Study the chart and answer the questions below it.
If the cost of Insurance increases by an average of 35% overall in the second half of the year, what will be the cost of maintainance in that half if advertising and marketing increased by 17%?
Correct answer: E
Explanation Insufficient information. Hence correct answer is cannot say
Study the graph and answer the questions below it.
At one time Hong Kong’s consumer goods exports were projected to rise at 20% per year from Y+2 onwards. According to this projection, what would be the value (in $m HKD) of Hong Kong’s exports in Y+4?
Explanation In year y +2, Hon Kong’s consumer goods exports = 350 with a 20% rise, y + 3 = (1 + 0.02) x 350 = 420m Y +4 = 1.02 x 420 = 504m.
Study the table and answer the questions below it.
In which year was the greatest number of people unemployed in the Philippines
Correct answer: D
Explanation Note that we are given the unemployment rate as a percentage of work force but we can get this population of work force. We can only calculate the total opulation which is not the population of the work force. Hence the correct answer is cannot say
What would the Turnover be in Year 4 if it continued to decrease at the same rate as between Year 2 and Year 3?
Explanation % decrease between year 2 and year 3 = (10.6 - 8.5)/10.6 = 20% Turnover in yr 3 = 8.5m Turnover in yr 4 = (1 -0.2) x 8.5m = 6.8m
If Darwin Enterprise’s Share Price/Income ratio had remained constant from Year 1 onwards, what would the Share Price have been in Year 3?
Correct answer: A
Explanation Share price/Income ratio is yr 1 = 108/9.2 = 11.7 If share price/income ratio is constant, then yr 3= Xp/1.1 = 11.73 =12.9p
