Capital One Assessment Test Capital One Numerical 3 — Questions and Answers
Question 1: A company's net income rose from $18.5M to $23.125M. By what percentage did net income increase?
- 22%
- 25% (Correct answer)
- 20%
- 28%
Correct answer: 25%
Increase = ($23.125M − $18.5M) / $18.5M = $4.625M / $18.5M = 0.25 = 25%.
Question 2: A customer's credit utilization ratio is 35% on a $12,000 credit limit. What is the current balance?
- $4,200 (Correct answer)
- $3,600
- $4,800
- $5,400
Correct answer: $4,200
Balance = $12,000 × 0.35 = $4,200.
Question 3: A data table shows defaults: Year 1=240, Year 2=192, Year 3=154. If the pattern of reduction continues, how many defaults would occur in Year 4?
- 123 (Correct answer)
- 116
- 128
- 110
Correct answer: 123
Year 1→2: −48 (20%), Year 2→3: −38 (≈20%); Year 3 × 0.80 = 154 × 0.80 ≈ 123.
Question 4: A bank processes 4,500 transactions per hour. At this rate, how many transactions does it process in 2.5 hours?
- 11,250 (Correct answer)
- $10,500
- 9,750
- 12,000
Correct answer: 11,250
4,500 × 2.5 = 11,250 transactions.
Question 5: A loan of $15,000 is split between two rates: $10,000 at 5% and $5,000 at 8%. What is the blended annual interest?
- $900 (Correct answer)
- $850
- $950
- $1,000
Correct answer: $900
Interest on $10k = $500; interest on $5k = $400; total = $500 + $400 = $900.
Question 6: Sales figures (in thousands): Jan=$45, Feb=$52, Mar=$48. What is February's sales as a percentage of the Q1 total?
- 36% (Correct answer)
- 34%
- 38%
- 32%
Correct answer: 36%
Q1 total = $145K; Feb share = $52K / $145K ≈ 0.3586 ≈ 36%.
Question 7: A financial analyst sees that operating costs are $1.44M per quarter. What is the approximate daily operating cost (assume 90 days/quarter)?
- $16,000 (Correct answer)
- $14,400
- $18,000
- $12,000
Correct answer: $16,000
$1,440,000 ÷ 90 = $16,000 per day.
Capital One Assessment Test Capital One Numerical 3
A company's net income rose from $18.5M to $23.125M.
By what percentage did net income increase?