Study the following information carefully and answer the given question.
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.
Among the three, Neeta received the least amount in bank deposits, while Geeta received the highest. The value of the assets was distributed equally among the children, as were the gold coins.
How much did Seeta receive in bank deposits (in lakhs of rupees)?
Correct Answer :
20
Solution :
Correct Option: C
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
Given that Neeta received the least amount and Geeta received the highest amount in bank deposits. Given, all assets are equally
distributed. Hence each one should get Rs.70 lakh. Neeta should get 2 flats (Rs.60 lakh), Seetha should get the house and Geeta
should get 1 flat (Rs.30 lakh). Hence the bank deposits received by the three are Rs.10 lakh, Rs.20 lakh and Rs.40 lakh respectively.
Choice (3)
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