FREE RBC Assessment: Numerical Reasoning Question and Answers
How much money did the company make from the oil produced in Year 2 if it were assumed that all of the oil produced in Year 2 was sold in Year 3 (at Year 3 prices)?
Explanation:
0.19 × 115m = 21.85m
21.85 × $105 = $2,294,250k
What was the difference in oil production (to the nearest million dollars) between years 2 and 3?
Explanation:
Step 1: Calculate the oil's value in year two.
115m x 19% = 21.85m
21.85m x $95 = $2,075.75m
Step 2: Calculate the oil's value in year three.
115m x 22% = 25.3m
25.3m x $105 = $2,656.5m
$2,656.5m - $2,075.75m = $580.75m
This is rounded to $581m
What was the third year's average share price to earnings per share for the company?
Explanation:
350: 22
350 / 22 = 15.9
15.9:1
How many Category 1 hurricanes occurred in March and April as opposed to May and June?
Explanation:
(11 + 10) : (9 + 8)
= 21 / 17
= 1.2352
= 1.235:1 This is accurate, but there isn't a choice; thus, perform the calculation backward.
= 17/21
= 0.8095
= 1:0.81
In year two, John bought 145 shares, and in year five, he sold them. How much money, including any dividends, did he make from the shares overall?
Explanation:
145 x 325 = $47,125
450 × 145 = $65,250
= $65,250 - $47,125
= $18,125
Dividend = 3 + 5 + 4 + 6 = $18 × 145
= $2,610
= $20,735
How many hurricanes occurred between April and June collectively?
Explanation:
April = 21
June = 28
= 49
What month had the greatest hurricane activity?
Explanation:
March = 11 + 8 + 6 + 4 = 29
April = 10 + 7 + 3 + 1 = 21
May = 11 + 9 + 7 + 3 = 30
June = 10 + 8 + 6 + 4 = 28