Discussion

Question:

Each of these items has a question followed by two statements. As the answer,

Type 1, If the question can be answered with the help of statement I alone,
Type 2, If the question can be answered with the help of statement II alone,
Type 3, If both the statement I and statement II are needed to answer the question, and
Type 4, If the question cannot be answered even with the help of both the statements.

The average of three unequal quotations for a particular share is Rs.110. If all are quoted in integral values of rupee, does the highest quotation exceed Rs.129?

The lowest quotation is Rs.100.
One of the quotations is Rs.115.

Explanation:

Sum of all the three quotations = 110 × 3 = 330

From statement I, if the lowest quotation is 110 then the sum of other two quotations = 330 – 100 = Rs. 230.

Now, minimum value of second quotation = Rs. 101

Therefore, maximum value of third quotation = 230 – 101 = Rs. 129.

Hence, 1.

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