Tuesday, October 21, 2014

Qaunt Quiz

Directions (1-5): Read the following graph carefully and answer the questions given below:


1. If in the year 2006, the profit earned by company A was Rs 1,62,500, what was total income of the company in that year?
(1) Rs 2,50,000
(2) Rs 1,62,500
(3) Rs 10,62,500
(4) Rs 412500
(5) None of these

2. The expenditure of company A in the year 2007 and 2008 was equal. The income in 2008 was Rs 38 lakh. What was the difference between earned profit in two years?
(1) Rs 2 lakh
(2) Rs 2.5 lakh
(3) Rs 1.5 lakh
(4) Rs 2.8 lakh
(5) None of these

3. If in the year 2008 the expenditure of company A and B each is Rs 25 lakh, what was average of profit earned by both companies?
(1) Rs 20 lakh
(2) Rs 16 lakh
(3) Rs 18.75 lakh
(4) Rs 15 lakh
(5) None of these

4. If in the year 2005 the income of company A was Rs 35 lakh. What was expenditure of the same company in 2007?
(1) Rs 20 lakh
(2) Rs 16 lakh
(3) Rs 22 lakh 
(4) Cannot be determined
(5) None of these

5. If income of both companies in the year 2009 was same, what was the ratio of expenditure of both companies in the same year?
(1) 35 : 36
(2) 31 : 33
(3) 34 : 37
(4) 32 : 35
(5) None of these

Directions: (6-10) Following pie-chart show the distribution of items of six different types produced by a company in two years 2008 and 2009. 

Total number of items produced by the company in the year 2008 and 2009 are 48600 and 62500 respectively.

6. What is the total number of items of type C produced in the year 2008 and 2009 together?
(1) 12482
(2) 13262
(3) 14786
(4) 15200
(5) None of these

7. The number of type B items produced in 2008 is what percentage of the number of type B items produced in the year 2009? (Approximate value)
(1) 78%
(2) 84%
(3) 87%
(4) 90%
(5) 93%

8. What is the ratio of the number of type D items produced in 2008 to the number of type F items products in 2009?
(1) 13 : 17
(2) 83 : 116
(3) 81 : 125
(4) 103 : 147
(5) None of these

9. What is the total number of type A, B and C items produced by the company in the year 2008 and 2009 together?
(1) 48542
(2) 50897
(3) 51164
(4) 52324
(5) 54160

10. The number of type E items produced in the year 2009 is what per cent more than the number of type C items produced in 2009?
(1) 84%
(2) 72%
(3) 75%
(4) 60%
(5) None of these

Directions (11-15): Following bar graph shows the ratio of export to import of two companies A and B during the period of 1990-1995.

11. If export of Company A in 2005 and 2007 together is Rs 80 lakhs then what is the total import of A in 2005 and 2007 together?
(1) Rs 110 lakhs
(2) Rs 60 lakhs
(3) Rs 100 lakhs
(4) Rs 120 lakhs
(5) Can not be determined

12. What is the ratio of number of years in which export is less than import for Company A and number of years in which export is more than import for Company B?
(1) 2:3
(2) 3:4
(3) 2:5
(4) 3:5
(5) 1:1

13. In which year, the difference of export and import for Company B is minimum?
(1) 2005
(2) 2006
(3) 2009
(4) 2010
(5) Can’t say

14. If the difference between import and export of Company A in year 2010 is Rs 15 lakhs then what is the export of Company A in the same year?
(1) 60 lakhs
(2) 75 lakhs
(3) 40 lakhs
(4) 50 lakhs
(5) None of these

15. For Company A if in year 2006 export is decreased by 20% and import is increased by 20% then what will be the new ratio between export and import?
(1) 5 : 4
(2) 3 : 4
(3) 3 : 5
(4) 3 : 4
(5) 1 : 1



ANSWERS
Solutions (1-5)

1. 4;
Expenditure = (162500 * 100)/65 = Rs. 250000
Income = 250000 × 165/100  = Rs. 412500

2. 1;
Expenditure of income in 2008 = 38 × 100/190  = Rs. 20 lakh
Profit of company A in 2008 = 38 – 20 = Rs. 18 lakh
Income of company A in 2007 = 20 × 180/100 = Rs. 36 lakh
Profit of company A in 2007 = 36 – 20 = Rs. 16 lakh
Difference = 18 – 16 = Rs. 2 lakh

3. 3;
Income of company A in 2008 = 25 × 190/100 = Rs. 47.5 lakh
Profit = 47.5 – 25 = Rs. 22.5 lakh
Income of company B in 2008 = 25 × 64.8/360  = Rs. 40 lakh
Profit = 40 - 25 = Rs. 15 lakh
Average = (15 + 22.5)/2 = Rs. 18.75 lakh

4. 4

5. 1;
Expenditure of company A in 2009 = 100 × 100/180  = 10000/180
Expenditure of company B in 2009 = 100 × 100/175  = 10000/175
Ratio = 10000/175 : 10000/180 = 35 : 36

Solutions (6-10)

6. 2 - C type of item produced in 2008 = 61.2/360 * 48600 = 8262
C type of item produced in 2009 = 28.8/360 * 62500 = 5000
Total item = 8262 + 5000 = 13262

7. 5
Total number of B items produced in 2008 = 64.8/360 * 48600 = 8748
Total number of B items produced in 2009 = 54/360 * 62500 = 9375
So Req Percentage= 8748/9375 * 100 = 93.312

8. 3 - D types of items produced in 2008 = 72/360 * 48600 = 9720
F types of items produced in 2009 = 86.4/360 * 62500 = 15000
Ratio = 9720 : 15000 = 81:125

9. 2

10. 5 - E types of items produced in 2009 = 64.8/360 * 48600 = 8748
C types of items produced in 2009 = 28.8/360 * 62500 =  5000
Req Percentage = (8748 - 5000)/5000 * 100 = 74.96

Solutions (11-15)

11. 5; Answer can not be found by given data.
12. 3; For A in 2007 and 2010 import > export and for B in (2005, 2007, 2008, 2009 and 2010) export > import.
13. 2
14. 1;
In 2010, exp/imp = 0.8
import = 15/0.2 = 75 lakhs
export = 0.8 × import = 0.8 × 75 = 60 lakhs
15. 5;
In 2005, E/I  = 1.5
Export decreased by 20%
E1 = 4E/5
And import increased by 20%
Import = I1 = 6I/5
E1/I1 = 4E/5 * 5/6I = 2/3 * 1.5 = 1.0

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