pkw209 wrote:Hi guys,
Could someone please provide an explanation to this problem? Thanks!
a) 85%
b) 240%
c) 350%
d) 480%
e) 580%
A percent question with unspecified values - let's pick numbers.
To make life simple, let's let list L be {100, 100, 100, ...., 100}, i.e. just 43 100s.
So, the average of L is 100 and the sum of L is 4300.
The average of combined lists L and M is 50% greater, so the combined average is 150.
There are 48 numbers total, so the combined sum is 150*48 = 7200.
48 numbers total means that List M has 5 numbers.
7200 - 4300 = 2900, so those 5 numbers must sum to 2900.
Average = sum/# of terms:
2900/5 = 580
So, M has an average of 580.
Now let's be super careful: we're temped to pick (E) 580%, but the question asks:
"What percent
greater than the average..."
To find percent change:
(new amount - old amount)/(old amount) = (580 - 100)/100 = 480
So, the average of M is 480% greater than L: choose (D).