Data Interpretation Questions

Posted: 24 Apr 2011 01:04 AM PDT

Sample data interpretation questions: Directions for next 5 Data Interpretation Questions: Answer the data interpretation questions based on the following graph:

1. Which year has showed the greatest percentage increase in profit as compared to the previous year?
a. 1993
b. 1994
c. 1990
d. 1992
e. 1991
Ans.d.
Percentage Increase = [Final value - Initial value] 100/Initial value Using this formula & conversion of fractions into percentage, calculate the percentage increase for the various years. Maximum percentage increase is for the year 1992
= (40 – 30)/30 = 1/3 = 33.33%.

2. The average revenue collected in the given seven years is approximately:
a. Rs. 164 lakh
b. Rs. 168 lakh
c. Rs. 171 lakh
d. Rs. 175 lakh
e. Rs. 176 lakh
Ans.b.
Average Revenue = (Total Revenue)/ (Number of years)
= (122 + 130 + 145 + 170 + 185 + 200 + 222)/7
= 1174/7
= 167.7 = 168(approx.)

3. In which year was the growth in expenditure greatest as compared to the previous year?
a. 1993
b. 1995
c. 1991
d. 1992
e. 1994
Ans.d.
From the table, it can be seen that growth in expenditure as compared to the previous year was maximum in 1992.

4. The expenditure for the seven years together forms what percent of the revenues during the same period?
a. 75%
b. 67%
c. 62%
d. 83%
e. 85%
Ans.a.
Total Revenue = 1174
Total Expenditure = 700 + (2 + 5 + 15 + 30 + 35 + 40 + 50) = 887
% formed by the revenue = 887/1174 ≈ 900/1200 = ¾ = 75%
[Actual values will give 75.55% & again (a) will be the correct answer but you can save time using approximations]

5. If the profit in 1996 shows the same annual rate of growth as it had shown in 1995 over the previous year, then what approximately will be the profit in 1996?
a. Rs. 72 lakh
b. Rs. 86 lakh
c. Rs. 93 lakh
d. Rs. 78 lakh
e. Rs. 88 lakh
Ans.b.
% profit in 95 = (72 – 60) /60 = 1/5 = 20%
As per the given condition % profit in 96 = 20%
Then total profit will be (6 × 72)/5 ≈ 86 lakhs.