Sample IIFT Data Interpretation Quiz - CAT MCQ

The following bar chart gives the percentage growth in the number of households in the middle, upper middle and high income categories in the four regions for the period from 1987-88 to 1994-95

Additional directions for the last two questions of this set: If the same data as the above were used, with the additional information that the numbers of households in each category were equally distributed in all the regions then

Q. What was the average income of the high-income group in 1987-88?

The following bar chart gives the percentage growth in the number of households in the middle, upper middle and high income categories in the four regions for the period from 1987-88 to 1994-95

Additional directions for the last two questions of this set: If the same data as the above were used, with the additional information that the numbers of households in each category were equally distributed in all the regions then

Q. The ratio of total income for the high income category to the upper middle class increased by how much  percent in the given period?

The following bar chart gives the percentage growth in the number of households in the middle, upper middle and high income categories in the four regions for the period from 1987-88 to 1994-95

Additional directions for the last two questions of this set: If the same data as the above were used, with the additional information that the numbers of households in each category were equally distributed in all the regions then

Q. The average income for the Northern region in 1987-88, was _____.

Group Question

Answer the following question based on the information given below.
Owing to a global economic slowdown the company Testa Ltd. has decided to review its employee compensation structure in order to cut costs. In the existing structure all 100 employees are paid a Fixed Salary (FS) equal to 10000 and a Variable Salary (VS), where the Variable Salary depends upon the performance of the company and is decided as a percentage of the Fixed Salary.

Employee salary = FS + VS The company is thinking of changing it into a variable pay structure where different groups of employees are paid as shown in the table below.

Where the Variable Salary depends on the company performance and is calculated as a percentage of Fixed salary.

Q. The company does not perform satisfactorily and decides on a variable salary = 10% of fixed salary. What  is the percentage gain/loss of the company if it uses the new structure with respect to the existing compensation structure?

Owing to a global economic slowdown the company Testa Ltd. has decided to review its employee compensation structure in order to cut costs. In the existing structure all 100 employees are paid a Fixed Salary (FS) equal to 10000 and a Variable Salary (VS), where the Variable Salary depends upon the performance of the company and is decided as a percentage of the Fixed Salary.

Employee salary = FS + VS The company is thinking of changing it into a variable pay structure where different groups of employees are paid as shown in the table below.

Where the Variable Salary depends on the company performance and is calculated as a percentage of Fixed salary.

Q. If the variable salary is decided as 15% of the fixed salary in the existing compensation structure, what should be the percentage variable pay in the new compensation structure such that there is no difference in total employee compensation between both the structures?

Owing to a global economic slowdown the company Testa Ltd. has decided to review its employee compensation structure in order to cut costs. In the existing structure all 100 employees are paid a Fixed Salary (FS) equal to 10000 and a Variable Salary (VS), where the Variable Salary depends upon the performance of the company and is decided as a percentage of the Fixed Salary.

Employee salary = FS + VS The company is thinking of changing it into a variable pay structure where different groups of employees are paid as shown in the table below.

Where the Variable Salary depends on the company performance and is calculated as a percentage of Fixed salary.

Q. The company is not satisfied with the cost savings from the new compensation structure and decides to retrench 9 employees from employee categories of A and B such that employees retrenched from category A is twice those retrenched from category B. The variable pay for the new compensation is declared to be 10%. What should be the percentage variable pay in the old compensation structure such that there is no difference between the two?

Owing to a global economic slowdown the company Testa Ltd. has decided to review its employee compensation structure in order to cut costs. In the existing structure all 100 employees are paid a Fixed Salary (FS) equal to 10000 and a Variable Salary (VS), where the Variable Salary depends upon the performance of the company and is decided as a percentage of the Fixed Salary.

Employee salary = FS + VS The company is thinking of changing it into a variable pay structure where different groups of employees are paid as shown in the table below.

Where the Variable Salary depends on the company performance and is calculated as a percentage of Fixed salary.

Q. If the total variable salary component of category A employees is equal to the total salary of category C employees, in the new system, then what percentage of the fixed salary is the variable salary?

Group Question

Answer the following question based on the information given below.
Analyze the charts given below that show the energy consumption and energy production of XYZ country from various sources. The difference in production and consumption of energy from any source is bridged through external trade (i.e. export or import) of energy from the same source. All the values are given in Terawatt-hours (Twh). 

Q. Which year registered the highest external trade in the energy  sector?  

Analyze the charts given below that show the energy consumption and energy production of XYZ country from various sources. The difference in production and consumption of energy from any source is bridged through external trade (i.e. export or import) of energy from the same source. All the values are given in Terawatt-hours (Twh). 

Q. In which year are the net imports of all the categories taken together the lowest?

Analyze the charts given below that show the energy consumption and energy production of XYZ country from various sources. The difference in production and consumption of energy from any source is bridged through external trade (i.e. export or import) of energy from the same source. All the values are given in Terawatt-hours (Twh). 

Q. Which of the following statement(s) is/are true? 
I. In each year, net exports are always less than the external trade.
II. Coal is always exported.
III. Net import of energy from at least one source is nil from 2009- 2014.

Group Question

Answer the following question based on the information given below.
Eight friends Raju, Ravi, Ramesh, Rahul, Arjun, Arvind, Anish and Atul are skilled at making Handicraft items. In order to make money using their skills, they decide to make a certain number of handicraft items and sell them at a Handicraft Expo. They decided to minimize time and maximize their productivity by forming two groups. The people whose names start with the letter ‘R’ form Group 1 and the people whose names start with the letter ‘A’ form Group 2. Each person from Group 1 forms a team each person from Group 2 to produce a certain number of handicraft items of a particular type, the details of which are given in the tables below.
Table 1 gives details of the type of handicraft item produced by each team. 

Table 2 gives details of the number of handicraft items produced by each team.

Table 3 gives the cost price and selling price of one item of each type

The money (Cost Price and Profit) is shared according to the number of items each one has worked on. For example, if Rahul and Arvind made 175 pots, the total cost price and the profit made by selling those pots would be shared equally.

Q. Who has worked on the maximum number of handicraft items? 

Eight friends Raju, Ravi, Ramesh, Rahul, Arjun, Arvind, Anish and Atul are skilled at making Handicraft items. In order to make money using their skills, they decide to make a certain number of handicraft items and sell them at a Handicraft Expo. They decided to minimize time and maximize their productivity by forming two groups. The people whose names start with the letter ‘R’ form Group 1 and the people whose names start with the letter ‘A’ form Group 2. Each person from Group 1 forms a team each person from Group 2 to produce a certain number of handicraft items of a particular type, the details of which are given in the tables below.
Table 1 gives details of the type of handicraft item produced by each team. 

Table 2 gives details of the number of handicraft items produced by each team.

Table 3 gives the cost price and selling price of one item of each type

The money (Cost Price and Profit) is shared according to the number of items each one has worked on. For example, if Rahul and Arvind made 175 pots, the total cost price and the profit made by selling those pots would be shared equally.

Q. For how many teams was the total selling price more than Rs. 15,000?

Eight friends Raju, Ravi, Ramesh, Rahul, Arjun, Arvind, Anish and Atul are skilled at making Handicraft items. In order to make money using their skills, they decide to make a certain number of handicraft items and sell them at a Handicraft Expo. They decided to minimize time and maximize their productivity by forming two groups. The people whose names start with the letter ‘R’ form Group 1 and the people whose names start with the letter ‘A’ form Group 2. Each person from Group 1 forms a team each person from Group 2 to produce a certain number of handicraft items of a particular type, the details of which are given in the tables below.
Table 1 gives details of the type of handicraft item produced by each team. 

Table 2 gives details of the number of handicraft items produced by each team.

Table 3 gives the cost price and selling price of one item of each type

The money (Cost Price and Profit) is shared according to the number of items each one has worked on. For example, if Rahul and Arvind made 175 pots, the total cost price and the profit made by selling those pots would be shared equally.

Q. For how many teams was the ratio of the total cost price to the total selling price less than 0.5?

Eight friends Raju, Ravi, Ramesh, Rahul, Arjun, Arvind, Anish and Atul are skilled at making Handicraft items. In order to make money using their skills, they decide to make a certain number of handicraft items and sell them at a Handicraft Expo. They decided to minimize time and maximize their productivity by forming two groups. The people whose names start with the letter ‘R’ form Group 1 and the people whose names start with the letter ‘A’ form Group 2. Each person from Group 1 forms a team each person from Group 2 to produce a certain number of handicraft items of a particular type, the details of which are given in the tables below.
Table 1 gives details of the type of handicraft item produced by each team. 

Table 2 gives details of the number of handicraft items produced by each team.

Table 3 gives the cost price and selling price of one item of each type

The money (Cost Price and Profit) is shared according to the number of items each one has worked on. For example, if Rahul and Arvind made 175 pots, the total cost price and the profit made by selling those pots would be shared equally.

Q. Which of the following statement(s) is/are true? 

I. The total profit earned by Atul is Rs. 6,000

II. The total selling price of all the items that Ramesh has worked on is Rs. 32,125

III. The team of Raju and Arjun had the lowest total selling price of the items they had produced.

Eight friends Raju, Ravi, Ramesh, Rahul, Arjun, Arvind, Anish and Atul are skilled at making Handicraft items. In order to make money using their skills, they decide to make a certain number of handicraft items and sell them at a Handicraft Expo. They decided to minimize time and maximize their productivity by forming two groups. The people whose names start with the letter ‘R’ form Group 1 and the people whose names start with the letter ‘A’ form Group 2. Each person from Group 1 forms a team each person from Group 2 to produce a certain number of handicraft items of a particular type, the details of which are given in the tables below.
Table 1 gives details of the type of handicraft item produced by each team. 

Table 2 gives details of the number of handicraft items produced by each team.

Table 3 gives the cost price and selling price of one item of each type

The money (Cost Price and Profit) is shared according to the number of items each one has worked on. For example, if Rahul and Arvind made 175 pots, the total cost price and the profit made by selling those pots would be shared equally.

Q. For which type of handicraft was the total number of items produced the highest?