, 4, 3, 2 which satisfies (1) and 2 + 3 + 4 + 2 = 11.

=> The possible cases for E are:

In summary, the possible cases for all 5 companies is:

Maximum money raised in 2013 is 5 + 3 + 1 + 4 + 4 = 17.

Video Solution

video

Create a FREE account and get:

  • All Quant CAT complete Formulas and shortcuts PDF
  • 35+ CAT previous year papers with video solutions PDF
  • 5000+ Topic-wise Previous year CAT Solved Questions for Free

cracku

Boost your Prep!

Download App