Average

GMAT Question of the Day : Data Sufficiency

Tom, Jane, and Sue each purchased a new house. The average (arithmetic mean) price of the three houses was $120,000. What was the median price of the three houses? (1) The price of Tom’s house was $110,000. (2) The price of Jane’s house was $120,000. A. Statement (1) ALONE is sufficient, but statement (2) alone [...]

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GMAT Problem Solving

GMAT Question of the Day: Problem Solving

In 1980, approximately what fraction of the cost to the consumer for the production of 6 ounces of frozen orange juice went to the farmer? (A) 3/11 (B) 1/3 (C) 4/9 (D) 5/9 (E) 3/5

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