MTH302 Midterm Past Paper Fall 2005

MIDTERM EXAMINATION · SEMESTER fall 2005 · MTH302 –Business Mathematics & Statistics · Date 21st January, 2006

d. Attempt all the questions on Excel sheet and use only one excel sheet to solve all the questions. More then one sheets are not acceptable e. Solve the questions on excel sheet in usual manner i.e. from upward to downward not from left to right.

**WARNING: Please note that Virtual University takes serious note of unfair

means. Anyone found involved in cheating will get an `F` grade in this course.

Question Total Marks

Q1. Marks 15

Short Questions:

Uses, suitable excel function, to complete these short questions.

i) Find the utility and provident fund, if the basic salary is 35000 (3.5)

ii) Find average using Excel Function of these values 51,27,9,17 (3.5)

iii) Calculate the determinant of

(4)

iv) Ali buy ice cream for 10 Rs, he wants to sell to his friend for 15 Rs, What is the markup in Rs?

(4)

Q2. If FC=4345Rs, VC=Rs 165, S=194, Capacity=410 units. What unit sale will generate NI of Rs. 2500? Note that unit sold is 141.

Q3. Find multiplication of A & B and inverse of the matrix A, written below.

A = , B =