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An old woman had the following assets:
(a) Rs. 70 lakh in bank deposits
(b) 1 house worth Rs. 50 lakh
(c) 3 flats, each worth Rs. 30 lakh
(d) Certain number of gold coins, each worth Rs. 1 lakh
She wanted to distribute her assets among her three children; Neeta, Seeta and Geeta.
The house, any of the flats or any of the coins were not to be split. That is, the house went entirely to one child; a flat went to one child and similarly, a gold coin went to one child
Q.
Among the three, Neeta received the least amount in hank deposits, while Geeta received the hig: of the assets was distributed equally among the children, as were the gold coins.
How many flats did Neeta receive?
Correct answer is '2'. Can you explain this answer?
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Verified Answer
An old woman had the following assets:(a) Rs. 70 lakh in bank deposits...
Gold coins each daughter will receive = n/3
Total Amount with each person = (210 + n)/3
Total Amount with each person – Number of gold coins = 70
One child will get the house (worth Rs. 50 lakhs). Flat can’t be given to this child as it is worth 30 lakhs and limit will be exceeded.
So, the child will get 50 lakhs (House) + 20 lakhs (Bank Deposits)
Second child will get 2 Flats (60 lakhs) + 10 lakhs (Bank Deposits)
Neeta gets the minimum amount of Bank Deposit, so 2nd child will be Neeta.
Total Amount with each person = (210 + n)/3
Total Amount with each person – Number of gold coins = 70
One child will get the house (worth Rs. 50 lakhs). Flat can’t be given to this child as it is worth 30 lakhs and limit will be exceeded.
So, the child will get 50 lakhs (House) + 20 lakhs (Bank Deposits)
Second child will get 2 Flats (60 lakhs) + 10 lakhs (Bank Deposits)
Neeta gets the minimum amount of Bank Deposit, so 2nd child will be Neeta.
Most Upvoted Answer
An old woman had the following assets:(a) Rs. 70 lakh in bank deposits...
Given:
An old woman had the following assets:
(a) Rs. 70 lakh in bank deposits
(b) 1 house worth Rs. 50 lakh
(c) 3 flats, each worth Rs. 30 lakh
(d) Certain number of gold coins, each worth Rs. 1 lakh
To Find:
How many flats did Neeta receive?
Assumptions:
1. The total assets are distributed equally among the three children.
2. The gold coins are distributed equally among the three children.
3. The house, flats, and gold coins are not split.
Solution:
Let's assume that Neeta received 'n' flats.
Assets Distribution:
Total assets = Rs. 70 lakh (bank deposits) + Rs. 50 lakh (house) + 3 x Rs. 30 lakh (flats) + n x Rs. 1 lakh (gold coins)
Total assets = Rs. (70 + 50 + 3 x 30 + n) lakh
Since the assets are distributed equally among the three children, each child receives Rs. (Total assets / 3) lakh.
Therefore, each child receives Rs. [(70 + 50 + 3 x 30 + n) / 3] lakh.
Distribution of Gold Coins:
The gold coins are distributed equally among the three children. Therefore, each child receives (n x Rs. 1 lakh) / 3 gold coins.
Distribution of Bank Deposits:
Neeta received the least amount in bank deposits. Therefore, Neeta's share of bank deposits < seeta's="" share="" of="" bank="" deposits="" />< geeta's="" share="" of="" bank="" />
Let's assume Neeta received 'x' lakh in bank deposits. Therefore, Seeta received [(70 + 50 + 3 x 30 + n) / 3] - x lakh in bank deposits.
Since the assets are distributed equally among the three children, Neeta's share of bank deposits = (Total bank deposits / 3) lakh.
Therefore, x = (70 / 3) lakh.
Distribution of Flats:
Neeta received 'n' flats. Therefore, Seeta and Geeta together received (3 - n) flats.
Since the flats are not split, Seeta and Geeta each received 1 flat.
Therefore, the number of flats Neeta received = n = 3 - 1 - 1 = 1.
So, Neeta received 1 flat.
An old woman had the following assets:
(a) Rs. 70 lakh in bank deposits
(b) 1 house worth Rs. 50 lakh
(c) 3 flats, each worth Rs. 30 lakh
(d) Certain number of gold coins, each worth Rs. 1 lakh
To Find:
How many flats did Neeta receive?
Assumptions:
1. The total assets are distributed equally among the three children.
2. The gold coins are distributed equally among the three children.
3. The house, flats, and gold coins are not split.
Solution:
Let's assume that Neeta received 'n' flats.
Assets Distribution:
Total assets = Rs. 70 lakh (bank deposits) + Rs. 50 lakh (house) + 3 x Rs. 30 lakh (flats) + n x Rs. 1 lakh (gold coins)
Total assets = Rs. (70 + 50 + 3 x 30 + n) lakh
Since the assets are distributed equally among the three children, each child receives Rs. (Total assets / 3) lakh.
Therefore, each child receives Rs. [(70 + 50 + 3 x 30 + n) / 3] lakh.
Distribution of Gold Coins:
The gold coins are distributed equally among the three children. Therefore, each child receives (n x Rs. 1 lakh) / 3 gold coins.
Distribution of Bank Deposits:
Neeta received the least amount in bank deposits. Therefore, Neeta's share of bank deposits < seeta's="" share="" of="" bank="" deposits="" />< geeta's="" share="" of="" bank="" />
Let's assume Neeta received 'x' lakh in bank deposits. Therefore, Seeta received [(70 + 50 + 3 x 30 + n) / 3] - x lakh in bank deposits.
Since the assets are distributed equally among the three children, Neeta's share of bank deposits = (Total bank deposits / 3) lakh.
Therefore, x = (70 / 3) lakh.
Distribution of Flats:
Neeta received 'n' flats. Therefore, Seeta and Geeta together received (3 - n) flats.
Since the flats are not split, Seeta and Geeta each received 1 flat.
Therefore, the number of flats Neeta received = n = 3 - 1 - 1 = 1.
So, Neeta received 1 flat.
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An old woman had the following assets:(a) Rs. 70 lakh in bank deposits(b) 1 house worth Rs. 50 lakh(c) 3 flats, each worth Rs. 30 lakh(d) Certain number of gold coins, each worth Rs. 1 lakhShe wanted to distribute her assets among her three children; Neeta, Seeta and Geeta.The house, any of the flats or any of the coins were not to be split. That is, the house went entirely to one child; a flat went to one child and similarly, a gold coin went to one childQ.Among the three, Neeta received the least amount in hank deposits, while Geeta received the hig: of the assets was distributed equally among the children, as were the gold coins.How many flats did Neeta receive?Correct answer is '2'. Can you explain this answer?
Question Description
An old woman had the following assets:(a) Rs. 70 lakh in bank deposits(b) 1 house worth Rs. 50 lakh(c) 3 flats, each worth Rs. 30 lakh(d) Certain number of gold coins, each worth Rs. 1 lakhShe wanted to distribute her assets among her three children; Neeta, Seeta and Geeta.The house, any of the flats or any of the coins were not to be split. That is, the house went entirely to one child; a flat went to one child and similarly, a gold coin went to one childQ.Among the three, Neeta received the least amount in hank deposits, while Geeta received the hig: of the assets was distributed equally among the children, as were the gold coins.How many flats did Neeta receive?Correct answer is '2'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about An old woman had the following assets:(a) Rs. 70 lakh in bank deposits(b) 1 house worth Rs. 50 lakh(c) 3 flats, each worth Rs. 30 lakh(d) Certain number of gold coins, each worth Rs. 1 lakhShe wanted to distribute her assets among her three children; Neeta, Seeta and Geeta.The house, any of the flats or any of the coins were not to be split. That is, the house went entirely to one child; a flat went to one child and similarly, a gold coin went to one childQ.Among the three, Neeta received the least amount in hank deposits, while Geeta received the hig: of the assets was distributed equally among the children, as were the gold coins.How many flats did Neeta receive?Correct answer is '2'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An old woman had the following assets:(a) Rs. 70 lakh in bank deposits(b) 1 house worth Rs. 50 lakh(c) 3 flats, each worth Rs. 30 lakh(d) Certain number of gold coins, each worth Rs. 1 lakhShe wanted to distribute her assets among her three children; Neeta, Seeta and Geeta.The house, any of the flats or any of the coins were not to be split. That is, the house went entirely to one child; a flat went to one child and similarly, a gold coin went to one childQ.Among the three, Neeta received the least amount in hank deposits, while Geeta received the hig: of the assets was distributed equally among the children, as were the gold coins.How many flats did Neeta receive?Correct answer is '2'. Can you explain this answer?.
An old woman had the following assets:(a) Rs. 70 lakh in bank deposits(b) 1 house worth Rs. 50 lakh(c) 3 flats, each worth Rs. 30 lakh(d) Certain number of gold coins, each worth Rs. 1 lakhShe wanted to distribute her assets among her three children; Neeta, Seeta and Geeta.The house, any of the flats or any of the coins were not to be split. That is, the house went entirely to one child; a flat went to one child and similarly, a gold coin went to one childQ.Among the three, Neeta received the least amount in hank deposits, while Geeta received the hig: of the assets was distributed equally among the children, as were the gold coins.How many flats did Neeta receive?Correct answer is '2'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about An old woman had the following assets:(a) Rs. 70 lakh in bank deposits(b) 1 house worth Rs. 50 lakh(c) 3 flats, each worth Rs. 30 lakh(d) Certain number of gold coins, each worth Rs. 1 lakhShe wanted to distribute her assets among her three children; Neeta, Seeta and Geeta.The house, any of the flats or any of the coins were not to be split. That is, the house went entirely to one child; a flat went to one child and similarly, a gold coin went to one childQ.Among the three, Neeta received the least amount in hank deposits, while Geeta received the hig: of the assets was distributed equally among the children, as were the gold coins.How many flats did Neeta receive?Correct answer is '2'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An old woman had the following assets:(a) Rs. 70 lakh in bank deposits(b) 1 house worth Rs. 50 lakh(c) 3 flats, each worth Rs. 30 lakh(d) Certain number of gold coins, each worth Rs. 1 lakhShe wanted to distribute her assets among her three children; Neeta, Seeta and Geeta.The house, any of the flats or any of the coins were not to be split. That is, the house went entirely to one child; a flat went to one child and similarly, a gold coin went to one childQ.Among the three, Neeta received the least amount in hank deposits, while Geeta received the hig: of the assets was distributed equally among the children, as were the gold coins.How many flats did Neeta receive?Correct answer is '2'. Can you explain this answer?.
Solutions for An old woman had the following assets:(a) Rs. 70 lakh in bank deposits(b) 1 house worth Rs. 50 lakh(c) 3 flats, each worth Rs. 30 lakh(d) Certain number of gold coins, each worth Rs. 1 lakhShe wanted to distribute her assets among her three children; Neeta, Seeta and Geeta.The house, any of the flats or any of the coins were not to be split. That is, the house went entirely to one child; a flat went to one child and similarly, a gold coin went to one childQ.Among the three, Neeta received the least amount in hank deposits, while Geeta received the hig: of the assets was distributed equally among the children, as were the gold coins.How many flats did Neeta receive?Correct answer is '2'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT.
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An old woman had the following assets:(a) Rs. 70 lakh in bank deposits(b) 1 house worth Rs. 50 lakh(c) 3 flats, each worth Rs. 30 lakh(d) Certain number of gold coins, each worth Rs. 1 lakhShe wanted to distribute her assets among her three children; Neeta, Seeta and Geeta.The house, any of the flats or any of the coins were not to be split. That is, the house went entirely to one child; a flat went to one child and similarly, a gold coin went to one childQ.Among the three, Neeta received the least amount in hank deposits, while Geeta received the hig: of the assets was distributed equally among the children, as were the gold coins.How many flats did Neeta receive?Correct answer is '2'. Can you explain this answer?, a detailed solution for An old woman had the following assets:(a) Rs. 70 lakh in bank deposits(b) 1 house worth Rs. 50 lakh(c) 3 flats, each worth Rs. 30 lakh(d) Certain number of gold coins, each worth Rs. 1 lakhShe wanted to distribute her assets among her three children; Neeta, Seeta and Geeta.The house, any of the flats or any of the coins were not to be split. That is, the house went entirely to one child; a flat went to one child and similarly, a gold coin went to one childQ.Among the three, Neeta received the least amount in hank deposits, while Geeta received the hig: of the assets was distributed equally among the children, as were the gold coins.How many flats did Neeta receive?Correct answer is '2'. Can you explain this answer? has been provided alongside types of An old woman had the following assets:(a) Rs. 70 lakh in bank deposits(b) 1 house worth Rs. 50 lakh(c) 3 flats, each worth Rs. 30 lakh(d) Certain number of gold coins, each worth Rs. 1 lakhShe wanted to distribute her assets among her three children; Neeta, Seeta and Geeta.The house, any of the flats or any of the coins were not to be split. That is, the house went entirely to one child; a flat went to one child and similarly, a gold coin went to one childQ.Among the three, Neeta received the least amount in hank deposits, while Geeta received the hig: of the assets was distributed equally among the children, as were the gold coins.How many flats did Neeta receive?Correct answer is '2'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice An old woman had the following assets:(a) Rs. 70 lakh in bank deposits(b) 1 house worth Rs. 50 lakh(c) 3 flats, each worth Rs. 30 lakh(d) Certain number of gold coins, each worth Rs. 1 lakhShe wanted to distribute her assets among her three children; Neeta, Seeta and Geeta.The house, any of the flats or any of the coins were not to be split. That is, the house went entirely to one child; a flat went to one child and similarly, a gold coin went to one childQ.Among the three, Neeta received the least amount in hank deposits, while Geeta received the hig: of the assets was distributed equally among the children, as were the gold coins.How many flats did Neeta receive?Correct answer is '2'. Can you explain this answer? tests, examples and also practice CAT tests.
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