A person starting with Rs.64 and making 6 bets, wins three times and loses 3times, the wins and loses occurring in random order. The chance for a win is equal to the chance for a loss. If each wager is for half the money remaining at the time of the bet, then the final result is?
Choose the correct choice from the following options
A) Rs.37  B) Rs.40  C) Rs.45  D) Rs.47  E) Rs.50
As the win leads to multiplying the amount by 1.5 and loss leads to multiplying the amount by 0.5, we will multiply initial amount by 1.5 thrice and by 0.5 thrice (in any order).   The overall resultant will remain same.   So final amount with the person will be (in all cases):   =64(1.5)(1.5)(1.5)(0.5)(0.5)(0.5)==64(1.5)(1.5)(1.5)(0.5)(0.5)(0.5)= Rs 2727   Hence the final result is:   64−27=3764−27=37:   Rs.37 loss of Rs.37   Rs.37
<result>A</result>
A person starting with Rs.64 and making 6 bets, wins three times and loses 3times, the wins and loses occurring in random order. The chance for a win is equal to the chance for a loss. If each wager is for half the money remaining at the time of the bet, then the final result is?