CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The average (arithmetic mean) price of the 3 items that Kate purchased from a clothing store was 50.Iftherewasnosalestaxonanyitemthathadapriceoflessthan80 and 6 percent sales tax on all other items, what was the total sales tax on the 3 items that Kate purchased?
(1) The price of the most expensive item that Kate purchased from the store was $100.
(2) The price of the least expensive item that Kate purchased from the store was $10.

A
Statement (1) alone is sufficient, but statement (2) alone is not sufficient.
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Statement (2) alone is sufficient, but statement (1) alone is not sufficient.
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Both statements together are sufficient, but neither statement alone is sufficient.
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Each statement alone is sufficient.
No worries! We‘ve got your back. Try BYJU‘S free classes today!
E
Statements (1) and (2) together are not sufficient.
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Statement (1) alone is sufficient, but statement (2) alone is not sufficient.
  • It is given that the average of the 3 prices is $50. Thus, it follows that the sum of the 3prices is (3)×($50)=$150. Now, one of the prices is $100. Therefore, the sum of the 2 remaining prices is $150$100=$50. Hence, each of the remaining items has a price that is less than $80 and thus is not taxed. It follows that the total sales tax on the 3 items is the sales tax on the $100 item, which equals (6%)×($100)=$6. Thus, statement 1 is sufficient.
  • From statement 2, we have one of the prices as $10. Therefore, the sum of the 2 remaining prices is $150$10=$140. If the 2 remaining prices are $70 and $70, then none of the items has a price greater than $80, and hence the total sales tax on the 3 items is $0. If the 2 remaining prices are $40 and $100, then the total sales tax on the 3 items is (6%)×($100)=$6. Thus, statement 2 is insufficient.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Definition of Function
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon