Data Interpretation questions test one's ability in analysing data, inspecting the elements in data and interpreting them to extract maximum information from the given set of data or information. The data is usually given in the form of charts, tables and graphs.
Practise with our Data Interpretation questions and answers to help you know what to expect, improve your speed and confidence and be really prepared for the actual test.
The following line graph gives the annual percent profit earned by a Company during the period 1995 - 2000.
Percent Profit Earned by a Company Over the Years.
%Profit = (Income - Expenditure)/Expenditure x 100
During which year is the ratio of percentage profit earned to that in the previous year the minimum?
1996
1997
1998
1999
Correct answer is B
The ratio percentage profit earned to that in the previous year, for different years are:
For 1996 = 55/40 = 1.38;
For 1997 = 45/55 = 0.82;
For 1998 = 65/45 = 1.44;
For 1999 = 70/65 = 1.08;
For 2000 = 60/70 = 0.86;
Clearly, this ratio is minimum for 1997.
The following line graph gives the annual percent profit earned by a Company during the period 1995 - 2000.
Percent Profit Earned by a Company Over the Years.
%Profit = (Income - Expenditure)/Expenditure x 100
During which of the following year was the ratio of income to the expenditure the minimum?
1996
1997
1998
1999
Correct answer is B
It is given that :
% Profit = (Income - Expenditure)/Expenditure x 100
=> % Profit/100 = (Income/Expenditure) - 1
=> Income/Expenditure = (% Profit/ 100) + 1
From this it is clear that the ratio of income to expenditure is minimum for the year in which the % Profit has the minimum value. Since, out of given years (i.e., out of 1996, 1997, 1998, 1999 and 2000), the Company has the minimum % profit in the year 1997.
So the minimum ratio of income to expenditure is in the year 1997.
The following line graph gives the annual percent profit earned by a Company during the period 1995 - 2000.
Percent Profit Earned by a Company Over the Years.
%Profit = (Income - Expenditure)/Expenditure x 100
What is the average profit earned for the given years?
50(2/3)
55(5/6)
60(1/6)
335
Correct answer is B
Average percent profit earned for the given years
= 1/6 x [40 + 55 + 45 + 65 + 70 + 60] = 335/6 = 55(5/6)
The following line graph gives the annual percent profit earned by a Company during the period 1995 - 2000.
Percent Profit Earned by a Company Over the Years.
%Profit = (Income - Expenditure)/Expenditure x 100
If the profit in 1999 was Rs. 4 crores, what was the profit in 2000?
Rs. 4.2 crores
Rs. 6.6 crores
Rs. 6.8 crores
Cannot be determined
Correct answer is D
From the line-graph we obtain information about the percentage profit only. To find the profit in 2000 we must have the data for the income or expenditure in 2000.
Therefore, the profit for 2000 cannot be determined.
The following line graph gives the annual percent profit earned by a Company during the period 1995 - 2000.
Percent Profit Earned by a Company Over the Years.
%Profit = (Income - Expenditure)/Expenditure x 100
In which year is the expenditure minimum?
2000
1997
1996
Cannot be determined
Correct answer is D
The line-graph gives the comparison of percent profit for different years bu the comparison of the expenditures is not possible without more data.
Therefore, the year with minimum expenditure cannot be determined.
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