ieGAT - IE Global Admissions Applied Numeracy Calculations Questions and Answers

Question 1

A startup company's user base grew by 150% in its first year and then by 200% in its second year. What was the total percentage increase in the user base over the two-year period?

Accepted Answer

950%

Answer

350%

Answer

500%

Answer

650%

Question 2

A factory has two machines, A and B, that produce widgets. Machine A, working alone, can produce a full batch of widgets in 6 hours. Machine B, working alone, can produce the same batch in 4 hours. If both machines work together, how long will it take them to produce a full batch of widgets?

Accepted Answer

2.4 hours

Answer

5 hours

Answer

2.5 hours

Answer

10 hours

Question 3

A retail company buys a product for $80 and applies a 60% markup to determine the selling price. The company then offers a 25% discount on the selling price during a sale. What is the final sale price of the product?

Accepted Answer

$96

Answer

$128

Answer

$88

Answer

$100

Question 4

A project manager is allocating a budget of $500,000. 40% is allocated to Research & Development, 35% to Marketing, and the rest is allocated to Operational Costs. Which of the following statements is true?

Accepted Answer

The Operational Costs budget is $125,000.

Answer

The Marketing budget is $50,000 more than the Operational Costs budget.

Answer

The R&D budget is exactly double the Operational Costs budget.

Answer

The combined R&D and Marketing budget is $375,000.

Question 5

A train travels from City A to City B, a distance of 450 kilometers. The journey takes 5 hours. On the return trip from City B to City A, the train's average speed is 10% faster. How long does the return trip take?

Accepted Answer

Approximately 4 hours and 33 minutes

Answer

4 hours and 30 minutes

Answer

4 hours and 50 minutes

Answer

5 hours and 30 minutes

Question 6

An investment of €12,000 earns simple interest at a rate of 5% per annum. How much total interest will have been earned after 42 months?

Accepted Answer

€2,100

Answer

€2,520

Answer

€600

Answer

€1,800

A startup company's user base grew by 150% in its first year and then by 200% in its second year.What was the total percentage increase in the user base over the two-year period?

A startup company's user base grew by 150% in its first year and then by 200% in its second year.
What was the total percentage increase in the user base over the two-year period?