Average Problem

This topic has expert replies
User avatar
Legendary Member
Posts: 777
Joined: Fri Jan 01, 2010 4:02 am
Location: Mumbai, India
Thanked: 117 times
Followed by:47 members

Average Problem

by komal » Sat Jun 05, 2010 3:11 am
The average (arithmetic mean) of the multiples of 6 that are greater than 0 and less than 1,000 is

A. 499
B. 500
C. 501
D. 502
E. 503

OA : C Source : Kaplan Online

GMAT/MBA Expert

User avatar
GMAT Instructor
Posts: 1179
Joined: Sun Apr 11, 2010 9:07 pm
Location: Milpitas, CA
Thanked: 447 times
Followed by:88 members

by Rahul@gurome » Sat Jun 05, 2010 3:28 am
The sequence of numbers is 6, 12, 18,....984, 990, 996.
996 is obtained by dividing 1000/6 and then subtracting the remainder from 1000.
On dividing we get remainder as 4 and 1000-4 = 996.
We can see that the above is an arithmetic sequence as every term is 6 more than the previous term.
Also arithmetic mean of an arithmetic sequence is given by (first term+last term)/2.
In this problem it is (6+996)/2 = 501.

The correct answer is (C).
Rahul Lakhani
Quant Expert
Gurome, Inc.
https://www.GuroMe.com
On MBA sabbatical (at ISB) for 2011-12 - will stay active as time permits
1-800-566-4043 (USA)
+91-99201 32411 (India)

User avatar
Master | Next Rank: 500 Posts
Posts: 142
Joined: Sat Feb 20, 2010 7:23 pm
Thanked: 8 times
Followed by:1 members

by bpgen » Sat Jun 19, 2010 6:56 am
Just to add more:
In any evenly spaced set the arithmetic mean (average) is equal to the median and can be calculated by the formula mean=median=(a_1+a_n)/2, where a_1 is the first term and a_n is the last term
"Ambition is the path to success. Persistence is the vehicle you arrive in."

Newbie | Next Rank: 10 Posts
Posts: 4
Joined: Mon Nov 01, 2010 3:34 am

by ash_iitr » Thu Dec 02, 2010 1:21 am
since 6 is divisible by 3, just look for a number that is divisible by 3... which in this case is 501

User avatar
GMAT Instructor
Posts: 15539
Joined: Tue May 25, 2010 12:04 pm
Location: New York, NY
Thanked: 13060 times
Followed by:1906 members
GMAT Score:790

by GMATGuruNY » Thu Dec 02, 2010 4:47 am
komal wrote:The average (arithmetic mean) of the multiples of 6 that are greater than 0 and less than 1,000 is

A. 499
B. 500
C. 501
D. 502
E. 503

OA : C Source : Kaplan Online
Some facts we should know about any set of evenly spaced, consecutive integers:

1. Average = median = (biggest + smallest)/2
{1, 2, 3, 4, 5, 6, 7, 8, 9}
Average = median = (9+1)/2 = 5.

2. Number of integers = (biggest - smallest)/(difference between each successive pair of integers) + 1
{1, 2, 3, 4, 5, 6, 7, 8, 9}
Difference between each successive pair = 1.
Number of integers = (9-1)/1 + 1 = 9.

{2, 4, 6, 8}
Difference between each successive pair = 2
Number of integers = (8-2)/2 + 1 = 4

{3, 6, 9}
Difference between each successive pair = 3
Number of integers = (9-3)/3 + 1 = 3.

3. Sum = (average) * (number of integers)

{1, 2, 3, 4, 5, 6, 7, 8, 9}
Average = (9+1)/2 = 5
Number of integers = (9-1)/1 + 1 = 9.
Sum = 5*9 = 45

{2, 4, 6, 8}
Average = (8+2)/2 = 5.
Number of integers = (8-2)/2 + 1 = 4
Sum =5*4 = 20.

{3, 6, 9}
Average = (9+3)/2 = 6.
Number of integers = (9-3)/3 + 1 = 3.
Sum = 6*3 = 18.

A harder example:
What is the sum of all the multiples of 7 between 1 and 100?
Range is 7 to 98.
Average = (98+7)/2. (This is also the value of the median.)
Number = (98-7)/7 + 1.
Sum = average * number = (98+7)/2 * ((98-7)/7 + 1) = (105/2)*14 = 735.

Hope this helps!
Private tutor exclusively for the GMAT and GRE, with over 20 years of experience.
Followed here and elsewhere by over 1900 test-takers.
I have worked with students based in the US, Australia, Taiwan, China, Tajikistan, Kuwait, Saudi Arabia -- a long list of countries.
My students have been admitted to HBS, CBS, Tuck, Yale, Stern, Fuqua -- a long list of top programs.

As a tutor, I don't simply teach you how I would approach problems.
I unlock the best way for YOU to solve problems.

For more information, please email me (Mitch Hunt) at [email protected].
Student Review #1
Student Review #2
Student Review #3