CAT Exam  >  CAT Questions  >  The auto fare in Ahmedabad has following form... Start Learning for Free
The auto fare in Ahmedabad has following formula based upon the meter reading. The meter reading is rounded up to next higher multiple of 4. For instance if the meter reading is 37 paise, it is rounded up to 40paise. The resultant is multiplied by 12. The final result is rounded off to nearest multiple of 25 paise. If 53 paise is the meter reading what will be the actual fare ?
Most Upvoted Answer
The auto fare in Ahmedabad has following formula based upon the meter ...
Calculation of Auto Fare in Ahmedabad


Step 1: Rounding up the Meter Reading


  • Given meter reading is 53 paise

  • Round up to next higher multiple of 4: 56 paise



Step 2: Multiplying by 12


  • Multiply 56 paise by 12: 672 paise or Rs. 6.72



Step 3: Rounding off to Nearest Multiple of 25 paise


  • Divide 6.72 by 0.25: 26.88

  • Round off to nearest multiple of 25 paise: Rs. 26.75



Actual Fare


  • The actual fare for the given meter reading of 53 paise is Rs. 26.75



Explanation

According to the given formula for auto fare in Ahmedabad, the meter reading is first rounded up to the next higher multiple of 4. This is to ensure that the fare calculation is consistent and not affected by small variations in the meter reading. The rounded up value is then multiplied by 12, which gives the fare in paise. Finally, the fare is rounded off to the nearest multiple of 25 paise, which is the smallest coin denomination in India.


In the given example, the meter reading of 53 paise is rounded up to 56 paise. Multiplying this by 12 gives 672 paise or Rs. 6.72. Dividing this by 0.25 and rounding off to the nearest multiple of 25 paise gives the actual fare of Rs. 26.75.
Community Answer
The auto fare in Ahmedabad has following formula based upon the meter ...
NExt highest multiple value will be 56 so 56*12= 672. According to the 25 paise rounding of it and will get 675. Hence the answer will be 6.75.
Attention CAT Students!
To make sure you are not studying endlessly, EduRev has designed CAT study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CAT.
Explore Courses for CAT exam

Similar CAT Doubts

Top Courses for CAT

The auto fare in Ahmedabad has following formula based upon the meter reading. The meter reading is rounded up to next higher multiple of 4. For instance if the meter reading is 37 paise, it is rounded up to 40paise. The resultant is multiplied by 12. The final result is rounded off to nearest multiple of 25 paise. If 53 paise is the meter reading what will be the actual fare ?
Question Description
The auto fare in Ahmedabad has following formula based upon the meter reading. The meter reading is rounded up to next higher multiple of 4. For instance if the meter reading is 37 paise, it is rounded up to 40paise. The resultant is multiplied by 12. The final result is rounded off to nearest multiple of 25 paise. If 53 paise is the meter reading what will be the actual fare ? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about The auto fare in Ahmedabad has following formula based upon the meter reading. The meter reading is rounded up to next higher multiple of 4. For instance if the meter reading is 37 paise, it is rounded up to 40paise. The resultant is multiplied by 12. The final result is rounded off to nearest multiple of 25 paise. If 53 paise is the meter reading what will be the actual fare ? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The auto fare in Ahmedabad has following formula based upon the meter reading. The meter reading is rounded up to next higher multiple of 4. For instance if the meter reading is 37 paise, it is rounded up to 40paise. The resultant is multiplied by 12. The final result is rounded off to nearest multiple of 25 paise. If 53 paise is the meter reading what will be the actual fare ?.
Solutions for The auto fare in Ahmedabad has following formula based upon the meter reading. The meter reading is rounded up to next higher multiple of 4. For instance if the meter reading is 37 paise, it is rounded up to 40paise. The resultant is multiplied by 12. The final result is rounded off to nearest multiple of 25 paise. If 53 paise is the meter reading what will be the actual fare ? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of The auto fare in Ahmedabad has following formula based upon the meter reading. The meter reading is rounded up to next higher multiple of 4. For instance if the meter reading is 37 paise, it is rounded up to 40paise. The resultant is multiplied by 12. The final result is rounded off to nearest multiple of 25 paise. If 53 paise is the meter reading what will be the actual fare ? defined & explained in the simplest way possible. Besides giving the explanation of The auto fare in Ahmedabad has following formula based upon the meter reading. The meter reading is rounded up to next higher multiple of 4. For instance if the meter reading is 37 paise, it is rounded up to 40paise. The resultant is multiplied by 12. The final result is rounded off to nearest multiple of 25 paise. If 53 paise is the meter reading what will be the actual fare ?, a detailed solution for The auto fare in Ahmedabad has following formula based upon the meter reading. The meter reading is rounded up to next higher multiple of 4. For instance if the meter reading is 37 paise, it is rounded up to 40paise. The resultant is multiplied by 12. The final result is rounded off to nearest multiple of 25 paise. If 53 paise is the meter reading what will be the actual fare ? has been provided alongside types of The auto fare in Ahmedabad has following formula based upon the meter reading. The meter reading is rounded up to next higher multiple of 4. For instance if the meter reading is 37 paise, it is rounded up to 40paise. The resultant is multiplied by 12. The final result is rounded off to nearest multiple of 25 paise. If 53 paise is the meter reading what will be the actual fare ? theory, EduRev gives you an ample number of questions to practice The auto fare in Ahmedabad has following formula based upon the meter reading. The meter reading is rounded up to next higher multiple of 4. For instance if the meter reading is 37 paise, it is rounded up to 40paise. The resultant is multiplied by 12. The final result is rounded off to nearest multiple of 25 paise. If 53 paise is the meter reading what will be the actual fare ? tests, examples and also practice CAT tests.
Explore Courses for CAT exam

Top Courses for CAT

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev