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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.
The value of the assets distributed among Neeta, Seeta and Geeta was in the ratio of 1:2:3, while the gold coins were distributed among them in the ratio of 2:3:4. One child got all three flats and she did not get the house. One child, other than Geeta, got Rs. 30 lakh in bank deposits.
How much did Geeta get in bank deposits (in lakhs of rupees)?
Correct answer is '20'. 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...
Total amount distributed by the old woman = Rs.70 lakh (bank deposits) + Rs.50 lakh (House) + Rs.90 lakhs (3 flats) i.e Rs.210 lakhs + Gold coins worth Rs.1 lakh each
Ratio of distributed gold coins = 2 : 3 : 4,
Ratio of total assets distributed = 1:2:3
From both the ratios, we can see that
Seeta received 1/3 of the total property and 1/3 of the gold coins. This means her share is 1/3 (Bank deposits + house + flats) = Rs.70 lakhs.
Also, one child got all the three flats but not the house. One child other than Geeta got Rs.30 lakhs in bank deposits.
From this we can conclude that Seeta cannot get all the three flats. As her share is Rs.70 lakhs + 1/3 (gold coins).
So, Seeta should receive one house and bank deposits of Rs.20 lakhs. This implies Neeta should get Rs.30 lakhs in bank deposits. Hence Geeta should get Rs.20 lakhs in bank deposits.
Ratio of distributed gold coins = 2 : 3 : 4,
Ratio of total assets distributed = 1:2:3
From both the ratios, we can see that
Seeta received 1/3 of the total property and 1/3 of the gold coins. This means her share is 1/3 (Bank deposits + house + flats) = Rs.70 lakhs.
Also, one child got all the three flats but not the house. One child other than Geeta got Rs.30 lakhs in bank deposits.
From this we can conclude that Seeta cannot get all the three flats. As her share is Rs.70 lakhs + 1/3 (gold coins).
So, Seeta should receive one house and bank deposits of Rs.20 lakhs. This implies Neeta should get Rs.30 lakhs in bank deposits. Hence Geeta should get Rs.20 lakhs in bank deposits.
Most Upvoted Answer
An old woman had the following assets:(a) Rs. 70 lakh in bank deposits...
Given Information:
An old woman has 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 wants to distribute her assets among her three children; Neeta, Seeta, and Geeta.
Constraints:
1. The house, any of the flats, or any of the coins cannot be split.
2. The house goes entirely to one child.
3. A flat goes to one child.
4. A gold coin goes to one child.
Ratio of Distribution:
The value of the assets distributed among Neeta, Seeta, and Geeta is in the ratio of 1:2:3.
The gold coins are distributed among them in the ratio of 2:3:4.
Given Conditions:
1. One child gets all three flats.
2. One child, other than Geeta, gets Rs. 30 lakh in bank deposits.
Solution:
Let's assume that the value of each gold coin is 'x' lakhs.
Therefore, the total value of gold coins is:
2x + 3x + 4x = 9x lakhs
According to the given ratio, the total value of assets is:
1 + 2 + 3 = 6 units
So, the value of each unit is:
Total value of assets / Total units = 9x / 6 = 3x / 2 lakhs
Distribution of Assets:
1. House: Since the house goes entirely to one child, the value of the house is 3x / 2 lakhs.
2. Flats: One child gets all three flats, so the value of the flats is 3 * 3x / 2 = 9x / 2 lakhs.
3. Bank Deposits: One child, other than Geeta, gets Rs. 30 lakh in bank deposits. Let's assume this child is Neeta.
So, Neeta gets 30 lakhs, Seeta gets 2 * 30 = 60 lakhs, and Geeta gets 3 * 30 = 90 lakhs.
Therefore, the total value of bank deposits is 30 + 60 + 90 = 180 lakhs.
Given Conditions:
1. Geeta did not get the house.
2. One child got all three flats.
Since Geeta did not get the house, the value of the house is not included in Geeta's assets. Therefore, the value of Geeta's assets is the sum of her share in flats, gold coins, and bank deposits.
The total value of assets distributed among Neeta, Seeta, and Geeta is in the ratio of 1:2:3. So, the ratio of their bank deposits will also be in the same ratio.
Let's assume Geeta's share in bank deposits is 'k' lakhs.
Therefore, the ratio of Neeta:Seeta:Geeta in bank deposits is:
1:k:3k
According to the given conditions, one child, other than Geeta, gets Rs. 30 lakh in bank deposits. Let's assume this child
An old woman has 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 wants to distribute her assets among her three children; Neeta, Seeta, and Geeta.
Constraints:
1. The house, any of the flats, or any of the coins cannot be split.
2. The house goes entirely to one child.
3. A flat goes to one child.
4. A gold coin goes to one child.
Ratio of Distribution:
The value of the assets distributed among Neeta, Seeta, and Geeta is in the ratio of 1:2:3.
The gold coins are distributed among them in the ratio of 2:3:4.
Given Conditions:
1. One child gets all three flats.
2. One child, other than Geeta, gets Rs. 30 lakh in bank deposits.
Solution:
Let's assume that the value of each gold coin is 'x' lakhs.
Therefore, the total value of gold coins is:
2x + 3x + 4x = 9x lakhs
According to the given ratio, the total value of assets is:
1 + 2 + 3 = 6 units
So, the value of each unit is:
Total value of assets / Total units = 9x / 6 = 3x / 2 lakhs
Distribution of Assets:
1. House: Since the house goes entirely to one child, the value of the house is 3x / 2 lakhs.
2. Flats: One child gets all three flats, so the value of the flats is 3 * 3x / 2 = 9x / 2 lakhs.
3. Bank Deposits: One child, other than Geeta, gets Rs. 30 lakh in bank deposits. Let's assume this child is Neeta.
So, Neeta gets 30 lakhs, Seeta gets 2 * 30 = 60 lakhs, and Geeta gets 3 * 30 = 90 lakhs.
Therefore, the total value of bank deposits is 30 + 60 + 90 = 180 lakhs.
Given Conditions:
1. Geeta did not get the house.
2. One child got all three flats.
Since Geeta did not get the house, the value of the house is not included in Geeta's assets. Therefore, the value of Geeta's assets is the sum of her share in flats, gold coins, and bank deposits.
The total value of assets distributed among Neeta, Seeta, and Geeta is in the ratio of 1:2:3. So, the ratio of their bank deposits will also be in the same ratio.
Let's assume Geeta's share in bank deposits is 'k' lakhs.
Therefore, the ratio of Neeta:Seeta:Geeta in bank deposits is:
1:k:3k
According to the given conditions, one child, other than Geeta, gets Rs. 30 lakh in bank deposits. Let's assume this child
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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.The value of the assets distributed among Neeta, Seeta and Geeta was in the ratio of 1:2:3, while the gold coins were distributed among them in the ratio of 2:3:4. One child got all three flats and she did not get the house. One child, other than Geeta, got Rs. 30 lakh in bank deposits.How much did Geeta get in bank deposits (in lakhs of rupees)?Correct answer is '20'. 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.The value of the assets distributed among Neeta, Seeta and Geeta was in the ratio of 1:2:3, while the gold coins were distributed among them in the ratio of 2:3:4. One child got all three flats and she did not get the house. One child, other than Geeta, got Rs. 30 lakh in bank deposits.How much did Geeta get in bank deposits (in lakhs of rupees)?Correct answer is '20'. 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.The value of the assets distributed among Neeta, Seeta and Geeta was in the ratio of 1:2:3, while the gold coins were distributed among them in the ratio of 2:3:4. One child got all three flats and she did not get the house. One child, other than Geeta, got Rs. 30 lakh in bank deposits.How much did Geeta get in bank deposits (in lakhs of rupees)?Correct answer is '20'. 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.The value of the assets distributed among Neeta, Seeta and Geeta was in the ratio of 1:2:3, while the gold coins were distributed among them in the ratio of 2:3:4. One child got all three flats and she did not get the house. One child, other than Geeta, got Rs. 30 lakh in bank deposits.How much did Geeta get in bank deposits (in lakhs of rupees)?Correct answer is '20'. 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.The value of the assets distributed among Neeta, Seeta and Geeta was in the ratio of 1:2:3, while the gold coins were distributed among them in the ratio of 2:3:4. One child got all three flats and she did not get the house. One child, other than Geeta, got Rs. 30 lakh in bank deposits.How much did Geeta get in bank deposits (in lakhs of rupees)?Correct answer is '20'. 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.The value of the assets distributed among Neeta, Seeta and Geeta was in the ratio of 1:2:3, while the gold coins were distributed among them in the ratio of 2:3:4. One child got all three flats and she did not get the house. One child, other than Geeta, got Rs. 30 lakh in bank deposits.How much did Geeta get in bank deposits (in lakhs of rupees)?Correct answer is '20'. 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.The value of the assets distributed among Neeta, Seeta and Geeta was in the ratio of 1:2:3, while the gold coins were distributed among them in the ratio of 2:3:4. One child got all three flats and she did not get the house. One child, other than Geeta, got Rs. 30 lakh in bank deposits.How much did Geeta get in bank deposits (in lakhs of rupees)?Correct answer is '20'. 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.The value of the assets distributed among Neeta, Seeta and Geeta was in the ratio of 1:2:3, while the gold coins were distributed among them in the ratio of 2:3:4. One child got all three flats and she did not get the house. One child, other than Geeta, got Rs. 30 lakh in bank deposits.How much did Geeta get in bank deposits (in lakhs of rupees)?Correct answer is '20'. 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.The value of the assets distributed among Neeta, Seeta and Geeta was in the ratio of 1:2:3, while the gold coins were distributed among them in the ratio of 2:3:4. One child got all three flats and she did not get the house. One child, other than Geeta, got Rs. 30 lakh in bank deposits.How much did Geeta get in bank deposits (in lakhs of rupees)?Correct answer is '20'. 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.The value of the assets distributed among Neeta, Seeta and Geeta was in the ratio of 1:2:3, while the gold coins were distributed among them in the ratio of 2:3:4. One child got all three flats and she did not get the house. One child, other than Geeta, got Rs. 30 lakh in bank deposits.How much did Geeta get in bank deposits (in lakhs of rupees)?Correct answer is '20'. 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.The value of the assets distributed among Neeta, Seeta and Geeta was in the ratio of 1:2:3, while the gold coins were distributed among them in the ratio of 2:3:4. One child got all three flats and she did not get the house. One child, other than Geeta, got Rs. 30 lakh in bank deposits.How much did Geeta get in bank deposits (in lakhs of rupees)?Correct answer is '20'. 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.The value of the assets distributed among Neeta, Seeta and Geeta was in the ratio of 1:2:3, while the gold coins were distributed among them in the ratio of 2:3:4. One child got all three flats and she did not get the house. One child, other than Geeta, got Rs. 30 lakh in bank deposits.How much did Geeta get in bank deposits (in lakhs of rupees)?Correct answer is '20'. Can you explain this answer? tests, examples and also practice CAT tests.
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