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Is the total price of the three products more than $8.5?
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31 Jan 2024, 02:30
31 Jan 2024, 02:30
Expert Reply
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A
B
C
D
E
Difficulty:
45%
(medium)
Question Stats:
60% (00:59) correct
40%
(00:58)
wrong
based on 52
sessions
Is the total price of the three products more than $8.5?
(1) The lowest price among the three products is $2.9.
(2) The second-highest price of the three products is $4.3.
(1) The lowest price among the three products is $2.9.
(2) The second-highest price of the three products is $4.3.
Is the sum of the selling prices of the 3 products greater than $8.5?
1) The lowest selling price of the 3 products is $2.9
2) The 2nd highest selling price of the 3 products is $4.3
1) The lowest selling price of the 3 products is $2.9
2) The 2nd highest selling price of the 3 products is $4.3
Re: Is the total price of the three products more than $8.5?
[#permalink]
31 Jan 2024, 03:01
31 Jan 2024, 03:01
1
Kudos
The answer to this question is Option (D)
If we consider just option (A), then the value of the lowest commodity is 2.9. If we assume the next values to be 2.901 & 2.902 we find out that their sums exceed 8.5.
If we consider just option (B) alone then since the second largest value is 4.3 & we assume the next highest value is 4.31, the sum of both these values comes out to exceed 8.5 without even considering the value of the lowest priced item
Hence since we can determine the answer through both options alone, the answer is option (D)
Posted from my mobile device
If we consider just option (A), then the value of the lowest commodity is 2.9. If we assume the next values to be 2.901 & 2.902 we find out that their sums exceed 8.5.
If we consider just option (B) alone then since the second largest value is 4.3 & we assume the next highest value is 4.31, the sum of both these values comes out to exceed 8.5 without even considering the value of the lowest priced item
Hence since we can determine the answer through both options alone, the answer is option (D)
Posted from my mobile device
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Joined: 11 Jan 2024
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Re: Is the total price of the three products more than $8.5?
[#permalink]
31 Jan 2024, 05:53
31 Jan 2024, 05:53
1
Kudos
Correct should be Option D
Let's analyse
Statement 1:
Lowest price is $2.9.
So prices of other 2 products could be $2.91 and $2.92
Sum of prices = $(2.9+2.91+2.92)=$8.73 > $8.5
Statement 2:
2nd highest price is $4.3
Suppose lowest price is $0.01 and highest price is $4.301
Total price sums up to be $(0.01+4.3+4.31) = $ 8.62 > $8.5
So both are individually sufficient
Correct Option should be D.
Way to think it quickly
if lowest is 2.9, the sum is bound to be at least (2.9 *3)=8.7
and if 1nd highest is 4.3, sum is bound to be at least 0+(2*4.3)=8.6
both are >8.5
Let's analyse
Statement 1:
Lowest price is $2.9.
So prices of other 2 products could be $2.91 and $2.92
Sum of prices = $(2.9+2.91+2.92)=$8.73 > $8.5
Statement 2:
2nd highest price is $4.3
Suppose lowest price is $0.01 and highest price is $4.301
Total price sums up to be $(0.01+4.3+4.31) = $ 8.62 > $8.5
So both are individually sufficient
Correct Option should be D.
Way to think it quickly
if lowest is 2.9, the sum is bound to be at least (2.9 *3)=8.7
and if 1nd highest is 4.3, sum is bound to be at least 0+(2*4.3)=8.6
both are >8.5
