Insurance (LIC / GIC) /Quantitative Aptitude

Number system

Arithmetic · free study notes · Updated

📚 Number System – Study Notes

Program: Insurance (LIC / GIC)
Subject: Quantitative Aptitude
Topic: Number System


1️⃣ Simple Explanation

The number system is the set of numbers we use to count, measure, and do arithmetic. In quantitative aptitude, we mainly deal with:

System Symbols Range Typical Use
Natural Numbers (ℕ) 1, 2, 3 … Positive integers Counting objects
Whole Numbers (ℤ⁺∪{0}) 0, 1, 2 … Non‑negative integers Money, marks
Integers (ℤ) …, –3, –2, –1, 0, 1, 2 … All whole numbers + negatives Balancing accounts
Rational Numbers (ℚ) Fractions (p/q where q≠0) All numbers that can be expressed as a fraction Discounts, rates
Irrational Numbers √2, π, e Non‑fractional, non‑repeating Constants in formulas
Real Numbers (ℝ) Rational + Irrational All possible numbers on the number line All calculations
Complex Numbers (ℂ) a + bi (i² = –1) Not used in basic LIC/GIC problems Advanced mathematics

In LIC/GIC quantitative tests, you’ll mainly use integers, rationals, and real numbers. You need to quickly determine the type of a number, perform simple operations, and solve problems involving divisibility, parity, and basic arithmetic properties.


2️⃣ Key Points to Remember

# Concept Quick Note
1 Divisibility Rules 2 → even; 3 → sum of digits divisible by 3; 4 → last two digits divisible by 4; 5 → last digit 0 or 5; 6 → divisible by 2 & 3; 9 → sum of digits divisible by 9; 10 → last digit 0
2 Parity Even numbers: divisible by 2; Odd numbers: not divisible by 2.
3 Prime Numbers Numbers >1 with only two divisors: 1 and itself.
4 Multiples & Factors A multiple of n is n·k. A factor of n divides n exactly.
5 Greatest Common Divisor (GCD) Largest number dividing two numbers. Use Euclid’s algorithm.
6 Least Common Multiple (LCM) Smallest number divisible by both. LCM × GCD = product of numbers.
7 Decimal Representation Finite decimals (e.g., 0.5) are rational. Repeating decimals (e.g., 0.333…) are also rational.
8 Scientific Notation 4.2 × 10⁵ → 420,000. Useful for very large or very small numbers.
9 Negative Numbers Keep track of signs in addition/subtraction. Multiplying two negatives gives a positive.
10 Number Properties - Even + Even = Even
- Even + Odd = Odd
- Odd + Odd = Even
- Even × Any = Even
- Odd × Odd = Odd

3️⃣ Worked Example

Problem (LIC style):
A sum of money is invested for 3 consecutive years.

  • Year 1: interest rate = 10% (simple interest).
  • Year 2: interest rate = 12% (compound interest on the amount at the end of Year 1).
  • Year 3: interest rate = 15% (simple interest on the amount at the end of Year 2).

If the principal was ₹10,000, what is the total amount after 3 years?


Step‑by‑Step Solution

Year Type Rate Amount at start Interest Amount at end
1 Simple 10 % ₹10,000 10 % of 10,000 = ₹1,000 ₹11,000
2 Compound 12 % ₹11,000 12 % of 11,000 = ₹1,320 ₹12,320
3 Simple 15 % ₹12,320 15 % of 12,320 = ₹1,848 ₹14,168

Total amount after 3 years = ₹14,168.


Why This Uses Number System Concepts

  • Percentages are fractions: 10 % = 10/100 = 0.1.
  • Multiplication of fractions and whole numbers.
  • Rational numbers (0.1, 0.12, 0.15).
  • Addition of different monetary amounts.
  • Rounding: No rounding needed, but if required, keep track of decimal places.

4️⃣ Quick Revision Summary

Topic What to Check
Divisibility Use quick rules for 2, 3, 4, 5, 6, 9, 10
Parity Remember even + odd = odd
Prime Check Trial division up to √n
GCD & LCM Euclid’s algorithm; LCM = (a·b)/GCD
Decimals & Fractions Convert repeating decimals to fractions if needed
Scientific Notation Move decimal point correctly
Negative Numbers Watch sign changes in multiplication/division
Operations Add/subtract with same/different signs; multiply/divide with fractions

Practice Problems for You

  1. Divisibility: Is 1,234,568 divisible by 6?
  2. GCD & LCM: Find GCD and LCM of 48 and 180.
  3. Interest Calculation: ₹5,000 at 8% simple interest for 4 years.
  4. Fraction to Decimal: Convert 17/25 to decimal.
  5. Scientific Notation: Write 0.00042 in scientific notation.

Answer the above and compare with the solutions below.


5️⃣ Solutions to Practice Problems

# Question Answer
1

Your note

Page 1

Doubt hai is topic me?

Free AI teacher se poocho — 24/7, step by step.