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natural numbers from 1 to 100 are arranged on a circle

Source: Russian Olympiad 2004, problem 9.7

May 3, 2004
combinatorics unsolvedcombinatorics

Problem Statement

The natural numbers from 1 to 100 are arranged on a circle with the characteristic that each number is either larger as their two neighbours or smaller than their two neighbours. A pair of neighbouring numbers is called "good", if you cancel such a pair, the above property remains still valid. What is the smallest possible number of good pairs?