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UNIVERSITY RECRUITING

QUANTITATIVE REASONING TEST

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INSTRUCTIONS

PLEASE DO NOT TURN OVER THIS PAGE UNTIL THE TEST


BEGINS

1) Format
This test is 25 minutes long and consists of 12 questions

2) Advice
Don't worry if you cannot complete every question: most people
don't
Just answer as many questions as you can in the time

3) Scoring
For every question you get right, you score 1 point

The maximum score is 12 points, but anything above 8 (8 or more


questions right) is a good score

4) Rules
Calculators are allowed
You can do the questions in any order you like

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QUESTIONS 1–4
1 Apples cost £1.50 per bag. The first 100 bags are charged at full price.
Thereafter a 10% discount is applied. How much does it cost for 150
bags?

2 A retailer stocks four sizes of a particular shirt: small, medium, large and
extra large. There are one third as many small shirts as there are medium
shirts, twice as many small as there are large, and the same number of
large and extra large. What percentage of the shirts are medium?

3 At the start of the month, Charlie's has an outstanding balance of £6500


on his credit card. Simple interest is charged at a rate of 26.4% per annum.
How much interest will Charlie be charged at the end of the first month?

4 A manufacturer has three products, each with a different profit margin.


Product A makes 15% margin, product B 20% and product C 40%. Half of
the manfacturer's revenue comes from product A, one quarter from
product B and the rest from product C. What is their overall profit
margin?

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QUESTIONS 5–7

5 If it takes Ben 4 hours to complete a task, and Will 12 hours, how


long would it take them to complete the task working together,
assuming they complement each other?

6 A large multinational company has introduced a new training


scheme for their sales force, aimed at improving the number who hit
their targets. Previous BCG analysis has found that for those who
have received the new training, 80% hit their targets each month,
whereas only 60% of those that haven't had the training hit their
targets. Currently 70% of the sales force have received the new
training. What is the probability that a sales person chosen at
random hits their sales target?

7 At a bar/restaurant, there are only two products: meals and wine. A


meal costs £6 and a glass of wine costs £4 but when bought
together there is a 10% discount. On average 70% of customers opt
for both a meal and a glass of wine, 10% of customers have just a
glass of wine and the rest have just a meal. In one evening the total
revenue is £2000. Approximately how many people were served that
evening?

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QUESTIONS 8–9

8 Using the table of postage charges below, calculate how much


more it costs to send a 360g package by air than by ship.

Air Shipped

Standard charge up
£2.25 £1.50
to 160g

Extra price per 20g £0.50 £0.20

9 Revenue £m
90
83.0 Profit
75.0

62.0
60 58.0

47.0

30

14.1 11.6 15.5 15.0 16.6


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2003 2004 2005 2006 2007

Using the graph above, which year had the highest profit margin
(%)?

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QUESTION 10

10 Revenue £'000s
1,600 1,540
1,400 Profit
1,400
1,250
1,200

1,011
1,000 1,155
800 875 1,120

600 809

400

200 375 385


202 280
0

2004 2005 2006 2007

A company is trying to estimate its revenues in 2009. The chosen


methodology is to assume the same annual percentage increase as
was achieved from 2006 to 2007. Using the financial information
above, what is the companies expected revenue in 2009?

11 (0.5)(-0.4) + (0.8)(-0.25) =
-0.2

12 1
4 =
2-1
4

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ANSWER KEY

1. 217.50

2. 60

3. 143

4. 22.5

5. 3

6. 74

7. 250

8. 3.75

9. 2003

10. 1863000

11. 2

12. 1/7

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