Numerical Test 10

Solutions Booklet

Instructions

This numerical reasoning test comprises 30 questions, and you will have 30 minutes in
which to correctly answer as many as you can. Calculators are permitted for this test, and it is
recommended you have some rough paper to work on.

You will have to work quickly and accurately to perform well in this test. If you don't know the
answer to a question, leave it and come back to it if you have time. Each question will have
five possible answers, one of which is correct. You may click Back and Next during the test to
review or skip questions.

You can submit your test at any time. If the time limit is up before you click submit the test will
automatically be submitted with the answers you have selected. It is recommended to keep
working until the time limit is up.

Try to find a time and place where you will not be interrupted during the test. The test will
begin on the next page.

AssessmentDay
Practice Aptitude Tests
 Q1 If worldwide sales comprise US sales, EU sales and Far Eastern sales,
which products had the highest annual Far Eastern Sales?

(A) Product A
(B) Product B
(C) Product C
(D) Product D
(E) Product E

Step 1 - Sum the half-yearly US and the EU sales to get the annual sales for each product:

US annual sales EU annual sales US annual sales + EU annual sales

Product A 105 181.9 286.9
Product B 120.3 150 270.3
Product C 118.5 180.2 298.7
Product D 150.6 203.5 354.1
Product E 150.9 184 334.9

Step 2 – Calculate Far Eastern sales for each product (= worldwide sales - US annual sales +
EU annual sales)
Product A 320 - 286.9 = 33.1
Product B 300 - 270.3 = 29.7
Product C 330 - 298.7 = 31.3
Product D 380 - 354.1 = 25.9
Product E 350 - 334.9 = 15.1

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 Tip: in practice, when the time is ticking, you wouldn’t bother writing down the sums; you’d
just enter the numbers for each product straight into your calculator and write down the Far
Eastern Sales. You’re also less likely to make a data-entry mistake this way.

Thus the correct answer is (A) Product A

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 Q2 For the five products combined there was a difference between total annual
Sales and the total annual Sales Target. How did this difference compare for
the US and the EU?

(A) £27.1 million (US); £25.8 million (EU)

(B) £638.3 million (US); £908.2 million (EU)
(C) £4.7 million (US); £10.4 million (EU)
(D) £271.7 million (US); £258.2 million (EU)
(E) Can’t tell

Step 1 – Sum the Jan-June sales (US) and the July-Dec sales (US)
325.3 + 320 = £645.3 million

Step 2 – Calculate the difference compared to the US target (£650 million)

650 –645.3 = £4.7 million

Step 3 – Sum the Jan-June (European) and the July-Dec sales (EU)
445.2 + 454.4 = £899.6 million

Step 4 – Calculate the difference compared to the European target (£910 million)
910 – 899.6 = £10.4 million

Tip - In this question, it would have been possible to answer the question after working out
just the US difference, but this is often not the case.

Thus the correct answer is (C) £4.7 million (US); £10.4 million (EU)

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 Q3 If the annual EU sales for Products B and C both comprise online: offline
sales in a ratio of 2:3 then what are the online EU sales for Products B and C
combined?

(A) £198,120,000
(B) £19,812,000
(C) £13,208,000
(D) £132,080,000
(E) None of These

Step 1 – Calculate the EU sales for Products B and C

88.0 + 92.2 + 72.2 + 77.8 = 330.2 (£million)

Step 2 – Use the ratio to find online sales.

online: offline = 2:3
330.2 = 2x + 3x = 5x
x = 330.2/5 = 66.04
online sales = 2x = 132.08

Tip - In practice it’s quicker to just multiply 330.2 by (2/5) to obtain the ratio.

Thus the correct answer is (D) £132,080,000

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 Q4 How much US and EU annual sales tax is due for Products B, C and D
combined (to the nearest £million)?

(A) £244 million

(B) £211 million
(C) £149 million
(D) £243 million
(E) £120 million

Step 1 - Calculate the US sales tax for Products B, C, D combined.

US annual sales US Sales tax on first £130 million
Products B, 120.3 + 118.5 + 150.6 = 389.4
C, D 130 x 0.24 = 31.2 (£million)
Total US sales tax = £31.2 million

Step 2 - Calculate the European sales tax

EU annual sales EU sales tax
Products B, C, D 150 + 180.2 + 203.5 = 533.7 533.7 x 0.22 = 117.414 (£million)
Total EU sales tax = £117.414 million

Step 3 – Calculate the total sales tax

31.2 + 117.414 = 148.614

Tip - Notice as long as you check the US sales are over £130 million, you don’t actually have
to calculate the total because there is no tax on sales over £130 million.

Thus the correct answer is (C) £149 million

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 Q5 Which of the following represents the smallest amount?

(A) Product B’s change in EU sales between Jan-June and July-Dec

(B) 7% of Product D’s US sales (Jan-June)
(C) Product E’s change in US sales between Jan-June and July-Dec
(D) Average US Product A sales per month (July-Dec)
(E) Average US Product C sales per month (Jan-June)

Step 1 - Calculate each figure as follows;

77.8 – 72.2 = £5.6 million

76.5 x 0.07 = £5.355 million
78.2 – 72.7 = £5.5 million
50.5 / 6 = £8.42 million
60.5 / 6 = 10.08 million

Tip: Remember to quickly re-scan the question because some people will put down the
LARGEST value (E) not the SMALLEST (B).

Thus the correct answer is (B) 7% of Product D’s US sales (Jan-June)

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 Q6 A rights issue brings an additional 10% of Studt Systems shares to the
market. If the current price per share drops by 8%, what is Studt Systems’
new company value (to the nearest £million)?

(A) £166 million

(B) £167 million
(C) £16.6 million
(D) £1,670,000
(E) £169 million

Step 1 – Calculate the new number of company shares

55 x 110% = 60.5 million shares

Step 2 – Calculate the new price

300 x 92% = £2.76

Step 3 – Calculate the Company Value

£2.76 x 60.5 million = £166.98 million = £167 million (to the nearest million)

Thus the correct answer is (B) £167 million

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 Q7 At current prices, if the owner of 150,000 Studt Systems shares collected the
dividend then sold the shares, how many Tombe shares could they buy with
the proceeds (to the nearest 10,000)?

(A) 290,000
(B) 280,000
(C) 270,000
(D) 260,000
(E) 250,000

Step 1 – Calculate the Company Share value including the dividend

150,000 x (3.00 + 0.08) = £462,000

Step 2 – Calculate the number of Tombe shares

462,000/1.85 = 249,730

Thus the correct answer is (E) 250,000

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 Q8 Which share has changed in price by the largest amount since the previous
day?

(A) Relf plc

(B) Studt Systems
(C) Xan Inc
(D) IWE Ltd
(E) Cannot Say

Step 1 – Calculate the Previous Day’s Price for each share listed as an answer option.
Previous Day’s Price = Previous Day’s Company Value / Total number of Company Shares.

Relf plc= 240 / 80 = £3.00

Studt Systems = 171 / 55 = £3.11
Xan Inc. = 28 / 12 = £2.33
IWE Ltd = 200 / 114 = £1.75

Step 2 – Calculate the difference with the Current price for each share, as follows;
Relf plc = 3.00 - 2.75 = 0.25
Studt Systems = 3.11 – 3.00 = 0.11
Xan Inc. = 2.33 - 2.28 = 0.05
IWE Ltd = 1.75 - 1.48 = 0.27

Thus the correct answer is (D) IWE Ltd

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 Q9 A day trader bought 50,000 Tombe shares at last month’s low, received the
Tombe dividend and then sold all these shares at last month’s high. What was
the approximate percentage gain or loss?

(A) 25.3%profit
(B) 19.4%profit
(C) 25.3% loss
(D) 20.5%loss
(E) 20.5% profit

Step 1 – Calculate the cost to buy the shares

50,000 x £1.70 = £85,000

Step 2 – Calculate the profit from the change in share price

£2.03 x 50,000 = £101,500
£101,500 - £85,000 = £16,500

Step 3 – Add the dividend

£16,500 + (0.10 x 50,000) = £21,500

Step 4 – Calculate the %

21,500/85,000 = 25.3%

Tip: notice that one of the multiple choice options is the answer if you forgot to add the
dividend (19.4% profit). This is called a distractor.

Thus the correct answer is (A) 25.3% profit

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 Q10 A trader has £185,000 to invest and decides to invest this money equally
across the 5 shares shown. How many Tombe and IWE Ltd shares does the
trader purchase at current prices?

(A) 2,000 Tombe shares; 2,250 IWE Ltd shares

(B) 20,000 Tombe shares; 225 IWE Ltd shares
(C) 20,000 Tombe shares; 25,000 IWE Ltd shares
(D) 2,000 Tombe shares; 225,000 IWE Ltd shares
(E) None of these

Step 1 – Calculate the amount invested per share

£185,000/5 = £37,000

Step 2 – Calculate the number of Tombe shares

37,000/1.85 =20,000

Step 3 – Calculate the number of IWE Ltd shares

37 000/1.48 = 25,000

Thus the correct answer is (C) 20,000 Tombe shares; 25,000 IWE Ltd shares

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 Q11 Which regional store sold the second highest number of new mobile phone
contracts for the Platinum and Gold packages combined (over the previous 12
months)?

(A) Central
(B) Northern
(C) Southern
(D) Eastern
(E) Western

Step 1 - Calculate the combined Platinum and Gold packages for each of IK-Connections
Ltd’s regional stores:

Platinum package Gold package Total

4,540 4,854 9,394

4,725 5,005 9,730
4,584 5,123 9,707
4,682 4,759 9,441
4,884 5,256 10,140

Thus the correct answer is (B) Northern

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 Q12 If the price of each package was a one-off payment and not a monthly charge,
what would be the difference in revenue between the package with the lowest
number of sales and the package with the highest number of sales over the 12
month period, across all regions combined?

(A) £151,740
(B) £101,750
(C) £15,400
(D) £5,747
(E) Cannot Say

Step 1 – Find the highest selling and the lowest selling number of new mobile phone
contracts by totaling sales across all 5 regional stores for each package

Platinum Gold package Silver package Bronze package

package
Central 4,540 4,854 5,083 5,425
Northern 4,725 5,005 5,382 5,846
Southern 4,584 5,123 5,759 5,428
Western 4,682 4,759 4,956 4,869
Eastern 4,884 5,256 4,982 4,592
TOTAL 23,415 24,997 26,162 26,160

Step 2 – Calculate the difference in sale values between the Silver and Platinum packages
Silver package = 26,162 x £30 = £784,860
Platinum package = 23,415 x £40 = £936,600
Difference = £936,600 - £784,860 = £151,740

Thus the correct answer is (A) £151,740

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 Q13 What is the difference in average monthly sale values between the most and
the least expensive packages? Referring to the initial cost of the package
only and not subsequent monthly payments.

(A) £1,850
(B) £2,745
(C) £23,550
(D) £27,450
(E) Cannot Say

Step 1 – The table shows the most (£40 per month) and least expensive packages (£25 per
month)

Step 2 – Calculate the difference in monthly average monthly packages sold

Platinum package Bronze package

Central 4,540 5,425
Northern 4,725 5,846
Southern 4,584 5,428
Western 4,682 4,869
Eastern 4,884 4,592
ANNUAL TOTAL 23,415 26,160
MONTHLY AVERAGE 1951.25 2180
VALUE 1951.25 x £40 = £78,050 2180 x £25 = £54,500

Difference = £78,050 - £54,500 = £23,550

Thus the correct answer is (C) £23,550

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 Q14 Assuming the only costs are those of the monthly package, what was the
annual cost saving for a customer who switched from the Gold to the Bronze
package?

(A) £10
(B) £50
(C) £75
(D) £120
(E) £180

This is a relatively easy one.

Step 1 – Calculate the monthly difference
£35 - £25 = £10

Step 2 – Calculate the annual difference

£10 x 12 = £120

Thus the correct answer is (D) £120

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 Q15 Over the next twelve months the number of Bronze package sales increases
by 12.5% and 25% for the Eastern and Southern regional stores
respectively, whilst other sales remain the same. What are the total Bronze
package sales for the next twelve months across all IK-Connections stores?

(A) 28,091
(B) 28,951
(C) 30,091
(D) 31,951
(E) 30,020

Step 1 – Calculate the increase for the Eastern and Southern regional stores, then add the
number of packages sold for the other 3 regional stores, as shown below;

Original Bronze package Increase New Value

Central 5,425
Northern 5,846
Southern 5,428 5,428 x 125% = 6,785 6,785
Western 4,869
Eastern 4,592 4,592 x 112.5% = 5,166 5,166
Total = 28,091

Thus the correct answer is (A) 28,091

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 Q16 What is the average quarterly turnover for Syballe Sons compared to the
Competitor Consultancy Firm across Quarters 1-4?

(A) £90,000 Syballe Sons; £197,500 Competitor Consultancy Firm

(B) £96,000 Syballe Sons; £200,000 Competitor Consultancy Firm
(C) £90,000 Syballe Sons; £25,750 Competitor Consultancy Firm
(D) £90,000 Syballe Sons; £19,750 Competitor Consultancy Firm
(E) £96,000 Syballe & Sons; £20,000 Competitor Consultancy Firm

Step 1 – Calculate the average turnover for Syballe Sons

(11 + 8 + 7 + 10)/4 = £90,000

Step 1 – Calculate the average turnover for the Competitor Consultancy Firm
(22 + 18 + 19 + 20)/4 = £197,500

Thus the correct answer is (A) £90,000 Syballe Sons; £197,500 Competitor Consultancy Firm

Tip: be careful not to include data for Next Quarter, as the question asked for just Q1-4.

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 Q17 Between which two quarters was there the same percentage change in
turnover for both Syballe Sons and the Competitor Consultancy Firm?

(A) Quarter 1 – Quarter 2

(B) Quarter 2 – Quarter 3
(C) Quarter 3 – Quarter 4
(D) Quarter 4 – Next Quarter
(E) Cannot Say

Step 1 - Calculate the % change for each quarter for Syballe Sons and the Competitor
Consultancy Firm

% change for each quarter

Quarter 1 – Quarter 2 (11-8)/11 = 27.3%
Quarter 2 – Quarter 3 (8-7)/8 = 12.5%
Quarter 3 – Quarter 4 (7-10)/7 = 42.9%
Quarter 4 – Next Quarter (10-12)/10 = 20%

Step 2 - Calculate the % increase for each quarter for the Competitor Consultancy Firm

Quarter 1 – Quarter 2 (22-18)/22 = 18.2%

Quarter 2 – Quarter 3 (18-19)/18 = 5.6%
Quarter 3 – Quarter 4 (19-20)/19 = 5.3%
Quarter 4 – Next Quarter (24-20)/20 = 20%

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 Tip: In practice, the fastest way would be to enter into your calculator 8 ÷ 11 (Syballe’s Q1-Q2
turnover), and see if the value on the screen changes when you enter 18 ÷ 22 (Competitor’s
Q1-Q2 turnover). Repeat for each quarter, and you get to Q4-Next Quarter.

Thus the correct answer is (D) Quarter 4 – Next Quarter

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 Q18 The quarter immediately following the period shown will see Syballe Sons’
cost and turnover both increase by the same absolute amounts as between
Quarter 4 and Next Quarter. What will be the difference between their
turnover and costs in that following quarter?

(A) No difference
(B) £1,500
(C) £1,000
(D) £500
(E) £2,000

In £10,000s we have:

Step 1 – Turnover increases by 2, costs increase by 3.

Step 2 – Add these to the last data shown in the graph and we have turnover of 2 + 12 = 14
and costs of 3 + 11 = 14.

Thus the correct answer is (A) No difference

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 Q19 In the Next Quarter a new competitor enters the market and takes 1/10th of
Syballe Sons’ turnover, as well as 1/8th of the Competitor Consultancy’s
turnover. What is the turnover for this new competitor in the Next Quarter?

(A) £14,000
(B) £16,000
(C) £42,000
(D) £168,000
(E) £179,000

th th
Step 1 – Add 1/10 of Syballe Sons turnover to 1/8 of their Competitor Consultancy’s
turnover
th th
(12 x 1/10 ) + (24 x 1/8 ) = 1.2 + 3 = 4.2

Step 2 – Convert to £10,000s

Thus the correct answer is (C) £42,000

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 Q20 If Gross Profit is Turnover minus Costs, what was the absolute difference in
the Gross Profit between Syballe Sons and the Competitor Consultancy Firm
for Quarters 1-4 inclusive?

(A) Can’t Tell

(B) £110,000
(C) £147,000
(D) £47,000
(E) £11,000

Step 1 – Calculate the Gross Profit for Syballe Sons for Quarters 1-4
(11 + 8 + 7 + 10) – (9 + 6 + 6 + 8) = 7 = £70,000

Step 2 – Calculate the Gross Profit for the Competitor Consultancy Firm
(22 + 18 + 19 + 20) – (13 + 15 + 17 + 16) = 18 = £180,000

Step 3 – Calculate the difference

£70,000 - £180,000 = £110,000 less

Thus the correct answer is (B) £110,000

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 Q21 What was Brand 2’s gross revenue in 2008?

(A) £10,000,000
(B) £4,440,000
(C) £44,400,000
(D) £9,100,000
(E) £100,000,000

Step 1 – Refer to the table to obtain the Total Gross Revenue for 2008 (£44.4 million). Then
refer to the graph to obtain the % of this figure that relates to Brand 2

Step 2 – Calculate Brand 2’s gross revenue in 2008

£44.4 million x 10% = £4.44 million = £4,440,000

Thus the correct answer is (B) £4,440,000

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 Q22 Which Brand’s gross revenue has increased in value by the largest amount
between 2006 and 2008?

(A) Brand 1
(B) Brand 2
(C) Brand 3
(D) Brand 4
(E) Cannot Say

Step 1 - Calculate the Gross Revenue for each Brand in 2006 and 2008. In millions we have:

Brand 1 Brand 2 Brand 3 Brand 4

2006 40 x 25% = 10 40 x 15% = 6 40 x 35% = 14 40 x 25% = 10
2008 44.4 x 30% 44.4 x 10% = 44.4 x 25% = 44.4 x 35% =
=13.32 4.44 11.1 15.54

Step 2 - Calculate the change in Gross Revenue for each Brand in 2007-2009

Brand 1 Brand 2 Brand 3 Brand 4

2006-2008 3.32 1.56 decrease 2.9 decrease 5.54 increase
increase

Thus the correct answer is (D) Brand 4

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 Q23 If Earnings per share = Pre-tax profit / Number of shares issued, how many
shares were issued in 2008 compared to 2006?

(A) 2,500,000 less

(B) 2,250,000 less
(C) 25,000 more
(D) 2,500,000 more
(E) 250,000 less

Step 1 – Calculate the Number of shares issued in 2008

Earnings per share = Pre-tax profit / Number of shares issued
1.2 = 9,000,000 / Number of shares issued
Number of shares issued = 9,000,000 / 1.2 = 7,500,000

Step 2 – Calculate the Number of shares issued in 2006

0.85 = 8,500,000 / Number of shares issued
Number of shares issued = 8,500,000 / 0.85 = 10,000,000

Step 3 – Calculate the difference

7,500,000 - 10,000,000 = 2,500,000 less

Thus the correct answer is (A) 2,500,000 less

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 Q24 For the average annual pre-tax profit (for the years 2007-2009) to equal the
average annual pre-tax profit (for the years 2007-2010), what must be the new
2010 Projection?

(A) £895,000
(B) £910,000
(C) £1,150,000
(D) £8,950,000
(E) £9,100,000

Step 1 – Calculate the average annual Pre-tax profit between 2007-2009

(8.7 + 9.0 + 9.6)/3 = 9.1

Step 2 – Create an equation where X = 2010 Projection and the average annual pre-tax profit
(2007-2010) = 9.1

Step 3 – 9.1 = (X + 8.7 + 9.0 + 9.6)/4

X = (9.1 x 4) - 8.7 - 9.0 - 9.6 = 9.1 million

Thus the correct answer is (E) £9,100,000

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 Q25 In which year was pre-tax profit less than 20% of total gross revenue?

(A) 2006
(B) 2007
(C) 2008
(D) 2009
(E) None of these

Step 1 - Calculate the % of pre-tax profit for each year;

Total Gross Pre-Tax Pre-Tax

Revenue Profit profit/total
gross revenue

2006 40 8.5 21.25%

2007 42.7 8.7 20.4%
2008 44.4 9.0 20.3%
2009 50 9.6 19.2%

Thus the correct answer is (D) 2009

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 Q26 What are the total earnings for the working population in Spain?

(A) 54 million Euros

(B) 540 billion Euros
(C) 540 million Euros
(D) 54 billion Euros
(E) Cannot Say

Step 1 – Calculate the total Spanish population by adding the male and female population
24.2 + 23.8 = 48 million

Step 2 - Calculate the total working Spanish population

48 million x 45% = 21.6 million

Step 3 – Calculate the total earnings for the working population in Spain
Average Earnings (Euros per head of the population) = 25,000
25,000 x 21.6 million = 540 billion Euros

Thus the correct answer is (B) 540 billion Euros

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 Q27 If the annual birth rates for Germany and Spain are 5.4 births (per 500
population) and 6.4 births (per 500 population) respectively, what is the
difference between the number of Spanish and German babies born each
year?

(A) 24,960 more Spanish babies

(B) 100,000 more German babies
(C) 249,600 more German babies
(D) 1,233,000 more Spanish babies
(E) 123,300 less Spanish babies

Step 1 – Calculate the number of German births per year

39.8 + 40.2 = 80 million
5.4 x 80 million /500 = 864,000

Step 2 – Calculate the number of Spanish births per year

24.2 + 23.8 = 48 million
6.4 x 48 million /500 = 614,400

Step 3 – Calculate the difference

864,000 - 614,400 = 249,600

Thus the correct answer is (C) 249,600 more German babies

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 Q28 Which of the following countries has a non-working population that is closest
in number to the UK’s non-working population?

(A) Netherlands
(B) Germany
(C) France
(D) Spain
(E) Cannot Say

Step 1 - Calculate the populations for each country by adding the male and female
population. Then calculate the non-working population for each country, including the UK, as
shown below;

Total Population Non Working Population

(millions) (% of total population)
Netherlands 8.9 + 9.1 = 18 100 – 55 = 45% 45% x 18 = 8.1
Germany 39.8 + 40.2 = 80 100 – 50 = 50% 50% x 80 = 40
France 31.1 + 31.4 = 62.5 100 – 48 = 52% 52% x 62.5 = 32.5
Spain 24.2 + 23.8 = 48 100 – 45 = 55% 55% x 48 = 26.4
UK 27.9 +28.1 = 56 100 – 52 = 48% 48% x 56 = 26.88

Thus the correct answer is (D) Spain

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 Q29 If the ratio of French unemployed in urban to rural areas is 7:8 and the French
unemployment rate is 12% of the working population, how many French
unemployed are there in urban areas?

(A) 1,050,000
(B) 1,332,000
(C) 1,680,000
(D) 2,500,000
(E) 373,200

Step 1 – Calculate the total population

31.1 + 31.4 = 62.5 million

Step 2 – Calculate the working population

62.5 x 48% = 30 million

Step 3 – Apply the unemployment rate

30 million x 12% = 3.6 million

Step 4 – Apply the urban to rural areas ratio

3.6 million = 7:8
Urban areas unemployed = 3,600,000 x 7/15 = 1,680,000

Thus the correct answer is (C) 1,680,000

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 Q30 If the ratio of France:Belgium average earnings per head of working
population is 2:5, then what is Belgium’s average earnings in £, at an
exchange rate of 1.15 Euros to the £ (to the nearest £100)?

(A) £124,000
(B) £86,000
(C) £86,300
(D) £124,800
(E) £65,200

Step 1 – Apply the ratio

30,000: Belgian average earnings = 2:5
Belgian average earnings = (5 x 30,000)/2 = €75,000.

Step 2 – Convert into £

75,000 ÷ 1.15 = 65,217.4 = £65,200 (to the nearest £100)

Thus the correct answer is (E) £65,200

-- End of Test --

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