Puzzle 3) Cab and its Rates

Puzzle

In Gwalior city a new cab company formed. This cab company has its own methodology to calculate the amount. The cab in Gwalior has following formula based upon its meter reading. The meter reading is rounded up to the next higher multiple of 4. For instance, if the meter reading is 39 paisa, then it is rounded up to 40 paisa. The resultant is multiplied by 12. The final result is round off to the nearest multiple of 25 paisa. Now you have to tell that if 45 paisaare meter reading of cab then how much amount customer have to pay.

Important points of puzzle:

1. A new cab company formed in Gwalior city.
2. This company has its own methodology to calculate amount based upon its meter reading.
3. The meter reading is rounded up to next higher multiple of 4.
4. Resultant multiplied by 12.
5. The final result is round off to nearest multiple of 25 paisa.
6. Now you have to tell that is 45 paisa is meter reading then how much amount should be paid.

Answer

The amount is 5.75Rs or 575 paisa.

Reason

The meter reading is 45 and the next multiple of 4 is 48 so reading is converted to 48. Now 48 is multiplied by 12 and the result is 576. Now he nearest multiple of 25 is 575. Hence, the result is 575 paisa or 5.75Rs.