The Advanced Numeracy Test Workbook - Mike Bryon [27]
A 2 cents
B 3 cents
C 4 cents
D 5 cents
Answer
Q10. In 2004 the unit value in market B was 30% that of market A. In the same year market A’s unit price was 3% lower than its 2005 price. What was the value of sales for the two markets in 2004?
A $110,274.45
B $111,274.45
C $112,274.45
D $113,274.45
Answer
Data set 3
Training Unlimited
Training Unlimited has an annual international wage bill of $42,000,000 and an additional annual personal development budget of $1,260,000. Training Unlimited’s 2,000 employees can select to attend personal development courses to a maximum value 5% of the average salary. They may choose from the following courses:
Public speaking *
$150
2 days
Effective e-mails
$475
1 day
Demonstrating leadership**
$350
3 days
Closing a sale*
$150
1 day
Dealing with conflict
$475
1 day
Personal safety
$150
1 day
Notes: Employees can attend any course only once.
* These courses are open only to staff in sales positions.
** This course is open only to staff in managerial positions.
89% of Training Unlimited’s staff are based in the USA.
60% of staff and associated costs shown relate to staff in sales positions.
Values
Annual total cost to training unlimited for all training in each module ($)
Public speaking
180,000
Effective e-mails
180,500
Demonstrating leadership
182,000
Closing a sale
180,000
Dealing with conflict
237,500
Personal safety
300,000
Total spend
1,260,000
Q11. What course, if any, did all Training Unlimited staff attend?
A Public speaking
B Effective e-mails
C Dealing with conflict
D Personal safety
Answer
Q12. How much more or less than 5% of the average wage is the training budget divided by the total number of employees?
A $420
B $540
C $590
D $630
Answer
Q13. How many working days were lost while staff attended the Effective e-mail module?
A 500
B 425
C 380
D 345
Answer
Q14. What total cost to Training Unlimited for sales staff is identified in the data set?
A $25,200,000
B $25,956,000
C $26,460,000
D $42,000,000
Answer
Q15. What percentage of the sales staff attended the Closing a sale module?
A 100%
B 90%
C 80%
D Cannot tell
Answer
Q16. What is the theoretical maximum number of days of training that a person in sales can attend?
A 3
B 4
C 5
D 6
Answer
Q17. One in four of the delegates who attended the demonstrating leadership module was a woman. What is this as a percentage of the total workforce?
A 6.5%
B 7%
C 7.5%
D 26%
Answer
Q18. How much more is it theoretically possible for a manager to spend on five days’ training compared with a member of the sales team?
A $450
B $350
C $150
D $50
Answer
Q19. To what extent was the training budget spend in the year shown?
A 60%
B 100%
C 74%
D 87%
Answer
Q20. The Director of Human Resources must make proposals that will cut the personal development budget by 14.3% while ensuring the loss of the least possible number of days of training delivered. Which of the following suggestions will best meet these two objectives?
A Removing the Effective e-mail module from the programme
B Removing the Public speaking module from the programme
C Negotiating a cut in the rates paid for all courses to a value of $180,000
D None of the suggested answers
Answer
Data set 4
Lowest per capita income
Per capita income means how much every individual would receive in monetary terms if their country’s yearly income was to be divided equally among everyone living there.
Per capita income 2009 ($)
Mozambique
81
Ethiopia
123
Tanzania
155
Somalia
168
Nepal
179
Population (millions)
Mozambique
21
Ethiopia
79
Tanzania
40 ½
Somalia
8 ½
Nepal
28
Dollar millionaires
These are people with a net wealth of more than $1 million, excluding the value of primary residence and consumables. The number of millionaires around the world reached 10,249,998 last year (2009), up 6 per cent from the year before. All of the newcomers were from