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The 15 homes in a new development are each to be sold for one of three different prices so that the developer receives a

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by M7MBA » Sat Sep 11, 2021 2:07 pm
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The 15 homes in a new development are each to be sold for one of three different prices so that the developer receives an average (arithmetic mean) of $200,000 per home. If 4 of the homes are to be sold for $170,000 each and 5 are to be sold for $200,000 each, what will be the selling price of each of the remaining 6 homes?

A. $200,000
B. $210,000
C. $215,000
D. $220,000
E. $230,000

Answer: D

Source: GMAT Prep
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