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.
Two different finance companies declare fixed annual rate of interest on the amounts invested with them by investors. The rate of interest offered by these companies may differ from year to year depending on the variation in the economy of the country and the banks rate of interest. The annual rate of interest offered by the two Companies P and Q over the years are shown by the line graph provided below.
Annual Rate of Interest Offered by Two Finance Companies Over the Years.
Rs. 594,550
Rs. 580,425
Rs. 577,800
Rs. 577,500
Correct answer is B
Amount received from Company Q after one year on investment of Rs. 5 lakhs in the year 1996
= Rs. [5 + (6.5% of 5)] lakhs
= Rs. 5.325 lakhs.
Amount received from Company P after one year on investment of Rs. 5.325 lakhs in the year 1997
= Rs. [5.325 + (9% of 5.325)] lakhs
= Rs. 5.80425 lakhs
= Rs. 5,80,425.
Two different finance companies declare fixed annual rate of interest on the amounts invested with them by investors. The rate of interest offered by these companies may differ from year to year depending on the variation in the economy of the country and the banks rate of interest. The annual rate of interest offered by the two Companies P and Q over the years are shown by the line graph provided below.
Annual Rate of Interest Offered by Two Finance Companies Over the Years.
Rs. 296,200
Rs. 242,200
Rs. 225,600
Rs. 216,000
Correct answer is C
Amount received from Company P after one year (i.e., in 199) on investing Rs. 12 lakhs in it
= Rs. [12 + (8% of 12)] lakhs
= Rs. 12.96 lakhs.
Amount received from Company P after one year on investing Rs. 12.96 lakhs in the year 1999
= Rs. [12.96 + (10% of 12.96)] lakhs
= Rs. 14.256.
Appreciation received on investment during the period of two years
= Rs. (14.256 - 12) lakhs
= Rs. 2.256 lakhs
= Rs. 2,25,600.
Two different finance companies declare fixed annual rate of interest on the amounts invested with them by investors. The rate of interest offered by these companies may differ from year to year depending on the variation in the economy of the country and the banks rate of interest. The annual rate of interest offered by the two Companies P and Q over the years are shown by the line graph provided below.
Annual Rate of Interest Offered by Two Finance Companies Over the Years.
Rs. 9 lakhs
Rs. 11 lakhs
Rs. 12 lakhs
Rs. 18 lakhs
Correct answer is D
Let Rs. x lakhs be invested in Company P in 2000, the amount invested in Company Q in 2000 = Rs. (30 - x) lakhs.
Total interest received from the two Companies after 1 year
= Rs. [(7.5% of x) + {9% of (30 - x)}] lakhs
= Rs. [ 2.7 - ( 1.5x/100 ) ] lakhs.
Therefore [ 2.7 - ( 1.5x/100 ) ] = 2.43 => x = 18.
Two different finance companies declare fixed annual rate of interest on the amounts invested with them by investors. The rate of interest offered by these companies may differ from year to year depending on the variation in the economy of the country and the banks rate of interest. The annual rate of interest offered by the two Companies P and Q over the years are shown by the line graph provided below.
Annual Rate of Interest Offered by Two Finance Companies Over the Years.
2:3
3:4
6:7
4:3
Correct answer is D
Let the amounts invested in 2002 in Companies P and Q be Rs. 8x and Rs. 9x respectively.
Then, interest received after one year from Company P = Rs. (6% of 8x)
= Rs. (48/100) x.
and interest received after one year from Company Q = Rs. (4% of 9x)
= Rs. (36/100) x.
Therefore Required ratio = ( (48/100) x )/( (36/100) x ) = 4/3
Two different finance companies declare fixed annual rate of interest on the amounts invested with them by investors. The rate of interest offered by these companies may differ from year to year depending on the variation in the economy of the country and the banks rate of interest. The annual rate of interest offered by the two Companies P and Q over the years are shown by the line graph provided below.
Annual Rate of Interest Offered by Two Finance Companies Over the Years.
Rs. 19,000
Rs. 14,250
Rs. 11,750
Rs. 9500
Correct answer is D
Difference = Rs. [(10% of 4.75) - (8% of 4.75)] lakhs
= Rs. (2% of 4.75) lakhs
= Rs. 0.095 lakhs
= Rs. 9500.
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