Numerical Reasoning Test 1 Nlng Job

Numerical Reasoning Test 1 Nlng Job
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2. Career
4. Job
12

Given Information

Share Price Today's Price (€) % Change Max Price (€) Min Price (€)
Huver Co. 1,150 1.10% 1,360 860
Drebs Ltd 18 0.50% 22 11
Fevs Plc 1,586 -9.00% 1,955 1,242
Fauvers 507 -1.00% 464 724
Steapars 2,537 1.00% 2,216 2,630
Dividend per Share (€) Huver Co. Drebs Ltd Fevs Plc Fauvers Steapars
Interim Dividend 0.83 0.44 0.34 0.09 0.48
Final Dividend 1.75 1.12 1.25 0.32 0.96

Interim and final dividends payable, which in combination make up the total annual dividend per share.


Question 1

Which share has shown the largest absolute range in price over the last year?
Show explanation Expand Question
The absolute range in price is calculated as the difference between the maximum price and the minimum price over the year.
Huver Co.: \(1{,}360 - 860 = 500\).
Drebs Ltd: \(22 - 11 = 11\).
Fevs Plc: \(1{,}955 - 1{,}242 = 713\).
Fauvers: \(|464 - 724| = 260\).
The largest of these values is 713, showing that Fevs Plc experienced the widest variation in price over the last year.
Not clear enough?

Question 2

What was yesterday’s cost difference between 50 shares in Fevs Plc and 100 shares in Steapars?
Show explanation Expand Question
Fevs Plc shows a 9% decrease today, so yesterday’s price is found by reversing the decrease:
\(\text{Yesterday’s price of Fevs} = \dfrac{1{,}586}{0.91} \approx 1{,}742.86\).
Cost of 50 Fevs shares yesterday:
\(50 \times 1{,}742.86 = 87{,}142.86\).

Steapars shows a 1% increase today, so yesterday’s price is:
\(\text{Yesterday’s price of Steapars} = \dfrac{2{,}537}{1.01} \approx 2{,}511.88\).
Cost of 100 Steapars shares yesterday:
\(100 \times 2{,}511.88 = 251{,}188\).

The difference in cost is:
\(251{,}188 - 87{,}142.86 \approx 164{,}045\).
Not clear enough?

Question 3

Today’s Drebs Ltd share price represents a 40% increase on the price one month ago. What was the price a month ago?
Show explanation Expand Question
A 40% increase means today’s price is \(1.4\) times the price one month ago.
Let the price one month ago be \(x\). Then:
\(1.4x = 18\).
Solving gives:
\(x = \dfrac{18}{1.4} \approx 12.86\).
This represents the original share price before the increase.
Not clear enough?

Question 4

How much is the total annual dividend payable for 1,550 shares in Drebs Ltd?
Show explanation Expand Question
The total annual dividend per share is the sum of the interim and final dividends.
For Drebs Ltd:
\(0.44 + 1.12 = 1.56\) Euros per share annually.
For 1,550 shares, the total dividend is:
\(1.56 \times 1{,}550 = 2{,}418\) Euros.
This gives the full annual dividend payable.
Not clear enough?

Question 5

If the exchange rate is 1.15 Euros to the £, what is today’s value of 250 Drebs Ltd shares (in £s)?
Show explanation Expand Question
First, calculate the total value of the shares in Euros.
Today’s price of one Drebs Ltd share is 18 Euros.
Value of 250 shares:
\(250 \times 18 = 4{,}500\) Euros.

Given the exchange rate of 1.15 Euros to £1, convert Euros to Pounds:
\(\dfrac{4{,}500}{1.15} \approx 3{,}913\).
This is the value of the shares in Pounds.
Not clear enough?

Given Information

Car fuel consumption  (miles to gallon)
Car Specifics Maximum speed (miles per hour) Cost
Taber 65 £12,500
Ursa 60 £15,250
Velvo 125 £37,500
Tink 95 £55,250
Xtam 110 £62,500

Question 6

A field sales agent plans to travel on average 4,250 miles per month driving along motorways in her Xtam car. What is her projected average annual consumption of fuel (in gallons)?
Show explanation Expand Question
The average monthly distance travelled is 4,250 miles.
The annual distance travelled is:
\(4,250 \times 12 = 51,000\) miles.
From the fuel consumption data, the Xtam car averages 34 miles per gallon on motorways.
The annual fuel consumption is therefore:\[\frac{51,000}{34} = 1,500 \text{ gallons}\]
Not clear enough?

Question 7

A car dealership has £600,000 to spend and wants to buy equal numbers of the Taber and Ursa cars. What is the largest number of each type of car that can be ordered?
Show explanation Expand Question
The cost of one Taber car is £12,500 and one Ursa car is £15,250.
The cost of one pair (one Taber and one Ursa) is:\[£12,500 + £15,250 = £27,750\]The maximum number of such pairs that can be bought with £600,000 is:\[\frac{600,000}{27,750} \approx 21.6\]Since only whole cars can be purchased, the largest possible number is 21 of each type.
Not clear enough?

Question 8

What is the ratio of the cost of a Taber: Velvo: Xtam?
Show explanation Expand Question
The cost of a Taber is £12,500, a Velvo is £37,500, and an Xtam is £62,500.
Writing the ratio gives:\[12,500 : 37,500 : 62,500\]Dividing each term by 12,500 simplifies the ratio to:\[1 : 3 : 5\]This is already in its simplest form.
Not clear enough?

Question 9

A Tink car is taken on a test drive for 90 minutes around the city. If the average speed is 34 miles per hour how much fuel is consumed?
Show explanation Expand Question
The time of the journey is 90 minutes, which is \(1.5\) hours.
The distance travelled is:\[34 \times 1.5 = 51 \text{ miles}\]From the fuel consumption data, the Tink car averages 34 miles per gallon in city driving.
The fuel used is therefore:\[\frac{51}{30} = 1.5 \text{ gallons}\]
Not clear enough?

Question 10

A family plans to spend a month driving around Scottish cities where the average cost of a gallon of petrol is £4.75. If the family drive 1,500 miles in their Velvo, what would be the family’s total petrol costs (to the nearest £)?
Show explanation Expand Question
From the fuel consumption data, the Velvo car averages 35 miles per gallon.
The total fuel needed is:\[\frac{1,500}{35} = 42.857 \text{ gallons}\]The total cost of petrol is therefore:\[42.857 \times 4.75 = 203.57\]Rounded to the nearest pound, this is approximately £204.
Not clear enough?

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Numerical-reasoning test-1 Nlng Job
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