The price for a loaf of bread in April was $1.17, in May the price was $1.30, and in June the price was $1.05. If 2/3 as much bread was sold in April as in May, and twice as much was sold in June as in April, what was the average price for a loaf of bread sold during the three-month period?
Pick:	A) $1.13	B) $1.14	C) $1.15	D) $1.16	E) $1.17
Let x be the number of loaves sold in May.   Then 2x/3 loaves were sold in April and 4x/3 loaves were sold in June.   The average price was (2x/3)(117) + 130x + (4x/3)(105) / (2x/3 + x + 4x/3) =   (78 + 130 + 140) / (3) = 348/3 = $1.16   The answer is $1.16.
<result>D</result>
The price for a loaf of bread in April was $1.17, in May the price was $1.30, and in June the price was $1.05. If 2/3 as much bread was sold in April as in May, and twice as much was sold in June as in April, what was the average price for a loaf of bread sold during the three-month period?