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Dilr RSM 1 Preview6634161
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Welcome to the world of Data Interpretation, a crucial aspect of competitive exams like CAT and Other Management
Entrance Examinations. This book is tailored for aspiring managers, providing a comprehensive guide to navigate
the intricate terrain of Data Interpretation like literally.
Why Data Interpretation is crucial for MBA aspirants? As you embark on this journey, each problem cracked brings
you a step closer to your dream B-school. The skills developed here will not only aid you in acing entrance exams
but also serve as your armour in the B-school, shaping you into an adept professional.
This book covers literally a spectrum of Data Interpretation topics, offering a step-by-step approach to Problem-
c o m
solving. The material highlights the importance of practice for various Data Interpretation topics striking a balance
to cater to all your preparation needs, not just for CAT but OMETs as well.
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Given the latest CAT patterns, this RSM ensures comprehensive coverage. The study material is literally designed
e
Best wishes on this intellectual adventure. May your Data Interpretation ability shine, leading to success in CAT and
OMET exams.
n k
Together you and we will clear B-school exams with ease and that’s our “the literally promise!”
a
Happy Learning!
Team SuperGrads
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11.
12.
Table
Chapter 02: Data Interpretation Based on Table
c o m 27
28
13.
14.
15.
Skill Drill 01
Skill Drill 02
Skill Drill 03
rs . 30
33
36
16. Answer Key and Explanations Skill Drill
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Chapter 03: Data Interpretation Based on Pie
39
17.
18.
19.
Pie Charts
Pie Explosion
Doughnut Type
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48
49
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20. Skill Drill 01 tr-6H6B3D4E1B 50
21. Skill Drill 02 56
22.
23.
24.
25.
To
Answer Key and Explanations Skill Drill
Bar Diagrams
Chapter 04: Data Interpretation Based on Bar Diagrams
65
65
66
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26. Percentage Bar Graph 67
27. Cylinder And Stacked Bar Graph 68
28. Floating Bar Graph 69
29. Skill Drill 01 70
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30. Skill Drill 02 tr-6N6L3R4T1Q 74
31. Skill Drill 03 79
32. Answer Key and Explanations Skill Drill 84
Chapter 05: Data Interpretation Cartesian (Line) Graph
33. Cartesian (Line) Graph 89
34. Stock Graphs 91
35. Skill Drill 01 93
36. Skill Drill 02 98
37. Skill Drill 03 103
38. Answer Key and Explanations Skill Drill 111
c o m 155
160
167
51.
52.
Data Sufficiency
Chapter 09: Data Sufficiency
rs . 172
174
53.
54.
55.
Test Your Learning
Answer Key and Explanations
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Type II – Four Options Data Sufficiency (Direct)
176
177
178
56.
57.
58.
Test Your Learning
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Answer Key and Explanations
Type III – Four Options Data Sufficiency (Twister)
181
183
184
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59. Test Your Learning 187
60.
61.
62.
63.
64. To
Answer Key and Explanations
Type IV – Four Options Data Sufficiency (Guaranteed Answers)
Test Your Learning
Answer Key and Explanations
Type V – Three Statements Data Sufficiency
188
189
192
193
194
tr-6N6L3R 65.
4T 1Q6L Skill Drill 01
1U 197
66. Answer Key and Explanations 199
67. Skill Drill 02 201
68. Answer Key and Explanations 203
69. Skill Drill 03 6L1U 205
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70. Answer Key and Explanations 207
71. Skill Drill 04 209
72. Answer Key and Explanations 211
73. Skill Drill 05 213
74. Answer Key and Explanations 215
75. Skill Drill 06 217
76. Answer Key and Explanations 219
m
future business leaders may face. The section includes various forms of data representation, such as bar graphs, line
o
charts, pie charts, tables, and caselets. CAT /MBA entrance exams aims to identify individuals who can analyze data
effectively, identify trends, and make strategic decisions based on that data.
c
Data Interpretation for CAT in DILR Section
Section Name
rs .
DI Composition
Data Interpretation and Logical Reasoning (DILR)
e
Total DILR Questions 20
Number of sets in Data Interpretation for CAT 2
Type of DI Questions for CAT
n
Total questions Based on Data Interpretation for CAT
Total time to attempt DILR Section
p r +3
tr--1
6H6B3D4E1B
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Moderate to High
considered as done.
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Data interpretation questions are tricky, twisting and time-consuming as far as CAT exam is concern. You need to solve
them quickly since one problem is followed by many questions. Even if a few could be answered correctly, the job is
m
of contiguous bars that represent intervals or bins.
DATA TABLE
Stacked Bar Graphs: Stacked bar graphs show multiple
data series within a single bar, with each segment of the
bar representing a different category or subcategory.
o
Tables are commonly used to present numerical data and
c
relationships between different variables. To make
.
deductions from a table, follow these steps:
rs
They are useful for comparing total values and their
composition. Pay attention to the column and row headers, as they
e
often provide essential information about the data
PERT Charts: PERT charts are typically used to depict the presented.
critical path and timeline of a project, with a focus on
activities and their dependencies.
an
Box-and-Whisker Plots (Box Plots): Box plots are used k
Look for specific data points, values, or numbers in
the table. These may be figures, percentages, ratios, or
any other quantitative information.
r
to display the distribution of a dataset, showing the
p
median, quartiles, and potential outliers. They provide a
summary of the data's spread and central tendencies.
Ensure that your deductions are consistent with the
tr-information
6H6B3D4E1B presented in the table. Be careful not to
6A1H
misinterpret or misapply the data.
o
Radar Charts: Radar charts are used to display
T
multivariate data, where each variable is represented as a
spoke on a radial graph. They are suitable for comparing
multiple variables across different categories.
If a portion of the table or graph is missing, analyze
the existing data to identify any patterns or
relationships. For example, look for consistent
growth or decline trends over time or between
categories.
Textual Data/
6L1UCaselets:Data may also be presented in Following table shows number of T-20 matches played,
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textual form through paragraphs, statements, or caselets. runs scored, 50s and 100s by 4 Indian batsmen in a year.
Candidates are expected to extract information and
Matches Runs
answer questions based on this textual data. Player 50s 100s
played scored
3D Diagrams: 3D diagrams can represent data with
6L 1U three Virat 16 900 4 3
6N6L3R4T1Q
variables, typically using a surfacetr-plot. These plots show Rohit 20 840 5 1
how a response variable changes concerning two other Shikhar 25 1050 6 2
variables. Suresh 12 450 4 0
Venn diagrams: Venn diagrams are used to illustrate the Here are some inferences that can be drawn from the table:
relationships between different sets or categories. Shikhar scored the most runs in the year, with 1050
Composite Data: In some cases, data interpretation runs.
questions may combine multiple forms of data Shikhar scored the most fifties, with 6.
presentation within a single question. For example, a Virat scored the most hundreds, with 3.
question might provide a table along with a Virat has the best average runs per innings, with
corresponding bar graph. 56.25.
Rohit and Shikhar has the second best average runs
Here are common deductions that can be made from per innings, with 42.
different types of charts:
5% 15%
30%
10%
15%
25%
c o m
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Mechanical Civil Electronics Electrical
Here are some inferences that can be drawn from the pie chart:
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Automobile engineering is the most popular engineering branch in Delhi engineering college, with 30% of the seats.
Civil engineering is the Second most popular engineering branch, with 25% of the seats.
This data suggests that there is a high demand for Automobile, CSE, EE, and
6ACE
1H graduates in Delhi.
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The degree represents the mechanical and electrical branches together in the pie chart 100% seats are shown by
BAR CHART
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360° 40% seats are shown by 360/100 X 40 = 144° (Mechanical + electrical = 30 + 10 = 40)
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Below bar graph shows the number of people who read newspaper (TOI, ET and TH) from five states:
5500
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3500
2500 6L1U
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1500
500
-500 Z X C V B
TOI ET TH
Here are some inferences that can be drawn from the bar graph:
The Hindu (TH) is the most popular newspaper in all five states, with 21250 readers.
State V has the highest number of newspaper readers, with 11350 people reading at least one of the three
newspapers.
This information can be helpful for businesses that are considering advertising in newspapers.
Sale of books
24000
23000
22000
21000
20000
19000
18000
17000
16000
A B
2021
C
2022
D
2023
E
c o m F
Here are some inferences that can be drawn from the line graph:
The sale of books in Store D has increased steadily over the three years.
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The sale of books in Store E has decreased significantly over the three years.
Store C has the highest sale of books in all three years, with 62900 books.
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Store E has the lowest sale of books in all three years, with 55200 books.
a
This data suggests that the market for books is declining.
Preparation Strategies:
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Data Interpretation (DI) is an important section of the CAT
(Common Admission Test) exam, and approaching it
down the given facts without conjecture of any secondary
shades
tr-6H6Bof 1B6A1H
the
3D4E facts. It is suggested to stick to that
information and avoid assumptions.
To
effectively is essential for achieving a high score. Here's a
systematic approach to tackle Data Interpretation in CAT:
Understand the Question Format: Begin by
understanding the format of the DI questions you're
dealing with. CAT DI questions can be presented in
Pay attention to words: Words like “all,” “some,” “none,”
“other than,” “only”, or “unless” play a significant role in
determining the facts for the particular passage. Pay
attention to negative prefixes as well as “non-,” “un-,” or
“dis-.” These can be crucial in specifying the basic facts of
tr-various forms,
6N6L3R4T 1Q6L1Uincluding tables, charts, graphs, and text. the paragraph.
Pay attention to the data representation style.
Work on Fundamental Calculations: If the question
Read the Instructions: Carefully read the instructions requires calculations or data transformation, perform
and understand the requirements of each DI set. these calculations accurately. Pay attention to units and
Instructions may specify the numbertr-6Nof
6Lquestions
3R4T1Q6L1Urelated ensure your calculations are error-free. In some cases, you
to a set, or they might guide you on how to use the data. may not need to calculate exact values but can estimate to
arrive at an answer. Estimation can save time in complex
Skim/ Analyze the Data: Before diving into the
calculations.
questions, skim through the data presentation (table,
graph, chart, etc.) to get an overview. Identify the key Use Logical Reasoning: Sometimes, the key to finding
variables, labels, and trends if any. Pay attention to scales, an answer is to figure out the logic behind the given data.
units, and labels on the axes or in the tables. In a few cases, the data/information follows a particular
structure. Once you are able to identify it, you can solve it
Focus on the Questions: Start with the first question in
much easily and in less time.
the set. CAT often presents several questions related to a
single data set. Carefully read the question and Time Management: DI can be time-consuming. Set time
understand what is being asked. Make sure you're clear limits for each question or set and move on if a question is
about the objective. taking too long. You can always come back to it later.
Don’t assume any information: Consider the problem Focus on the relevant parts and ignore extraneous data.
statement for the particular passage/question and note
©SuperGrads Page 14 of 220
Prioritize Easy Questions: If you encounter a difficult to become more comfortable with various types of
question, don't get stuck. Move on to easier questions in questions.
the same DI set or section. You can return to the
Data Interpretation in CAT can be challenging, but with
challenging questions later.
consistent practice and a systematic approach, you can
Practice Regularly: DI skills improve with practice. improve your performance in this section. Work on your
Regularly solve DI sets and practice previous CAT papers analytical and calculation skills, and focus on
understanding the data and the questions posed.
PERCENTAGE
The term percentage means parts per 100 or “for every hundred”. A fraction whose denominator is 100 is called
percentage and the numerator of the fraction is called the rate percent. Thus, when we say a man made a profit of 20
20
percent we mean to say that he gained Rs.20 for every hundred rupees he invested in the business, i.e., rupees for
100
each Rupee. The abbreviation of percent is p.c. and it is generally denoted by %.
Let’s start with a number X(= 1X)
X increased by 10% would become X + 0.1 X = 1.1 X
X increased by 1% would become X + 0.01 X = 1.01 X
c o m
X increased by 0.1% would become X + 0.001 X = 1.001 X
X decreased by 10% would become X - 0.1 X = 0.9 X
X decreased by 1% would become X - 0.01 X = 0.99 X
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X decreased by 0.1% would become X - 0.00 1 X = 0.999 X
X increased by 200% would become X + 2X = 3X
X decreased by 300% would become X - 3X = -2X
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Similarly, you can work mentally with any specifically chosen number (say 500) and work out different answers.
a
Complete all entries in the following table.
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Increased by 10% 25%
tr-6H6B3D50% 100%
4E1B6A1H 300%
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Number
50 55
tr-6N6L3R4T1Q
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T 75
150
500
600
1000
93.75
225
1000
2000
2400
2000 3000
2500 3125
A Percentage can be expressed as a Fraction. 10% can be If A is R% of a given number N, then. N =
𝐴×100
10 1 6L3R4T1Q6L1U 𝑅
expressed as or . To expresstr-a6N
percentage as
100 10
𝑎 If A’s income is X% more than that of B, then B’s income is
a fraction divide it by 100 a % = . X
100 × 100% less than that of A.
To express a fraction as a percent multiply it by 100 100+ x
𝑎 𝑎 If the price of a commodity increased by X%, then
⇒ = [( ) × 100] % reduction in consumption, so as not to increase
𝑏 𝑏
To express percentage as a decimal we remove the symbol expenditure is
100X
%.
100+ X
% and shift the decimal point by two places to the left. For
If A’s income is X% less than that of B, then B’s income is
example, 10% can be expressed as 0.1. × 6.5% = 0.065 etc. X%
× 100
100 + x%
To express decimal as a percentage we shift the decimal
point by two places to the right and write the number If the price of a commodity decreases by X%, then increase
obtained with the symbol % or simply we multiply the in consumption, so as not to decrease expenditure, is.
decimal with 100. 100X
%
100 − x
Similarly, 0.7 = 70%.
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If the population of a town (or value of a machine) two or more successive changes. The final value of A in
this case will be
o
decreases at R% per annum, then
𝑋 𝑌 𝑍
Population (or value of machine) after n year 𝐴 (1 − ) (1 − ) (1 − ) ….etc.
c
100 100 100
.
R
∴ P [1 − ]
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100
k e
= 2963.31
6. Find 7.6% of 383.
n
10% 10%
12.5% of 3365 = 336.5 + 336.5/4 = 336.5 + 84.125 = Ans: 7.6% = 10% - + = 38.3 - 9.575 + 0.383 =
4 100
420.625 is the answer.
2. Find 17.5% of the number (3365).
Ans:17.5% = 2 ×10% -
10%
p r a
= 2 × 336.5
336.5
=
38.683 - 9.575 = 29.108.
7. Find 3D22% of6A8742.
tr-6H6B 4E1B
1H
Ans: 22% 2 × 10% +
10%
× 874.2 +
874.2
= 1748.4 +
o
4 4 5 5
673.0 - 84.125 = 588.875. 174.84 = 1923.24.
15%
10
50.475
tr-6N6L3R
= 336.5 + 168.25 +
= 555.225.
4T1Q6L1U
4. Find 9% of 3365.
T
Ans:16.5% = 15% + 1.5% = 10% + 5% +
504.75
10
= 504.75 +
8. Find 22.25% of 731.
Ans: 22.25% = 2 × 10% +
73.1 +
162.64
73.1
5
+
73.1
40
= 146.2 + 14.62 + 1.82 =
10%
5
+
10%
40
=2×
Percentage Percentage
Number Reciprocal Number Reciprocal
Reciprocal Reciprocal
X 1/X 100/X X 1/X 100/X
1 1.000 100.000 26 0.038 3.846
2 0.500 50.000 27 0.037 3.704
3 0.333 33.333 28 0.036 3.571
4 0.250 25.000 29 0.034 3.448
5 0.200 20.000 30 0.032 3.226
6 0.167 16.667 31 0.032 3.226
7
8
9
0.143
0.125
0.111
14.286
12.500
11.111
32
33
34
c o m 0.031
0.030
0.029
3.125
3.030
2.941
10
11
12
0.100
0.091
0.083
10.000
9.091
8.333
35
36
37
rs . 0.029
0.028
0.027
2.857
2.778
2.703
13
14
0.077
0.071
7.693
7.143
k e 38
39
0.026
0.026
2.632
2.564
n
15 0.067 6.667 40 0.025 2.500
a
16 0.063 6.250 41 0.024 2.439
r
17 0.059 5.882 42 0.024 2.381
18 0.056 5.556 tr-6H43 0.023 2.326
p
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6B3D4E1B6A
19 0.053 5.263 44 0.023 2.273
20
21
22
23
24
To 0.050
0.048
0.045
0.043
0.042
5.000
4.762
4.545
4.348
4.167
45
46
47
48
49
0.022
0.022
0.021
0.021
0.020
2.222
2.174
2.128
2.083
2.041
tr-6N6L3R 25
4T 1Q6L1U 0.040 4.000 50 0.020 2.000
1 5 7 1 11
16. = 16.66%, = 83.33%, (1 + ) = 116.66%, = 183.33%
6 6 6 6 6
1 2 3 4 3 5 2 6
17. = 14.28%, = 28.56%, = 42.84%, = (1 − ) = 57.14%, = (1 − ) = 71.42%,
7 7 7 7 7 7 7 7
1 8 1 9 2
= (1 − ) = 85.71%, = (1 + ) = 114.28%, = (1 + ) 128.56% etc.
7 7 7 7 7
1 3 5 7 9 1 11 3 13
18. = 12.5%, = 37.5%, = 62.5%, = 87.5%, = (1 + ) = 112.5%, = (1 + ) = 137.5%,
8 8 8 8 8 8 8 8 8
15
= 162.5%, = 187.5% etc.
8
1 2 4 5 7 8 10 11 2
19. = 11.11%, = 22.22%, = 44.44%, = 55.55%, = 77.77%, = 88.88%, = 111.11%, = (1 + ) =
9 9 9 9 9 9 9 9 9
122.22% etc.
20.
1
11
= 9.09%,
72.72%,
9
2
11
= 81.81%,
= 18.18%,
10
11
3
= 90.9%,
= 27.27%,
12
= (1 +
4
11
= 36.36%,
1
11
) = 109.09% etc.
5
= 45.45%,
6
11
c o m
= 54.54%,
11
7
= 63.63%,
8
11
=
.
11 11 11 11
rs
1 5 7 11 13 17
21. = 8.33%, = 41.66%, = 58.33%, = 91.66%, = 108.33%, = 141.66% etc.
12 12 12 12 12 12
1 2 3 4 5 6 7 8
e
22. = 7.79%, = 15.38%, = 23.07%, = 30.76%, = 38.46%, = 46.15%, = 53.84%,
13 13 13 13 13 13 13 13
k
9 10 11 12 14 1
= 61.53%, = 69.23%, = 77.9%, = 84.61%, = 92.31%, = (1 + ) = 107.69% etc.
13 13 13 13 13 13
23.
1
14
= 7.14%,
= 107.14% etc.
3
14
= 21.42%,
14
5
= 35.71%,
r an 9
14
= 64.28%,
11
14
= 78.57%,
13
14
= 92.86,
15
14
= (1 +
1
14
)
p
1 2 4 7 8 11 6A 1H 13
24. = 6.66%, = 13.33%, = 26.66%, 46.66%, = tr- 6H6B3D4E1B= 73.33%,
53.33%, 86.66%,
15 15 15 15 15 15 15
25.
26.
14
15
1
16
= 93.33%,
= 6.35%,
= 93.75%,
1 2
17
16
3
16
16
15
= (1 +
o
= 106.66%,
T
18.75%,
1
16
5
16
= 31.25%,
17
15
) = 106.25% etc.
3
= 113.33% etc.
7
16
= 43.75%,
4
16
9
= 56.25%,
5
11
16
68.75%,
6
13
16
= 81.25%,
7
15
16
8
tr-27. 3R=
4T1Q6L1U
5.88%, = 11.76%, = 17.64%, = 23.52%, = 29.41%, = 35.29%, = 41.17%, =
6N6L17 17 17 17 17 17 17 17
9 10 11 12 13 14
47.05%, = 52.94%, = 58.8°h, = 64.70%, = 71.76%, = 76.47%, = 82.35%,
17 17 17 17 17 17
15 16 18 1
28. = 88.23%, = 94.12%, = (1 + ) = 105.88% 𝑒𝑡𝑐.
17 17 17 17
4T1Q6L 1U
1 5 7tr-6N6L3R 11 13 17 19 1
29. = 5.55%, = 27.77%, = 38.88%, = 61.11%, = 72.22%, = 94.44%, = (1 + )
18 18 18 18 18 18 18 18
= 105.55% etc.
1 2 3 4 5 6 7
30. = 5.26%, = 10.52%, = 15.79%, = 21.05%, = 26.3𝑙%, = 31.57%, 36.84%,
19 19 19 19 19 19 19
8 9 10 11 12 13 14
31. = 42.1%, = 47.36%, = 52.6%, = 57.89%, = 63.15%, = 68.42%, = 73.68%,
19 19 19 19 19 19 19
15 16 17 18 20 1
32. = 78.95%, = 84.21%, = 89.47%, = 94.73%, = (1 + ) = 105.26% 𝑒𝑡𝑐.
19 19 19 19 19 19
1 3 7 9 11 13 17 19 21 1
33. = 5%, = 15%, = 35%, 45%, = 55%, 65%, = 85%, = 95%, (1 + )
20 20 20 20 20 20 20 20 20 20
= 105% 𝑒𝑡𝑐.
4.
1234.5
(d) 40.7% (c) 28.11%
16.
1.32× 1.82
c o m
(d) 26.53%
.
15.5 5.72
(a) 80.32 (b) 78.23 (a) 0.42 (b) 0.38
rs
(c) 77.77 (d) 79.6 (c) 0.46 (d) 0.36
4567 6.1× 1.5
e
5. 17.
237 55.4
(a) 19.8 (b) 17.23 (a) 17.5% (b) 17.2%
(c) 19.3
6.
961
253
(d) 18.56
an k
(c) 16.5%
18.
17.88
55.33
(d) 16.1%
(a) 3.71
(c) 3.97
(b) 3.89
(d) 3.79
p r (a) 33.3%
(c)tr-34.5%
6H6B3D4E1B
6A1H
(b) 33.5%
(d) 32.3%
o
7.
1271
19. 35.6% of 928.
2949
(a) 330.3 (b) 327.7
(a) 42.26% (b) 40.35%
(c) 41.38%
8.
tr-(c)
200
1039
(a) 19.25%
3R4T1Q6L1U
6N6L19.36%
T (d) 43.09%
(b) 19.61%
(d) 19.17%
(c) 332.6
20. 83.33% of 833
(a) 643
(c) 658
(d) 326.2
(b) 694
(d) 688
21. 44.44% of 8127 + 58.33% of 2184
359
9. (a) 4946 (b) 4886
582
(a) 64.1% (b) 63.3% (c) 4758 (d) 4608
(c) 61.7% (d) 62.8%3R4T1Q6L1U 22. If 68% of a number is 144, then 85% of the same
tr-6N6L
31 number is —
10.
517
(a) 5.8% (b) 6% 23. If 59% of a number is 75, then 71% of the same
(c) 5.2% (d) 6.2% number is —
202.3
24. If 92% of a number is 124, then 22% of the same
11. number is —
2023
(a) 10.15% (b) 10.45%
25. If 37% of a number is 134, then 87% of the same
(c) 10.25% (d) 10%
number is —
68
12. 26. If 43% of a number is 636, then 57% of the same
224
(a) 30.8% (b) 29.6% number is —
c o m
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reduction in the time taken to travel the same
4. The production of a firm decreases by 20% in the first
distance?
year, then decreases 25% in the next year and then
increases by 50% the next year and then increases by
10% in the next year. All percentage change being
c o
13. Two successive discounts of 8 and 10% would be
.
equal to a single discount of .... %?
rs
consecutive (over the previous year). If at the end of
14. X first increased by 5% and then decreased by 8%.
the changes, the value is 990 MT what was the value
The final value is ...% less than X?
initially?
5. If the production of a firm is 800 MT in the year 2002
k e
15. If after 2 successive increases of 10% and 8%, the
price of a commodity is Rs.2376, what was the
n
and 1200 MT in 2006, the value of the production, if it
original price?
follows the same CAGR as before, in the year 2008 and
2010 will become:
p r a
6. If x is increased by 10, 20, 30, 40, 50, 60, 70, 80, 90 and
100 % respectively, by what % should we reduce it
16. At 20% growth rate, the population of a town will
become 432000
tr-6H6B3D4E1B
now?
6A1H in 2 years. What is the population
To
each time to restore it to its original value?
7. If x is decreased by 10, 20, 30, 40, 50, 60, 70, 80 and
90 % respectively, by what % should we increase it
each time to restore it to its original value?
17. The population of bacteria increases by 20% every 10
minutes. In how much time will it double itself?
18. The price of a product increased by 20% but the
turnover increased by only 12%. What is the % drop
in quantity sales?
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Concept: The net percentage change when two variables
are increased / decreased by given percentages, say a% One more Example (of 10 × 10 method). The price of petrol
and b% will be
a + b + a × b/100
o
increases by 40% but the final expenditure increases by
c
20% only. By what percent does the consumption
decrease?
.
rs
Like in the example: If price and consumption each are
increased by 20% and 25% respectively, then the total Sol. 10 × 10 = 100
e
increase in expenditure will be 14 × X = 120.
120 60 60 10
So, we get X = .
k
New E = 1.2P × 1.25 C = 1.SPC = 1.5 E = 50% increase. = . So the drop = 10 − ( ) =
14 7 7 7
For the same data given above, applying the formula, we 1
Now = 14.28% Answer.
get the net percentage change in expenditure
= 20 + 25 +
20×25
100
= 20 + 25 + 5 = 50%
r an
In case a given value decreases by any percentage, we will
7
5
7
40% Jump means
and 20% increase means
6
5
so we get
7
5
× X =
p
6 6 1B6A1H 1
, so X 6B=3D4E= (1 − ) = 14.28% drop.
tr-6H
use a negative sign before that. 5 7 7
o
In the same way: If the length of a rectangle is decreased
T
by 40% and the breadth is increased by 30%, then find the
percentage change in the area of the rectangle.
Area of rectangle = length × breadth. Here, both length and
breadth are changed. So, using the formula, net percentage
1.
2.
A quantity X when decreased by 25% becomes 130. If
X is made 182, what is the percentage increase?
Two shopkeepers each have a revenue of Rs.3900. For
the first, the margin is 30% and for the other, the
profit is 30%. Find ‘the difference between their
6N6L3R4T
tr-change 1Q6L1U (−40)(30) actual profits.
in area = -40 + 30 + = −22(-) ve sign
100 3. A milkman mixes 20% by volume of Bisleri to his milk
signifies decrease. Hence the area of the rectangle and then sells the whole at the cost price of milk. If
decreases by 22%. Bisleri costs 20% of the cost of milk, what is the net
The above formula can be used to find6L1U out the profit percent?
following: tr-6N6L3R4T1Q The Concept of Margin:
Percentage effect on expenditure. Expenditure = Price × We have Profit %
Profit SP−CP Profit
Quantity (or Consumption) = × 100 = × 100 and Margin% = ×
CP CP SP
Percentage effect on area of rectangle/square etc. Area = 100 =
SP−CP
× 100.
SP
Length × Breadth
So, profit expressed as a percentage of SP is margin. In
Revenue calculation Revenue = Unit Sale × Price per unit
practical, profit is never calculated with CP as the
Anything that involves product of two quantities.
Base. It is always margin which is calculated with SP
The net percentage change when there are 3 successive as the base. Margin is almost always expressed in
increases of a, b and c % respectively is given by percentage so there is no need for us to write “margin
(a + b + c +
ab+bc+ac
+
abc
)% percent”. “Margin” automatically means “margin
100 10000 percent”.
Method 3: 100 to 125. Now 125 to 100, so we have
25/125 1 5, = 20%. 4. If profit % is 40, find the margin %.
5. If margin % is 30, find the profit %.
©SuperGrads Page 22 of 220
AVERAGES
The Average or Mean or Arithmetic Mean of a number of Ans: The sum of their ages is 18 × 10 = 180 years.
quantities is equal to their sum divided by their number. It is important to remember that the quantities whose
Average or Mean or AM = average is to be determined should have the same unit.
Sum of n quantities (or numbers) Mean in a Discrete Series
number of quantities (n)
In discrete series the values of the variable are multiplied
If X1, X2, X3 ….. Xn are the given n observations, then their
by the respective frequencies, the products are added
Arithmetic Mean (A.M.) usually denoted by j, is given by
𝑥1 +𝑥2 +𝑥3 +⋯.+𝑥𝑛 ∑𝑥
together and the total is divided by the number of item.
𝑥̅ = = , Where ∑ 𝑥 = Sum of n Symbolically, if f1, f2, f3, ….fn, are the frequency responding
𝑛 𝑛
observations. to the values x1, x2, x3, …. xn then A.M. is given by 𝑥̅ =
𝑓1 𝑥1 + 𝑓2 𝑥2 +𝑓3 𝑥3 …+𝑓𝑛 𝑥𝑛
6. Find the average of 7, 17, 20, 13, 2, 19. 𝑓1 +𝑓2 +𝑓3
Ans: The average of 7, 17, 20, 13, 2, 19 is
7+17+20+13+2+19 78 Average of two or more group taken together
m
= = 13 At times, average of two or more groups is required to be
6 6
The same formula can be modified to obtain the sum found out. In such cases, it is not possible to directly take
of given quantities as
Average x Number of quantities = Sum of quantities
. o
the average of the groups individually and find the new
c
average, but a different approach is required to solve such
questions. The following diagrammatic representation
rs
7. The average age of 10 students of a school is 18 years.
Find the sum of their ages. shall give you a clear view.
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8. The average number of runs scored by Tendulkar in the last 10 matches is 42. In the last 15 matches Ganguly scored
runs at an average rate of 57. What is the average of runs scored by both these batsmen?
Ans: Average of the runs scored
42×10+57×15 1275
= = = 51
10+15 25
(The student should note carefully that the correct method of finding the average is by the method given above, and
42 + 57
not as = 49.5. This would be wrong. Why.)
2
Weighted Average
The weighted average of a given number of quantities is the sum total of the products of the values and their
weightages divided by the total weightage.
𝐗𝟏 𝐖𝟏 𝐗 𝟏 × 𝐖𝟏
𝐗𝟐 𝐖𝟐 𝐗 𝟐 × 𝐖𝟐
𝐗𝟑 𝐖𝟑 𝐗 𝟑 × 𝐖𝟑
... … ….
… … ….
n n
∑ Wi ∑ Xi W1
𝑖=𝑙 𝑖=𝑙
∑n
𝑖=𝑙 𝑋1 Wi
Weighted Average = ∑n
𝑖=𝑙 Wi
9.
Ans:
c o m
The marks obtained by a student in his final year of graduation are Maths - 59, Physics- 81, Chemistry - 67, English -
74. The weights given to these subjects are 4, 2, 3 and 1 respectively. What is his overall average?
Subjects
Maths
Physics
Marks
59
81
Weight
4
2
S×W
rs
59 × 4 = 236
81 × 2 = 162
.
Chemistry
English
67
74
3
1
4
k e 67 × 3 = 201
74 × 1 = 74
4
Weighted Average =
673
= 67.3.
r an ∑ Wi = 10
𝑖=𝑙
∑ SiW1 = 673
𝑖+1
p
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10 tr-6H6B3D4E1B
Had the weights not been given, the average in this case would have become (9 + 81 + 67 + 74) ÷ 4 = 70.25.
Geometric Mean
o
The Geometric Mean of ‘n’ numbers is given by the nth root of the product of numbers.
T
𝐺𝑀 of 𝑋1 , 𝑋2 , 𝑋3 … . 𝑋𝑛 = 𝑛√𝑥1 × 𝑥2 × 𝑥3 × … .× 𝑥𝑛
73R4T1Q6L1U
The sum of the squares of the first n natural numbers
tr-6N6L√2 × 4 × 8 × 16 × 32 × 64 × 128 𝑛(𝑛+1)(2𝑛+1)
7 1 is given by
= √2 × 22 × 23 × 24 × 25 × 26 × 27 = 228/7 = 24 = 6
o
distribution is that value of the variate for which
c
frequency is maximum.
the items are equal to or less than it.
Computation of Median -
rs .
It is the value of the variable corresponding the
maximum of the ideal curve which gives the closest fit
to the actual distribution.
e
(1) Formula in case of individual series: Let x1, x2, ..., xn be
then values of a variable written in ascending order of 13. Find the mode of the following terms. 0, 1, 6, 7, 2, 3, 7,
magnitude. Then median denoted by Me or M or Md is
given by
Median = Value of the middle item
an k
6, 6, 2, 6, 0, 5, 6, 0.
Ans: Since 6 occurs 5 times and no other item occurs
5 or more than 5 times, hence mode is 6.
(i) When n is odd, then
Median =
𝑛+1
2
th value
p r SOME IMPORTANT
1.
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Average =
FORMULAE
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Sum of the observations
.
(ii) When n is even,
Median = {
1 nth
2 2
To n th
value + ( + 1) value}
2
3.
4.
Number of observations
Capacity utilisation =
Production
Installed capacity
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, …f
4Tk1Qf 6L
respectively. Let f1, f2, fk be the less than type
1U
5. Deficit = Demand − Supply.
cumulative frequencies. Then median is the lowest
Total profit
value of the variable for which the cumulative 6. Income per share = .
𝑁+1 Number of shares
frequency (F) exceeds where N is the total
2 Production of crop
frequency. 6L1U 7. Crop yield = .
tr-6N6L3R4T1Q Area under cultivation
18. 1 billion = 100 crores = 1,000 million. 3. Always look at the options. If they are sufficiently
widely spaced, then you tan make a quick choice.
Important Abbreviations: Saves time.
(1) G.D.P. - Gross Domestic Product.
(2) G.N.P. - Gross National Product. 4. Always set an order of question sets that you have to
(3) N.P. - Net Profit. attempt first, second, third etc. Intelligent Strategy.
(4) C.P.I. - Consumer Price Index. 5. If one question in a set (of 6 to 7 questions) is tough or
(5) C.I. - Compound Interest. involves very large calculations, leave it without a
(6) S.I. - Simple Interest.
(7) S.P. - Selling Price.
(8) C.P. - Cost Price. 6.
m
second thought. A void blunder.
o
Learn reciprocals of numbers, equivalent percentages
c
of fractions etc. to speed up your calculations. Saves
(9) G.P.M. - Gross Profit Margin.
(10) N.P.M. - Net Profit Margin. time.
rs .
Remember common approximations like
e
1
π ≈ 3.14, π2 ≈ 10,√2 ≈ 1.4, √3 ≈ 1.73 and ≈ 0.32
π
an k
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