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Test Level 2: Line Graph - CAT MCQ


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10 Questions MCQ Test - Test Level 2: Line Graph

Test Level 2: Line Graph for CAT 2024 is part of CAT preparation. The Test Level 2: Line Graph questions and answers have been prepared according to the CAT exam syllabus.The Test Level 2: Line Graph MCQs are made for CAT 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test Level 2: Line Graph below.
Solutions of Test Level 2: Line Graph questions in English are available as part of our course for CAT & Test Level 2: Line Graph solutions in Hindi for CAT course. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free. Attempt Test Level 2: Line Graph | 10 questions in 20 minutes | Mock test for CAT preparation | Free important questions MCQ to study for CAT Exam | Download free PDF with solutions
Test Level 2: Line Graph - Question 1
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Directions: Answer the given question based on the following line graph:
Calculate the increase in stock of cereal 1 for 1992

Detailed Solution for Test Level 2: Line Graph - Question 1

Within a year, increase/decrease in stock for any cereal cannot be determined from the given data.

Test Level 2: Line Graph - Question 2
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Directions: Study the given information carefully and answer the following question.

The graph below represents sales and net profit in Rs. crore of IVP Ltd. for five years from 1994-95 to 1998-99. During this period, the sales increased from Rs. 100 crore to Rs. 680 crore. Correspondingly, the net profit increased from Rs. 2.5 crore to Rs. 12 crore. Net profit is defined as the excess of sales over total costs.

Q. Defining profitability as the ratio of net profit to net sales, it can be concluded that

Detailed Solution for Test Level 2: Line Graph - Question 2

It can be seen that profitability did not follow a fixed pattern as the first three statements try to generalise it. Therefore, they are not applicable.

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Test Level 2: Line Graph - Question 3
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Directions: Study the given information carefully and answer the following question.

The graph below represents sales and net profit in Rs. crore of IVP Ltd. for five years from 1994-95 to 1998-99. During this period, the sales increased from Rs. 100 crore to Rs. 680 crore. Correspondingly, the net profit increased from Rs. 2.5 crore to Rs. 12 crore. Net profit is defined as the excess of sales over total costs.

Q. The highest percentage growth in net profit as compared to the previous year was seen in

Detailed Solution for Test Level 2: Line Graph - Question 3

From the graph, we can calculate the growth in profits.

The highest percentage growth in net profit as compared to the previous year was seen in 1995-96.

Test Level 2: Line Graph - Question 4
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Directions: Study the given information carefully and answer the following question.

The graph below represents sales and net profit in Rs. crore of IVP Ltd. for five years from 1994-95 to 1998-99. During this period, the sales increased from Rs. 100 crore to Rs. 680 crore. Correspondingly, the net profit increased from Rs. 2.5 crore to Rs. 12 crore. Net profit is defined as the excess of sales over total costs.

Q. The highest percentage of growth in sales over the previous year occurred in
Detailed Solution for Test Level 2: Line Graph - Question 4

From the graph, we know that the percentage growth in sales were:

It is but obvious from the above table that the maximum percentage increase in sales as compared to the previous year occurred in 1995-96.

Test Level 2: Line Graph - Question 5
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Directions: Study the following graph carefully and answer the question given below.

Q. The total number of units manufactured by companies R, S and U in the year 2006 is what percentage of the total number of units manufactured by Company P in all the years together?
Detailed Solution for Test Level 2: Line Graph - Question 5

The total number of units manufactured by companies R, S and U in the year 2006 = 19.4 + 22.5 + 28.2 = 70.1 thousands
The total number of units manufactured by Company P in all the years together = 4.5 + 7.2 + 8.5 + 9.8 + 12.5 + 15.4 = 57.9 thousands
Required percentage = 70.1/57.9 x 100

= 121.07

≈ 121

Test Level 2: Line Graph - Question 6
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Directions: Study the following graph carefully and answer the question given below.

Q. What is the average number of units sold by Company S in the years 2001, 2002, 2003, 2004 and 2005?
Detailed Solution for Test Level 2: Line Graph - Question 6

The total number of units sold by Company S in the years 2001, 2002, 2003, 2004 and 2005 = 4.6 + 11.5 + 16.4 + 18.5 + 20.5 = 71.5 thousands = 71,500 units

Required average = 71,500/5 = 14,300

Test Level 2: Line Graph - Question 7
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Directions: Study the following graph carefully and answer the question given below.

Q. What is the respective ratio of total number of units manufactured by companies Q and R together in the year 2001 to those manufactured by companies S and T together in the year 2003?
Detailed Solution for Test Level 2: Line Graph - Question 7

The total number of units manufactured by companies Q and R together in the year 2001 = 6.5 + 6.5 = 13 thousands
The total number of units manufactured by companies S and T together in the year 2003 = 16.4 + 12.5 = 28.9 thousands
Required ratio = 13 : 28.9
= 130 : 289

Test Level 2: Line Graph - Question 8
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Directions: Study the following graph carefully and answer the question given below.

Q. What is the average number of hard disks produced by Company 'X' over all the years together?
Detailed Solution for Test Level 2: Line Graph - Question 8

Total number of hard disks produced by Company 'X' over all the years together = 6 + 10 + 18 + 15 + 30 + 28 + 38 + 35 = 180 (in thousand) = 1,80,000

Required average = 1, 80, 000/8 = 22,500

Test Level 2: Line Graph - Question 9
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Directions: Study the following graph carefully and answer the question given below.

Q. What is the difference between the total number of hard disks and mouses produced by Company 'X' in the year 2010 and the total number of keyboards and pen drives produced by Company 'X' in the year 2015?
Detailed Solution for Test Level 2: Line Graph - Question 9

Total number of hard disks and mouses produced by Company 'X' in the year 2010 = 6 + 30 = 36 thousand = 36,000
Number of keyboards and pen drives produced by Company 'X' in the year 2015 = 55 + 36 = 91 thousand = 91,000
Required difference = 91,000 - 36,000 = 55,000

Test Level 2: Line Graph - Question 10
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Directions: Study the following graph carefully and answer the question given below.

Q. What was the respective ratio between the number of pen drives produced by Company 'X' in the years 2010, 2011, 2014 and 2015 and the number of hard disks produced by Company 'X' in the years 2011, 2012, 2015 and 2017?
Detailed Solution for Test Level 2: Line Graph - Question 10

The number of pen drives produced by Company 'X' in years 2010, 2011, 2014 and 2015 = 10 + 15 + 22 + 36 = 83 (in thousands)
The number of hard disks produced by Company 'X' in years 2011, 2012, 2015 and 2017 = 10 + 18 + 28 + 35 = 91 (in thousands)
Required ratio = 83 : 91

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