In May Xiang sold 15 cars, for these 15 cars the range of selling price was ,$15000 & lowest selling price was 4500. In June Xiang sold 10 used cars. For these 10 cars the range of selling price was $16,500 & lowest selling price was $6,100. What was range of selling prices of the 25 used cars sold by Xiang in May & June??..
Answer is :$18,100. How???...
Thanks
Range
This topic has expert replies
-
- Legendary Member
- Posts: 1448
- Joined: Tue May 17, 2011 9:55 am
- Location: India
- Thanked: 375 times
- Followed by:53 members
Hi,
Range = Highest price - lowest price.
For May,
15000 = Highest price in May - 4500.
So, Highest price in May = 19,500
For June,
16500 = Highest price in June - 6100
So, Highest price in June = 22,600
For the period of May and June, Highest price is 22,600 and lowest price is 4,500
So, Range = 22,600 - 4500 = 18,100$
Range = Highest price - lowest price.
For May,
15000 = Highest price in May - 4500.
So, Highest price in May = 19,500
For June,
16500 = Highest price in June - 6100
So, Highest price in June = 22,600
For the period of May and June, Highest price is 22,600 and lowest price is 4,500
So, Range = 22,600 - 4500 = 18,100$
Cheers!
Things are not what they appear to be... nor are they otherwise
Things are not what they appear to be... nor are they otherwise
- testprepDublin
- Junior | Next Rank: 30 Posts
- Posts: 23
- Joined: Fri Jun 03, 2011 6:44 am
- Location: Dublin, Ireland
- Thanked: 8 times
- Followed by:1 members
- GMAT Score:750
Information we were given:
Lowest in May: $4,500. Range in May: $15,000. Lowest in June: $6,100. Range in June: $16,500.
We want to find the highest in each month:
Highest in May = $4,500+$15,000=$19,500. Highest in June = $6,100+$16,500=$22,600.
Now, using the highest and lowest prices over the two months we can find the overall range:
Lowest in May and June = $4,500. Highest in May and June = $22,600.
Range in May and June = $22,600-$4,500=$18,100.
Lowest in May: $4,500. Range in May: $15,000. Lowest in June: $6,100. Range in June: $16,500.
We want to find the highest in each month:
Highest in May = $4,500+$15,000=$19,500. Highest in June = $6,100+$16,500=$22,600.
Now, using the highest and lowest prices over the two months we can find the overall range:
Lowest in May and June = $4,500. Highest in May and June = $22,600.
Range in May and June = $22,600-$4,500=$18,100.
Deirdre at testprepdublin.com