Read the following and answer the questions that follow
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.
[CAT 2008]
3) Which of the following cannot be true?
(1) At least two horses finished before Spotted
(2) Red finished last
(3) There were three horses between Black and Spotted
(4) There were three horses between White and Red
(5) Grey came in second
4) Suppose, in addition, it is known that Grey came in fourth. Then which of the following cannot be true?
(1) Spotted came in first
(2) Red finished last
(3) White came in second
(4) Black came in second
(5) There was one horse between Black and White
Solution
Case Solution
Amount invested by Raju = 3000 + 2000 + 1000 = 6000
Let us form a table for the position of horses where Raju will end up with no profit and no loss.
Raju bets Rs. 3000, Rs. 2000, Rs. 1000 on Red, White and Black.

3 scenarios are possible, where Raju will end up with no profit and no loss.
In Scenario 1, Red/Black can only be in positions 4 and 5.
In Scenario 2, White can only be in either position 4 or 5.
In Scenario 3, Red can only be in either position 4 or 5.
3) Let us consider the options.
Option (1) – possible in all the scenarios.
Option (2) – possible in scenario 1.
Option (3) – possible in scenario 1, if Black finishes 3rd and Spotted finishes 1st.
Option (4) – not possible in any of the three scenarios. Therefore, this is the answer.
Option (5) – possible in scenario 3.
Answer: (4) There were three horses between White and Red
4) If Grey came 4th, then scenario 1 is not possible and we can completely fill the remaining table for the other 2 scenarios.

From the above table, only option (3) is not possible, which is the correct choice.
Answer: (3) White came in second
Answer:
3) (4) There were three horses between White and Red
4) (3) White came in second