Finally, we reach a point in our module where we can start solving guesstimates. We will look at solving an interesting guesstimate. Are you ready?
Let's begin.
Wasn’t that brilliant!!?
Let us walk through the entire process once more to get a clearer understanding of how Soumya solved the guesstimate.
Problem Statement - What is the cost of paint required to paint a metro?
To begin with, we will first start by understanding and clarifying a few assumptions in order to make the problem-specific. But before we do that, let us understand something else. What type of guesstimate is this?
Since we are to find the cost of paint, we need to find the area of the metro to be painted. Hence, this is most definitely a Geometry or Shape-Based Guesstimate.
Now, we move on to clarifying a few assumptions to narrow down the scope of the problem at hand.
Clarifications
Based on our clarifications, we might get the following assumptions to take forward from the interviewer.
Assumptions
Let us now move to solve. To calculate the cost of paint, we need to calculate the amount of paint. To do that, we must know the area of the surface to be painted for which we need to guesstimate the dimensions of a metro compartment.
Calculating the length
Calculating the breadth
Calculating height
Area 1 = L*B (roof - 1 per coach) = 15 * 2.5 = 30 + 7.5 = 37.5 ~ 40 square metres
Area 2= L*H (sides - 2 per coach) = 15 * 2.5 = 37.5 ~ 40 square metres
Area 3 = B*H (front and back - 2 per train) = 2.5 * 2.5 = 6.25 ~ 5 square metres
(Increasing and decreasing by similar magnitudes to make calculation easy and also keep the answer accurate)
Number of coaches = 6
Total area = A1 * 6 + A2 * 12 + A3 * 2
= 40* 6 + 40 * 12 + 5 * 2 = 240 + 480 + 10 = 730 square metres
Now to figure out how much paint is required for painting 1 sq m, you can take proxies. Imagine how much of the wall you can paint with 1l, I’m sure you must have spilt water at one point or the other, how much can a 1l water bottle cover? About 5-6 sq m? Let’s reduce it to 5 for ease of calculation and accounting for the difference viscosity in water and paint.
Hence, 1 Litre can cover 5 square metres. Therefore, 730/5 = 146 Litres of paint will be required to paint the metro.
Considering 5% of wastage, we get a rough figure of about 150 Litres.
Therefore, the total cost will be Rs 150,000.
See how easy that was when approached smartly!
Let us move to yet another example of a guesstimate to further our grip on the topic.