ClassicNumericalTestsSolutions

Classic24Solutions
QuestionOne

01. E

02. C

03. B

04. E

QuestionTwo

05. C

06. A

07. A

08. D

QuestionThree

09. E

10. A

11. C

12. E

QuestionFour

13. G

14. B

15. E

16. C

QuestionFive

17. C

18. F

19. D

20. B

QuestionSix

21. E

22. G

23. A

24. A

QuestionOne
1. TheactualnumberofcallstakenperhourinRegionSW
=NumberofPermanentStaffAverageNumberofcallsforPermanentStaff+
NumberofTemporaryStaffAverageNumberofcallsforTemporaryStaff
=200per.staff28calls/per.staff+(300200)tem.staff25calls/tem.staff
=8,100(numberofcallsinRegionSW)

TheTargetNumberofcalls=TheactualnumberofcallinSW/(110%)
=8,100calls/90%=9,000(calls)

2. Increasednumberofcalls
=TotalnumberofcallsinRegionNW6%
=(NumberofPermanentStaffAverageNumberofcallsforPermanentStaff+
NumberofTemporaryStaffAverageNumberofcallsforTemporaryStaff)6%
=[(250per.staff20calls/per.staff+(550250)tem.staff16calls/tem.staff]6%
=588(calls)

3. Ratioofper.stafftotem.staffinRegionE=300:(500300)=3:2
TotalnumberofstaffinRegionSE=400
SincetheRatio(3:2)areusedinRegionSE
PermanentStaffinSE=400[3:(3+2)]=240(staff)
TemporaryStaffinSE=400[2:(3+2)]=160(staff)

Differenceinnumberofcall
=Totalnumberofcalls(before)Totalnumberofcalls(after)
=[240per.staff30calls/per.staff+160tem.staff18calls/tem.staff]
[150per.staff30calls/per.staff+(400150)tem.staff18calls/tem.staff]
=1,080(staff)
1 ClassicNumericalTestsSolutions Dell.Nc

4. Numberofcallshandledperhourbypermanentstaff
=NumberofPermanentStaffAverageNumberofcallsforPermanentStaff

Regions

Calculations

Results

HW

250per.staff20calls/per.staff

5,000staff

NE

150per.staff22calls/per.staff

3,300staff

300per.staff18calls/per.staff

5,400staff

SW

200per.staff28calls/per.staff

5,600staff

SE

150per.staff30calls/per.staff

4,500staff

QuestionTwo
5. Combinedsalestargettoallthreedestinations
=SalestargettoHopworth+SalestargettoJumpford+SalestargettoSkipdown
=43,200+80,000+16,000
=139,200(GBP)
Salestargetincreased5%
=139,200(1+5%)
=146,160(GBP)
TotalamountofrevenueforWeek1andWeek2
=ThreedestinationsrevenueinWeek1+ThreedestinationsrevenueinWeek2
=11,232+21,600+4,160+12,096+19,200+4,640
=72,982(GBP)

Totalamountofrevenueremainstobeearned
=146,16072,982
=73,232(GBP)

6. Totalamountofrevenuetosell120ticketsperweektoSkipdown
=AveragepriceperticketsNumberoftickets
=40perticket120tickets/week4weeks
=19,200(GBP)

Percentageofrevenuetargetforskipdownincrease
=[Salestarget(after)Salestarget(before)]/Salestarget(before)100%
=(19,20016,000)/16,000100%
=20%

7. FewerticketstoHopworthneedtobesold
=Differencein(Salestarget/averageticketprice)
=43,200/48perticket44,000/50perticket
=20(tickets)
2 ClassicNumericalTestsSolutions Dell.Nc

8. Numberofcoachjourneys
=4weeksalestargettoJumpford/Averagepriceperticket/Numberofseats
=80,000/50perticket/25seatspercoach
=64(journeys)

QuestionThree
9. PercentagegrowthintotalnumberofcommutersbetweenJulyandSeptember
=(2.502.40)/2.40100%
=4.17%
PercentagegrowthintraincommutersbetweenJulyandSeptember
=(1.101.08)/1.08100%
=1.85%
TotalnumberofcommutersinNovember
=TotalnumberofcommutersinSept.(1+Percentagegrowthintotalnumberofcommuters
betweenJulyandSeptember)
=2.50(1+4.17%)
=2.60(millions)
TotalnumberoftraincommutersinNovember
=TotalnumberoftraincommutersinSept.(1+Percentagegrowthintotalnumberoftrain
commutersbetweenJulyandSeptember)
=1.10(1+1.85%)
=1.12(millions)

NumberofnontraincommutersinNovember
=2.601.12
=1.48(millions)

10. NumberoftraincommutersinOctober=1.70(millions)
NumberofnontraincommutersinOctober
=(3.201.70)
=1.50(millions)

Numberofdifference
=1.701.50
=0.20(million)

11. NumberofrailcommutersinNovember
=1.700.30
=1.40(millions)

3 ClassicNumericalTestsSolutions Dell.Nc

NumberofrailcommutersdidnotuseMetrotrainserviceinNovember
=NumberoftraincommutersinNovember(1Metrotrainrate)
=1.40(115%)
=1.19(millions)

12. NumberoftraincommutersdidnotuseMetrotrainservice
=NumberoftraincommutersinJuly(1Metrotrainrate)
=1.08(120%)
=0.864(million)

PercentageofcommuterstravelledbytrainduringJulybutdidnotuseMetrotrainservice
=NumberoftraincommutersdidnotuseMetrotrainservice/Totalnumberofcommuters
=0.864/2.40100%
=36%

QuestionFour
13. ProductionsinPeriod1ifnoovertimewasworked
=Averagenumberofemployeesper4weekperiodProductionWorkingweeks4weeks
=70employeesperperiod3unitsperpersonperhour40hoursperweek4weeks
=33,600(units)
ProductionsinPeriod2ifnoovertimewasworked
=Averagenumberofemployeesper4weekperiodProductionWorkingweeks4weeks
=50employeesperperiod3unitsperpersonperhour40hoursperweek4weeks
=24,000(units)

DifferenceinunitsproducedbetweenPeriod1and2
=33,60024,000
=9,600(units)

14. TotalpaybillforPeriod2
=Totalbasicpayments+Totalovertimepayments
=50employeesperperiod40hoursperweek4weeks6GBPperhour+
50employeesperperiod4hoursperweek4weeks10GBPperhour
=56,000(GBP)

15. NumberofincreasedworkforceinPeriod4
=Reducednumberofunitsproducedperhour/Actualnumberofunitsproducedperperson
perhour
=(3.02.4)unitsperpersonperhour40employees/2.4unitsperpersonperhour
=10(employees)

4 ClassicNumericalTestsSolutions Dell.Nc

16. NumberofreducedunitsinPeriod3and4
=TotalemployeesinPeriod3and4ProductionReducedworkingweek4weeks
=(55+40)employees3unitsperpersonperhour(4038)hours4weeks
=2,280(units)

QuestionFive
17. ValueofThaiBahtfor100EurosinYear2
=100(EUR)61.8(THB/GBP)/1.62(EUR/GBP)
=3,814.81(ThaiBaht)
RemainingamountofThaiBaht
=8,0003,814.81
=4,185.19(ThaiBaht)

ValueofGBPfortheRemainingamountofThaiBaht
=4,185.19(THB)/61.8(THB/GBP)
=67.72(GBP)

18. ValueofEurosfor1,000GBPpurchasedinYear1
=1,000(GBP)1.52(EUR/GBP)
=1,520(EUR)

ValueoftheamountofEurosinHongKongDollars(HKD)inYear2
=1,520(EUR)11.1(HKD/GBP)/1.62(EUR/GBP)
=10,415(HKD)

19. ChangeinvalueofTHBinrelationtoGBP
=(ValueinYear2ValueinYear1)/(ValueinYear1)100%
=[(1/61.8)(1/65.4)]/(1/65.4)100%
=5.8%

20. ChangeinvalueinrelationtoGBPbetweenYear1andYear2
Currency

Calculations(100%)

Percentage(AbsoluteValue)

Euro

(1/1.621/1.52)/(1/1.52)

6.17%

USDollar

(1/1.431/1.60)/(1/1.60)

11.89%

JapaneseYen

(1/1871/158)/(1/158)

15.51%

AustralianDollar

(1/2.721/2.55)/(1/2.55)

6.25%

ThaiBaht

(1/61.81/65.4)/(1/65.4)

5.83%

HongKongDollar

(1/11.11/12.3)/(1/12.3)

10.81%

MalaysianRinggit

(1/5.441/7.62)/(1/7.62)

40.07%

5 ClassicNumericalTestsSolutions Dell.Nc

QuestionSix
21. Percentageincreaseintheamountofminedore,fromYear1toYear5
=(AmountofminedoreinYear5AmountofminedoreinYear1)/(Amountofminedorein
Year1)
=(150110)/110100%
=36%

22. Amountoforemined
=Totalcost/Goldprice/Amountofgoldmilledfromore
=1,000,000(GBP)/8.00(GBPpergm)/5.0(gms/tonne)
=25,000(tonnes)

23. IncreasedinpriceofgoldbetweenYear4andYear5abovethataccountedforbyinflation
=GoldpriceinYear5GoldpriceinYear4(1+inflationrate)
=10.509.50(1+10%)
=0.05(GBP)

24. Financialreturnsperthousandtonnesoforemined
=AmountofgoldmilledfromoreGoldprice

Year

Calculations

Results

2001

1,000tonnes/thousandtonnes7.2gms/tone7.80GBP/gm

56,160GBP

2002

1,000tonnes/thousandtonnes5.0gms/tone8.00GBP/gm

40,000GBP

2003

1,000tonnes/thousandtonnes8.0gms/tone8.75GBP/gm

70,000GBP

2004

1,000tonnes/thousandtonnes7.6gms/tone9.50GBP/gm

72,200GBP

2005

1,000tonnes/thousandtonnes7.0gms/tone10.50GBP/gm

73,500GBP

2006

1,000tonnes/thousandtonnes7.4gms/tone10.00GBP/gm

74,000GBP

6 ClassicNumericalTestsSolutions Dell.Nc