New Pattern Based High Level Data Interpretation For SBI PO 2019 | IBPS PO 2019

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Directions : Study the following table chart carefully and answer the questions given beside.

 
The table1 given below gives the information about reduction in fuel prices (In Rs. per litre) on September 17, 2017 in the given four cities. 

Table 1: (The price of fuel per litre after adding VAT) 

City Petrol Diesel
Old New Old New
Chennai 74.80 62.10 62.72 54.20
Bangalore 72.40 57.92 65.50 60.00
Delhi 84.25 78.50 74.28 70.40
Kolkata 75.75 70.00 68.90 62.40
1
On September 17, 2017, what was the percentage decrease in the new price of petrol per litre over that of the old price of petrol per litre in the city Bangalore?
» Explain it
B
New price =Rs. 57.92

Old price =Rs. 72.40

The reqd. % decrease =  (72.40 – 57.92) × 100  =  14.48 × 100  = 20%
72.40 72.40

Hence, option B is correct.

2
What is the average new price of diesel (Rs. per litre) in all the given cities together?
» Explain it
D
The average

54.20 + 60 + 70.40 + 62.40  =  247  = Rs. 61.75 per litre
4 4

Hence, option D is correct.

3
In Kolkata, on diesel, the old VAT percentage was 30% of the diesel price but the new VAT percentage is 20% of the diesel price. In that city, if a person purchases 10 litres of diesel on new price then how much less VAT (In Rs.) does he pay?
» Explain it
B
Old rate = Rs. 68.90 
 
Total price of 10 litres = 68.90 × 10 = Rs. 689 
 
Let the price of petrol be Rs. 100x / litre , so VAT is Rs. 30x / litre

So, 130x = 68.9

x = 0.53

VAT = 0.53 × 30 = Rs. 15.9
 
New rate = Rs. 62.40 
 
Total price of 10 litres = 62.40 × 10 =Rs. 624 
 
Let the price of petrol be Rs. 100x / litre , so VAT is Rs. 20x / litre

So, 120x = 62.4

x = 0.52

VAT = 0.52 × 20 = Rs. 10.4
 
The required answer = 10(15.9 – 10.4) = Rs. 55

Hence, option B is correct.
4
What is the respective ratio of the old price of petrol in Chennai to that the new price of Diesel in Delhi?
» Explain it
C
The required ratio = 74.8 : 70.40 = 17 : 16 

Hence, option C is correct.

5
The highest amount decrease (In Rs.) on the price of petrol in any of the four cities is how much more than the lowest amount decrease (In Rs.) on the price of diesel in any of the four cities?
» Explain it
A
From the table it is clear that the highest amount decrease on the price of petrol was in Bangalore =  Rs. 14.48 
 
The lowest price decrease on the price of diesel was in Delhi  = Rs. 3.88 
 
The required difference = 14.48 – 3.88 = Rs. 10.6 

Hence, option A is correct.

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

What is Data Interpretation and how its useful for SBI PO, SBI Clerk, IBPS PO, IBPS Clerk 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 Clerk 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.