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One thing I have noticed in these types of remainder questions is that, when the constraints are not given option E is almost always right.

Had they given a constraint like no of people donot exceed 10, then we can do the calc as below and arrive at option C
3x+2 (2,5,8,11..)
4y+1(1,5,9,13..)

Thanks
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At a carnival, how many people are currently waiting for the Ferris wheel?

(1) If an equal number of people were waiting for the Ferris wheel in 3 lines, 2 would be left over.
(2) If an equal number of people were waiting for the Ferris wheel in 4 lines, 1 would be left over.

Explanation:

Let the total number of people currently waiting for the Ferris wheel be N.
We need to find whether the value of N can be determined.

Statement (1)

N = 3p + 2, where p is some non-negative integer. (Equation I)

Possibility 1: If p = 1, then N = 5.
Possibility 2: If p = 2, then N = 8.

It is NOT possible to determine with certainty the value of N. Hence, Statement (1) is insufficient.

Statement (2)

N = 4q + 1, where q is some non-negative integer. (Equation II)

Possibility 1: If q = 1, then N = 5.
Possibility 2: If q = 2, then N = 9.

It is NOT possible to determine with certainty the value of N. Hence, Statement (2) is insufficient.

As Statement (1) alone as well as Statement (2) alone is insufficient to answer the question, we need to now combine the two statements.

Statement (1) and Statement (2) combined

N = 5 is the first common term that satisfies both Equation I and Equation II.
Also, any value of the form “k x LCM(3,4) + First common term”, such as 17, 29, and 41 will also satisfy both Equation I and Equation II.

It is NOT possible to determine with certainty the value of N. Hence, Statement (1) and Statement (2) combined are insufficient.

E is the correct answer choice.
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