Numerical Reasoning Flashcards
6 cards from real Geico Assessment Test practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 Numerical Reasoning flashcards as text
If comprehensive coverage costs $180/year and collision costs $350/year, what is the total for both per month?
Answer: $44.17
Total annual: $180 + $350 = $530. Monthly: $530 ÷ 12 = $44.17 per month.
A fleet discount of 10% applies when insuring 3+ vehicles. If each vehicle costs $800/year, what is the total for 4 vehicles with the discount?
Answer: $2,880
4 vehicles × $800 = $3,200. With 10% discount: $3,200 × 0.90 = $2,880.
If a customer's claim history shows 2 claims in 5 years, what is their claim frequency rate?
Answer: 0.4 claims per year
Claim frequency = 2 claims ÷ 5 years = 0.4 claims per year.
An agent's sales target is 50 policies per month. They sold 42 in the first 3 weeks. What is their completion rate?
Answer: 84%
Completion rate = 42/50 × 100% = 84%. They need 8 more policies in the remaining week.
If switching from a $250 to a $500 deductible saves $120/year on premiums, how long to recoup the extra $250 risk?
Answer: About 2 years
Extra risk = $500 - $250 = $250. Annual savings = $120. Time to recoup = $250 ÷ $120 ≈ 2.08 years.
A policy has a per-occurrence limit of $100,000 and an annual aggregate of $300,000. If three claims of $90,000 each occur, how much will insurance pay total?
Answer: $270,000
Each claim ($90,000) is under the per-occurrence limit ($100,000), so all are covered. Total = $270,000, which is under the aggregate ($300,000).