Small Cars Large Cars

Number of cars offered 32 23

Number of cars sold 16 20

Projected sales total for cars offered (in thousands) $70 $150

Actual sales total (in thousands) $41 $120

For the large cars sold at an auction that is summarized in the table above, what was the average sale price per car?

6000


Number of cars offered	32	23
Number of cars sold	16	20
Projected sales total for cars offered (in thousands)	$70	$150
Actual sales total (in thousands)	$41	$120

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Solution

The correct option is A 6000
From Figure 7, you see that the number of large cars sold was 20 and the sales total for large cars was $120, 000 (n o t$ 120). Thus the average sale price per car was The correct answer is $6,000 (or equivalent).

(In numbers that are 1,000 or greater, you do not need to enter commas in the answer box.)

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