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In 1986, for which of the cities listed was the median home

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In 1986, for which of the cities listed was the median home [#permalink] New post 25 Feb 2017, 08:43
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* Housing cost consists of mortgage, payment, real estate taxes, utilities.

In 1986, for which of the cities listed was the median home price minus the median down payment greatest?

A) New York

B) Boston

C) Newark

D) Danbury

E) Pittsburgh
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Re: In 1986, for which of the cities listed was the median home [#permalink] New post 04 Mar 2017, 17:26
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Explanation

The easiest way to go about it is to plug the values for the options.

So

A. New York: 129,700 – 42,250 = 87,450
B. Boston: 126,00 – 30,000 = 96,000
C. Newark: 116,000 – 29,450 = 86,550
D. Danbury: 95,950 – 19,750 = 76,200
E. Pittsburgh: 54,150 – 11,500 = 42,650

Hence clearly option B is correct.
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Re: In 1986, for which of the cities listed was the median home [#permalink] New post 20 Jul 2018, 04:24
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One way to reduce time on this problem rather than calculating each difference would be to compare the variables. For instance, NY:130 is 4 more than 126 but Boston's 30 is 12 less than 42, so Boston has a bigger gap.
Newark's gap is 10,000 less than Boston, so it's not that. Danbury's first number is 30,000 less, second number is 10,000 less, which still is 20,000 smaller of a gap. Pittsburgh is obviously out because the gap is blantantly much smaller. That way the answer can be found in a matter of seconds just from looking and comparing variables, rather than spending all of the time to calculate the answer.
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In 1986, for which of the cities listed was the median home

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