How do I find out the solution, what is the answer? Pls include steps and explanations?
I sent some items of antique furniture to Chrisby’s to be auctioned. Chrisby’s estimate of what each item would sell for is shown below:
Mahogany Table: $600 – 750
Grandfather Clock: $1400 – 1600
Writing Cabinet: $400 – 500
Bookcase: $250 – 350
In the sale itself, the writing cabinet was a disappointment, selling for only $320, but the mahogany table sold for $700, the bookcase made $280, and the grandfather clock exceeded all expectations at $ 2200. How much more did my furniture sell for altogether than Chrisby’s minimum total estimate?
A $300
B $650
C $730
D $850
E $930
Chrisby’s minimum estimate should be tallied using the low end of their values. So, for the items, the minimum values are listed below:
Mahogany table: $ 600
Grandfather clock: $1400
Writing cabinet: $ 400
Bookcase: $ 250
TOTAL: $ 2650
This is the minimum total estimate
The price at which the items sold for is listed below:
Mahogany Table: $ 700
Writing cabinet: $ 320
Grandfather clock:$2200
Bookcase: $ 280
TOTAL: $3500
So the difference in price is $3500 – $2650 = $850.
Answer choice D fits, so that is the right answer.
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