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 DI Calculations based
Set 1

The first table gives the percentage of students in MBA class, who sought employment in the areas of finance, marketing and software.
The second table gives the average starting salaries of the students per month, (rupees in thousands) in these areas. The third table
gives the number of students who passed out in each year

1. The number of students who get jobs in finance is less

than the students getting marketing jobs, in the 5 years,
by
a. 826 b. 650 c. 750 d. 548

2. What is the percentage increase in the average salary of

finance from 1992 to 1996?
a. 60% b. 32% c. 96% d. 80%

3. The average annual rate at which the initial salary

offered in software increases is
a. 21% b. 33% c. 15.9% d. 65%

4. What is the average monthly salary offered to a

management graduate in 1993?
a. Rs. 6,403 b. Rs. 6,330 c. Rs. 6,333 d. Cannot be
determined

Set 2

Q1. In the period from January to March, Jamshedpur

Electronics sold 3150 unit of television, having started
with a beginning inventory of 2520 units and ending
with an inventory of 2880. What was value of order
placed (Rupees in thousands) by Jamshedpur
Electronics during the three months period? [Profits are
25% of cost price, uniformly].

(a) 28080 (b) 2808 (c) 26325 (d) 22320 (e) 25200

Q2. What was the total value of surcharge paid – at the

rate of 14% of sales value – by Jamshedpur Electronics,
over the period of three months?

(a) Cannot be calculated (b) 18548 (c) 18425 (d) 18522

(e) 18485

Q3. 10% of sales price of Ipods and 20% of sales price of television contribute to the profits of Jamshedpur electronics. How much
profit did the company earn in the month of January from Bistupur and Kadma from the two products?

(a) 513 (b) 4410 (c) 3645 (d) 5230 (e) 5350

Q4. In the period from January to March, consider that Jamshedpur Electronics ordered 7560 units of Ipods for all three areas put
together. What was unit sales price of Ipod during the period? The ending inventory was 6120 units and the beginning inventory stood
at 5760.
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 DI Calculations based
(a) 14.65 (b) 14.80 (c) 13.00 (d) 13.60 (e) 14.00

Set 3

A professor keeps data on students tabulated by performance and sex of the student. The data is kept on a computer disk, but
unfortunately some of it is lost because of a virus. Only the following could be recovered:
Panic buttons were pressed but to no avail. An expert committee was formed, which decided that the following facts were self-
evident:
1. One third of the male students were average.
2.Half the students were either excellent or good.
3.40% of the students were females.

1. How many students are both male and good?

(a) 10 (b) 16 (c) 22 (d) 48
2. How many students were both female and excellent?
(a) 0 (b) 8 (c) 16 (d) 32
3. What proportion of female students are good?
(a) 0 (b) 0.25 (c) 0.5 (d) 1.0
4. Among average students, what is the ratio of male to female?
(a) 1 : 2 (b) 2 : 1 (c) 3 : 2 (d) 2 : 3
5. What proportion of good students are male?
(a) 0 (b) 0.73 (c) 0.4 (d) 1.0

Set 4
A cake chain manufactures two types of products- ‘cakes/ pastries/gateaux’ and savouries. The chain was concerned about high
wastage (in terms of leftover) and wanted to reduce it. Table 1 provides information about sales, costs and wastage for both
products.
Table 1: Revenue Statement

Question 1. Which of the following statement(s) is (are) right?

1. The worth of leftover for cakes/pastries/gateaux increased from 1993 to 2004.
2. The worth of leftover for cakes/pastries/ gateaux, kept on fluctuating, many a times, between 1993 and 2004.
3. The worth of leftover for savouries and cakes/ pastries/gateaux was highest in 2004.
4. The worth of leftover for savouries kept on fluctuating, many a times, between 1993 and 2004.
Choose the right combination from the following:
A. 1 and 4 B. 3 and 4 C. 1 and 2 D. 3 only E. All Statements are True.

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 DI Calculations based
Question 2. Maximum decline in worth of leftover of cakes/ pastries/gateaux occurred in the year:
A. From 1997 to 1998 B. From 1995 to 1996 C. From 1998 to 1999 D. There was always an increase in worth of left over E. CBD

Question 3. If profit = sales – cost – leftover, in which year did the cake chain was in losses?
1. 1993 2. 1997 3. 1998 4. 2000
Choose the right option:
A. 1, 2, 3, 4 B. 3, 4 C. 2, 3 D. 1, 2, 3 E. It was always in profit

Set 5

KK, an aspiring entrepreneur wanted to set up a pen drive manufacturing unit. Since technology was changing very fast, he wanted
to carefully gauge the demand and the likely profits before investing. Market survey indicated that he would be able to sell 1 lakh
units before customers shifted to different gadgets. KK realized that he had to incur two kinds of costs – fixed costs (the costs which
do not change, irrespective of number of units of pen drives produced) and variable costs (= variable cost per unit multiplied by
number of units). KK expected fixed cost to be Rs. 40 lakh and variable cost to be Rs. 100 per unit. He expected each pen drive to be
sold at Rs. 200.

Question 1. What would be the break-even point (defined as no profit, no loss situation) for KK’s factory, in term of sales?

A. Rs. 80 lakh
B. Rs. 100 lakh
C. Rs. 120 lakh
D. Rs. 140 lakh
E. Cannot be found with the given data.

Question 2. KK was skeptical that per unit variable cost might increase by 10% though the demand might remain same. What will be
the expected changes in profit in such a case?
A. Profit would decrease by 10.33%
B. Profit will increase will by 15.75%
C. Profit would decrease by 15.75%
D. Profit will decrease by 16.67%
E. Profit will increase by 16.67%

Question 3. He discussed his business plan with a chartered accountant. KK informed that he was contemplating a loan of Rs. 20
lakh at simple interest of 10% per annum for starting the business. The chartered accountant informed him that in such a case KK
has to pay interest, followed by 30% tax. By how much does KK’s earning change with 20% growth in sales vis-a-vis the original sales
volume, in both cases considering tax and interest on loan?

A. 20%
B. 16.7%
C. 25.6%
D. 33.3%
E. 34.5%

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