CAT 2022 Slot 3 — QA Question 22
3 Variable EquationsEasy
A donation box can receive only cheques of â¹100, â¹250, and â¹500. On one good day, the donation box was found to contain exactly 100 cheques amounting to a total sum of â¹15250. Then, the maximum possible number of cheques of â¹500 that the donation box may have contained, is
Answer & solution
Answer: 12
Solution
Easy
Set up two equations — total count and total value — in the numbers of Rs., Rs., Rs. cheques. Eliminate one variable to get a relation between the Rs. and Rs. counts, then maximise the latter.
1
Let be the counts of Rs., Rs., Rs. cheques.
2
Eliminate : subtract (count) from (value):
3
Maximise . From , is largest when is smallest with an integer. We need ; the least valid is :
(then , so it is feasible.)
Maximum number of Rs. cheques is .