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Practice Test: Pie Chart - 3 - CAT


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10 Questions MCQ Test Logical Reasoning (LR) and Data Interpretation (DI) - Practice Test: Pie Chart - 3

Practice Test: Pie Chart - 3 for CAT 2023 is part of Logical Reasoning (LR) and Data Interpretation (DI) preparation. The Practice Test: Pie Chart - 3 questions and answers have been prepared according to the CAT exam syllabus.The Practice Test: Pie Chart - 3 MCQs are made for CAT 2023 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Practice Test: Pie Chart - 3 below.
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Practice Test: Pie Chart - 3 - Question 1

Direction: Refer to the following information on prices and production of crude oil for the period 1973-80 and answer the questions given below. In the first graph, the lines show the prices of crude oil per barrel for domestic production and imports while the bars show the domestic price as a percentage of the import price. In the second graph, the bars show average production of barrels per day in the US and Non-OPEC countries, while the line shows the consumption of oil in the US.

Q. In 1979, if the US imported crude oil in order to meet demands, what is the total cost of imported crude oil?   

Detailed Solution for Practice Test: Pie Chart - 3 - Question 1

The total consumption of crude oil in the US in 1979 is 21,200 barrels per day while the total domestic production of crude oil is 9,500 barrels per day.

This means that the US has to import 11,700 barrels of crude oil per day.
In 1979, the cost of imported crude oil was $ 21.5 per barrel.
So the total cost of imported oil is 11700 ? 21.5
= $ 251,550 per day.

Practice Test: Pie Chart - 3 - Question 2

Direction: Refer to the following information on prices and production of crude oil for the period 1973-80 and answer the questions given below. In the first graph, the lines show the prices of crude oil per barrel for domestic production and imports while the bars show the domestic price as a percentage of the import price. In the second graph, the bars show average production of barrels per day in the US and Non-OPEC countries, while the line shows the consumption of oil in the US.

Q. What is the difference between the total cost of domestic production of crude oil in the US in 1975 and the total cost of crude oil imported by the US in order to meet demands in this year?

Detailed Solution for Practice Test: Pie Chart - 3 - Question 2

In 1975, the domestic production of crude oil in the US was 8250 barrels per day while the consumption was 18000 barrels per day.

This means that the US had to import 9750 barrels per day.
The price of domestic and imported oil in 1975 was $ 8 and $ 13.5 per barrel respectively.
So the total cost of domestic oil was $ 66,000 / day while the cost of imported oil was $ 131,625 per day.
Thus the required difference is $ 65,625 per day.

Practice Test: Pie Chart - 3 - Question 3

Direction: Refer to the following information on prices and production of crude oil for the period 1973-80 and answer the questions given below. In the first graph, the lines show the prices of crude oil per barrel for domestic production and imports while the bars show the domestic price as a percentage of the import price. In the second graph, the bars show average production of barrels per day in the US and Non-OPEC countries, while the line shows the consumption of oil in the US.

Q. Which of the following statements is/are true?

1) The percentage change in the price of imported crude oil in 1974 is approximately 120%.

2) In 1977, the absolute difference between the percentage change in the price of domestic oil and the percentage change in the price of imported oil is approximately 2.

3) The percentage change in the consumption of oil by the US from 1973 to 1979 is -80%.

4) In 1977, the ratio of production of oil by non-OPEC countries to that by the US is 4.25.

Detailed Solution for Practice Test: Pie Chart - 3 - Question 3

The percentage change in the price of imported crude oil in 1974 is (12.5 – 4.5)/4.5 ? 177%.

So statement I is false.
The percentage change in the price of domestic crude oil is (9 - 8.5)/8.5 ? 5.88% while the percentage change in the price of imported crude oil is
(14 – 13)/13 = 7.69%. 
The difference is 5.88 - 7.69 = -1.81.
So statement II is true.
The consumption of crude oil by the US has changed by (21200 – 19000)/ 19000 ? 11.57%.
So statement III is false.
The production of crude oil by non-OPEC countries and the US in 1977 is 28,000 and 9,000 respectively. The required ratio is 3.11. So statement IV is false.

Practice Test: Pie Chart - 3 - Question 4

Direction: Refer to the following information on prices and production of crude oil for the period 1973-80 and answer the questions given below. In the first graph, the lines show the prices of crude oil per barrel for domestic production and imports while the bars show the domestic price as a percentage of the import price. In the second graph, the bars show average production of barrels per day in the US and Non-OPEC countries, while the line shows the consumption of oil in the US.

Q. What is the difference between the percentage change in the price of imported oil and the price of domestic oil in 1976?

Detailed Solution for Practice Test: Pie Chart - 3 - Question 4

The price of imported oil has changed by
(13 - 13.5)/13.5 = -3.7%, while the change in the price of domestic oil is (8.5 – 8)/8 = 6.25%.
The difference between these values is difference
= – 3.7 – 6.25= – 9.95.

Practice Test: Pie Chart - 3 - Question 5

Direction: Table A shows the number of hits scored by leading male actors of the Bollywood film industry in the past 5 years. Table B gives data on who were leading ladies in each of these hit films. The data for the four established actresses is given separately, while the hits of all the other heroines are clubbed under the head “Others”.

Note:

  • AR and SK have vowed never to work together in a film. Also PZ has not yet worked with VO.
  • Among the four established actresses, AK only works with RM.
  • All of SRK’s hits in the past 5 years have been with only two actresses.
  • VO only works with established actresses.

Q. In 2002, SRK’s two hits have been with

Detailed Solution for Practice Test: Pie Chart - 3 - Question 5

If AK only works with RM, then 2003 hit of AK is with RM.
Hence SRK in 2003 combined with PZ to give a hit. If AR and SK do not work together, then AR’s two hits in 2000 are with SRK and VO.
Hence SK’s hit in 2000 is with RM.
SRK has had hits with PZ and AR in 2003 and 2000 respectively. So SRK’s hits in 2002 are with PZ and AR. Also SRK’s in 2004 is with AR. VO’s 2004 hit is with MD.
As VO has had 2 hits in 2001, at least one of them is with MD. Given that PZ has not worked with VO, then VO’s 2nd hit in 2001 is with RM. Hence in 2001, PZ has a hit with HR. So in 2002, SRK’s two hits are with PZ and AR.
Hence 1st option.

Practice Test: Pie Chart - 3 - Question 6

Direction: Table A shows the number of hits scored by leading male actors of the Bollywood film industry in the past 5 years. Table B gives data on who were leading ladies in each of these hit films. The data for the four established actresses is given separately, while the hits of all the other heroines are clubbed under the head “Others”.

Note:

  • AR and SK have vowed never to work together in a film. Also PZ has not yet worked with VO.
  • Among the four established actresses, AK only works with RM.
  • All of SRK’s hits in the past 5 years have been with only two actresses.
  • VO only works with established actresses.

Q. Which actor/actors had the highest number of hits with “other” actresses?

Detailed Solution for Practice Test: Pie Chart - 3 - Question 6

The 2 hits of others in 2004 are with HR and SK, and the three hits in 2002 are with AK, HR and SK.

Practice Test: Pie Chart - 3 - Question 7

Direction: Table A shows the number of hits scored by leading male actors of the Bollywood film industry in the past 5 years. Table B gives data on who were leading ladies in each of these hit films. The data for the four established actresses is given separately, while the hits of all the other heroines are clubbed under the head “Others”.

Note:

  • AR and SK have vowed never to work together in a film. Also PZ has not yet worked with VO.
  • Among the four established actresses, AK only works with RM.
  • All of SRK’s hits in the past 5 years have been with only two actresses.
  • VO only works with established actresses.

Q. MD’s two hits in the past 5 years have been with     

Detailed Solution for Practice Test: Pie Chart - 3 - Question 7

MD’s both hits have been with VO.
Hence 2.

Practice Test: Pie Chart - 3 - Question 8

Direction: Table A shows the number of hits scored by leading male actors of the Bollywood film industry in the past 5 years. Table B gives data on who were leading ladies in each of these hit films. The data for the four established actresses is given separately, while the hits of all the other heroines are clubbed under the head “Others”.

Note:

  • AR and SK have vowed never to work together in a film. Also PZ has not yet worked with VO.
  • Among the four established actresses, AK only works with RM.
  • All of SRK’s hits in the past 5 years have been with only two actresses.
  • VO only works with established actresses.

Q. HR’s hits have been with      

Detailed Solution for Practice Test: Pie Chart - 3 - Question 8

HR’s hits have been with PZ in 2001 and others in 2002 and 2004. Hence 3.

Practice Test: Pie Chart - 3 - Question 9

Direction: Refer to the following information and answer the questions given below.

The table below shows the financial performance of business houses for a particular year. Study the table and answer the questions based on the information contained in the table.

Q. If executive compensation is a function of operating profit on sales, which organisation would be the most remunerative for an executive?

Detailed Solution for Practice Test: Pie Chart - 3 - Question 9

Operating Profit/Sales for Birla
= 324145/1280812 = 0.253.
Operating Profit/Sales for Mafatlal
= 26485/1611263 = 0.016.
Operating profit/Sales for RPG
= 62580/289391 = 0.216.
Operating profit/Sales for ESSAR
= 91092/155391 = 0.586.

Thus ESSAR is the best choice.

Practice Test: Pie Chart - 3 - Question 10

Direction: Refer to the following information and answer the questions given below.

The table below shows the financial performance of business houses for a particular year. Study the table and answer the questions based on the information contained in the table.

Q. If dividends are a function of net profit over net worth, which company should a person invest in? 

Detailed Solution for Practice Test: Pie Chart - 3 - Question 10

Net Profit / Net Worth is highest for ITC.
Hence a person should invest in ITC.

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