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Capp Numerical 1-Solutions

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Capp Numerical 1-Solutions

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Capp-style

Numerical Test 1

Solutions Booklet

Instructions

This numerical reasoning test comprises 12 questions, and you will have to
correctly answer as many as you can. Calculators are permitted for this test, and it is
recommended you have some rough paper to work on.

You will have to work quickly and accurately to perform well in this test. The test
does not have an overall time limit. Instead, the time it takes you to complete the test
will be recorded. If you don’t know the answer to a question, move on the next
question, you can always return to it later.

Try to find a time and place where you will not be interrupted during the test.

The test will begin on the next page.


In the table, a Season Ticket is for one year, which consists of 12 months or 52 weeks.

Q1 Which Operator has the largest difference in price between a


Season Ticket and a year’s worth of Weekly Tickets?

Answer: Express

Step 1: For this calculation, we will require the information on the price of the
season tickets (£5,500, £6,200, £4,750, £5,950, £6,050) and weekly
tickets (£150, £160, £100, £165, £170) for each Operator.

Step 2: Calculate how much 52 weekly tickets would cost for each operator:
South-West: £150 * 52 = £7,800
FirstRail: £160 * 52 = £8,320
Mainline: £100 * 52 = £5,200
Border: £165 * 52 = £8,580
Express: £170 * 52 = £8,840

Step 3: The discount is found by subtracting the sum of weekly tickets from the
cost of a season ticket.
South-West: £7,800 – £5,500 = £2,300
First-Rail: £8,320 – £6,200 = £2,120
Mainline: £5,200 – £4,750 = £ 450
Border: £8,580 – £5,950 = £2,630
Express: £8,840 – £6,050 = £2,790

Solution: Express
(£170 x 52) – £6,050 = £2,790

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Q2 Rank the Operators from highest to lowest according to the cost
of one Monthly Ticket expressed as a percentage of a Season
Ticket.

Answer: 1st = Express


2nd = South-West
3rd = FirstRail
4th = Border
5th = Mainline

Step 1: First, obtain the price for the Monthly Tickets (£500, £550, £400, £525,
£600) and Season Tickets (£5,500, £6,200, £4,750, £5,950, £6,050) for
each rail Operator.

Step 2: For each company, divide the price of the Season Ticket by the price of
the Monthly Ticket and multiply by 100% to express as a percentage.
South-West: (£500 / £5,500) * 100% = 9.09% è 2nd
FirstRail: (£550 / £6,200) * 100% = 8.87% è 3rd
Mainline: (£400 / £4,750) * 100% = 8.42% è 5th
Border: (£525 / £5,950) * 100% = 8.82% è 4th
Express: (£600 / £6,050) * 100% = 9.92% è 1st

Solution:
𝑀𝑜𝑛𝑡ℎ𝑙𝑦 𝑡𝑖𝑐𝑘𝑒𝑡 𝑝𝑟𝑖𝑐𝑒 (£)
∗ 100% = 𝑥%
𝑆𝑒𝑎𝑠𝑜𝑛 𝑡𝑖𝑐𝑘𝑒𝑡 𝑝𝑟𝑖𝑐𝑒 (£)

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Q3 What would be the overall cost for a commuter to buy nine
Monthly Tickets and sixteen Weekly Tickets from Border?

Answer: £7,365

Step 1: Find the price of a weekly ticket (£165) and a monthly ticket (£525) for
the operator ‘Border.’

Step 2: Multiply the price of the weekly ticket by 16 and the monthly ticket by 9.
Weekly ticket: £165 * 16 = £2,640
Monthly ticket: £525 * 9 = £4,725

Step 3: Sum the prices of the monthly and weekly tickets bought.
£2,640 + £4,725 = £7,365

Solution: (£165 x 16) + (£525 x 9) = £7,365

(𝑊𝑒𝑒𝑘𝑙𝑦 𝑡𝑖𝑐𝑘𝑒𝑡 𝑝𝑟𝑖𝑐𝑒 ∗ 16) + (𝑀𝑜𝑛𝑡ℎ𝑙𝑦 𝑡𝑖𝑐𝑘𝑒𝑡 𝑝𝑟𝑖𝑐𝑒 ∗ 9) = 𝑇𝑜𝑡𝑎𝑙 𝑐𝑜𝑠𝑡 𝑜𝑓 𝑡𝑖𝑐𝑘𝑒𝑡𝑠

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Q4 Rank the companies in order from the HIGHEST Gross Profit
as a percentage of Revenue to the LOWEST.

Answer: 1st = SEA Electronics


2nd = Leviathan
3rd = Effy Car Corp
4th = People Group
5th = GCC

Step 1: For each company, obtain the values for Revenue and Gross Profit.
SEA Electronics: £305,000 and £150,500
Effy Car Corp: £235,000 and £101,100
Leviathan: £221,550 and £102,150
GCC: £147,600 and £56,050
People Group: £231,225 and £98,750

Step 2: To work out each company’s Gross Profit as a percentage of their


Revenue, the gross profit must be divided by the revenue and
multiplied by 100%.
SEA Electronics: (£150,500 / £305,000) * 100% = 49.34% è 1st
Effy Car Corp: (£101,100 / £235,000) * 100% = 43.02% è 3rd
Leviathan: (£102,150 / £221,550) * 100% = 46.11% è 2nd
GCC: (£56,050 / £147,600) * 100% = 37.97% è 5th
People Group: (£98,750 / £231,225) * 100% = 42.71% è 4th

!"#$$ &"#'()
Solution: *+,+-.+
∗ 100% = 𝑥%, 𝑟𝑎𝑛𝑘 𝑓𝑟𝑜𝑚 ℎ𝑖𝑔ℎ𝑒𝑠𝑡 𝑡𝑜 𝑙𝑜𝑤𝑒𝑠𝑡

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Q5 Which company has the smallest difference between their
Gross and Net Profits?

Answer: GCC

Step 1: The values for Gross and Net Profit for each company are:
SEA Electronics: £150,500 and £117,000
Effy Car Corp: £101,100 and £87,300
Leviathan: £102,150 and £75,500
GCC: £56,050 and £44,500
People Group: £98,750 and £76,900

Step 2: Then subtract the value for net profit from the gross profit to work out
the differences for each company.
SEA Electronics: £150,500 - £117,000 = £33,500
Effy Car Corp: £101,100 - £87,300 = £13,800
Leviathan: £102,150 - £75,500 = £26,650
GCC: £56,050 - £44,500 = £11,550 è lowest
People Group: £98,750 - £76,900 = £21,850

Solution: £56,050 - £44,500 = £11,550

𝐺𝑟𝑜𝑠𝑠 𝑃𝑟𝑜𝑓𝑖𝑡 (£) − 𝑁𝑒𝑡 𝑃𝑟𝑜𝑓𝑖𝑡 (£) = 𝑇𝑎𝑥 𝑝𝑎𝑖𝑑 (£)

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Q6 A company’s operating costs are Revenue subtracted by Gross
Profit. Leviathan’s wage bill makes up 77% of its operating cost.
If Leviathan had reduced its wage bill by 13%, how much gross
profit would it have made instead?

Answer: £114,102

Step 1: Subtract Gross Profit from Revenue to calculate operating costs.


£221,550 – £102,150 = £119,400

Step 2: The wage costs are 77% of the operating costs.


£119,400 *0.77 = £91,938

Step 3: If the wage costs would have been reduced by 13% this would have
made for a saving of:
£91,938 * 0.13 = £11,951.94

Step 4: This is how much would have been saved from the operating costs. So,
this can be added to the gross profit.
£102,150 + £11,951.94 = £114,102

Solution: This is a quicker one-step method for calculating the operating costs
and subtracting the hypothetical operating costs from the revenue.

J(£221,550 − £102,150) ∗ 0.77 ∗ 0.13P + £102,150 = £114,102

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Q7 Which software package sold by ElectroCity saw the greatest
percentage increase in sales from 2015 to 2016?

Answer: Polydark

Step 1: Find the difference in sales from year to year for each software
package sold:
Agroba: 7.15 – 6.45 = 0.70
Macro: 12.81 – 12.61 = 0.21
Devantis: 7.90 – 7.72 = 0.18
Polydark: 2.86 – 2.25 = 0.61

Step 2: Use this figure to work out the % increase by dividing it by the 2015
sales figure and multiplying by 100%.
Agroba: (0.70 / 6.45) * 100% = 10.85%
Macro: (0.21 / 12.61) * 100% = 1.67%
Devantis: (0.18 / 7.72) * 100% = 2.33%
Polydark: (0.61 / 2.25) * 100% = 27.11%

Solution: Polydark
2.86 − 2.25
∗ 100% = 27.11%
2.25
Tip: Some of the products will be obvious from an early stage that they don’t
exhibit the greatest percentage increase in sales. These are the
software packages which have small increases and relatively large
starting sales values to the other software packages.

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Q8 In 2015, the average price for each software package was:
Agroba £10.99; Macro £7.50, Devantis £12.00; and Polydark
£48.99. What was the difference in total sales revenue between
Computon and PC Planet?

Answer: £7.27m

Step 1: The average price for each software package along with the sales
values, can be used to work out the sales revenue for Computon:
Agroba: £10.99 * 11.31 = £124.30 million
Macro: £7.50 * 30.41 = £228.08 million
Devantis: £12.00 * 10.01 = £120.12 million
Polydark: £48.99 * 5.03 = £246.42 million
Sales: £124.30 + £228.08 + £120.12 + £246.42 = £718.92 million

Step 2: Perform the same calculation for PC Planet.


Agroba: £10.99 * 10.90 = £119.79 million
Macro: £7.50 * 18.11 = £135.83 million
Devantis: £12.00 * 10.20 = £122.40 million
Polydark: £48.99 * 6.81 = £333.62 million
Sales: £119.79 + £135.83 + £122.40 + £333.62 = £711.64 million

Step 3: Subtract one from the other to arrive at the difference in the total sales
revenue.
£718.91 million – £711.64 million = £7.27 million

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Solution:
𝐶𝑜𝑚𝑝𝑢𝑡𝑜𝑛 𝑠𝑎𝑙𝑒𝑠 (£) − 𝑃𝐶 𝑃𝑙𝑎𝑛𝑡 𝑠𝑎𝑙𝑒𝑠 (£) = 𝐷𝑖𝑓𝑓𝑒𝑟𝑒𝑛𝑐𝑒 𝑖𝑛 𝑟𝑒𝑣𝑒𝑛𝑢𝑒
𝐶𝑜𝑚𝑝𝑎𝑛𝑦 𝑠𝑎𝑙𝑒𝑠 = 𝑅𝑒𝑡𝑎𝑖𝑙 𝑝𝑟𝑖𝑐𝑒 𝑜𝑓 𝑝𝑟𝑜𝑑𝑢𝑐𝑡 (£) ∗ 𝑢𝑛𝑖𝑡𝑠 𝑠𝑜𝑙𝑑 𝑜𝑓 𝑝𝑟𝑜𝑑𝑢𝑐𝑡

Tip: There are a few ways to quicken this calculation. One of them is by
calculating the sales revenue for all products for each company in one
equation.
A second method is to shortcut calculating the difference between the
two companies by performing steps 1 and 2 together:

𝐷𝑖𝑓𝑓𝑒𝑟𝑒𝑛𝑐𝑒 𝑖𝑛 𝑠𝑎𝑙𝑒𝑠 𝑟𝑒𝑣𝑒𝑛𝑢𝑒 𝑏𝑒𝑡𝑤𝑒𝑒𝑛 𝐶𝑜𝑚𝑝𝑢𝑡𝑜𝑛 𝑎𝑛𝑑 𝑃𝐶 𝑃𝑙𝑎𝑛𝑒𝑡:


£10.99(11.31 − 10.90) + £7.50(30.41 − 18.11) + £12.00(10.01 − 10.20) + £48.99(5.03 − 6.81)
= £7.27 million

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Q9 Rank each company in order from HIGHEST to LOWEST,
according to the percentage increase in their sales of Devantis
from 2015 to 2016.

Answer: 1st = One-serve


2nd = PC Planet
3rd = Computon
4th = Primeware
5th = ElectroCity

Step 1: For each company, subtract 2016 Devantis sales (1000’s) from 2015.
Computon: 11.31 – 10.01 = 1.30
ElectroCity: 7.90 – 7.72 = 0.18
One-serve: 4.01 – 3.06 = 0.95
PC Planet: 12.22 – 10.20 = 2.02
Primeware: 21.24 – 19.22 = 2.02

Step 2: Use this difference to work out the percentage increase in sales from
2008 to 2009.
Computon: (1.30 / 10.01) * 100% = 12.99% è 3rd
ElectroCity: (0.18 / 7.72) * 100% = 2.33% è 5th
One-serve: (0.95 / 3.06) * 100% = 31.05% è 1st
PC Planet: (2.02 / 10.20) * 100% = 19.80% è 2nd
Primeware: (2.02 / 19.22) * 100% = 10.51% è 4th

Solution: (0.95 / 3.06) * 100 = 31.05%

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Q10 Given that there are 52 weeks in a year, rank the years in order
from HIGHEST number of call outs to LOWEST.

Answer: 1st = 2016


2nd = 2015
3rd = 2014
4th = 2013

Step 1: Add up the total number of weekly call outs for all cities per year.
2013: 80 + 58 + 40 + 61 = 239
2014: 105 + 83 + 52 + 65 = 305
2015: 102 + 84 + 63 + 79 = 328
2016: 111 + 79 + 70 + 69 = 329

Step 2: Multiply by 52 to find total call outs for that year:


2013: 239 * 52 = 12,428
2014: 305 * 52 = 15,860
2015: 328 * 52 = 17,056
2016: 329 * 52 = 17,108

Tip: Although the question asks to rank the total number of call outs for the
year, you can reduce the time taken to calculate this by ignoring step 3.
This is because the years are already ranked in order from highest to
lowest according to the number of callouts per week. Multiplying the
value for each year by 52 will not change the order.

Solution: (Sum of weekly callouts for all cities per year) * 52 = Total

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Q11 If Newcastle charged £95 per call out in 2013, but decreased
their call out charge by 6.5% each subsequent year, what was
the total they charged their clients in 2016 (rounding down to
the nearest whole number)?

Answer: £282,646

Step 1: Work out the decreasing call out charge for every year up to 2016. This
is a 6.5% decrease which can be considered equivalent to 93.5% of the
original value.
Call out charge 2016: (£95 x 0.935) x 0.935 x 0.935 = £77.653

Step 2: Multiply this by the average number of weekly call outs for Newcastle.
2014: £77.653 * 70 = £5,435.71

Step 3: Lastly, multiply by 52 to obtain the total they charged clients for the
year.
2014: £5,435.50 * 52 = £282,646.92

Solution: ((£95 x 0.935 x 0.935 x 0.935) x 70) x 52 = £282,646.92 = £282,646

Tip: A shortcut to calculate the call out charge in 2016 is shown with the
formula below. This is often used for calculations involving compound
interest.

£95 ∗ (0.935)/ = £77.65 𝐶𝑎𝑙𝑙 𝑜𝑢𝑡 𝑐ℎ𝑎𝑟𝑔𝑒 𝑖𝑛 2016

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Q12 If Manchester charged £99 per call out in 2015 and £112 per
call out in 2016, what is the percentage change in revenue from
call out charges from one year to the next?

Answer: 6.40%

Step 1: Work out total call out charges for each year. Multiply the number of
weekly call outs for Manchester in 2015 (84) by the amount charged
per call out (£99) and by the number of weeks in a year (52).

2015: £99 x 84 x 52 = £432,432

Step 2: Repeat the calculation for 2016.


2016: £112 x 79 x 52 = £460,096

Step 3: Subtract one from the other: £460,096 – £432,432 = £27,664

Solution: Find the percentage change: (£27,664/£432,432) x 100 = 6.40 %

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End of test

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