Data Interpretation Line Chart Questions Answers 2016

Data Interpretation Line Chart Questions Answers 2016

Data Interpretation Line Chart:

Quantitative Aptitude Questions Data Interpretation Line Chart: Data Interpretation is an important section and to get more score in all the competitive exams. It is a separate section in SBI PO and SBI Associate PO exams and in IBPS 10-15 Questions compulsory. There is no proper guide and material available in the market to prepare for this Data Interpretation section.Most of the books are provided but these are may be outdated. So I decided to provide study material to all readers via this page (website).I will keep on sharing more and more updated questions and answers and practice questions in coming weeks.Stay tuned for more updates.

Data Interpretation Line Chart -I: 

Read the Following Pie Chart carefully and answer the questions given below

Two different finance companies declare fixed annual rate of interest on the amounts invested with them by investors. The rate of interest offered by these companies may differ from year to year depending on the variation in the economy of the country and the banks rate of interest. The annual rate of interest offered by the two Companies P and Q over the years are shown by the line graph provided below.

Data Interpretation Line Chart -I
Data Interpretation Line Chart -I

1).A sum of Rs. 4.75 lakhs was invested in Company Q in 1999 for one year. How much would more interest have been earned if the sum was invested in Company P?

  1. 19,000
  2. 14,250
  3. 11,750
  4. 9500

[toggle title=”View answer And Explanation” state=”close”]4

Difference = Rs. [(10% of 4.75) – (8% of 4.75)] lakhs

= Rs. (2% of 4.75) lakhs

= Rs. 0.095 lakhs =

Rs. 9500.

[/toggle]

2).If two different amounts in the ratio 8:9 are invested in Companies P and Q respectively in 2002, then the amounts received after one year as interests from Companies P and Q are respectively in the ratio?

  1. 2:3
  2. 3:4
  3. 6:7
  4. 4:3

[toggle title=”View answer And Explanation” state=”close”]4

Let the amounts invested in 2002 in Companies P and Q be Rs. 8x and Rs. 9x respectively.

Then, interest received after one year from Company P= Rs. (6% of 8x)
= Rs. (48/100 )X

and interest received after one year from Company Q= Rs. (4% of 9x)
= Rs. (36/100)x.

Therefore Required ratio = {[(48/100 )X ] / (36/100)X.}
=4/3

[/toggle]

3.In 2000, a part of Rs. 30 lakhs was invested in Company P and the rest was invested in Company Q for one year. The total interest received was Rs. 2.43 lakhs. What was the amount invested in Company P?

  1. 9 Lakhs
  2. 11 Lakhs
  3. 12 Lakhs
  4. 18 Lakhs

[toggle title=”View answer And Explanation” state=”close”]4

Let Rs. x lakhs be invested in Company P in 2000, the amount invested in Company Q in 2000 = Rs. (30 – x) lakhs.

Total interest received from the two Companies after 1 year

= Rs. [(7.5% of x) + {9% of (30 – x)}] lakhs

X=18

[/toggle]

4.An investor invested a sum of Rs. 12 lakhs in Company P in 1998. The total amount received after one year was re-invested in the same Company for one more year. The total appreciation received by the investor on his investment was?

  1. Rs. 2,96,200
  2. Rs. 2,42,200
  3. Rs. 2,25,600
  4. Rs. 2,16,000

[toggle title=”View answer And Explanation” state=”close”]3

Amount received from Company P after one year (i.e., in 199) on investing Rs. 12 lakhs in it

= Rs. [12 + (8% of 12)] lakhs

= Rs. 12.96 lakhs.

Amount received from Company P after one year on investing Rs. 12.96 lakhs in the year 1999

= Rs. [12.96 + (10% of 12.96)] lakhs

= Rs. 14.256.

Appreciation received on investment during the period of two years

= Rs. (14.256 – 12) lakhs

= Rs. 2.256 lakhs

= Rs. 2,25,600.

[/toggle]

Leave a Reply