Korn Ferry Assessment Korn Ferry Numerical Reasoning 3 — Questions and Answers
Question 1: A company's net profit margin is 12% and its total revenue is $4.5 million. What is its net profit?
- $480,000
- $540,000 (Correct answer)
- $520,000
- $450,000
Correct answer: $540,000
Net profit = 12% × $4,500,000 = $540,000.
Question 2: An employee earns $72,000 annually. After a 6.25% raise, what is the new annual salary?
- $76,100
- $76,200
- $75,900 (Correct answer)
- $76,500
Correct answer: $75,900
Raise = $72,000 × 0.0625 = $4,500; new salary = $72,000 + $4,500 = $76,500.
Question 3: A store sells 450 items in January and 630 items in February. By what percentage did sales increase?
- 28%
- 35%
- 40% (Correct answer)
- 30%
Correct answer: 40%
Increase = 180; percentage = 180/450 × 100 = 40%.
Question 4: A data set has values: 14, 18, 22, 26, 30, 34, 38. What is the mean?
- 24
- 25
- 26 (Correct answer)
- 27
Correct answer: 26
Sum = 182; mean = 182 ÷ 7 = 26.
Question 5: Company X spends 35% of its operating budget on marketing. If the marketing spend is $420,000, what is the total operating budget?
- $1,100,000
- $1,200,000 (Correct answer)
- $1,050,000
- $1,150,000
Correct answer: $1,200,000
Total budget = $420,000 ÷ 0.35 = $1,200,000.
Question 6: A factory produces 1,200 units in 8 hours. At the same rate, how long will it take to produce 2,250 units?
- 14 hours
- 15 hours (Correct answer)
- 16 hours
- 18 hours
Correct answer: 15 hours
Rate = 150 units/hour; time = 2,250 ÷ 150 = 15 hours.
Question 7: An analyst notes that costs grew 8% year-over-year and revenues grew 5%. If both started at $1,000,000, what is the change in profit (revenue minus cost)?
- −$30,000 (Correct answer)
- +$30,000
- −$13,000
- +$13,000
Correct answer: −$30,000
New revenue = $1,050,000; new cost = $1,080,000; profit change = $1,050,000 − $1,080,000 − ($1,000,000 − $1,000,000) = −$30,000.
Korn Ferry Assessment Korn Ferry Numerical Reasoning 3
A company's net profit margin is 12% and its total revenue is $4.5 million.
What is its net profit?