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Last month 15 homes were sold in Town X. The average(arithmetic mean)

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Joined: 29 Nov 2017
Posts: 6
Location: India
GPA: 4
Last month 15 homes were sold in Town X. The average(arithmetic mean) [#permalink]

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04 Jan 2018, 05:02
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Question Stats:

50% (02:35) correct 50% (01:23) wrong based on 4 sessions

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Last month 15 homes were sold in Town X. The average(arithmetic mean) sale price of the homes was \$150,000 and the median sale price was \$130,000. Which of the following statements must be true ?

I. At least one of the homes was sold for more than \$165,000
II. At least one of the homes was sold for more than \$130,000 and less than \$150,000.
III. At least one of the homes was sold for less than \$130,000

A) I only
B) II only
C) III only
D) I and II
E) I and III

--== Message from GMAT Club Team ==--

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Math Expert
Joined: 02 Sep 2009
Posts: 47019
Re: Last month 15 homes were sold in Town X. The average(arithmetic mean) [#permalink]

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04 Jan 2018, 05:42
TurningPages wrote:
Last month 15 homes were sold in Town X. The average(arithmetic mean) sale price of the homes was \$150,000 and the median sale price was \$130,000. Which of the following statements must be true ?

I. At least one of the homes was sold for more than \$165,000
II. At least one of the homes was sold for more than \$130,000 and less than \$150,000.
III. At least one of the homes was sold for less than \$130,000

A) I only
B) II only
C) III only
D) I and II
E) I and III

Discussed here: https://gmatclub.com/forum/last-month-1 ... 28477.html

Hope it helps.
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Math Expert
Joined: 02 Sep 2009
Posts: 47019
Re: Last month 15 homes were sold in Town X. The average(arithmetic mean) [#permalink]

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04 Jan 2018, 08:02
TurningPages wrote:
Last month 15 homes were sold in Town X. The average(arithmetic mean) sale price of the homes was \$150,000 and the median sale price was \$130,000. Which of the following statements must be true ?

I. At least one of the homes was sold for more than \$165,000
II. At least one of the homes was sold for more than \$130,000 and less than \$150,000.
III. At least one of the homes was sold for less than \$130,000

A) I only
B) II only
C) III only
D) I and II
E) I and III

Please search before posting. Thank you.

--== Message from GMAT Club Team ==--

This is not a quality discussion. It has been retired.

If you would like to discuss this question please re-post it in the respective forum. Thank you!

To review the GMAT Club's Forums Posting Guidelines, please follow these links: Quantitative | Verbal Please note - we may remove posts that do not follow our posting guidelines. Thank you.

_________________
Re: Last month 15 homes were sold in Town X. The average(arithmetic mean)   [#permalink] 04 Jan 2018, 08:02
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