
When you ask "What number is halfway between 31 and 494?" we assume you mean the number in the exact middle of the two numbers on a number line, as illustrated below, where X=31 and Y=494.

To find the number halfway between 31 and 494, we use the following formula:
(X + Y)/2 = Halfway Between
When we enter 31 and 494 into our formula, we get:
(31 + 494)/2 = 262.5
Thus, the number halfway between 31 and 494 is 262.5.
To check that our answer is correct, we subtract 31 from 262.5 and subtract 262.5 from 494 and compare the two numbers:
262.5 - 31 = 231.5
494 - 262.5 = 231.5
As you can see, the halfway number is 231.5 higher than 31 and 231.5 lower than 494. Therefore, our halfway between answer of 262.5 above is correct.
Halfway Between
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Halfway Between 31 and 495
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