New Pattern Based Data Interpretation For SBI PO, IBPS PO, IBPS Clerk 2019 with Free PDF

The following bar graph gives the information about the turnover (In crores) of top three e-commerce companies of India, for the five years from 2013 to 2017.
 


A company’s Market Share in one particular year
=   Company’s turnover in that year  × 100%
Turnover of all the companies in that year

1
In which year was the percentage increase in the turnover of Amazon over the previous year was second highest?
» Explain it
D
In 2014, percentage increase over the year 2013

=   68 – 54  × 100 = 25.93%
54

In 2015, percentage increase over the year 2014
=   120 – 68  × 100 = 76.47%
68

In 2016, percentage increase over the year 2015
=   200 – 120  × 100 = 66.67%
120

In 2017, percentage increase over the year 2016
=   250 – 200  × 100 =25%
200

It is second highest in 2016.
 
2
During which year was the lowest market share in the term of percentage recorded by Flipkart?

» Explain it
D
In 2013, the total turnover by all the three companies = 54 + 134 + 34 = 222

Share of Flipkart = 134 × 100 = 60.36%
222

In 2014, the total turnover by all the three companies = 68 + 130 + 140 = 338
 
Share of Flipkart =  130  × 100 = 38.46%
338

In 2015, the total turnover by all the three companies = 120 + 190 + 210 = 520
 
Share of Flipkart =  190  × 100 = 36.53%
520

In 2016, the total turnover by all the three companies = 200 + 230 + 280 = 710
 
Share of Flipkart =  230  × 100 = 32.39%
710

In 2017, the total turnover by all the three companies = 250 + 280 + 160 = 690
 
Share of Flipkart =  280  × 100 = 40.57%
690

It is lowest in 2016.
 
3
What is the highest market share in the term of percentage recorded by any of the following company in the given year?
» Explain it
A
In 2013, the total turnover by all the three companies = 54 + 134 + 34 = 222

Highest market share is of Flipkart that is
134  × 100 = 60.36%
222

In 2014, the total turnover by all the three companies = 68 + 130 + 140 = 338

Highest market share is of Snapdeal that is
=   140  × 100 = 41.42%
338

In 2015, the total turnover by all the three companies = 120 + 190 + 210 = 420

Highest market share is of Snapdeal that is
=   210  × 100 = 50%
420

In 2016, the total turnover by all the three companies = 200 + 230 + 280 = 710

Highest market share is of Snapdeal that is
=   280  × 100 = 39.43%
710

In 2017, the total turnover by all the three companies = 250 + 280 + 160 = 690

Highest market share is of Flipkart that is
=   280  × 100 = 40.57%
690

Highest market share is of Flipkart that is 60.36%
 
4
By what percent is the average annual turnover of Flipkart during the given five years more/less than that of average annual turnover of Amazon during the given five years?
» Explain it
A
Sum of the total turnover of Flipkart during the given five years = 134 + 130 + 190 + 230 + 280 = 964

Average =  964  = 192.8
5

Sum of the total turnover of Amazon during the given five years = 54 + 68 + 120 + 200 + 250 = 692
Average =  692  = 138.4
5

Reqd% =  192.8 – 138.4  × 100 = +39.31%
138.4

Hence, option A is correct,

5
By what percent is the average annual turnover of Snapdeal during the given five years more/less than its turnover in 2017?
» Explain it
C
Sum of the total turnover of Snapdeal during the given five years = 34 + 140 + 210 + 280 + 160 = 824

Average = 164.8

Turnover of Snapdeal in 2017 = 160

Reqd% =  164.8 – 160  × 100 = 3%
160

Hence, option C is correct.


In this article we will discuss What is Data Interpretation, How its important for Bank PO Pre Exams.

What is Data Interpretation and how its useful for SBI PO Pre, IBPS PO Pre, IBPS RRB etc
 
In our day-to-day life, data is reported in the newspapers, on television, and in magazines. The data involves business, government, sports and many other topics. It is represented in an organized fashion, making it easy to interpret what you hear and read in the media. Those set of problems is being asked in different kind of form like Pie Chart di, Bar Chart di, Table Chart di, line chart di and info chart etc.

Now come back to the point data interpretation,  Data has to be well organized for it to be useful. This process of interpreting and analysing data to extract meaningful information from it is Data Interpretation. Solving Data Interpretation problems involves the use of basic formulas and manipulation of numbers.
Data Interpretation is calculation-intensive. It consists of a myriad of graphs, charts and tables form which you have to glean and analyse data. The key to cracking this area is to quickly identify the key pieces of data that you require to work on the questions asked.

Problems in Data interpretation are probably the closest in resemblance to the kind of problems you will be dealing with as a manager. They test your decision-making ability and speed using the minimum possible data. They help you to draw conclusions from collected data, support decision making, and contribute to better process, product, and quality models.

Data Sufficiency problems involve testing your quantitative concepts. They usually take the form of a logical puzzle. Instead of solving a data sufficiency problem, all you need to do is determine if the given information is enough to solve the problem. To solve Data Interpretation Questions & Answers for Banking and Insurance Exams like SBI, IBPS, NABARD & RBI Grade B, NIACL, and LIC, you need to brush up your calculation skills; you need to perform calculations faster and accurately than others. The difficult Data interpretations should be solved within 10-12 minutes. The DI of moderate level should not consume more than 7-9 minutes of the time and easy DI's should be finished within 3.5-4 minutes.

In these Data Interpretation Quizzes, you familiarized yourself with the key concepts and improved your problem-solving abilities. At Smartkeeda you will get Easy level data interpretation to High level data interpretation at low cost. Practice and tests are important to optimize your preparation. First take the quizzes regarding your exams and take full mock test at Testzone to improve your problem-solving skills. Questions that have appeared in the previous IBPS PO exams are also a part of these quizzes. Go through them you can understand where the focus lies in an examination environment. The detailed solutions of the questions may provide some alternate strategies that can help you improve your speed and accuracy.
 
At Smartkeeda you can attempt High Level Data Interpretation quizzes and download (DI) PDF for free.