Capital One Assessment Test Capital One Practice Aptitude 5

Question 1

A graph shows revenue growth of 8% per year. If revenue is currently $50 million, what will it be after 2 years (rounded to nearest million)?

Accepted Answer

$58 million

Answer

Year 1: $50M × 1.08 = $54M; Year 2: $54M × 1.08 ≈ $58.32M, rounds to $58 million.

Question 2

If the probability of a loan defaulting is 3%, and Capital One issues 2,000 loans, how many defaults are expected?

Accepted Answer

60

Answer

Expected defaults = 2,000 × 0.03 = 60.

Question 3

Read the argument: 'Our app has 4.8 stars from 500 reviews, therefore it is better than all competitor apps.' What is the flaw in this argument?

Accepted Answer

It ignores competitors' ratings and review counts

Answer

The conclusion compares to 'all competitors' without referencing any competitor data.

Question 4

If x + 15 = 3x - 9, what is the value of x?

Accepted Answer

12

Answer

15 + 9 = 3x - x; 24 = 2x; x = 12.

Question 5

Capital One's net charge-off rate fell from 2.8% to 2.1%. What is the percentage point decrease?

Accepted Answer

0.7 percentage points

Answer

Percentage point change = 2.8% - 2.1% = 0.7 percentage points (not a percentage decrease).

Capital One Assessment Test Practice Test