Five horses, Red, White, Grey, Black and Spotted participated in a race. As per the rules of the race, the persons betting on the winning horse get four times the bet amount and those betting on the horse that came in second get thrice the bet amount ?->(Show Answer!)

1. Five horses, Red, White, Grey, Black and Spotted participated in a race. As per the rules of the race, the persons betting on the winning horse get four times the bet amount and those betting on the horse that came in second get thrice the bet amount. Moreover, the bet amount is returned to those betting on the horse that came in third, and the rest lose the bet amount. Raju bets Rs. 3000, Rs. 2000 and Rs. 1000 on Red, White and Black horses respectively and ends up with no profit and no loss.Which of the following cannot be true?

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By: anil on 05 May 2019 02.29 am

In total Raju bets 6000Rs and ends up with no profit - no loss. So there are 3 possibilities.
1) White comes 2nd, Black comes 4th and Red comes 5th.
2) Black comes 1st, White comes 3rd and Red comes 4th or 5th.
3) Black comes 2nd, Red comes 3rd and White comes 4th or 5th. So there can never be 3 horses between white and red according to above to possibilities. Hence option D cannot be true.

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