How to Pass Numerical Reasoning (44 page)

Figure 6.4

Q1
Revenues of Danish pastries in the West represent approximately what percentage of total Danish pastry revenue in 1996?

a) 12.5%

b) 15%

c) 22%

d) 35%

e) 40%

Q2
Approximately how much profit was made on custard tarts in the North?

a) £400

b) £800

c) £1,400

d) £1,250

e) £2,400

Q3
In 1997, revenues from all cakes in the range increased to £300,000. This represents an increase of what percentage on 1996 revenues?

a) 9%

b) 10%

c) 11%

d) 12.5%

e) 15%

Q4
In 1997, lemon pie profits increased to 20%. 1997 revenues from lemon pies increased by 2.5% on the previous year. How much profit was made on the lemon pie line in 1997?

a) £4,200

b) £5,125

c) £5,400

d) £10,250

e) £51,250

12 Currency fluctuation

TABLE 6.8
Great Britain Sterling exchange rates

 

May

June

July

August

Euro

1.44

1.45

1.48

1.50

US Dollar

1.60

1.60

1.61

1.53

Russian Rouble

47.31

48.22

48.42

62.31

Japanese Yen

179.20

179.21

177.66

182.00

Slovakian Koruna

57.34

57.68

61.34

69.07

Q1
Which currencies increased in price against the GB £ in any month in the May to August period?

a) Dollar and rouble

b) Dollar and yen

c) Yen and koruna

d) Euro and dollar

e) Euro and koruna

Q2
If the euro weakened against the GB £ by 6% between August and September, approximately how many euros could I buy for £25 in September?

a) 1.25 euros

b) 60 euros

c) 40 euros

d) 85 euros

e) 35 euros

Q3
Which currency showed the largest fluctuation against the GB £ in the period May to August?

a) Euro

b) Dollar

c) Rouble

d) Yen

e) Koruna

Q4
If the Slovakian koruna increased in the same proportion as the Japanese yen between August and September, and the yen exchange rate was 173 yen to the GB £ in September, approximately how many koruna were there to the £ in September?

a) 66

b) 73

c) 93

d) 112

e) 146

13 Gym membership

TABLE 6.9
Cost of gym membership Chewton Magna District

G ym

All-inclusive

monthly

membership

Minimum

membership

period

Price

per

class

End-of-year

holiday

closure

Doddington

£41

6 months

£4.50

14 days

Kearns

£37.50

6 months

£4.75

4 days

Hagen

£46

None

£4.20

1 day

Deane

£26

12 months

£2.75

3 days

Q1
If I want to pay for gym membership from 1 March to 31 July, which gym offers the best deal?

a) Doddington

b) Kearns

c) Hagen

d) Deane

e) Cannot tell

Q2
If I attend seven classes per month for a year, which gym offers cheaper all-inclusive membership than a pay-per-class payment plan? (Ignore minimum membership.) a) Doddington

b) Kearns

c) Hagen

d) Deane

e) None of the above

Q3
Which gym is the most expensive in terms of a pro rata daily rate over an annual period?

a) Doddington

b) Kearns

c) Hagen

d) Deane

e) Cannot tell

14 Kishbek Semiconductor sales

Figure 6.5

Q1
What was the buying cost of 100 4˝ wafers in May if the total revenue received for 4˝ wafers was 10,000 Kishbek roubles?

a) 2 roubles

b) 20 roubles

c) 200 roubles

d) 500 roubles

e) 2000 roubles

Q2
What was the approximate percentage increase in the sales of 6˝ wafers between May and June?

a) 50%

b) 100%

c) 150%

d) 200%

e) 400%

Q3
How much more would it cost a US $ purchaser to buy 250 6˝ wafers in August than in May, if the selling price of 6˝ wafers remains stable at 125 Kishbek roubles per five 6˝ wafers?

a) $148.50

b) $156.25

c) $72.50

d) $68.40

e) $168.80

15 Energy tariffs

TABLE 6.10
Energy tariffs from North–South Power

Tariff

Energy supply

Service charge

Unit price

Tariff A

Gas only

9.99p per day

1.32p per kwh*

Tariff B

Electricity only

13.39p per day

Tariff C

Gas & electricity

£11.50 per year**

Gas

1.25p per kwh

Electricity

5.02p per kwh

* kwh = kilowatt hour

** Tariff C requires an upfront non-refundable full payment of the service charge.

Q1
What is the approximate cost to a customer for gas on tariff A for 2,854 kilowatt hours consumed over a 20-day period?

a) £20

b) £25

c) £30

d) £35

e) £40

Q2
Electricity purchased on tariff C is 2.5% cheaper than on tariff B. What is the approximate cost of 640 kwh of electricity purchased on tariff B and consumed over 91 days?

a) £45

b) £11

c) £67

d) £82

e) 101

Q3
What is the approximate difference in price between gas and electricity purchased separately on tariff A and tariff B and gas and electricity purchased on tariff C if 250 kwh of gas and 120 kwh of electricity are consumed over 15 days? (Use any relevant information from previous questions to answer Q3.) a) £12.50

b) £10

c) £7.50

d) £3.33

e) £1.25

Answers to Chapter 6

1 Holiday insurance claims

Q1
a) 1993

Q2
b) 135

Q3
d) 1996

Q4
b) 7% decrease

2 Goe-Ezy-Bizz flight charges

Q1
d) £40

Q2
c) £6.60

Q3
b) Edinburgh

Q4
b) 31 euros

3 Council services employment

Q1
a) 15

Q2
b) 17

Q3
c) 18

Q4
b) 25%

4 European Union institutions 1995

Q1
e) Luxembourg

Q2
a) Germany

Q3
b) 38

5 Computer failure

Q1
c) Department C

Q2
b) Department B

Q3
a) 3.5 hours

6 Survey of voting turnout in 1994 local elections

Q1
b) 7,500

Q2
a) 3.8%

Q3
b) 144

Q4
a) Thundersley

7 Mobile phone sales

Q1
d) 66.6%

Q2
a) TX-15

Q3
d) 85

Q4
c) 96

8 Adult television viewing hours

Q1
e) Cannot tell

Q2
a) 1984

Q3
c) 10 hours

Q4
e) Cannot tell

9 McCoopers Consultancy New York Office

Q1
a) MBA

Q2
c) Other consultancies

Q3
b) 21

Q4
d) Academia 2000

10 Consultancy rates

Q1
b) £3,200

Q2
c) £123.20

Q3
d) £60

11 Revenues for Cookie’s Bakery

Q1
c) 22%

Q2
a) £400

Q3
c) 11%

Q4
d) £10,250

12 Currency fluctuation

Q1
b) Dollar and yen

Q2
c) 40 euros

Q3
c) Rouble

Q4
a) 66

13 Gym membership

Q1
b) Kearns

Q2
e) None of the above

Q3
c) Hagen

14 Kishbek Semiconductor sales

Q1
e) 2000 roubles

Q2
b) 100%

Q3
b) $156.25

15 Energy tariffs

Q1
e) £40

Q2
a) £45

Q3
c) £7.50

Explanations to Chapter 6 questions

Section 1 Holiday insurance claims

Q1
a) 1993

You can read this information directly from the table. 1993 had the greatest percentage change on the previous year.

Q2
b) 135

Between 1992 and 1993, the number of claims increased by 15%, therefore (1993 value) plus 15% = 966.

In 1992 there were 840 claims and in 1997 there were 975 claims. Therefore in 1997 there were (975 – 840) more claims than in 1992.

Q3
d) 1996

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