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# Of the 200 items sold, 16.5% have a price higher than \$ 40,

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Senior Manager
Joined: 08 Aug 2005
Posts: 251

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Of the 200 items sold, 16.5% have a price higher than \$ 40, [#permalink]

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09 Aug 2006, 02:59
This topic is locked. If you want to discuss this question please re-post it in the respective forum.

Of the 200 items sold, 16.5% have a price higher than \$ 40, 1/3 of them higher than \$35 are higher than \$40. which of the following could be the median price of all items?

I 34
II 35
III 36

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VP
Joined: 29 Dec 2005
Posts: 1337

Kudos [?]: 70 [0], given: 0

Re: Price of the items [#permalink]

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09 Aug 2006, 09:26
It should be I and II however little unclear on red part.

getzgetzu wrote:
Of the 200 items sold, 16.5% have a price higher than \$ 40, 1/3 of them higher than \$35 are higher than \$40. which of the following could be the median price of all items?

I 34
II 35
III 36

hey buddy, you always post lots of questions at a time and never post OA. by posting OA, you are fulfilling your responsibility as an originator of the question.

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CEO
Joined: 20 Nov 2005
Posts: 2892

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Schools: Completed at SAID BUSINESS SCHOOL, OXFORD - Class of 2008

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09 Aug 2006, 09:45
Yes... unclear question. 1/3 of what????
_________________

SAID BUSINESS SCHOOL, OXFORD - MBA CLASS OF 2008

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VP
Joined: 29 Dec 2005
Posts: 1337

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09 Aug 2006, 10:21
ps_dahiya wrote:
Yes... unclear question. 1/3 of what????

but it doesnot matter whether it is of 200 or of 33 (i.e. 16.5% of 200) because the total wont be greater than 100, making the median 35 or <35. so the poosible median(s) is/are 35 and 34..

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Manager
Joined: 31 Jul 2006
Posts: 230

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09 Aug 2006, 10:47
33 items have price greater than \$40.

1/3 of the number of items greater than \$35 have price greater than \$40.

Thus, total number of items with price above \$35 is 3*33 i.e. 99
So, 101 items below the price of \$36.

Thus, the median can be, as Professor said \$34 or \$35.

Good question though!

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09 Aug 2006, 10:47
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# Of the 200 items sold, 16.5% have a price higher than \$ 40,

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