Stock Optimization and Percentage Sales
CAT 2023 Slot 3 · Quantitative Ability · Medium · Arithmetic
This is a medium Quantitative Ability question from the CAT 2023 Slot 3 paper. It tests Arithmetic. The full answer key and a step-by-step explanation are below — try it yourself first, then reveal the solution.
A fruit seller has a stock of mangoes, bananas and apples with at least one fruit of each type. At the beginning of a day, the number of mangoes make up 40% of his stock. That day, he sells half of the mangoes, 96 bananas and 40% of the apples. At the end of the day, he ends up selling 50% of the fruits. The smallest possible total number of fruits in the stock at the beginning of the day is
340
Explanation
Let total initial stock = . , , and are the number of mangoes, bananas, and apples. .
Fruits sold:
- Mangoes sold =
- Bananas sold = 96
- Apples sold =
Total sold = :
For to be an integer, must be a multiple of 3. Since of apples are sold, must be an integer, so must also be a multiple of 5. Thus, must be a multiple of 15.
Also, initial bananas (since 96 bananas are sold):
To minimize , we minimize . Smallest positive multiple of 15 for is .
Smallest possible .
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