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Read the passage below and solve the questions based on it, Patna-mart, sister concern of Wal-marL is planning to establish a mechanism to give discount, it is actually a Kind Ja Simsim kind of game where if you win any round, you will gel some discount specific to dial round, and it you lose, you will be losing al! the discounts so far won.
Now, round l is hav ing discount coupons of 2%.
Round 2 is having discount coupons of 4%.
Round 3 is having discount coupons of 6%, And so on...............
There are infinite round sand you can participate in all the rounds but you can participate in any round only once and before participating in round N (any particular round), you should have participated in round 1 - round N -1 (all die rounds before that particular round.) All the discounts won will be successive, eg., if you win Round 1 and then round 2 also, you will get a successive discount of 2% and then 4%. But again as the rule goes on. if you lose round 3, you will be losing ail the discount coupons won so far Bui despite losing round 3, you can participate in round 4 and hence.
Q.
What is the minimum number of rounds to obtain maximum possible discount?
  • a)
    50
  • b)
    100
  • c)
    Infinite
  • d)
    Cannot be determined
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Read the passage below and solve the questions based on it, Patna-mart...
Maximum possible discount in any case can be only 100% and any discount more than 100% is actually 100% only. Now, whatever is the discount, till the moment we get a discount of 100%, value of the article cannot be zero (even infinite discounts of 99.99% won’t make it equal to a discount of 100%) So, number of rounds needed to obtain 100% discount = 50.
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Most Upvoted Answer
Read the passage below and solve the questions based on it, Patna-mart...
A,In 50 th round you will get 100 percent discount and price of article will become zero.
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Community Answer
Read the passage below and solve the questions based on it, Patna-mart...
Minimum Number of Rounds to Obtain Maximum Possible Discount
To obtain the maximum possible discount while minimizing the risk of losing all discounts, we need to strategize our participation in the rounds effectively.
- The discounts increase by 2% in each successive round, starting from 2% in round 1.
- To ensure we don't lose all discounts, we need to participate in each round only after winning the previous rounds.
- As the discounts keep increasing, we aim to participate in as many rounds as possible without risking losing all discounts.

Calculating the Minimum Number of Rounds
- To calculate the minimum number of rounds to obtain the maximum possible discount, we need to sum up the discount percentages until we reach a total discount that is close to but less than 100%.
- The sum of discount percentages in each round forms an arithmetic progression.
- The formula to calculate the sum of an arithmetic progression is Sn = n/2 * (a + l), where Sn is the sum, n is the number of terms, a is the first term, and l is the last term.
- We need to find the number of terms (rounds) required to reach a sum close to 100% without exceeding it.

Determining the Minimum Number of Rounds
- By calculating the sum of discount percentages in each round, we can determine that approximately 50 rounds are needed to reach a total discount of 100%.
- Therefore, the minimum number of rounds to obtain the maximum possible discount is 50 rounds.
By strategically participating in 50 rounds and winning each round before proceeding to the next, you can maximize your discount without losing all the discounts won.
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Read the passage below and solve the questions based on it, Patna-mart, sister concern of Wal-marL is planning to establish a mechanism to give discount, it is actually a Kind Ja Simsim kind of game where if you win any round, you will gel some discount specific to dial round, and it you lose, you will be losing al! the discounts so far won.Now, round l is hav ing discount coupons of 2%.Round 2 is having discount coupons of 4%.Round 3 is having discount coupons of 6%, And so on...............There are infinite round sand you can participate in all the rounds but you can participate in any round only once and before participating in round N (any particular round), you should have participated in round 1 - round N -1 (all die rounds before that particular round.) All the discounts won will be successive, eg., if you win Round 1 and then round 2 also, you will get a successive discount of 2% and then 4%. But again as the rule goes on. if you lose round 3, you will be losing ail the discount coupons won so far Bui despite losing round 3, you can participate in round 4 and hence.Q.What is the minimum number of rounds to obtain maximum possible discount?a)50b)100c)Infinited)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer?
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Read the passage below and solve the questions based on it, Patna-mart, sister concern of Wal-marL is planning to establish a mechanism to give discount, it is actually a Kind Ja Simsim kind of game where if you win any round, you will gel some discount specific to dial round, and it you lose, you will be losing al! the discounts so far won.Now, round l is hav ing discount coupons of 2%.Round 2 is having discount coupons of 4%.Round 3 is having discount coupons of 6%, And so on...............There are infinite round sand you can participate in all the rounds but you can participate in any round only once and before participating in round N (any particular round), you should have participated in round 1 - round N -1 (all die rounds before that particular round.) All the discounts won will be successive, eg., if you win Round 1 and then round 2 also, you will get a successive discount of 2% and then 4%. But again as the rule goes on. if you lose round 3, you will be losing ail the discount coupons won so far Bui despite losing round 3, you can participate in round 4 and hence.Q.What is the minimum number of rounds to obtain maximum possible discount?a)50b)100c)Infinited)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Read the passage below and solve the questions based on it, Patna-mart, sister concern of Wal-marL is planning to establish a mechanism to give discount, it is actually a Kind Ja Simsim kind of game where if you win any round, you will gel some discount specific to dial round, and it you lose, you will be losing al! the discounts so far won.Now, round l is hav ing discount coupons of 2%.Round 2 is having discount coupons of 4%.Round 3 is having discount coupons of 6%, And so on...............There are infinite round sand you can participate in all the rounds but you can participate in any round only once and before participating in round N (any particular round), you should have participated in round 1 - round N -1 (all die rounds before that particular round.) All the discounts won will be successive, eg., if you win Round 1 and then round 2 also, you will get a successive discount of 2% and then 4%. But again as the rule goes on. if you lose round 3, you will be losing ail the discount coupons won so far Bui despite losing round 3, you can participate in round 4 and hence.Q.What is the minimum number of rounds to obtain maximum possible discount?a)50b)100c)Infinited)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the passage below and solve the questions based on it, Patna-mart, sister concern of Wal-marL is planning to establish a mechanism to give discount, it is actually a Kind Ja Simsim kind of game where if you win any round, you will gel some discount specific to dial round, and it you lose, you will be losing al! the discounts so far won.Now, round l is hav ing discount coupons of 2%.Round 2 is having discount coupons of 4%.Round 3 is having discount coupons of 6%, And so on...............There are infinite round sand you can participate in all the rounds but you can participate in any round only once and before participating in round N (any particular round), you should have participated in round 1 - round N -1 (all die rounds before that particular round.) All the discounts won will be successive, eg., if you win Round 1 and then round 2 also, you will get a successive discount of 2% and then 4%. But again as the rule goes on. if you lose round 3, you will be losing ail the discount coupons won so far Bui despite losing round 3, you can participate in round 4 and hence.Q.What is the minimum number of rounds to obtain maximum possible discount?a)50b)100c)Infinited)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer?.
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But again as the rule goes on. if you lose round 3, you will be losing ail the discount coupons won so far Bui despite losing round 3, you can participate in round 4 and hence.Q.What is the minimum number of rounds to obtain maximum possible discount?a)50b)100c)Infinited)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. 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But again as the rule goes on. if you lose round 3, you will be losing ail the discount coupons won so far Bui despite losing round 3, you can participate in round 4 and hence.Q.What is the minimum number of rounds to obtain maximum possible discount?a)50b)100c)Infinited)Cannot be determinedCorrect answer is option 'A'. 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But again as the rule goes on. if you lose round 3, you will be losing ail the discount coupons won so far Bui despite losing round 3, you can participate in round 4 and hence.Q.What is the minimum number of rounds to obtain maximum possible discount?a)50b)100c)Infinited)Cannot be determinedCorrect answer is option 'A'. 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But again as the rule goes on. if you lose round 3, you will be losing ail the discount coupons won so far Bui despite losing round 3, you can participate in round 4 and hence.Q.What is the minimum number of rounds to obtain maximum possible discount?a)50b)100c)Infinited)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the passage below and solve the questions based on it, Patna-mart, sister concern of Wal-marL is planning to establish a mechanism to give discount, it is actually a Kind Ja Simsim kind of game where if you win any round, you will gel some discount specific to dial round, and it you lose, you will be losing al! the discounts so far won.Now, round l is hav ing discount coupons of 2%.Round 2 is having discount coupons of 4%.Round 3 is having discount coupons of 6%, And so on...............There are infinite round sand you can participate in all the rounds but you can participate in any round only once and before participating in round N (any particular round), you should have participated in round 1 - round N -1 (all die rounds before that particular round.) All the discounts won will be successive, eg., if you win Round 1 and then round 2 also, you will get a successive discount of 2% and then 4%. But again as the rule goes on. if you lose round 3, you will be losing ail the discount coupons won so far Bui despite losing round 3, you can participate in round 4 and hence.Q.What is the minimum number of rounds to obtain maximum possible discount?a)50b)100c)Infinited)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Quant tests.
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