40 items arranged in 5 rows and 8 columns, price of each item is not known and we need to find the average price of all 40 items.
Statement 1: X1+X2+X3+X4+X5 = 850
X1 is the average of 8 items in row 1, X2 is the average of 8 items in row 2, and on it goes.
Hence, total price of items in row 1 = 8X1.
Similarly, we can do it for the other 4 rows.
Therefore, Price of all 40 items = 8(X1+X2+X3+X4+X5) = 8*850 = $6,800
Average price of all 40 items = $6,800/40 = $170
Statement 1 is sufficient.
Statement 2: Y1+Y2+...+Y8=$1,360
Similar to the last statement, Y1 is the average of 5 items in column 1, Y2 is the average of the 5 items in column 2, and so on.
Hence, total price of items in column 1 = 5Y1.
Similarly, we can do it for the other 7 columns.
Therefore, Price of all 40 items = 5(Y1+Y2+...+Y8) = 5*1,360 = $6,800
Average price of all 40 items = $6,800/40 = $170
Statement 2 is also sufficient.
Answer = D