Five friends play blackjack in Las Vegas and lose an average

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AAPL: Moderator; Posts: 2692; Joined: Sun Oct 29, 2017 2:08 pmFollowed by: 2 members

by AAPL » Sat Jun 01, 2019 7:21 am

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Princeton Review

Five friends play blackjack in Las Vegas and lose an average of $100 each. If the losses of two of the friends total $380, what is the average loss of the other friends?

A. $40
B. $60
C. $100
D. $120
E. $1,900

OA A

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Source: Beat The GMAT — Problem Solving | Sat Jun 01, 2019 7:21 am

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Jay@ManhattanReview: GMAT Instructor; Posts: 3008; Joined: Mon Aug 22, 2016 6:19 amFollowed by: 34 members; Location: Grand Central / New York; Thanked: 470 times

by Jay@ManhattanReview » Mon Jun 03, 2019 4:11 am

AAPL wrote:Princeton Review

Five friends play blackjack in Las Vegas and lose an average of $100 each. If the losses of two of the friends total $380, what is the average loss of the other friends?

A. $40
B. $60
C. $100
D. $120
E. $1,900

OA A

Given that the average is $100 each, total loss of five friends = 5*100 = $500.

It is also given that two friends lost a total of $380; thus, the other three friends together have lost 500 - 380 = $120.

Thus, the average loss of the other three friends = 120/3 = $40.

The correct answer: A

Hope this helps!

-Jay
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Scott@TargetTestPrep: GMAT Instructor; Posts: 8194; Joined: Sat Apr 25, 2015 10:56 amFollowed by: 29 members; Location: Los Angeles, CA; Thanked: 43 times

by Scott@TargetTestPrep » Thu Jun 06, 2019 4:40 pm

AAPL wrote:Princeton Review

Five friends play blackjack in Las Vegas and lose an average of $100 each. If the losses of two of the friends total $380, what is the average loss of the other friends?

A. $40
B. $60
C. $100
D. $120
E. $1,900

OA A

The total loss of all the friends is 500 dollars. Since two friends lost 380 dollars, the remaining 3 friends lost a total of 120 dollars, or an average of 120/3 = 40 dollars.

Answer: A

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