
When you ask "What number is halfway between 40 and 492?" we assume you mean the number in the exact middle of the two numbers on a number line, as illustrated below, where X=40 and Y=492.

To find the number halfway between 40 and 492, we use the following formula:
(X + Y)/2 = Halfway Between
When we enter 40 and 492 into our formula, we get:
(40 + 492)/2 = 266
Thus, the number halfway between 40 and 492 is 266.
To check that our answer is correct, we subtract 40 from 266 and subtract 266 from 492 and compare the two numbers:
266 - 40 = 226
492 - 266 = 226
As you can see, the halfway number is 226 higher than 40 and 226 lower than 492. Therefore, our halfway between answer of 266 above is correct.
Halfway Between
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Halfway Between 40 and 493
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