BANK & INSURANCE (DATA INTERPRETATION) PART 2

Total Questions: 100

21. Directions [21-15]: Study the information given below and answer the following questions:

Below line graph shows the number of painting made by two painters Raja and Anish in five months:

Below table shows the percentage of painting sold by them in five months:

Month

Percentage of painting sold by Raja

Percentage of painting sold by Anish

May

70%

60%

June

80%

70%

July

75%

90%

Aug

90%

75%

Sept

85%

80%

Ques : What is the average number of unsold painting of Raja in May, June and July?

Correct Answer: (d) 88
Solution:

Month

Raja total

sold

unsold

Anish total

sold

unsold

May

480

336

144

560

336

224

June

200

160

40

420

294

126

July

320

240

80

200

180

20

Aug

240

216

24

300

225

75

Sept

360

306

54

500

400

100

Required average = (144 + 40 + 80)/3 = 88

22. The number of paintings sold by Anish in June and September together is approximately what percentage of the total number of paintings made by Raja in same months together?

Correct Answer: (b) 124%
Solution:The number of paintings sold by Anish in June and September together = 294 + 400 = 694
The number of paintings made by Raja in same months together = 200 + 360 = 560
Required % = 694/560 × 100 = 123.92% ≈ 124%

23. What is the ratio of number of paintings sold by both of them together in August to that in May?

Correct Answer: (d) 21:32
Solution:Required ratio = (216 + 225) : (336 + 336)
= 441 : 672 = 21 : 32

24. The number of unsold paintings by Raja in May and August together is approximately what percentage more or less than the number of unsold paintings by Anish in July and August together?

Correct Answer: (a) 77%
Solution:The number of unsold paintings by Raja in May and August together = 144 + 24 = 168
The number of unsold paintings by Anish in July and August together = 20 + 75 = 95
So, required percentage = (168 - 95)/95 × 100
= 76.84% ≈ 77%

25. What is the difference between the number of paintings sold by Raja in July and August together and the number of paintings sold by Anish in June and July together?

Correct Answer: (e) 18
Solution:

Required difference = (294 + 180) - (240 + 216)
= 18

26. Directions [26-30]: Read the data carefully and answer the following questions.

The Pie chart given below shows the distribution of the number of orders made from a website on five different days.

The table given below shows the average order value (in Rs.) of orders made from the website on different days.

Days

Average order value

Mon

1600

Tue

2400

Wed

1800

Thu

3000

Fri

1500

Ques : Find the ratio of total order value from the orders made from the website on Monday to that on Friday.

Correct Answer: (d) 32:15
Solution:

Sum of percent value of sectors belongs to Tue and Thu = 100 - 32 - 20 - 16 = 32%
32% = 45 + 35 = 80
1% = 80/32

Total orders made on Mon = 32% = 32 × (80/32) = 80
Total orders made on Tue = 45
Total orders made on Wed = 20% = 20 × (80/32) = 50
Total orders made on Fri = 35
Total orders made on Sat = 16% = 16 × (80/32) = 40

Days

Number of orders

Average order value

Total order value

Mon

80

1600

80 × 1600 = 128000

Tue

45

2400

45 × 2400 = 108000

Wed

50

1800

50 × 1800 = 90000

Thu

35

3000

35 × 3000 = 105000

Fri

40

1500

40 × 1500 = 60000

Total order value from the orders made from the website on Monday = Rs. 128000
Total order value from the orders made from the website on Friday = Rs. 60000
Required ratio = 128000 : 60000
= 32 : 15

27. If out of total orders made on Tuesday, the average order of the first 25 orders is Rs. 2000, then find the average order value of remaining orders on that day.

Correct Answer: (b) Rs. 2900
Solution:Total order value of first 25 orders on Tuesday = 25 × 2000 = Rs. 50000
Total order value of remaining 20 orders on Tuesday = 108000 - 50000 = Rs. 58000
Average order value of remaining 20 orders on Tuesday = 58000/20
= Rs. 2900

28. How many total orders are made from websites on all five days together?

Correct Answer: (a) 250
Solution:

Total number of orders made from the websites on all the five days together = 80 + 45 + 50 + 35 + 40
= 250

29. Total order value of orders made from the website on Thursday is how much percent more than that on Wednesday?

Correct Answer: (d) 16.67%
Solution:

Total order value of orders made from the website on Thursday = Rs. 105000
Total order value of orders made from the website on Wednesday = Rs. 90000
Required percent = ((105000 - 90000)/90000) × 100
= (15000/90000) × 100 = 16.67%

30. On the days Tuesday and Thursday together, what is the per day average of the total order value of the orders made from the website in these two days?

Correct Answer: (e) Rs. 106500
Solution:

Total order value of the orders made from the website on Tuesday = Rs. 108000
Total order value of the orders made from the website on Thursday = Rs. 105000
Required average = (108000 + 105000)/2
= 213000/2
= Rs. 106500