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In how many more projects have profits of consultancy A exceeded costs compared to consultancy B? Firstly, to work out the above ratio question in psychometric assessment you need to determine the number of projects of consultancy B which had higher profits than costs. To establish this figure you have to look for projects that had ratio higher than 1; that is Projects D and E. Now you may ask why. Take as an example project D and convert 1.3 into fraction. You will get 13/10. As it is stated that amounts are expressed as profits to costs and hence, you may conclude that in Project D profits exceeded costs. The same applies to Project E. As far as consultancy A is concerned you can clearly see that Project A, B and D had lower proceeds than expenses as the ratio is lower than 1 (remember, if you divide lower number with greater you will always get number lower than 1). Conversely, Project C, E and F had higher profits than costs and hence you may deduct that earnings of consultancy A have exceeded costs in one project compared to consultancy B. Following on from the above, the below question looks at how to work out unknown value of ratio expressed as decimal number. For the following consider the question below. If the cost of project C was 8,500 then what was the profit made by Consultancy A? The above problem may be seemingly tricky for candidates that are new to concepts of ratios or proportions in psychometric or aptitude tests and dont have extensive experience in this area. At first, some applicants may get element of surprise; to solve the above you need to convert 1.1 into fraction, that is, 11/10. Now, as the ratio of profits to costs is 11/10 then simply divide 8,500 by 10 to get 850 and add this to 8,500, that is, 8,500 + 850 = 9,350. Its that simple. To be quick in your workings and calculations practice computing similar kinds of problems in your daily routine.
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