At a financial trading firm, incoming trade orders pass through a three-stage automated verification pipeline:
1. In Stage 1, of all incoming orders are rejected as invalid, and of the remaining valid orders are flagged for manual review.
2. In Stage 2, of the orders that were cleared directly without manual review, are executed immediately, while the rest are placed in a waiting queue.
3. In Stage 3, of the queued orders are processed, leaving the remaining queued orders unprocessed.
If exactly queued orders remain unprocessed at the end of Stage 3, how many incoming orders were flagged for manual review in Stage 1?
- A100
- 150Answer
- C180
- D200
- E225
Answer
150 orders were flagged for manual review in Stage 1.
Let represent the total number of incoming trade orders. In Stage 1, after orders are rejected, remain. Flagging of these remaining valid orders means orders are flagged for manual review, leaving orders cleared directly. In Stage 2, of the cleared orders enter the queue, which equals . In Stage 3, of the queued orders remain unprocessed, giving . Setting yields . The number of orders flagged for manual review is .
Step-by-Step Solution
Key Concept
Multi-step fraction calculations involving fractions of remaining quantities and working backward from a known part to the whole.