Lesson 31 of 42 · Numerical reasoning

Reading charts and tables correctly

Read the frame of a table before its numbers, and keep levels, changes, percentage changes, shares and index points apart.

About 20 minutes

In this lesson

  • Read a table’s title, units, headers and notes before using any number in it.
  • Distinguish a level, an absolute change and a percentage change, and compute each from a table.
  • Work with shares, totals and index numbers without mixing up their bases.

The idea

What the area tests

Bocconi says that advanced knowledge of mathematics is not required for numerical reasoning: the calculations are simple, and the challenge is often to read a chart or table correctly. The standard test has six numerical reasoning questions, mixed in with the other areas. The skill, then, is less arithmetic than discipline: reading exactly what the data shows before computing anything.

Read the frame before the numbers

Every table or chart has a frame that tells you what its numbers mean. Read it first, every time.

  • Title: what is measured, for whom, over what period.
  • Units: euros or millions of euros; people or percent of people; litres per 100 km.
  • Headers: which row and which column a number belongs to. In a table with years as columns, a misread column gives a perfectly plausible wrong answer.
  • Notes: "figures in € million", "2024 provisional", "excludes part-time staff".
  • Axis of a chart: where the scale starts. A bar chart whose axis starts at 80 rather than 0 makes small differences look large; read the values, not the heights.

Levels, changes and rates

Most questions ask for one of three things, and the wrong options are often built from the other two.

Asked for Calculation Example: 240 to 300
Level Read the value 300
Absolute change new − old +60
Percentage change (new − old) ÷ old +25%

The largest absolute change and the largest percentage change often belong to different rows. A small starting value can produce a large percentage change from a modest absolute change.

Shares and totals

When a table gives shares (percent of a total), a falling share does not mean a falling amount: if the total grows, a smaller share of a bigger total can still be more. To compare amounts across years, turn shares into amounts by multiplying by each year's total. A change in a share is measured in percentage points.

Index numbers

An index sets a base period equal to 100 and expresses other periods relative to it. An index of 124 means 24% above the base period. But a move from 118 to 124 is 6 index points, which is a rise of 6118≈5.1%\frac{6}{118} \approx 5.1\%, not 6%: a percentage change is measured from the starting value, not from the base year.

Averages of rates

If one group grows by 10% and another by 30%, the two together grew by 20% only if they started the same size. The combined rate is a weighted average, closer to the rate of the larger group. To combine, go back to amounts: add the starting amounts, add the final amounts, then compute one percentage change.

Charts carry the same information

Bar, line and pie charts are tables drawn as pictures. Read them as you would a table: identify the category, the period and the value, write down the values you need, then compute. Estimate from a picture only when the options are far enough apart to allow it.

A routine for data questions

  1. Read the question and name exactly what it asks for: a level, a change, a percentage change, a share or a comparison.
  2. Read the frame: units, periods, notes.
  3. Write down only the values you need.
  4. Compute, then check the order of magnitude against the data.

The routine costs a few seconds and removes the commonest errors, which are not arithmetic errors at all but reading errors.

Worked examples

Example 1: Largest increase: absolute or percentage?

Quarterly sales by region, € thousand

Region Q1 Q4
North 240 300
Centre 400 460
South 150 195

Which region had the largest percentage increase in sales from Q1 to Q4?

  1. Name the target: a percentage increase, so each change must be divided by that region's Q1 value.

  2. Absolute changes: North 300−240=60300 - 240 = 60; Centre 460−400=60460 - 400 = 60; South 195−150=45195 - 150 = 45.

  3. Percentage changes: North 60240=25%\frac{60}{240} = 25\%; Centre 60400=15%\frac{60}{400} = 15\%; South 45150=30%\frac{45}{150} = 30\%.

  4. South has the smallest absolute increase but the largest percentage increase, because it started from the smallest base.

Answer

South, with 30%. Centre, which has the largest sales, and North, which ties for the largest absolute increase, are the tempting wrong answers.

Example 2: Index points are not percent

A price index has 2020 = 100. It stands at 118 in 2023 and 124 in 2024. By what percentage did prices rise from 2023 to 2024?

  1. The change is 124−118=6124 - 118 = 6 index points.

  2. A percentage change is measured from the starting value, which is 118, not the base of 100: 6118\frac{6}{118}.

  3. By hand: 6118≈6120=0.05\frac{6}{118} \approx \frac{6}{120} = 0.05, and since 118 is a little less than 120 the true value is a little more, about 5.1%.

Answer

About 5.1%. "6%" is the tempting answer: it treats index points as percentages, which works only when the starting value is exactly 100.

Example 3: A smaller share of a bigger total

Average monthly household spending

2020 2024
Total spending (€) 2,000 2,500
Housing, share of total 30% 28%

Did spending on housing rise or fall, and by how much?

  1. The share fell by 2 percentage points, but the question asks about the amount, so convert each share using its own year's total.

  2. 2020: 0.30×2,000=6000.30 \times 2{,}000 = 600 euros. 2024: 0.28×2,500=7000.28 \times 2{,}500 = 700 euros.

  3. Change: 700−600=100700 - 600 = 100 euros, which is 100600≈16.7%\frac{100}{600} \approx 16.7\%.

Answer

Housing spending rose by €100 a month, about 16.7%, even though its share fell by 2 percentage points. "It fell" is the tempting wrong answer.

Common traps

  • Wrong row or column

    In a dense table, a value from the neighbouring column or row is read by mistake. The result looks reasonable, so nothing warns you. Put a finger, or the cursor, on the row and column headers before reading a value.

  • Absolute change for percentage change

    The row with the biggest increase in euros is chosen when the question asks for the biggest percentage increase. Divide each change by its own starting value before comparing.

  • Ignoring the units line

    A table "in € million" or "in thousands" is read as plain units, and an option a thousand times too small or large is chosen. Read the title and notes first and carry the unit through the calculation.

  • Averaging percentages

    Two rates are averaged as if the groups were the same size. Go back to the amounts, add them, and compute one percentage from the totals.

  • Share down, so amount down

    A falling share is read as a falling amount. If the total grew, the amount may have risen. Multiply each share by its own total before comparing.

Check yourself

Answer each question before you open its answer.

Question 1: Fastest-growing destination

Numerical reasoning

Exports of a small economy by destination, € million

Destination 2023 2024
Region A 320 368
Region B 250 240
Region C 180 216
Region D 150 176
Total 900 1,000

Which destination had the largest percentage increase in exports from 2023 to 2024?

  1. A.Region A
  2. B.Region B
  3. C.Region C
  4. D.Region D
Show the answer

Answer: C. Region C

Working

Changes: A +48+48 on 320, which is 15%; B −10-10 on 250, which is −4%-4\%; C +36+36 on 180, which is 20%; D +26+26 on 150, which is about 17.3%. Region C grew fastest in percentage terms.

Why the other options are wrong

  • A. Region A had the largest increase in euros (48 million), but on its large base that is only 15%.
  • B. Exports to Region B fell, from 250 to 240 million.
  • D. Region D grew by 26150≈17.3%\frac{26}{150} \approx 17.3\%: close, but below Region C.

What carries over

Rank percentage changes by dividing each change by its own starting value; the largest change in euros is often not the largest percentage.

Question 2: Region A’s share of exports

Numerical reasoning

Exports of a small economy by destination, € million

Destination 2023 2024
Region A 320 368
Region B 250 240
Region C 180 216
Region D 150 176
Total 900 1,000

How did Region A's share of total exports change from 2023 to 2024?

  1. A.It rose by about 1.2 percentage points.
  2. B.It rose by 4.8 percentage points.
  3. C.It rose by 15 percentage points.
  4. D.It fell by about 1.2 percentage points.
Show the answer

Answer: A. It rose by about 1.2 percentage points.

Working

2023 share: 320900≈35.6%\frac{320}{900} \approx 35.6\%. 2024 share: 3681,000=36.8%\frac{368}{1{,}000} = 36.8\%. Change: 36.8−35.6≈+1.236.8 - 35.6 \approx +1.2 percentage points. A quick cross-check: Region A grew faster than the total, so its share had to rise.

Why the other options are wrong

  • B. 4.8 is Region A's increase of 48 million as a percentage of the 2024 total. That is not a change in its share.
  • C. 15% is the growth of Region A's exports, a percentage change, not a change in its share of the total.
  • D. Right size, wrong direction: Region A grew faster (15%) than total exports (about 11%), so its share rose.

What carries over

A share is a part divided by its own year’s total; compare shares in percentage points.

Question 3: Which grew faster than the total?

Numerical reasoning

Exports of a small economy by destination, € million

Destination 2023 2024
Region A 320 368
Region B 250 240
Region C 180 216
Region D 150 176
Total 900 1,000

Which destinations' exports grew by a larger percentage than total exports from 2023 to 2024?

  1. A.Region C only
  2. B.Regions A and C only
  3. C.All four regions
  4. D.Regions A, C and D
Show the answer

Answer: D. Regions A, C and D

Working

Total exports grew from 900 to 1,000, which is 100900≈11.1%\frac{100}{900} \approx 11.1\%. Region A grew 15%, C 20% and D about 17.3%, all above 11.1%; B fell by 4%. So A, C and D grew faster than the total.

Why the other options are wrong

  • A. Region C grew fastest, but the question asks for every destination above the total's rate, not for the fastest.
  • B. Leaves out Region D, probably because of its small increase in euros (26 million); in percentage terms it grew by about 17%.
  • C. Exports to Region B fell, so B cannot have grown faster than the total.

What carries over

Compare like with like: percentage growth of each part against percentage growth of the total.

Key points

  • Read the title, units, headers and notes before any number.

  • Decide whether the question asks for a level, an absolute change or a percentage change.

  • A falling share can hide a rising amount; changes in shares are in percentage points.

  • Index points become percentages only when divided by the starting value.

All questions here are original and written for UniExamer; none comes from the test maker.

Written by the UniExamer team with AI assistance. Every worked example and check question was re-solved by an independent checker before publication. No subject expert has reviewed this lesson yet. If you find a mistake, write to support@uniexamer.com.

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