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Grant Thornton Aptitude Test Past Questions and Answers 2023

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If you have been invited for aptitude test at Grant Thornton, practicing with Grant Thornton past questions and answers is an excellent way to prepare, as some of the questions may be repeated in subsequent assessments. Next Grant Thornton Aptitude Test takes place soon!

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Grant Thornton Aptitude Test Past Questions And Answers 2023

Grant Thornton Aptitude Test Past Questions and Answers 2022

Grant Thornton Aptitude Test Past Questions and Answers 2022. Have you been invited for an aptitude test at Grant Thornton Nigeria? practicing with Grant Thornton Nigeria past questions and answers is an excellent way to prepare, as some of the questions may be repeated in subsequent assessments. Get an updated copy of Grant Thornton Nigeria Job Aptitude Test Past Questions And Answers. This study material covers questions and answers compiled from Grant Thornton Nigeria Job’s previous year’s aptitude test.

The Grant Thornton Application Form

The first step in the Grant Thornton recruitment process is the completion of the application form. This is a fairly detailed form with a particular emphasis on the key competencies of Grant Thornton. You are asked for basic details about yourself and work history. In addition, you must provide written answers to competencies questions. You have a 500-word limit so make sure to write as clearly and concisely as possible. Showing your motivation for working at the company is highly important here. You can also include your CV and Cover letter in your application so make sure you use the opportunity to show off your best assets. If your application is successful you will move on to the next part of the Grant Thornton recruitment process.

Sample Grant Thornton Aptitude Test Past Questions And Answers

Grant Thornton Aptitude Test Past Questions And Answers 2023

Question 1

What will the revenue be in 2023, if it grows at 20% every year after 2020?

A. £12,960,000

B. £13,260,000

C. £13,560,000

D. £13,860,000

 

Solution

Calculate the growth year by year

2021: £7,500,000 x 120% = 9,000,000

2022: £9,000,000 x 120% = 10,800,000

2023: £10,800,000 x 120% = 12,960,000


Question 2

How much has the value of the industry changed from 2018 to 2020?

A. £5,557,576

B. £5,657,576

C. £5,757,576

D. £5,857,576

 

Solution

Step 1: Calculate the value of the industry in both years

2018: (£6,000,000 / 55) x 100 = £10,909,090

2020: (£7,500,000 / 45) x 100 = £16,666,666

Step 2: Calculate the difference

£16,666,666 – £10,909,090 = £5,757,576


Question 3

Profits have been used to reduce liabilities owed by the company. What will be the difference between liabilities and assets in 2022 if liabilities remain the same and the assets appreciate at 50% per year for the next two years?

A. £462,400

B. £463,400

C. £464,400

D. £465,400

 

Solution

Step 1: Calculate the value of the assets

2021: 1,000,000 x 150% = £1,500,000

2022: 1,500,000 x 150% = £2,250,000

Step 2: Calculate the difference

£2,714,400 – £2,250,000 = £464,400


Grant Thornton Aptitude Test Past Questions And Answers 2023

Grant Thornton Aptitude Test Past Questions And Answers 2023

Question 5

You are monitoring how well your bank is processing customer complaints. How many Bank Account & Loan complaints were closed and not agreed by the bank over the year?

A. 308,000

B. 10,000

C. 302,000

D. 125,950

 

Solution

Step 1: Calculate number closed and not agreed in: Quarter 1 = 145000 X .5 = 72,500; Quarter 2 = 150000 X .55 = 82,500; Quarter 3 = 175000 X .48 = 84,000: Quarter 4 = 140000 X .45 = 63,000

Step 2: Add total closed and not agreed = 72,500 + 82,500 + 84,000 + 63,000 = 302,000


Question 6

Over the full year, how many complaints about PPI were not closed within twelve weeks?

A. 429,000

B. 439,000

C. 449,000

D. 459,000

 

Solution

Step 1: Calculate number of PPI complains not closed within 12 weeks in :
Quarter 1 = 325000 X .3 = 97,500;
Quarter 2 = 375000 X .25 = 93,750;
Quarter 3 = 525000 X .23 = 120,750;
Quarter 4 = 585000 X .2 = 117,000

Step 2: Calculate total PPI not closed within 12 weeks:
97,500 + 93,750 + 120,750 + 117,000 = 429,000


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Grant Thornton Aptitude Test Past Questions And Answers 2023
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