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Updated on: 23 Dec 2017, 13:12
Originally posted by piyushksharma on 08 Apr 2012, 01:49.
Last edited by Bunuel on 23 Dec 2017, 13:12, edited 5 times in total.
Last edited by Bunuel on 23 Dec 2017, 13:12, edited 5 times in total.
Edited the question
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D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
15%
(low)
Question Stats:
81% (01:44) correct
19%
(01:41)
wrong
based on 1530
sessions
History
Date
Time
Result
Not Attempted Yet
Stock / Number of shares
V ------------ 68
W ---------- 112
X ------------ 56
Y ------------ 94
Z ------------ 45
The table shows the number of shares of each of the 5 stocks owned by Mr Sami. If Mr. Sami was to sell 20 shares of Stock X and buy 24 shares of stock Y, what would be the increase in the range of the numbers of shares of the 5 stocks owned by Mr. Sami?
A. 4
B. 6
C. 9
D. 15
E. 20
The table shows the nu.png [ 406.31 KiB | Viewed 32840 times ]
V ------------ 68
W ---------- 112
X ------------ 56
Y ------------ 94
Z ------------ 45
The table shows the number of shares of each of the 5 stocks owned by Mr Sami. If Mr. Sami was to sell 20 shares of Stock X and buy 24 shares of stock Y, what would be the increase in the range of the numbers of shares of the 5 stocks owned by Mr. Sami?
A. 4
B. 6
C. 9
D. 15
E. 20
Attachment:
The table shows the nu.png [ 406.31 KiB | Viewed 32840 times ]
08 Apr 2012, 01:57
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piyushksharma
Original range = (highest #) - (lowest #) = W - Z = 112 - 45 = 67;
After selling/buying: X=56-20=36 and Y=94+24=118;
New range = (new highest #) - (new lowest #) = Y - X = 118-36 = 82;
Difference = New range - Original range = 82 - 67 = 15.
Answer: D.
General Discussion
28 Nov 2015, 16:03
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Hi All,
"Range" questions come from the broader category of statistics, which will show up a couple of times on the GMAT. The range of a group of numbers is the difference between the largest number and the smallest number.
Based on the original number of shares, the range would be: 112 - 45 = 67
However, the prompt tells us that two of the values in the table are going to change. After the changes, the values will be:
V 68
W 112
X 36
Y 118
Z 45
Now the range is 118 - 36 = 82
The INCREASE in the range requires us to compare the "new" range to the "old" range: 82 - 67 = 15
Final Answer:
GMAT assassins aren't born, they're made,
Rich
"Range" questions come from the broader category of statistics, which will show up a couple of times on the GMAT. The range of a group of numbers is the difference between the largest number and the smallest number.
Based on the original number of shares, the range would be: 112 - 45 = 67
However, the prompt tells us that two of the values in the table are going to change. After the changes, the values will be:
V 68
W 112
X 36
Y 118
Z 45
Now the range is 118 - 36 = 82
The INCREASE in the range requires us to compare the "new" range to the "old" range: 82 - 67 = 15
Final Answer:
GMAT assassins aren't born, they're made,
Rich
