Events & Promotions
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Apr 2308:00 PM PDT
-09:00 PM PDT
Video explanations + diagnosis of 10 weakest areas + 150+ short videos + study plan!
Apr 2301:30 AM EDT
-02:30 AM EDT
Struggling with GMAT Verbal as a non-native speaker? Harsh improved his score from 595 to 695 in just 45 days—and scored a 99 %ile in Verbal (V88)! Learn how smart strategy, clarity, and guided prep helped him gain 100 points.
Apr 2512:30 AM EDT
-01:30 AM EDT
At one point, she believed GMAT wasn’t for her. After scoring 595, self-doubt crept in and she questioned her potential. But instead of quitting, she made the right strategic changes. The result? A remarkable comeback to 695. Check out how Saakshi did it.
Apr 2610:00 AM EDT
-11:00 AM EDT
The Target Test Prep course represents a quantum leap forward in GMAT preparation, a radical reinterpretation of the way that students should study. Try before you buy with a 5-day, full-access trial of the course for FREE!
Apr 2711:00 AM EDT
-12:00 PM EDT
Prefer video-based learning? The Target Test Prep OnDemand course is a one-of-a-kind video masterclass featuring 400 hours of lecture-style teaching by Scott Woodbury-Stewart, founder of Target Test Prep and one of the most accomplished GMAT instructors
Apr 2808:00 AM PDT
-11:00 AM PDT
Whether you are just beginning your MBA journey or fine-tuning your path to a 700+ score, GMAT Day is designed to give you a competitive edge.
E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
96% (00:50) correct
4%
(00:43)
wrong
based on 68
sessions
History
Date
Time
Result
Not Attempted Yet
Last month Arturo received 6 paychecks. What was the average (arithmetic mean) amount of the paychecks that Arturo received last month?
(1) Half of the paychecks that Arturo received last month were in the amount of $300 each.
(2) Two of the paychecks that Arturo received last month were in the amount of $500 each.
Source: GMAT Prep [Official Practice Exam 3]
(1) Half of the paychecks that Arturo received last month were in the amount of $300 each.
(2) Two of the paychecks that Arturo received last month were in the amount of $500 each.
Source: GMAT Prep [Official Practice Exam 3]
19 Jan 2024, 12:05
Kudos
Bookmarks
Last month Arturo received 6 paychecks. What was the average (arithmetic mean) amount of the paychecks that Arturo received last month?
To calculate the average amount, we use the formula Average = Sum/Number.
We already have the number of paychecks: 6.
Now, to calculate the average, we need the sum of the amounts of the paychecks.
(1) Half of the paychecks that Arturo received last month were in the amount of $300 each.
Using this information, we can tell that the sum of half, or 3/6, of the checks was $900.
At the same time, since we don't know the amounts of the other checks, we cannot calculate the average.
Insufficient.
(2) Two of the paychecks that Arturo received last month were in the amount of $500 each.
Using this information, we can tell that the sum of two of the checks was $1000.
At the same time, since we don't know the amounts of the other checks, we cannot calculate the average.
Insufficient.
Statements (1) and (2) combined
Combining the information from the two statements, we can find the sum of 5/6 of the checks, which is $1900.
However, we don't know the amount of the sixth check. So, the sum of all six checks could be any number greater than $1900.
Thus, the average could be any number over 1900/6.
Insufficient.
Correct Answer
To calculate the average amount, we use the formula Average = Sum/Number.
We already have the number of paychecks: 6.
Now, to calculate the average, we need the sum of the amounts of the paychecks.
(1) Half of the paychecks that Arturo received last month were in the amount of $300 each.
Using this information, we can tell that the sum of half, or 3/6, of the checks was $900.
At the same time, since we don't know the amounts of the other checks, we cannot calculate the average.
Insufficient.
(2) Two of the paychecks that Arturo received last month were in the amount of $500 each.
Using this information, we can tell that the sum of two of the checks was $1000.
At the same time, since we don't know the amounts of the other checks, we cannot calculate the average.
Insufficient.
Statements (1) and (2) combined
Combining the information from the two statements, we can find the sum of 5/6 of the checks, which is $1900.
However, we don't know the amount of the sixth check. So, the sum of all six checks could be any number greater than $1900.
Thus, the average could be any number over 1900/6.
Insufficient.
Correct Answer
