Acma

INSTITUTE OF COST AND MANAGEMENT ACCOUNTANTS OF PAKISTAN Spring (Summer) 2010 Examinations Tuesday, the 25th whitethorn 2010 BUSINESS MATHEMATICS & STATISTICS - (S-203) STAGE 2 Time Allowed 2 Hours 45 Minutes (i) (ii) (iii) (iv) (v) (vi) (vii) Attempt ALL distrusts. Answers must be neat, relevant and brief. maximal Marks 80 In scar the question paper, the examiners take into banknote clarity of exposition, logic of arguments, in force(p) presentation, language and use of sack up diagram / chart, where appropriate. tell the instructions printed inside the top clear up of outfit script CAREFULLY before attempting the paper. Use of non-programmable scientific calculators of some(prenominal) model is allowed. DO NOT save your Name, Reg. no or Roll No. anywhere inside the answer script. interrogatory No.1 Multiple Choice Question printed sepa appraisely, is an integral percent of this question paper. SECTION A Q.2 (a) There is a unidimensional kindred between the market legal injury of a picky commodity and the number of units, suppliers of the commodity are willing to natural elevation to the market place. Two samples observations indicate that when the price equals Rs.150 per unit, the weekly write out equals 30,000 units, and when the price equals Rs.200 per unit, the translate equals 50,000 units.

(i) If price per unit p, is plan on the horizontal axis and the quantity supplied q is plan on the vertical axis, determine the lean-intercept puzzle out of the comparison of the line (in the form of p and q) which passes through these two points. (ii) register t he meaning of slope in this application. (ii! i) Predict the weekly supply if the market price is Rs.250. (b) An individual invests Rs.50,000 in a funds market ancestry which is expected to yield interest at a rate of 12 percent per year heighten quarterly. If the interest prevail stable to what amount should Rs.50,000 grow oer the next 5 years? How much interest should be earned during this achievement? Find the inverse of the following ground substance:...If you want to start up a full essay, effect it on our website: OrderCustomPaper.com

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