$N$ number of persons decided to raise ₹ 3 lakhs by equal contributions from each. Had they contributed ₹ 50 each extra, the contribution would have been ₹ 3.25 lakhs. How many persons are there?
Aptitude
Simplification
Difficulty: Medium
Choose an option
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A400
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B450
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C600
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DCannot be determined
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ENone of these
Answer
Correct Answer: None of these
Explanation
### Concept & Logic
This problem is based on basic algebraic formulation. The total contribution is the product of the number of persons and the contribution per person.
We can set up a relationship based on the difference in the total amount collected.
### Step-by-Step Solution
* **Given:** Initial total target is ₹ 3,00,000. If each person contributes ₹ 50 extra, the new total becomes ₹ 3,25,000.
* **Calculation:** Let the initial contribution per person be $C$.
* From the initial condition:
$$N \times C = 300000$$
* From the changed condition:
$$N \times (C + 50) = 325000$$
* Expand the second equation:
$$N \times C + 50N = 325000$$
* Substitute the value of $N \times C$ from the first equation:
$$300000 + 50N = 325000$$
$$50N = 25000$$
$$N = 500$$
### Exam Strategy & Shortcut
Instead of writing full equations, look at the net difference. The extra total amount collected is ₹ 3,25,000 - ₹ 3,00,000 = ₹ 25,000. This extra amount comes purely from every person giving ₹ 50 extra. Therefore, the number of persons must be $25000 / 50 = 500$. Since 500 is not in the options, select "None of these".
### Common Pitfall
Students often waste time trying to find the individual contribution $C$ instead of isolating $N$, or they might guess "Cannot be determined" simply because 500 is missing from the explicit numerical choices.
### Final Answer
**Therefore, the correct answer is None of these.**