2/27/2014

How to Work out Ratios in Psychometric Tests - graduatewings.co.uk

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How to Work out Ratios in Psychometric Tests

It is widely known that occupational standardised tests are composed of range of mathematical operations such as percentages, ratios, proportions, fractions and other related arithmetic or algebraic functions. For sure, most people have heard of these in context of psychometric testing but may not know whats involved or where to begin. It is important to stress that basic understanding of such operations alone is not sufficient to guarantee success in objective quantitative tests. Note that you also need to be acquainted with related mathematics functions and know how to convert ratios to fractions, percentages or decimals and vice versa. The below section will look at and demonstrate how to work with such concepts and will provide you with few pointers to set you on your way.

How to work out ratios

Often in your psychometric assessment tests you may be required to calculate ratios and proportions from tables, graphs or charts where numerical data will be displayed in variety of forms. The below example demonstrates how to compare fractions expressed in decimal form quickly and accurately. It will show you how to make quick mental judgement of such information. Consider the question and table below.

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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