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joe_loreto
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Post subject: In May, Xiang sold 15 used cars. For these 15 cars... Posted: Sat Oct 31, 2009 11:28 pm |
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In May, Xiang sold 15 used cars. For these 15 cars, the range of the selling price was $15,000 and the lowest selling price was $4,500. In June, Xiang sold 10 used cars. For these 10 cars, the range of the selling prices was $16,500 and the lowest selling price was $6,100. What was the range of the selling prices of the 25 used cars sold by Xiang in May and June?
a) $15,600 b) $15,750 c) $16,820 d) $18,100 e) $19,200
The correct answer was D, $18,100. Can someone please explain this to me? Thank you!
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agha79
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Post subject: Re: In May, Xiang sold 15 used cars. For these 15 cars... Posted: Tue Nov 03, 2009 8:56 am |
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I feel like there is something missing in this question. To find a range of something we need to list the numbers from lowest to highest. In the above question we are given low and high number of both May and June and asked what the range is for both months.
To find Range we will take $16,500 from June as the highest number and subtract $4,500 from it to get $12,000 as a range. (16,500 – 4,500 = 12,000). However $12,000 is not in the answer choices.
Can someone please help me understand if question is posted wrong or I am misinterpreting something and missing the obvious in my reasoning
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kartikeya.payautomata
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Post subject: Re: In May, Xiang sold 15 used cars. For these 15 cars... Posted: Fri Nov 06, 2009 2:53 am |
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First of all let us find the lowest price of the car sold in the two months period ie may and june since the least price of car sold in may is 4500 less than the least cost of the car sold in june which was 6100
so we have the lowest value in order to find the range=4500
consider the month of may range is given as 15,000 so 15000=max cost of car-least cost of a car so 15000=max cost of car-4500 so max cost of car in may=19500 similarly for june max cost of car=22600
so now we have the highest price and the lowest price so range=22600-4500=18100 ;)
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geetesht
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Post subject: Re: In May, Xiang sold 15 used cars. For these 15 cars... Posted: Sun Nov 15, 2009 1:51 pm |
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kartikeya.payautomata wrote: First of all let us find the lowest price of the car sold in the two months period ie may and june since the least price of car sold in may is 4500 less than the least cost of the car sold in june which was 6100
so we have the lowest value in order to find the range=4500
consider the month of may range is given as 15,000 so 15000=max cost of car-least cost of a car so 15000=max cost of car-4500 so max cost of car in may=19500 similarly for june max cost of car=22600
so now we have the highest price and the lowest price so range=22600-4500=18100 ;) Good work kartikeya this is exactly how i approached this problem and got the Ans as 18'100 i.e 'D'
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RonPurewal
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Post subject: Re: In May, Xiang sold 15 used cars. For these 15 cars... Posted: Fri Dec 18, 2009 5:48 am |
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