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11 Jun 2019, 13:00
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E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
25%
(medium)
Question Stats:
75% (01:02) correct
25%
(00:59)
wrong
based on 103
sessions
History
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Time
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Not Attempted Yet
The closing price of Agile stock on Monday, Wednesday and Friday were M, W and F. Out of these three which one is the highest?
(1) The difference in the closing price of Monday and Wednesday was $65.
(2) The difference in the closing price of Monday and Friday was $30.
(1) The difference in the closing price of Monday and Wednesday was $65.
(2) The difference in the closing price of Monday and Friday was $30.
11 Jun 2019, 18:45
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rohan2345
Let the price on Monday = 100 $
(1) Insufficient as it doesn’t talk about Friday price
Difference between Monday and Wednesday is 65 $
—> Wednesday = 35 $ or 165 $
(2) Insufficient as it doesn’t talk about Wednesday price
Difference between Monday and Friday is 30 $
—> Friday = 70 $ or 130 $
Combining (1) & (2)
Many combinations are possible and highest can be any of the 3 days
Eg: (M, W, F) = (100, 35, 70) or (100, 165, 70) or (100, 35, 130) . . .
IMO Option E
Pls Hit kudos if you like the solution
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Archit3110
Major Poster
17 Jun 2019, 08:09
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rohan2345
need to determine which price is highest amonst M,W,F
#1
The difference in the closing price of Monday and Wednesday was $65
W-M=65
insufficient
as we can have multiple options
#2
F-M = 30
again Insufficient
we have 3 unknown so insufficient
IMO E
