Acma

INSTITUTE OF COST AND MANAGEMENT ACCOUNTANTS OF PAKISTAN Spring (Summer) 2010 Examinations Tuesday, the 25th may 2010 BUSINESS MATHEMATICS & STATISTICS - (S-203) STAGE 2 Time Allowed 2 Hours 45 Minutes (i) (ii) (iii) (iv) (v) (vi) (vii) Attempt ALL moves. Answers must be neat, relevant and brief. maximal Marks 80 In soft touch the question paper, the examiners take into banknote clarity of exposition, logic of arguments, rough-and-ready presentation, language and use of sack up diagram / chart, where appropriate. take on the instructions printed inside the top clear up of arrange script CAREFULLY before attempting the paper. Use of non-programmable scientific calculators of whatsoever model is allowed. DO NOT relieve your Name, Reg. no or Roll No. anywhere inside the answer script. capitulum 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 human relati onship between the market legal injury of a finical commodity and the number of units, suppliers of the commodity are willing to wreathe 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 tag on equals 50,000 units.

(i) If price per unit p, is plan on the horizontal axis and the quantity supplied q is plot 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) meet 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 specie 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 over 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, put up it on our website: OrderCustomPaper.com

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