Question

This topic has expert replies
User avatar
Senior | Next Rank: 100 Posts
Posts: 74
Joined: Tue Nov 09, 2010 11:33 pm

Question

by sukh » Wed Nov 09, 2011 4:05 am
Is the average price of 10 items of which no two cost the same. If each of the cheapest 5 items loses 10% in price while each of the most expensive 5 items gains 10% in price, which of the following is possible about ? I. will decrease II. will not change III. will increase (A) III only (B) I and II only (C) I and III only (D) II and III only (E) I, II, and III

Legendary Member
Posts: 966
Joined: Sat Jan 02, 2010 8:06 am
Thanked: 230 times
Followed by:21 members

by shankar.ashwin » Wed Nov 09, 2011 4:16 am
Smaller sum loses 10% and a larger sum gains 10%. Therefore gain > loss.

Should be III alone IMO. A IMO