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mikemcgarry
In a certain apartment building, there are one-bedroom and two-bedroom apartments. The rental prices of the apartment depend on a number of factors, but on average, two-bedroom apartments have higher rental prices than do one-bedroom apartments. Let R be the average rental price for all apartments in the building. If R is $5,600 higher than the average rental price for all one-bedroom apartments, and if the average rental price for all two-bedroom apartments is $10,400 higher that R, then what percentage of apartments in the building are two-bedroom apartments?
(A) 26%
(B) 35%
(C) 39%
(D) 42%
(E) 52%



Another approach:

Weighted average of groups combined = (group A proportion)(group A average) + (group B proportion)(group B average) + (group C proportion)(group C average) + ...

R = Weighted average of BOTH types
R - 5600 = average rent for 1-bedroom apartments
R + 10400 = average rent for 2-bedroom apartments

Let P = percentage of apartments that are two-bedroom apartments. This means P/100 represents to PROPORTION of apartments that are 2-bedroom.
So, 100 - P = percentage of apartments that are one-bedroom apartments. This means (100-P)/100 represents to PROPORTION of apartments that are 1-bedroom.

We can now plug all of this information into the formula to get:

R = (P/100)(R + 10400) + [(100-P)/100](R - 5600)
Multiply both sides by 100 to get: 100R = (P)(R + 10400) + (100-P)(R - 5600)
Expand to get: 100R = PR + 10400P + 100R - 560000 - PR + 5600P
Simplify to get: 0 = 16000P - 560000
Rearrange to get: 16000P = 560000
Divide both sides by 1000 to get: 16P = 560
Divide both sides by 16 to get: P = [spoiler]35[/spoiler]

Answer:
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mikemcgarry
In a certain apartment building, there are one-bedroom and two-bedroom apartments. The rental prices of the apartment depend on a number of factors, but on average, two-bedroom apartments have higher rental prices than do one-bedroom apartments. Let R be the average rental price for all apartments in the building. If R is $5,600 higher than the average rental price for all one-bedroom apartments, and if the average rental price for all two-bedroom apartments is $10,400 higher that R, then what percentage of apartments in the building are two-bedroom apartments?
(A) 26%
(B) 35%
(C) 39%
(D) 42%
(E) 52%


One tricky category of problems on the GMAT Quant section are Weighted Average problems. For a full discussion of very strategies to use on these problems, as well as the OE for this problem, see
https://magoosh.com/gmat/2015/gmat-math ... -averages/

Mike :-)
hi,
straight forward question of weighted mixture...
here we have the price of two BR:one BR away from average by 10400:5600....
therefore the number of two is 5600/16000 *100= 35%
ans B
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Correct answer is B.

Ratio of 2 Bedroom Apartment: 1 Bedroom Apartment = 5400 : 104000 -----> 7 : 13

Let total number of Apartments be X

No. of 2 Bedroom Apartment = (7 / 20) * X

percentage of apartments in the building are two-bedroom apartments ---->

(7/20) * 100 ---> 35%

option B is correct
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mikemcgarry
In a certain apartment building, there are one-bedroom and two-bedroom apartments. The rental prices of the apartment depend on a number of factors, but on average, two-bedroom apartments have higher rental prices than do one-bedroom apartments. Let R be the average rental price for all apartments in the building. If R is $5,600 higher than the average rental price for all one-bedroom apartments, and if the average rental price for all two-bedroom apartments is $10,400 higher that R, then what percentage of apartments in the building are two-bedroom apartments?
(A) 26%
(B) 35%
(C) 39%
(D) 42%
(E) 52%


One tricky category of problems on the GMAT Quant section are Weighted Average problems. For a full discussion of very strategies to use on these problems, as well as the OE for this problem, see
https://magoosh.com/gmat/2015/gmat-math ... -averages/

Mike :-)
hi,
straight forward question of weighted mixture...
here we have the price of two BR:one BR away from average by 10400:5600....
therefore the number of two is 5600/16000 *100= 35%
ans B

Hi, Here divident is 5600. Please help me to understand why we did not take 10400 as divident.

5600/16000 *100= 35%

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AMber Bajaj
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mikemcgarry
In a certain apartment building, there are one-bedroom and two-bedroom apartments. The rental prices of the apartment depend on a number of factors, but on average, two-bedroom apartments have higher rental prices than do one-bedroom apartments. Let R be the average rental price for all apartments in the building. If R is $5,600 higher than the average rental price for all one-bedroom apartments, and if the average rental price for all two-bedroom apartments is $10,400 higher that R, then what percentage of apartments in the building are two-bedroom apartments?
(A) 26%
(B) 35%
(C) 39%
(D) 42%
(E) 52%

Use ALLIGATION -- a great way to handle weighted average problems.

Let S = single-room apartments, T = two-room apartments.

Step 1: Draw a number line, with the two apartment types (S and T) on the ends and the mixture of apartments (R) in the middle:
S-----------------R-----------------T

Step 2: Calculate the distances between the averages.
Since the average for S is 5600 less than the average for R, and the average for T is 10,400 more than the average for R, we get the following distances between the averages:
S-----5600------R----10400------T

Step 3: Determine the ratio in the mixture.
The ratio of S to T is equal to the RECIPROCAL of the distances in red.
S:T = 10400:5600 = 13:7.

Since S:T = 13:7, there are 13 single-room apartments for every 7 two-room apartments.
Thus, of every 20 apartments, 7 are two-room:
\(\frac{7}{20} = \frac{35}{100}= 35\)%

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mikemcgarry
In a certain apartment building, there are one-bedroom and two-bedroom apartments. The rental prices of the apartment depend on a number of factors, but on average, two-bedroom apartments have higher rental prices than do one-bedroom apartments. Let R be the average rental price for all apartments in the building. If R is $5,600 higher than the average rental price for all one-bedroom apartments, and if the average rental price for all two-bedroom apartments is $10,400 higher that R, then what percentage of apartments in the building are two-bedroom apartments?

(A) 26%
(B) 35%
(C) 39%
(D) 42%
(E) 52%

One tricky category of problems on the GMAT Quant section are Weighted Average problems. For a full discussion of very strategies to use on these problems, as well as the OE for this problem, see
https://magoosh.com/gmat/2015/gmat-math ... -averages/

­
We can apply the weighted average formula here which is as follows

W1 / W2 = (Avg 2 - Avg) / (Avg - Avg 1)

Let W1 = no of 2 BH apartments and W2 = no of 1 BH apartments

Therefore, W1/W2 = (R+10400 - R) / (R - (R - 5600))

W1/W2 = 10400 / 5600 = 13 / 7

% of 2 BH apts = W1 / (W1 + W2) * 100 = 13 / (13+7) * 100 = 35%.........Option B.
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Deconstructing the Question

Let R be the overall average rent.
One-bedroom average is R - 5600.
Two-bedroom average is R + 10400.
Let p be the fraction of apartments that are two-bedroom.
We need p as a percent.

Step-by-step

Weighted average:

\(R = (1-p)(R-5600) + p(R+10400)\)

Expand:

\(R = (1-p)R - 5600(1-p) + pR + 10400p\)

Combine the R-terms:

\((1-p)R + pR = R\)

So:

\(R = R - 5600(1-p) + 10400p\)

Subtract R:

\(0 = -5600(1-p) + 10400p\)

Expand:

\(0 = -5600 + 5600p + 10400p\)

\(0 = -5600 + 16000p\)

Solve:

\(16000p = 5600\)

\(p = \frac{5600}{16000} = 0.35\)

Convert to percent:

\(35\%\)

Answer: 35%
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