Given the box plot shown in the exercise, you can observe that:
The Median is represented by the line located inside the box.
You can identify that the Lower Quartile is:
And the Upper Quartile is:
Because the end of the left whisker is located on the value 300 and the end of the right whisker is located on the value 450.
Notice that the highest point on the right is located at 500 and the lower point on the left is located at 225 (approximately). The Difference between these values is:
The Median tells you the typical price of a bicycle (in dollars).
Hence, the answer is: Third option.