Example Question: Numerical Reasoning
This is a test of your skill at reasoning with numbers. First you are given some information in a variety of forms - text, tables or graphs - followed by related questions. For each question, choose what you think is the correct answer from the possible answers A to P.
Question: An insurance scheme pays gross salary benefits to its members who are sick for extended periods of time at the following rates:
1st month: Nil
2nd-4th months 50% of normal salary
5th and succeeding months: 25% of normal salary on the first $24,000 p.a of salary for each month in which the member is sick and is not paid by the employer.
How much does the scheme pay to:
1: John, who is off work for two months, whose salary is $12,000 p.a., and who gets no sick pay?
2: Pat, who is ill for six months, but who is paid normally for the first two months and whose salary is $18,000 p.a.
3: Hilary, whose salary is $30,000 p.a., who gets 3 months sick pay from her employer, and who has to take nine months off?
Possible Answers:
A) $250 B) $500 C) $750 D) $1,000
E) $1,125 F) $1,500 G) $1,765 H) $2,125
I) $2,250 J) $2,350 K) $2,500 L) $3,125
M) $3,750 N) $4,000 O) $5,000 P) $5,625
Here were my answers. I think the last one is wrong as my answer isn't one of the options, can someone explain why?
1. John
1 Nil from insurance
2 50% x $1000
= $500
2. Pat. I, $2250.
1 paid by employer
2 paid by employer
3 Nil from insurance
4 50% x $1500
5 50% x $1500
6 50% x $1500
= $2250
3. Hillary
1 paid by employer
2 paid by employer
3 paid by employer
4 $0 from insurance
5 50% x $2500
6 50% x $2500
7 50% x $2500
8 25% x $2000 (only pays on first $24000 of salary)
9 25% x $2000
=$4750
This is a test of your skill at reasoning with numbers. First you are given some information in a variety of forms - text, tables or graphs - followed by related questions. For each question, choose what you think is the correct answer from the possible answers A to P.
Question: An insurance scheme pays gross salary benefits to its members who are sick for extended periods of time at the following rates:
1st month: Nil
2nd-4th months 50% of normal salary
5th and succeeding months: 25% of normal salary on the first $24,000 p.a of salary for each month in which the member is sick and is not paid by the employer.
How much does the scheme pay to:
1: John, who is off work for two months, whose salary is $12,000 p.a., and who gets no sick pay?
2: Pat, who is ill for six months, but who is paid normally for the first two months and whose salary is $18,000 p.a.
3: Hilary, whose salary is $30,000 p.a., who gets 3 months sick pay from her employer, and who has to take nine months off?
Possible Answers:
A) $250 B) $500 C) $750 D) $1,000
E) $1,125 F) $1,500 G) $1,765 H) $2,125
I) $2,250 J) $2,350 K) $2,500 L) $3,125
M) $3,750 N) $4,000 O) $5,000 P) $5,625
Here were my answers. I think the last one is wrong as my answer isn't one of the options, can someone explain why?
1. John
1 Nil from insurance
2 50% x $1000
= $500
2. Pat. I, $2250.
1 paid by employer
2 paid by employer
3 Nil from insurance
4 50% x $1500
5 50% x $1500
6 50% x $1500
= $2250
3. Hillary
1 paid by employer
2 paid by employer
3 paid by employer
4 $0 from insurance
5 50% x $2500
6 50% x $2500
7 50% x $2500
8 25% x $2000 (only pays on first $24000 of salary)
9 25% x $2000
=$4750
