Hi All,
We're told that three houses are being sold. We're asked for the price with the second-largest asking price. This DS question can be solved by TESTing VALUES.
1) The difference between the greatest and the least asking price is $130,000.
IF....
The largest price = $200,000
Then the least price = $70,000
Then the 2nd-largest price could be ANY value between those two.
Fact 1 is INSUFFICIENT
2) The difference between the two greater asking prices is $85,000.
IF....
The largest price = $200,000
Then the 2nd-largest price = $115,000
IF....
The largest price = $210,000
Then the 2nd-largest price = $125,000
Fact 2 is INSUFFICIENT
Combined, we have an unlimited number of possible outcomes, including two that we've already noted above (with the least price included):
IF....
The largest price = $200,000
Then the 2nd-largest price = $115,000
Then the least price = $70,000
IF....
The largest price = $210,000
Then the 2nd-largest price = $125,000
Then the least price = $80,000
Combined, INSUFFICIENT
Final Answer:
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Rich
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