Tricks To Solve Data Caselets Practice Questions and Answers

The most popular question categories in the CAT data interpretation portion are data caselet questions. In these questions, you’ll be given a caselet and asked a series of questions. Candidates must organise all of the material from the caselet before answering the questions. CAT data caselet questions are crucial because they are asked almost every year and are simple to answer. The quantitative component also includes data caselets in addition to data interpretation.

What is a Data Caselet?

A Caselet is a collection of facts presented in the form of paragraphs. There are no tables or graphs in a Caselet. To answer the questions, you must read the information and create a table or organise the data provided. To master such questions, practise a lot of caselet-based questions.

Tips to Solve CAT Data Caselet Questions Easily

Below are some helpful hints for CAT candidates who are having trouble answering data caselet questions.

Make a Table

It is critical to create tables by thoroughly studying the data. A table can aid in the organisation of data and the effective interpretation of the query. While reading the caselet, use notations to indicate data in the table and take notes.

Carefully read the Caselets.

It’s critical to read the caselets carefully to avoid making mistakes. Check that all of the data in the caselet has the same units. It is critical to convert any units that do not correspond to the overall data.

Understand the Fundamentals

To solve data caselet questions, you’ll need a firm grasp of basic arithmetic. To solve them, you must understand unit conversion and the principles of percentages, profit and loss, interests, and so on.

Shortcuts and Approximations

Shortcuts can help you answer these questions more quickly. It’s also a good idea to apply approximation and look for the closest value among the possibilities. This will allow you to save a significant amount of time during the exam.

Practice

These questions are simple to answer, although they do require some experience. Practice the above-mentioned basic mathematical subjects and example questions to become more confident and successful when answering CAT data caselet questions. To be able to tackle any related subject with ease, it is also necessary to solve several types of caselet questions.

Let’s try solving a caselet to understand how we can approach these questions.

Example

Mr. Shyam wishes to purchase a watch that costs Rs. 40,500. The watch is also available for Rs. 20,000 down payment and Rs. 1400 monthly instalments for two years or Rs. 16,000 down payment and Rs. 1100 monthly instalments for three years. Mr. Shyam only has Rs. 10,000 on him. He wants to borrow the rest of the down payment money from a private company. The terms of that private company are as follows:

The rate of interest on a loan of Rs. 5000 for a period of 12 months is 20%. Interest will be calculated on the entire amount for the entire year. Because 5000 is the principal amount + 1000 is the interest rate, the borrower must pay Rs. 500 every month for a period of 12 months.

If you borrow more than Rs. 9,000 for a year, the rate of interest is 25% and is calculated exactly as shown above.

Case:

1. Assume Mr. Shyam is willing to pay either of the down payments; which of the two instalment plans is the preferable option? (Assume that Mr. Shyam will pay the instalments out of his own pocket and that he will not gain any interest on his savings.) Assume that, rather than borrowing the remaining funds for the down payment, he saves the remainder before closing.
2. 1100 per year for three years B. 1400 per year for two years

A or B C Insufficient data

Ans: We must evaluate the two downpayments provided in the question and determine which is superior. One downpayment option is 1400 for two years, and the other is 1100 for three years.

The total cost of the first downpayment will be Rs. 53600 (20000 + 16800 + 16800).

The total cost of the second downpayment will be Rs. 55600, which is 16000 + 13200 + 13200 + 13200.

Mr. Shyam will be better off paying the first downpayment because he will not be charged interest. As a result, B is the correct response.

Practice Questions for Data Caselets:

1:- If the output is successful, there is no loss (units)

1. 7
2. 8
3. 9
4. 10

Option 4 is the correct answer.

Explanation: The income for 50 units can be calculated as 750, hence the SP per unit is 750/50 = Rs. 15.

500/50 = Rs. 10 is the variable cost per unit.

As a result, each unit earns an additional Rs. 5.

The FC is Rs 50 for manufacture of less than 34 units.

In this situation, producing 10 units results in no loss or profit.

2:- If output is less than 40, which of the following is the optimal number of units to make and sell to maximise profit?

1. 30
2. 35
3. 32
4. 38

Option 3 (Answer)

The number of units produced is fewer than 40.

However, as indicated in the previous question, each unit gives us an additional 5 Rs.

However, after 34 units, the price increases by Rs. 40.

(90 – 50).

As a result, only 8 extra units can produce the same profit as 34 units.

However, the output is fewer than 40 units, and our answer is the maximum choice which is less than 34. As a result, option 3 is the best option.

Conclusion:

 Solving caselets necessitates a full comprehension of the passage’s topic matter. Carefully read the paragraph and consider what the inquiry requires. Simply said, be explicit about what is offered and what is requested. While reading a caselet, try to highlight all of the key elements.