Hello and welcome to ExamPundit. Here is a Data Interpretation Quiz for Bank & Insurance Exams.


Study the following pie-chart carefully and answer the questions that follow:

Cost estimated by a family in renovation of their house



Total estimated cost is Rs1,20,000

1. What is the difference in the amount estimated by the family on interior decoration and that on architect’s fees?
(a) Rs10,000
(b) Rs9,500
(c) Rs7,200
(d) Rs9,000
(e) None of these




2. During the process of renovation, the family actually incurred miscellaneous expenditure of Rs10,200. The miscellaneous expenditure incurred by the family is what percentage of the total estimated cost?
(a) 9.5%
(b) 9%
(c) 8.5%
(d) 10.5%
(e) None of these




3. Other than getting the discount of 12% on the estimated cost of furniture and the actual miscellaneous expenditure being Rs10,200 instead of the estimated one, the family’s estimated cost is correct. What is the total amount spend by the family in renovating its house?
(a) Rs1,16,728
(b) Rs1,15,926
(c) Rs1,19,500
(d) Rs1,16,500
(e) None of these
4. What is the cost estimated by the family on painting and flooring together?
(a) Rs36,500
(b) Rs34,800
(c) Rs36,000
(d) Rs34,500
(e) None of these




5. The family gets a discount on furniture and pays 12% less than the estimated cost on furniture. What is the amount spent on furniture?
(a) Rs13,200
(b) Rs14,526
(c) Rs13,526
(d) Rs13,728
(e) None of these



Solutions:


1. Reqd Difference,
= (19-11/100) x 120000 = 9600



2. Reqd percentage,
= 10200/120000 x 100 = 8.5%



3. Estimated cost of furniture and miscellaneous expenditures
(13+8/100) x 120000 = 25200
Actual cost of Furniture,
88/100 x 13/100 x 120000 = 13728
Actual cost of furniture and miscellaneous expenditure
= 13728 + 10200 = 23928
Total expenditure of the family
= 120000 – 25200 + 23928 = 118728



4. Reqd Estimated cost,
(15+14/100) x 120000 = 34800



5. Amount spent on furniture,
88/100 x 13/100 x 120000 = 13728


Regards



Team ExamPundit

Sponsored
(adsbygoogle = window.adsbygoogle || []).push({});
Books For 2015 Banking/Insurance Exams