This is a ‘Could be’ type of question. So, the best approach would be to take simple values to make a statement true, ONCE. Any statement that is true once, ‘Could be’ true.
From the question stem, we know that we have four buildings, each of age 2 years. To find the average age of the buildings, we can use the equation,
Average age of the buildings = \(\frac{Sum of ages of all buildings}{Number of buildings}\).
We know that the average age of the buildings is greater than 40 years and also that none of the buidlings are more than 80 years old. So, 80 is the upper bound for us.
We are trying to find a possible number of buildings on one city block.
Let’s try and see if we can make statement I true. Statement I says that there could be 8 buildings on the block.
We already know that 4 of these 8 buildings are 2 years old. So, the sum of ages of these buildings is 8 years. If we take the other 4 buildings to be 80 years old, we get 320 years as the sum of ages of these buildings. Therefore, the average age = \(\frac{328}{8}\) = 41 years. This satisfies the condition that the average age should be more than 40 years.
So statement I could be true. Any answer option not containing statement I can be ruled out. Options B and C go out.
Possible answer options are A, D and E.
Instead of trying statement II, let’s try statement III. This way, we will be able to eliminate more options, regardless of how it turns out.
Of 40 buildings, 4 buildings are 2 years old, summing up to 8 years. If we take all the other 36 buildings as 80 years old, we get their sum to be 2880 years. Therefore, the average age = \(\frac{2888}{40}\) = 72.2 years. So, statement III could be true.
Therefore, options A and D can be ruled out. The correct answer option is E.
As mentioned in some of my posts on ‘Could be’ questions, a good idea is to prove a statement true once and just be done with it. You do not have to worry about the statement turning out to be false in some other cases, because that’s not what the question is asking you to evaluate.
Hope this helps!