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Data Interpretation Questions play an important role in all the competitive exams, so we are providing here most expected Data Interpretation Set Which will help you to boost your Data Interpretation skills. All the aspirants who are preparing for bank examinations or other competitive examinations can take benefits from this set.
Directions (1 – 5): Based on the given passage, answer the questions that follow. A invested Rs. 50000 in a company at the beginning of the year. After a few months, B invested Rs. 40000 in the same company. At the end of the year, A received Rs. 12000 as his share of profit for the year. In the next year, A and B again invested the same amount as they did in the previous year for the whole year. After 3 months, C invested Rs. 60000 and received Rs. 4500 as his share of profit at the end of the second year.
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Question 1 of 5
In the third year, if A, B and C invested the same amount as before in the second of the year, what is C’s share in a profit of Rs. 60000?
Correct
Answer: c)
In third year,
A’s investment = Rs. 50000 for 12 months
B’s investment = Rs. 40000 for 12 months
C’s investment = Rs. 60000 for 12 months
Hence,
⇒ A’s share : B’s share : C’s share = 50000 : 40000 : 60000
⇒ A’s share : B’s share : C’s share = 5 : 4 : 6
∴ C’s share = (6/15) × 60000 = Rs. 24000
Incorrect
Answer: c)
In third year,
A’s investment = Rs. 50000 for 12 months
B’s investment = Rs. 40000 for 12 months
C’s investment = Rs. 60000 for 12 months
Hence,
⇒ A’s share : B’s share : C’s share = 50000 : 40000 : 60000
⇒ A’s share : B’s share : C’s share = 5 : 4 : 6
∴ C’s share = (6/15) × 60000 = Rs. 24000
Question 2 of 5
What is the share of A in the profit in the second year?
Correct
Answer: d)
In second year,
A’s investment = Rs. 50000 for 12 months
C’s investment = Rs. 60000 for (12 – 3) = 9 months
C’s share = Rs. 4500
Hence,
⇒ (50000 × 12) : (60000 × 9) = A’s share : 4500
⇒ 10 : 9 = A’s share : 4500
⇒ A’s share = (10/9) × 4500
∴ A’ share = Rs. 5000
Incorrect
Answer: d)
In second year,
A’s investment = Rs. 50000 for 12 months
C’s investment = Rs. 60000 for (12 – 3) = 9 months
C’s share = Rs. 4500
Hence,
⇒ (50000 × 12) : (60000 × 9) = A’s share : 4500
⇒ 10 : 9 = A’s share : 4500
⇒ A’s share = (10/9) × 4500
∴ A’ share = Rs. 5000
Question 3 of 5
If B invested in the company after 4 months, what is the ratio of the share in profit of A and B?
Correct
Answer: e)
A’s investment = Rs. 50000 for 12 months
B’s investment = Rs. 40000 for (12 – 4) = 8 months
∴ Ratio of their share in profit = (50000 × 12) : (40000 × 8) = 15 : 8
Incorrect
Answer: e)
A’s investment = Rs. 50000 for 12 months
B’s investment = Rs. 40000 for (12 – 4) = 8 months
∴ Ratio of their share in profit = (50000 × 12) : (40000 × 8) = 15 : 8
Question 4 of 5
If B received Rs. 5600 as his share of profit at the end of first year, after how many months did he invested in the company?
Correct
Answer: c)
Let B invested in the company after ‘x’ months
A’s investment = Rs. 50000 for 12 months
B’s investment = Rs. 40000 for (12 – x) months
A’s share = Rs. 12000
B’s share = Rs. 5600
Hence,
⇒ (50000 × 12) : [40000 × (12 – x) ] = 12000 : 5600
⇒ (5 × 12) : [4 × (12 – x) ] = 120 : 56
⇒ 60 : (48 – 4x) = 120 : 56
⇒ (60 × 56)/120 = 48 – 4x
⇒ 28 = 48 – 4x
⇒ 4x = 20
⇒ x = 5
∴ B invested in the company after 5 months
Incorrect
Answer: c)
Let B invested in the company after ‘x’ months
A’s investment = Rs. 50000 for 12 months
B’s investment = Rs. 40000 for (12 – x) months
A’s share = Rs. 12000
B’s share = Rs. 5600
Hence,
⇒ (50000 × 12) : [40000 × (12 – x) ] = 12000 : 5600
⇒ (5 × 12) : [4 × (12 – x) ] = 120 : 56
⇒ 60 : (48 – 4x) = 120 : 56
⇒ (60 × 56)/120 = 48 – 4x
⇒ 28 = 48 – 4x
⇒ 4x = 20
⇒ x = 5
∴ B invested in the company after 5 months
Question 5 of 5
At the end of the first year, what amount did B received as his share of profit?
Correct
As the time duration for which B invested his money is not known, his share of profit couldn’t be determined.
Incorrect
As the time duration for which B invested his money is not known, his share of profit couldn’t be determined.
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