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At a casino in Mumbai, there are 3 table...

At a casino in Mumbai, there are 3 tables A, B and C. The pay offs at A is 10:1 at B is 20:1 and at C is 30:1.If a man bets Rs. 200 at each table and with at two of the tables, what is the maximum and minimum difference between his earnings can be?

A

Rs. 2500

B

Rs. 2000

C

Rs. 4000

D

None of these

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The correct Answer is:
To solve the problem, we need to calculate the maximum and minimum difference between the earnings of a man who bets Rs. 200 at each of the three tables (A, B, and C) with different payoffs. ### Step-by-Step Solution: 1. **Understanding the Payoffs**: - Table A: Payoff is 10:1 - Table B: Payoff is 20:1 - Table C: Payoff is 30:1 2. **Calculating Potential Earnings**: - If the man bets Rs. 200 at each table: - If he wins at Table A: Earnings = 10 * Rs. 200 = Rs. 2000 - If he wins at Table B: Earnings = 20 * Rs. 200 = Rs. 4000 - If he wins at Table C: Earnings = 30 * Rs. 200 = Rs. 6000 3. **Calculating Losses**: - If he loses at a table, he loses the amount he bet, which is Rs. 200. 4. **Finding Maximum Earnings**: - The maximum earnings occur when he wins at the two highest payout tables (B and C) and loses at A. - Earnings from B = Rs. 4000 - Earnings from C = Rs. 6000 - Loss from A = Rs. 200 - Total Maximum Earnings = Rs. 4000 + Rs. 6000 - Rs. 200 = Rs. 9800 5. **Finding Minimum Earnings**: - The minimum earnings occur when he wins at the lowest payout table (A) and loses at the highest payout tables (B and C). - Earnings from A = Rs. 2000 - Loss from B = Rs. 200 - Loss from C = Rs. 200 - Total Minimum Earnings = Rs. 2000 - Rs. 200 - Rs. 200 = Rs. 1600 6. **Calculating the Difference**: - The difference between maximum and minimum earnings = Rs. 9800 - Rs. 1600 = Rs. 8200. ### Final Answer: The maximum difference between his earnings can be Rs. 8200.
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