It is currently 23 Mar 2018, 15:24

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# What is the price range for 100 books? (1) The most

 post reply Question banks Downloads My Bookmarks Reviews Important topics
Author Message
Current Student
Joined: 11 May 2008
Posts: 552
What is the price range for 100 books? (1) The most [#permalink]

### Show Tags

05 Sep 2008, 19:02
What is the price range for 100 books?
(1) The most expensive book is \$100.
(2) The average price for all of books is \$50

--== Message from GMAT Club Team ==--

This is not a quality discussion. It has been retired.

If you would like to discuss this question please re-post it in the respective forum. Thank you!

To review the GMAT Club's Forums Posting Guidelines, please follow these links: Quantitative | Verbal Please note - we may remove posts that do not follow our posting guidelines. Thank you.
VP
Joined: 17 Jun 2008
Posts: 1322
Re: price range of books [#permalink]

### Show Tags

05 Sep 2008, 20:13
arjtryarjtry wrote:
What is the price range for 100 books?
(1) The most expensive book is \$100.
(2) The average price for all of books is \$50

(1) INSUFFI => i know the most expensive but no clue about least
(2)just the average does not give clue,here we get sum of 100 book prices =5000 => no clue about range ,highest and lowest can be any numbers !!!INSUFFI

(1) and (2)
Most expensive=\$100
sum=5000
least can be any value hence INSUFFI

IMO E
_________________

cheers
Its Now Or Never

Manager
Joined: 03 Jun 2008
Posts: 131
Schools: ISB, Tuck, Michigan (Ross), Darden, MBS
Re: price range of books [#permalink]

### Show Tags

06 Sep 2008, 05:15
For finding an answer to this, we need to know the price of the most expensive and the least expensive book.

The price of the least expensive book cannot be found out using any option alone or together.

hence E
_________________

-----------------------------------------------------------
'It's not the ride, it's the rider'

Manager
Joined: 11 Apr 2008
Posts: 198
Re: price range of books [#permalink]

### Show Tags

06 Sep 2008, 17:38
From statement 1 we cant find the price range
From statement 2 also we cant find the price range
If we combine Statement 1 and 2 the price range can be anything starting from 0 (if you consider 2 books)to 100.
So the ans is E

What is the price range for 100 books?
(1) The most expensive book is \$100.
(2) The average price for all of books is \$50

--== Message from GMAT Club Team ==--

This is not a quality discussion. It has been retired.

If you would like to discuss this question please re-post it in the respective forum. Thank you!

To review the GMAT Club's Forums Posting Guidelines, please follow these links: Quantitative | Verbal Please note - we may remove posts that do not follow our posting guidelines. Thank you.

_________________

Nobody dies a virgin, life screws us all.

Re: price range of books   [#permalink] 06 Sep 2008, 17:38
Display posts from previous: Sort by

# What is the price range for 100 books? (1) The most

 post reply Question banks Downloads My Bookmarks Reviews Important topics

Moderator: chetan2u

 Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.