LIC Daily Quiz 2 | Data Interpretation Questions with Solution for LIC Assistant with PDF

Directions : Study the following pie chart carefully and answer the questions given beside.
 
The following graph shows the number of diamonds sold by a jeweller from 2013-18.

Important for :
1
In 2013, the jeweller earned a profit of $1500 on every diamond. Find the total profit made by the jeweller in that year?
» Explain it
A
Number of diamonds sold in 2013 = 200 
 
Profit per diamond = $1500
 
Total profit = $200 × 1500 = $3,00,000
 
Hence, option A is correct.
2
Find the ratio of profit made in the first three years to the last three years.
» Explain it
E
It cannot be determined because profit per diamond in each year is not known.
 
Hence, option E is correct.
3
The diamonds sold in 2014 is what percentage of the total diamonds sold from 2013 to 2018.
» Explain it
D
Number of diamonds sold in 2013 = 200

Number of diamonds sold in 2014 = 250

Number of diamonds sold in 2015 = 300

Number of diamonds sold in 2016 = 350

Number of diamonds sold in 2017 = 400

Number of diamonds sold in 2018 = 450

Total diamonds sold = 1950

Percentage of diamonds sold in 2014

250  × 100 = 12.82%
1950

Hence, option D is correct.
4
How many years recorded equal or higher sales than the average sale of 6 years?
» Explain it
C
Number of diamonds sold in 2013 = 200

Number of diamonds sold in 2014 = 250

Number of diamonds sold in 2015 = 300

Number of diamonds sold in 2016 = 350

Number of diamonds sold in 2017 = 400

Number of diamonds sold in 2018 = 450

Total diamonds sold = 1950

Average =  1950  = 325
6

3 years i.e 2016, 2017 and 2018 recorded higher sales than the average sales.

Hence, option C is correct.
5
On every diamond, the jeweller earned a profit of $1200 in 2014 and $1300 in 2015. Find the ratio of the total profit in 2014 to the total profit in 2015.
» Explain it
B
Number of diamonds sold in 2014 = 250 
 
Profit per diamond = $1200 
 
Total profit in 2014 = $250 × 1200 = $3,00,000 
 
Number of diamonds sold in 2015 = 300 
 
Profit per diamond = $1300
 
Total profit in 2015 = $300 × 1300 = $3,90,000
 
Required ratio = 3,00,000 : 3,90,000 = 10,: 13
 
Hence, option B is correct.

LIC Daily Quiz 2 | Arithmetic Questions with Solution


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  • Approximation questions for LIC Assistant
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  • Simplification for LIC Assistant
  • Daily Maths Quiz for LIC Assistant
  • Arithmetic Questions for LIC Assistant
  • Quantitative Aptitude Quiz for LIC Assistant
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