Question

Directions for next TWO Questions:

Razputin has Rs. 6000 with him, which he decided to bet on 3 horses that are participating in a race. There are 5 horses participating in the race - Al, Bo, Ce, Di, and En. As per the rules of betting, the person betting on the winning horse gets four times the bet amount and those betting on the horse that came in second gets three times the bet amount. Moreover, the bet amount is returned in case the horse comes in third, and for the rest of the places, the person loses the bet amount. Razputin decided to bet Rs. 3000, Rs. 2000, and Rs. 1000 on Al, Bo and Di respectively. After the race, he notices that he ended up with no profit or loss.

• A. At least two horses finished before En
• B. Al finished last
• C. Ce came in second
• D. There were three horses between Bo and Al

Answer 1

The correct option is D There were three horses between Bo and Al

Total money he invested in the race is Rs. 6000. SO, in order to make no profit and incur no loss, the return from the race should also be Rs. 6000
Possible cases are = 2000*3; [(1000*4) + (2000*1)]; [(1000*3)+(3000*1)]
From the above data, the possible positions of the horses can be as follows:

Horse	Case I	Case II	Case III
Al (Rs. 3000)	4/5	4/5	3
Bo (Rs. 2000)	2	3	4/5
Ce	1/3	2/4/5	1/4/5
Di (Rs. 1000)	4/5	1	2
En	1/3	2/4/5	1/4/5

Option d requires Bo and Al to finish 1st and 5th (not necessarily in that order), which is not a possibility.