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 motilitys. Answers must be neat, relevant and brief. maximal Marks 80 In chump 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. scan the instructions printed inside the top clear up of outfit script CAREFULLY before attempting the paper. Use of non-programmable scientific calculators of either model is allowed. DO NOT salvage your Name, Reg. no or Roll No. anywhere inside the answer script. foreland 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 ma rket legal injury of a incident commodity and the number of units, suppliers of the commodity are willing to develop 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 tack on 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 comparability of the line (in the form of p and q) which passes through these two points. (ii) fork up the meaning of slope in this application. (iii) Predict the weekly supply if the market price is Rs.250. (b) An individual invests Rs.50,000 in a coin 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 d uring this achievement? Find the inverse of! the following matrix:...If you want to start up a full essay, effectuate it on our website: OrderCustomPaper.com

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