The correct option is
E Either of the Statements I or II is sufficient
First things first: how would you recognize that this question is about weighted averages? The two different prices for tickets are like two different data points, and the number of tickets sold will act as the weight.
You can use weighted averages to work through the statements. Statement (1) may seem familiar by now: 18iscloserto 25 than to 10$. That means that there must have been more adult tickets sold than children's tickets. Statement 1 is sufficient. Cross off answers (B), (C), and (E) on your grid.
Statement (2) says that the total revenue from ticket sales exceeded 1,750$. Where did that number come from?
To figure that out, look at the information in the question stem again. Notice that the question actually told you that 90 tickets were sold. Consider two extreme scenarios:
90 children's tickets sold =90×10 = 900 revenue
90 adult tickets sold =90×25 = (100 \times 25)−(10×25) =2,500−250 = 2,250 revenue
If there were an equal number of adult and children's tickets sold, the revenue would be an average of 900and 2,250, or 1,575.That′stheconnectiontoweightedaverages.Iftherevenueisgreaterthan 1,750, it is closer to 2,500thanto 1,000, which means more adult tickets must have been sold.Statement (2) is also sufficient. The correct answer is (E).