JIPMAT study materials
JIPMAT study resources

JIPMAT flashcards

JIPMAT · Build recall with a focused review session.

32 cards. Read the term and the definition here. The deck at the top of this page is optional.

Successive percentage change
Two successive changes of a% and b% equal a + b + ab/100 as a single change. A 10% increase followed by 10% decrease yields a net 1% decrease.
Profit percentage base
Profit% equals (SP − CP)/CP × 100, computed on cost price. Discount% is computed on marked price instead, so the two percentages use different bases.
CI minus SI for two years
For principal P and rate R, compound interest exceeds simple interest over two years by P(R/100)^2. At 10% on 1000, the gap is 10.
Equal profit and loss trap
If two articles sell at the same price, one at x% profit and one at x% loss, the seller loses (x/10)^2 percent overall. At 20% each, the loss is 4%.
Train crossing platform
A train of length L at speed v crosses a platform of length P in (L + P)/v. Crossing a pole takes only L/v. Convert km/h to m/s by multiplying 5/18.
Boat upstream downstream formulas
Boat speed b = (downstream + upstream)/2 and stream speed s = (downstream − upstream)/2, where downstream is b + s and upstream is b − s.
Alligation ratio rule
When mixing a cheaper and dearer component to reach a mean price, quantities are in the ratio (mean − cheaper) : (dearer − mean), taken crosswise.
Combined work formula
If A alone takes a days and B alone b days, working together they finish in ab/(a + b) days. Rates add; times do not.
Sum of first n integers
The sum of the first n natural numbers is n(n+1)/2, and the sum of their squares is n(n+1)(2n+1)/6.
Divisibility by 8
A number is divisible by 8 exactly when its last three digits form a number divisible by 8. Divisibility by 4 depends only on the last two digits.
Normalising table units
When a table mixes thousands and lakhs, or percentages and absolute values, convert every entry to a single unit before computing ratios or differences.
Share versus percentage change
A market share dropping from 40% to 30% is a 10 percentage-point fall but a 25% relative decline. The two measures answer different questions.
Pie chart sector angle
Each sector angle equals (value/total) × 360°. A 15% share corresponds to 54°, and a 25% share to 90°.
Compound annual growth rate
Average growth over n intervals is (final/initial)^(1/n) − 1. Averaging yearly percentages arithmetically overstates the true compound rate.
Truncated axis trap
A bar or line chart whose y-axis does not start at zero exaggerates differences. Check the axis origin before drawing conclusions about magnitude.
Number series checklist
Test differences first, then ratios, then squares or cubes, then two interleaved sequences. Only after these fail assume a single uniform rule.
Circular permutation count
n distinct people can be arranged around a circle in (n − 1)! ways. If clockwise and anticlockwise orders count as the same, divide by 2.
Second to the left
In a linear row facing north, 'A is second to the left of B' means exactly one person sits between A and B, with A on B's left.
Syllogism validity test
A conclusion follows only if it holds in every possible Venn arrangement of the premises. A single counter-arrangement makes it invalid.
Subject-verb agreement rule
The verb agrees with the head noun, not the nearest noun. In 'The list of items is long', the singular subject 'list' governs 'is'.
Collective noun verb choice
Collective nouns such as team, jury or government take a singular verb when acting as one unit, and a plural verb when members act individually.
Neither nor agreement
With 'neither … nor' or 'either … or', the verb agrees with the nearer subject. 'Neither the boys nor the teacher was present' is correct.
Fewer versus less
Use 'fewer' with countable nouns and 'less' with uncountable ones. Use 'number' for countable items and 'amount' for mass nouns.
Dangling modifier
An introductory participle must describe the subject of the main clause. 'Walking down the road, the tower was seen' is wrong because the tower was not walking.
Passage-supported answers
In reading comprehension, the correct option must be justified by the passage itself. Outside knowledge, however true, cannot make an option correct.
Extreme word warning
Options containing always, never, only or must are usually wrong in inference questions, because passages rarely support absolute claims.
Main idea versus detail
A main-idea option must cover the whole passage. An option that is accurate only for one paragraph is a detail trap, not the central claim.
Para-jumble opener clue
The opening sentence usually introduces a noun in full without pronouns. Later sentences refer back with pronouns or words like this and these.
Vocabulary in context
Choose the meaning that fits the logic of the given sentence. A familiar dictionary sense is often the deliberate distractor in these questions.
Ratio proportion shortcut
If a:b = 2:3 and b:c = 4:5, make b common: a:b:c = 8:12:15. Equalise the shared term before combining ratios.
Averages and weighted mean
Combined average of groups sizes n1, n2 with averages a1, a2 is (n1a1 + n2a2)/(n1 + n2). A simple mean of the two averages is wrong unless sizes match.
Data sufficiency decision rule
Solve using each statement alone first, then together. The answer is 'together needed' only if neither statement alone suffices but the pair does.