RBC Numerical Reasoning and Data 3

Question 1

A company's profit margin is 18% and total revenue is $3,500,000. What is the profit?

Accepted Answer

$630,000

Answer

Profit = 18% × $3,500,000 = 0.18 × 3,500,000 = $630,000.

Question 2

A line graph shows employee headcount: 2020=200, 2021=230, 2022=215, 2023=260, 2024=290. Between which two consecutive years was the greatest increase?

Accepted Answer

2022–2023

Answer

Changes: +30, −15, +45, +30 — the greatest increase was 2022–2023 with +45 employees.

Question 3

If a loan of $12,000 accrues simple interest at 5% per year, what is the total amount owed after 3 years?

Accepted Answer

$13,800

Answer

Interest = $12,000 × 0.05 × 3 = $1,800; total = $12,000 + $1,800 = $13,800.

Question 4

A dataset has values: 14, 22, 19, 31, 22, 18, 22, 25. What is the mode?

Accepted Answer

22

Answer

The value 22 appears three times, more than any other value, making it the mode.

Question 5

Unit cost falls from $80 to $68. What is the percentage decrease?

Accepted Answer

15%

Answer

Percentage decrease = (80 − 68) / 80 × 100 = 12 / 80 × 100 = 15%.

RBC - Online Assessment Practice Test

RBC - Online Assessment Practice Test

RBC Numerical Reasoning and Data 3