Data Interpretation Practice Test Based on Line Graph for Coming SBI Associates Exam

Data Interpretation Practice Test Based on Line Graph

Directions for the Questions 1 to 5: These Questions are based on the line graph given below.

Income = Price per Article X Number of Articles Sold

Profit = Income - Expentadure

Questions:

1) What is the average annual profit of ABC Ltd. for the given period ?

1. Rs. 30,000
2. Rs. 3,00,000
3. Rs. 3,000
4. Rs. 30,00,000

2) When compare to the previous year, in which year is the percentage increase in the income of ABC Ltd., the maximum ?

1. 2003
2. 2001
3. 2000
4. 1999

3) If the income in 2002 and 2004 are equal, then by what percent must the expenditure be reduced from 2002 to 2004 in order to increase the profit by 40% ?

1. 40%
2. 10%
3. 30%
4. 20%

4) In how many years is the profit as a percentage of expenditure more than 33% ?

1. 3
2. 4
3. 2
4. 5

5) In the year 2000, if each article were sold at Rs.18, the company would have got no loss. At what price was each article actually sold ?

1. Rs. 16.50
2. Rs. 15.50
3. Rs. 17.50
4. Rs. 14.50

Solutions:

Question 1:

Total Income for the given period = 6+8+11+16+10+19 = 70 Lakhs

Total Expenditure for the given period = 4+6+12+10+8+12 = 52 Lakhs

Profit for the Given Period = 70-52 = Rs. 18 Lakhs

Average annual profit = (18/6)Lakhs = 3 Lakhs  

Ans:- Choice 2.

Question 2:

By observation we can say that the income in 2003 is nearly twice the income in 2002.

In the remaining years the income is less than 1.5 times of the previous year.

Ans:- Choice 1.

Question 3:

In the year 2002, income = 10 Lakhs.

Expendature = Rs. 8 Lakhs

Profit = 10 - 8 = 2 Lakhs

If the profit is increased by 40%, new profit in 2004 =(2)(140/100) = 2.8 Lakhs.

For increase in profit by 0.8 lakhs, reduction in expenditure = 0.8 Lakhs

Percent of reduction in expenditure = (0.8/8)(100)% = 10%

Ans:- Choice 2.

Question 4:

(33% < 1/3) in the year 1998, 1999, 2001 and 2003 years, the profit is more than or equal to 1/3rd of expenditure (not on income). So in 4 years, profit as a percentage of expenditure is more than 33%.

Ans :- Choice 2.

Question 5:

If there has to be no loss, the company should have got an income of Rs. 12 lakhs. 

By selling the article at Rs. 18 the company gets an income of Rs. 2 lakhs.

If gets an income of 11 lakhs by selling at = (11/12)(18) = Rs. 16.5

Ans:- Choice 1.

For More Data Interpretation Practice Models Check Below Links:

• Data Interpretation Practice Set 1
• Data Interpretation Practice Set 2
• Data Interpretation Practice Set 3
• Data Interpretation Practice Set 4