GMAC GMAC Data Insights 1 — Questions and Answers
Question 1: In a GMAC Data Insights question, a table shows that Company A's revenue grew from $2M to $3M while Company B's grew from $5M to $7M. Which company had the higher percentage growth?
- Company A (Correct answer)
- Company B
- Both grew equally
- Cannot be determined
Correct answer: Company A
Company A grew 50% ($2M to $3M) while Company B grew 40% ($5M to $7M), making Company A's percentage growth higher.
Question 2: A two-part analysis question presents: If x > 0 and y > 0, and x/y = 0.75, what is y/x?
- 0.75
- 1.25
- 1.33 (Correct answer)
- 1.50
Correct answer: 1.33
If x/y = 0.75 = 3/4, then y/x = 4/3 ≈ 1.33.
Question 3: A GMAC graph shows sales data for Q1–Q4. Q1=$10K, Q2=$15K, Q3=$12K, Q4=$18K. What is the average quarterly sales?
- $13,750 (Correct answer)
- $14,000
- $13,500
- $15,000
Correct answer: $13,750
Average = (10+15+12+18)/4 = 55/4 = $13,750.
Question 4: In a multi-source reasoning question, Source 1 says a product has 20% market share, Source 2 says the total market is $500M. What is the product's estimated market value?
- $50M
- $100M (Correct answer)
- $200M
- $25M
Correct answer: $100M
20% of $500M = 0.20 × $500M = $100M.
Question 5: A table-analysis question shows 5 departments with headcount: HR=10, Finance=25, IT=40, Sales=60, Ops=15. What percentage of total employees work in IT?
- 26.7% (Correct answer)
- 28.0%
- 26.0%
- 25.0%
Correct answer: 26.7%
IT has 40 out of 150 total employees (10+25+40+60+15), so 40/150 ≈ 26.7%.
Question 6: A Data Insights question asks: A store's profit margin is 15% and its revenue is $80,000. What is the profit?
- $10,000
- $12,000 (Correct answer)
- $15,000
- $8,000
Correct answer: $12,000
Profit = 15% × $80,000 = 0.15 × $80,000 = $12,000.
In a GMAC Data Insights question, a table shows that Company A's revenue grew from $2M to $3M while Company B's grew from $5M to $7M.
Which company had the higher percentage growth?