Quantitative Techniques

Assessment of Fundamental Competencies

The following data represents the average monthly take-home salary of the employees of an organization:
Year 2005 2006 2007 2008
Pay (Rs.) 12,350 13,500 14,800 16,500
Price Index 110.1 122.3 137.6 160.2

1.1 Compute the real wages for each of the above years.
a) 11217, 11038, 10766, 10300 b) 11217, 11038, 10756, 10330
c) 11217, 11138, 10756, 10300 d) 11217, 11038, 10756, 10300
1.2 Compute the amount of pay needed in 2008 to provide buying power equal to that enjoyed in
2006.
a) 10,300 b) 17,864
c) 17,684 d) None of these
1.3 If the current year’s weighted index is 5% higher than the base year and Fisher’s Ideal Index
Number is 250, find out the Laspeyre’s Price Index Number and Paasche’s Price Index Number.
a) 243 and 256 b) 244 and 256
c) 243 and 255 d) None of these

Data for questions following 3 questions

Year 2005 2006 2007 2008 2009 2010
Wages (Rs) 11,000 12,000 13,500 14,800 16,500 19,000
Real Wages(Rs) 11,000 10,800 11,300 11,100 10,550 10,900
1.4 Compute the price index for the years 2006 to 2010, rounded to one decimal place, taking 2005
as the base year.
a) 100, 111, 119, 133, 157, 175, 191 b) 100, 111, 119, 133, 157, 174, 192
c) 100, 111, 120, 133, 157, 174, 191 d) 100, 111, 119, 133, 157, 174, 191
1.5 The formula for buying power is:
Real wages Wages
a) b)
Wages Real wages
100
c) d) Both “a” and “c”
index
1.6 If the price index for the year 2011 is 191.2, calculate the amount of wages whose buying power
would be the same as that of year 2007?
a) Rs 17,352 b) Rs 18,192
c) Rs 21,600 d) None of these

1
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
Data for questions following two questions
Prices (Rs.) Quantity (Kg.)
Commodity
2010 2011 2012 2010 2011
Alpha 64 75 80 270 276
Beta 40 45 41 124 118
Gamma 18 21 20 130 121
Eta 58 68 56 185 267
1.7 Calculate Fisher Price Index for the year 2011
a) 116.7 b) 116.5
c) 116.6 d) None of these
1.8 If Fisher Price Index for 2012 is 110.7, calculate Paasche’s Price Index for year 2012 using
2010 as base:
a) 112.27 b) 109.15
c) 116 d) None of these
1.9 4x+3y ≤ 9, 2x+6y ≤ 4, while x ≤ 0, y ≤ 0 find redundant constraints.
a) 4x+3y≤9 b) 2x+6y ≤ 4
c) Both equations d) No equations

Data for following two Questions

A factory produces Transformers and Switchgears. The production is carried out in two
departments A & B. The machines in department A can work upto 6 hours per day whereas those
in department B can work upto 7.5 hours per day. A transformer requires 4 hours in department
A & 3 hours in department B, whereas a switch gear requires 2 hours in department A & 5 hours
in department B. The profit margin on a transformer is Rs.5,000 and on a switch gear is
Rs.6,000.
1.10 What are the constraints and objective function?
a) 4x+2y≤120 b) 4x+3y≤120
3x+5y≤150 2x+5y≤150
P = 5000x + 6000y P = 5000x + 6000y
c) 4x+2y≥120 d) 4x+2y≤120
3x+5y≥150 3x+5y≤150 where x≥0 and y are ≥0
P = 5000x + 6000y P = 5000x + 6000y
1.11 What is the maximum profit?
a) Rs 150,000 b) Rs 180,000
c) Rs 207,000 d) Rs 301,000
1.12 How many transformers and switch gears may be produced to maximize profit in a
month having 20 working days?
a) 21 transformers & 17 switchgears b) 17 transformers & 21 switchgears
c) 30 transformers & 30 switchgears d) None of these

2
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
 1.13 How many machine hours will
remain idle during the month in
each department at the
maximum level of profit?
a) No idle b) 2 hours in
machine each
hours in departmen
any t
department
c) 3 hours in d) Data is
each incomplete.
department
1.14 How many total hours are required to complete a transformer?
a) 4 b) 7
c) 3 d) None of these
1.15 Consider the following diagram for question for question 7.47 to 7.48
1.16 what are the relevant constraints for this graph?

a) 3x + 6y ≤ 9.6 b) 3x + 6y ≤ 96
25x + 10y ≤ 400 25x + 10y ≤ 400
50 x + 50 y ≤ 1000 50 x + 50 y ≤ 1000
where x & y> 0
c) 0.3 x + 0.6y ≤ 9.6 d) 0.3 x + 0.6y ≤ 9.6
25x + 10y ≤ 400 25x + 10y ≤ 400
50 x + 50 y ≤ 1000 50 x + 50 y
≤1000;where x & y> 0
1.17 If the objective function is Z = 1500x + 2000y then optimum solution is
a) (0,16) b) (8,12)
c) (14,7) d) (16,0)
Consider the following diagram for question for question 7.49 to 7.50

1.18 what are the relevant constraints for this

graph?
a) x – 3y < 0 b) x – 3y ≤ 0
x + 3y > 150 x + 3y ≥ 150
y < 50 y ≤ 50
x≤150 where x≤150
x, y > 0
c) x – 3y ≥ 0 d) x – 3y < 0
x + 3y ≥ 150 x + 3y > 150

3
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
 y ≤ 50 y < 50
x≤150 where x≤150
x, y > 0
1.19 Identify the point of optimal solution for the function Z = 2x + 5y
a) (0,50) b) (75,25)
c) (150,50) d) (16,2)
Consider the following diagram for question for
question 7.51

1.20 What are the relevant constraints for this graph?

a) x + y ≤ 8 b) x + y  8
2x + y  12 2x + y  12
x + y  10 x + y  10
c) x + y  8 d) x + y  8
2x + y  12 2x + y  12
x + y  10 x + y  10

Data for questions for following 3 questions

A company manufactures two types of stereo systems M and N. Each unit of system M requires
3 worker-hours for process A and 2 worker-hours for process B while each unit of system N
requires 4 worker-hours for process A and 6 worker-hours for process B. Available skilled
labour allows for a maximum of 480 worker-hours per week for process A and 540 worker-hours
per week for process B.
1.21 What is the objective function
a) P=2,000x – 5,000y b) P=2,000x + 5,000y
c) P=5,000x + 2,000y d) None of these
1.22 What are the constraints
a) 3x+2y < 480 b) 3x+2y < 480
4x+6y< 540 where x and y > 0 4x – 6y < 540 where x and y > 0
c) 3x+4y < 480 d) None of these
2x+6y< 540 where x and y > 0

4
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
 1.23 Factors of expression 8 x 2 −2 x y −15y2 are
(a) (2x – 3y) (4x + 5y) (b) (2x – 3y) (4x – 5y)
(c) (2x + 3y) (4x + 5y) (d) (2x + 3y) (4x – 5y)
1.24 Factors of expression 16m2 - (3m + n)2 are
(a) (m – n) (7m –n) (b) (m + n) (7m +n)
(c) (7m – n) (7m + n) (d) (m – n) (7m + n)
1.25 3x2 – 10x – 8 can be factorized as:
(a) (3x – 2) (x + 4) (b) (3x – 4) (x – 2)
(c) (3x + 2) (x – 4) (d) (3x +4) (x – 2)
1.26 Factors of expression y6 – 1 are
(a) (y–1)(y 2 +1+y)(y +1)(y 2 + 1+y) (b) (y–1)(y 2 +1+y)(y +1)(y 2 + 1–y)
(c) (y–1)(y 2 +1+y)(y +1)(y 2 – 1+y) (d) (y–1)(y 2 +1–y)(y +1)(y 2 + 1–y)
1.27 Factors of expression x8 +x4 + 1 are
(a) (x 2 – 1 –x) (x 2 + 1 + x) (x 4 + 1 –x 2 ) (b) (x 2 + 1 –x) (x 2 + 1 –x) (x 4 + 1 –x 2 )
(c) (x 2 + 1 –x) (x 2 + 1 + x) (x 4 + 1 –x 2 ) (d) (x 2 + 1 –x) (x 2 + 1 + x) (x 4 – 1 –x 2 )
1.28 Factors of expression x4 + x3y – x3y2− x2y3 + x2y2−y4 are
(a) (x + y) (x3+ y3 + xy2– x2y2) (b) (x + y) (x3– y3 + xy2– x2y2)
(c) (x + y) (x3– y3– xy2– x2y2) (d) (x – y) (x3– y3 + xy2– x2y2)
1.29 Factors of expression 4a2 + 12a –16are
(a) 4(a–1)(a + 4) (b) (4a–4)(4a + 4)
(c) (4a–1)(a + 4) (d) (4a–4)(a – 4)
1.30 Factors of expression 9x2 + 48x –17 are
(a) (3x – 1) (x + 17) (b) (3x – 1) (3x – 17)
(c) (3x + 1) (3x + 17) (d) (3x – 1) (3x + 17)
15 2
1.31 Factors of expression 16x2 + 2xy – y are
16
(a) 16(16x – 3y) (16x + 5y) (b) 1/16(16x – 3y) (16x + 5y)
(c) 16(16x + 3y) (16x + 5y) (d) 1/16(16x – 3y) (16x – 5y)
1.32 Factors of expression 7y2 – 63 are
(a) 7 ( y + 3) (y – 3) (b) 7 (y2+ 9)
(c) 7 (y2– 9) (d) (7y + 3) (y – 3)
1.33 Factors of expression 6x2 + 5x – 21 are
(a) (2x+2) (3x+7) (b) (2x–3) (3x+7)
(c) (2x–7) (7x+3) (d) (2x– 3) (3x –7)

5
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
 1.34 Factors of expression x3 + y3 – 1 + 3xy
a) (x - y –1) (x22 y2 + 1 +xy - x + y) b) (x + y –1) (x2+ y2 + 1 – xy + x + y)
d) (x + y –1) (x + y + 1 – xy + x + y)
2 2 2 2
c) (x - y +1) (2x + y + 1 -xy + x + y)

1.35 Factors of expression x4 + 64

a) (x2 + 8 + 4x) (x2 + 8 + 4x) b) (x2 - 8 – 4x) (x2 - 8 + 4x)
c) (x2 + 8 – 4x) (x2 + 8 + 4x) d) (x2 - 8 – 4x) (x2 + 8 + 4x)
1.36 Factors of expression 2 + 54a3
a) 2 ((1 + 3a) (1 - 9a2 + 3a)) b) 2 ((1 - 3a) (1 - 9a2 – 3a))
c) 2 ((1 - 3a) (1 + 9a2 – 3a)) d) 2 ((1 + 3a) (1 + 9a2 – 3a))
1.37 Factors of expression 80x2 – 45y2
a) 5 (4x + 5y) (4x - 3y) b) 5 (4x + 3y) (x + 3y)
c) 5 (4x – 3y) (4x + 3y) d) 5 (3x – 7y) (2x + 3y)
1.38 Factors of expression a4 − 7a2 + 1
a) (a2 + 1 + 3a) (a2 + 1 + 3a) b) (a2 + 1 3 - 3a) (a2 - 1 – 3a)
c) (a2 + 1 3 + a) (a2 + 1 – 3a) d) (a2 + 1+ 3a) (a2 + 1 – 3a)
1.39 Factors of expression xy (a2 + b2) −ab (x2 + y2)
a) (ax-by)(ay+bx) b) (ax+by)(ay-bx)
c) (ax-by)(bx-ay) d) (ax-by)(ay-bx)
1.40 Factors of expression x4 + x2 + 1
a) (x2 - x + 1) (x2–x + 1) b) (x2 + x + 1) (x2–x + 1)
c) (x2 - x -1) (x2–x + 1) d) (x2 + 2x + 1) (3x2+x + 1)
1.41 Factors of expression 25a4−49a2 b2 + 16b4
a) (5a2– 4b2– 3ab)(5a2– 4b2 + 3ab) b) (5a2– 4b2– 3ab)(5a2– 3b2 + 4ab)
c) (5a2– 4b2–ab)(2a2– 4b2 + 3ab) d) (5a2– 4b2– 3ab)(5a2– 4b2 - 3ab)

1.42 Simplify the expression 2 x 2 2 x  12

2

2 x  18
x2 x2
a) b)
x3  x3
x2 x3
c) d)
x3 x2
1.43 Factors of expression ( 1 6 –x 2 ) ( 4 –y) 2 – ( 4 –x ) 2 (16 –y2)
a) 8(x-y)(4-x)(y-4) b) 8(x-y)(4-x)(4-y)
c) 8(x+y)(4+x)(4-y) d) 8(x+y)(x+y)(4-y)
1.44 Factors of expression x 2 − 4x – 21
a) (x + 7)(x-3) b) (x - 3)(x-7)
c) (x + 3)(x-7) d) (x + 3)(x+7)
6
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
 1.45 Factors of expression x4 + 64
a) (x2 - 4x - 8) (x2 -4x - 8) b) (x2 + 4x + 8) (x2 -4x + 8)
c) (x2 + 4x + 8) (x2 +4x + 8) d) (x2 - 4x + 16) (x2 -4x + 8)
1.46 Factors of expression 4x4 + 81y4
a) (2x2 + 9y2 + 6xy) (2x2 + 9y2 - 6xy) b) (2x2 + 9y2 + 6xy) (2x2 - 9y2 - 6xy)
c) (2x2 - 9y2 + 6xy) (2x2 + 9y2 - 6xy) d) (2x2 + 9y2 - 6xy) (2x2 + 9y2 - 6xy)
1.47 Factors of expression ax2 – ay2+ bx2 – by2
a) (x-y) (x+y) (a-b) b) (x-y) (x+y) (a+b)
c) (x+y) (x+y) (a+b) d) (x-y) (x-y) (a+b)
1.48 Factors of expression 16x4+4x2y2 + y4
a) (4x2+y2 - 2xy ) (4x2+y2 - 2xy ) b) (4x2-y2 - 2xy ) (4x2+y2 - 4xy )
c) (4x2+y2 - 4xy ) (4x2+y2 - 2xy ) d) (4x2+y2 + 2xy ) (4x2+y2 - 2xy )
1.49 x  5x  6 x is equal to:
4 3 2

a) x 2 ( x  3)( x  2) b) x( x 2  3)( x  2)
c) x 2 ( x  3)( x  2) d) x( x  3)( x 2  2)
1.50 Factorize the following expression to its simplest form:
x 4  22 x 2 y 2  9 y 4

a) ( x 2  3 y 2  4 xy )( x 2  3 y 2  4 xy ) b) ( x 2  3 y 2  4 xy )( x 2  3 y 2  4 xy )
c) ( x 2  3 y 2  4 xy )( x 2  3 y 2  4 xy ) d) None of these

1.51 The expression x  7 x  16 can be factorized as:

4 2

a) ( x 2  x  1)( x 2  x  16) b) ( x 2  x  1)( x 2  x  16)

c) ( x 2  x  4)( x 2  x  4) d) ( x 2  x  4)( x 2  x  4)
1.52 Factorize f(x) by completing the square where: f(x) = x4 – 2x2y2 – 8y4
Find the possible value of x, where f(x) = 0 and y = 5
4 2 2 4
Answer  x  2 x y  8 y

 x 4  2x 2 y 2  y 4  9 y 4

 ( x 2 ) 2  2( x 2 )( y 2 )  ( y 2 ) 2  9 y 4
 ( x 2  y 2 ) 2  (3 y 2 ) 2
 ( x 2  y 2  3 y 2 )( x 2  y 2  3 y 2 )
 ( x 2  2 y 2 )( x 2  4 y 2 )

Now use f(x) = 0 and y = 5 in above equation.

7
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
 ( x 2  2(5) 2 )( x 2  4(5) 2 )  0
( x 2  50)( x 2  100)  0
2
Either ( x  50)  0 or ( x 2  100)  0

x   50 or x  100
X = impossible or x =  10

1.53 Find the value of x:

( x  3) 8 ( x  2)
 
( x  2) 3 ( x  1)

a) {1/4, ½} b) {13/4, 1/3}

c) {13/4, ½} d) None of these
1.54 Find the value of x:
e2 x  1  0
a) Impossible to solve b) 0
c) 1 d) None of these
1.55 A customer paid Rs. 800 for shampoo, hair conditioner and hair spray. The conditioner
costs twice as much as the shampoo, and the hair spray costs Rs. 100 less than the
shampoo. How much did each item cost?
a) Rs 225, Rs 450,Rs 105 b) Rs 225, Rs 400,Rs 125
c) Rs 225, Rs 450,Rs 125 d) None of these
1.56 An airline wishes to purchase the following aircrafts to meet an estimated demand for
2000seats:
Company Aircraft Price of each($ million) Seating capacity
Boeing 747 150 400
Boeing 777 115 300
Airbus A 320 60 200
The airline wishes to buy equal number of 747s and 777s. How many should it order to meet the
demand for seats within a purchasing budget of $ 710 million?
a) 2, 2, 3 b) 3, 3, 4
c) 1, 1, 2 d) None of these
1.57 The number of color TV sets sold by a firm was three times the combined sale of CD
player and radios. If the sales included 72 T.V sets and 8 radios, how many C D players
were sold.
a) 16 b) 48
c) 24 d) 32

8
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
 1.58 Given that (x-8) (x-3) = 2+2x, what are the roots of the equation?
a) 11 or 2 b) 6.5 or 4.5
c) 11 or –2 d) 6.5 or – 4.5
1.59 lf e4x = 7 & ln 7 = 1.95. Find x
a) x= 0.4875 b) x= 0.4895
c) x= 0.4555 d) x= 0.4775
1.60 Solve the following exponential function; (25)x+2 = (5)3x-4
a) x = 9 b) x = 7
c) x = 1 d) x = 8
1
x
 (12) x  2
1.61 Find “x” in the given equation 3
a) -1.3779 b) 1.3269
c) -1.3169 d) -1.3869
2 x 1
1.62 Find the value of x where 3  62x
a) x = - 0.9723 b) x = - 1.2923
c) x = - 0.8923 d) x = - 0.7923
+
1.63 If = √ , then find the value of y.
a) y = 3 b) y = 2
c) y = 7 d) y = 1
1.64 If logxy = 0.9 and logx/y =0.5, find the following, without using a calculator/table:
(i) Log x2
(ii) log Y
Answer
Using properties of logarithm
Log xy = log x + log y = 0.9.....(i)
Log x/y = log x - log y = 0.5.....(ii)
(i) Adding both the equations
2 log x = 1.4
2
or log x = 1.4
(ii) Subtracting (ii) from (i)
2 log y = 0.4
Dividing both sides by 4
1 1 1
2 
4 Log y = 4 0.4 or 2 log y = 0.1

Log
y =0.1

65. Co –efficient of rank of correlation ? {x= 80,35,25,12,7, y= 12,14,17,22,36}

a.) 80 b.) -80 c.) -12 d. None of these

9
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
66. Amount= Rs 2500, Interest=8%, find perpetuity.?
a. 31,250 b.) 32,150 c.)Indefinite d.) 26,800
67. Y= logex find derivative?
a. log1/x b.)x c.) ex d.)1/x
68. log x/x2 Find derivative ?
a. -1/x b. 1/2x c. 1/x d.-1/2x
69. f(x) = log ax Find f’’(x) ?
a. loga b. 0 c. 1/ax d. None
70. There are seven balls in a box red 2, green 2, blue 3; two balls are drawn, what is the probability
that none is blue?
a. 6/21 b. 3/21 c. 7/21 d. None
71. The word is “BINOMIAL ” in how many ways word can be written from these alphabets?
a. 20,160 b. 21,600 c. 1800 d.26,230
72. If dice is rolled five times. What is the probability that exactly 2 “Even” appears?
a. 26.17% b. 17.26% c. 35.17% d. 31.25 %
73.. Find 1!
a. 1 b.0 c. Not Possible d. (0)
74. . Roses= 3 ,Tulips= 5,Jasmine= 6 Selected=5 ; what is probability of 2 Roses, 2 tulips, 1 Jasmine ?
a. 0.0899 b.8.0891 c. 0.0988 d. 0.0325
75. Laspayer’s index number ?

2002 price 2000 price 2000 quantity

123 112 50
244 220 40
301 290 35

a. 107.71 b. 104.31 c. 105.62 d. 106.52

76. If 3x+7y= 5 x-z= 15 x+3z =2
find value of Dx and Dz ?
a. 47, 121 b. 91, 47 c. 121, 91 d. 47,91
77. Find regression equations and tell which is best from a and b category to regression equation .which
one is best from c and d according to regression equation
Police number of Aay Bee Cee Dee

10
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
crimes
190 180 250 200
145 160 130 125
a. Aay and Bee b. Bee and Dee c. Aay and Dee d. Cee and Dee
78. In a G.P a5=24 ,a13=39,936, a10=?
a. 2411.40 b. 32,365 c. 13,375 d. 17,480

79. [ ] find co factor of a11,a12 and a13 ?

a. -12 ,-15, -18 b. 12, 15 18 c. 12,-15,-18 d. none of these

80. From the word “BINOMIAL”, find permutations that how many word can be made with no vowel
together?
a. 480 b.620 c.750 d.576
81. If the sample size decreases from 75 to 40 the standard error would be ???
a. Increase by 36.78% b. increase by 46.17% c. Increase by 32.81% d. Increase by 29.73%
82. 16/x +4x =y
a. maxima is 2 b. minima is 2 c. point of inflection is 2 d. None of these
83. find ∑f and median?

Stem Leaf
2 3,4,6
3 7,8,9,9
4 7,6,5,5,5,2,2,6,6,9
5 7,7,8,9,9
6 1,2,3,6

a. 27,46 b. 27,39 c. 39,37.5 d. 46,27

84. ∑x=1,239 ,∑y=79,∑xy=17,233,∑x2=568,925 ,∑y2 =293 n=100 find ‘y on x’ and ‘x on y’ and their
point of intersection?
a. 12.38 ,0.78 b. 7.8 ,1.38 c. 9.38,0.98 d. None
85. Find adjoint .

1 7 6 
A  8 9 1
2 3 4

11
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
  11 / 47 10 / 141  1 / 3  11 / 47 10 / 141 1 / 3 

a. 10 / 47 8 / 141  1 / 3 
b. 10 / 47 8 / 141  1 / 3
 
  2 / 47 11 / 141 1 / 3    2 / 47  11 / 141 1 / 3 

 11 / 47 10 / 141 1 / 3   11 / 47 10 / 141 1 / 3

c. 10 / 47  8 / 141  1 / 3 
d. 10 / 47 8 / 141 1 / 3
 
 2 / 47  11 / 141 1 / 3    2 / 47  11 / 141 1 / 3

86.. From following information given, find correlation of regression .

X 3 5 8 11 9
Y 1 0 4 0 1
a. r=0.018 b. r= 0.082 c. r= 0.038 d. r= none of these
87 Factorize ; 4x4+81y4
a. (2x2+9y2)(2x2-9y2) b. (-2x2+9y2)(-2x2-9y2) c. (-2x2+9y2)(2x2-9y2) d. none

88. find value of x ; 9 2 x 3  5 3

a. 17/24 b. 31/20 c. 8/17 d. None
89. Cost function = 40Q+50,000; marginal revenue=20-0.02Q; find quantity at max profit ?
a. 1500 b. 4,000 c. 3000 d.6,500
90. There are total 25 keyboards out of which 3 are defective. A sample of 5 is selected, what is the
probability that exactly 2 are defective?
a. 0.5632 b. 0.7386 c. 0.1256 d. 0.2145
91. Suppose an amount of Rs. X is invested and he receives Four times of x interest rate is 10%
compounded annually. How long it requires to be invested?
a. 14 years 6 month b. 11 year 6 month c. 12 year 3 month d. none
92.Y= -4e-3x find dy/dx ?
a. 8e-2x b. -12e-3x c. 12e-2x d. 4e2x
93.Arithmetic progression a1= ? , a3=x+7 ,a7=x+49
a. x+14 b. x-14 c. x+3 d.x-11
94. Rizwan borrows Rs.500,000 from his friend Qasid for the period of seven year and qasid receives
896,793Rs. If interest rate was 10% for the last four year find the interest rate of first 3 years?
a. 8% b. 12% c. 7% d. 5%
95. IF VC IS 75,000 oer unit than TC = ?
a. 75,000x b. TC will also 75000 c. 75,000x + FC d. None of these

12
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
96. A Manufacturer produce two products P and Q which must pass through the same processes in
department A and B having weekly production capacities of 240 hours and 100 hours respectively .
product p needs 4 hours in department A and 2 hours in department B .product Q requires 3 hours and 1
hours respectively in department A and B. Profit yield for product P is Rs 700 and Q is Rs 500. The
manufacturer wants to maximize the profit with the given set of inequalities.
The objective function and all the constraints are:
a. Z=700x+500y c. Z=700X+500Y
2x+3y≤240, 4x+3Y ≤240
X,y≥0 x,y≥0
b. Z=700x+500Y
4x+3y ≤240
2x+y≤100 d. none of these
97. if a dice roll 36 times the following observations recorded, Find the value of chi square

Face value of dice Observed Frequencies

1 8
2 6
3 10
4 5
5 4

a. 5.67 b. 4.17 c. 0.58 d. 73.78

98. co efficient of determination
a. Range from 0 to +1 b. square of “r”
c. Range from 0 to -1 d. explain the contribution of independent in dependent
99. [AB]t=?
a. AtBt b. BtAt c. both d. none
100. Find slope of x, and intercept of x. 2x-y-9 =0
a. 0.5, 4.5 b. 2, 4.5 c. 0.5, 9 d. 2, 9
101 . 21,22,21,22,27,22,28,27,27,28,28,28 Find Mode
a. 28 b. 27 c. 21 d. 21
102 80% people use UPS ;50% use generator ;20% use both ;find the prabability that people don’t
use both.
a. 10% b. 80% c. 30% d. none of these

13
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
103 Asim and Ali Co offers a bond of Rs. 200,000 for five years. the Company will pay Rs 300,000 at
maturity date, interest rate is 8% , wheather this is feasible for the company?
a. Yes b. No c. on Break even d. None of these
104 . A Mother wants Rs 300,000 from now & Rs 500,000 after five years from now saperatly. if
interest rate is 12% compounded quarterly , what would be the amount of installment to be deposited by
her at the start of 1st , 8th and 13th Quarter?
a. 38588.80, 38588.80, 18065.80 b. 38588.80, 38588.80, 18065.80
c. 38588.80, 38588.80, 18065.80 d. 38588.80, 38588.80, 18065.80
105 . A comitte is to be made of 4 members from a total of 13 people of which 5 from Punjab , 2 from
Baluchistan , 4 from Sindh and 2 from KPK what is the probability that committee contain none from
punjab?
a. 6.8% b. 0.7 % c. 9.8% d.None of these
106 . If present value of a unpaid bill of Rs.650,000 reaches to 1,060,000 in 6 years, and interest rate
in last four year charged at the rate of 10% compounded annually. So what interest should charged in first
2 years compounded annually?
a. 8.6 % b. 7.0 % c. 5.4 % d. 6.4 %
107 . Find the Equation of the line which passes through the intersection of 5x+2y=44 & 3x-y=22,
and perpendicular to 9x+y-5=0
a. 9x-y-10=0 b. 9y-x-10=0 c. 9y-x = -10 d.x=-10+9y

108. The profit matrix of X ltd. at its two outlets for A & B products. 2005 (in thousands) [ ] , if
Profits were increasing at rate of 10% since 2001 to 2010. Find profit matrix of 2009 and 2004

a. [ ],[ ]
. .

b. [ ],[ ]

c. [ ],[ ]
. .
d. 𝑁 ℎ
109 . If Variances of X & Y are 16 and 25. And X has 49% influence in the variation of Y then find
out the slope of “X”
a. 0.87 b. 1.56 c. 0.56 d. 0.82
110. consider the following box plot: 13 110
56 80
If the distribution is consider to be normally distributed with s.d 10. What is the probability of at least 49.
a. 25.80% b. 38.29% c. 88.56% d. 75.80%

14
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
111 A production process consists of consumption of the following material in Kg’s:
49, 50, 38, 60, 75 of materials A, B, C, D. E respectively. How many angle difference between C
& D in pie chart?
a. 25.12% b. 29.12% C.38.15 d. none of these
112. A sample of 50 DVD has a population mean is 720. The sample mean is 700, find the s.d if level of
significance is 1%.
a. +54.92 b. -54.92 c. both d. None of these
113 [ 1 ] is a matrix of: (Find best possible answer)
a. Row matrix of order 1X1 b. Colum matrix of order 1X1
c. Identity matrix of order 1X1 d. Square matrix of order 1X1
114 You need to buy some filing cabinets. You know that Cabinet X costs 10 per unit, requires six
square feet of floor space, and holds eight cubic feet of files. Cabinet Y costs 20 per unit, requires eight
square feet of floor space, and holds twelve cubic feet of files. You have been given 140 for this purchase,
though you don't have to spend that much. The office has room for no more than 72 square feet of
cabinets. How many of which model should you buy, in order to maximize storage volume?
a. 5 of X and 6 of Y b. 8 of X and 3 of Y
c. 3 of X and 8 of Y d. None of these

115. If A = [ − ] then |A| = ?

a. 6 b. -6 c. - 9 d. 9
116. Which of the following is not true of the normal distribution?
a. the measures of central tendency (mean, mode, and median) are equal in value
b. the curve approaches the x-axis gradually on either side of the mean
c. the curve is bell-shaped
d. the curve is asymmetrical

117 . The area under the normal curve between μ- 3.5σ and μ+ 1.0σ is

a. 0.3413 b. 0.5 c. 0.8411 d. 0.8477

118. The quantity which expresses the standard deviation as a percentage of mean is Called:

a. Z-score b. Co-efficient of variation c. Co-efficient of dispersion d. None of these

119. If Rs.200,000 is to grow to Rs.649,464 in ten years period, at what annual interest rate must it be
invested, what is the effective rate of interest is compounded semi-annually?
a. 12.5% b. 25% c. 26.56% d. 23.85%
120 A shopkeeper sold goods worth Rs.3.0 million during 2008. If he is able to increase his sale by
15% annually, what will be the sales in year 2024?

15
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
a 25 million b. about 28 million c. less than 30 million d. more than 28
million

121. A company is considering whether to invest in a new item of equipment costing Rs.45,000 to
make a new product. The product would have a four-year life, and the estimated cash profits over the
four-year period are as follows.

Year Rs.
1 17,000
2 25,000
3 16,000
4 4,000

The project would also need an investment in working capital of Rs.8,000, from the beginning of Year 1.
The company uses a discount rate of 11% to evaluate its investments Using the NPV you have calculated
at 11%, and the NPV at a discount rate of 15%, estimate the internal rate of return (IRR) of
the project.
a. 16.5% b.12.5% c. 8.03% d. 8.93%
122.level of significance is also refers as
a. probability of Type I error b. Probability of type II Error
c. Probability of acceptance area d. probability of other than rejection area

123. If A= [ ] and B= [ ] , then AB=?

a. [ ]

b. [ ]

c. [ ]

d. None of these
124 . In positive skewed distribution, the Median is ____ than Mean
a. Less b. More c. Equal d. None of these
125 . If the Fisher index is 10% more than the Laspeyre’s index and base year index is 109.5, find
Paashe’s index.
a. 115.6 b. 96.5 c. 100.51 d. 132.5
126. Binomial distribution does not carry the characteristics

16
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
a. trails are dependent
b. fixed number of trails.
c. Probability will remain same in all trails
d. probability can be distributed in success or failure
127 . “Recent bomb blasts in capital cities will decrease 10% votes of PMLN”
The above statement expresses
a. null hypothesis b. inferential statistics. c. hypothesis testing d. None of these
128. which distribution is more accurate while testing the difference of proportions in larger samples
a. z-test b. students distribution c. chi-square d. probability distribution
129. A business researcher wanted to evaluate the eating habits of England residents from a rural site,
such mothers which have less than 3 babies. The sampling used for this purpose is called
a. stratified b. cluster c. systematic d. multi-stage.
130. “the machine is working properly with the same average output level as given is last year”
The above statement represents:
a. statistical hypotheses b. null hypothesis c. alternate hypothesis d. b or c
131. x+2y+3=0 , which statement is wrong about this equation
a. this equation is representing the relationship between X and Y b. slope of y is -0.5
c. Intercept of X is 3 d. None of these

132. 9x-3.17= √ Find value of x:

a. 4 b. -4 c, 4.5 d. 6.5
133. True about ogive diagram.
a. cumulative frequency polygon b. we can calculate mean from it
c. it can be in three types. d. none of these
134. the sums of deviations taken from 10, 20, 30 and 40 are -56, -20, 0 and 60 respectively. If
distribution is treated as normal or symmetric, what is mode of the distribution?
a. 20.5 b. 30.0 c. 15.5 d. more than 30.0
135 There are 12 racers in the race. All racers have same probability of winning if three
players are chosen at random, find the probability that all will win
a) b)
c) d)
136. There are total 25 eggs in a bag out of which 3 are defective, if two are randomly chosen find the
probability that both are defective
17
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
 a) 1/100 b) 10/100
c) 10% d) None of these
137. Factorize 4 x 4  9 y 4

a) b)
c) d)
138. Ten years ago the age of a father was four times of his son. Ten years hence the age of the father
will be twice that of his son. The present ages of the father and the son are:
a) (50,20) b) (60,20)
c) (55,25) d) None of these
You are given the following data
Light smoker Smoker
Men 50 200
Women 60 10
139. Find the probability that a person selected is man or light smoker
a) 31/32 b) 27/32
c) 1/32 d) None
140. Find the probability that a person selected is woman or light smoker
a) 3/8 b) 5/8
c) 1/7 d) 2/7
141. Find the probability that a person selected is a smoker man
a) 5/8 b) 1/8
c) 3/8 d) 2/8
142. If a man is selected Find the probability that he is a smoker
a) 4/5 b) 2/5
c) 1/5 d) 3/5
143. Two equations are given
3x  2 y  8
2x  3 y  7
x 
 mn 
There is another relation    A 1  
 y  
3 5
Find the value of” m” and” n” if A 1   
1 2
−
144. Find dy/dx of the following function Y=
√ +

a) b) c) d)

145. Which line represent fixed cost

18
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
 a) b)

c) d) None

146. Which the of the following is used to represent grouped frequency distribution
a) Pie char b) Histogram c) Simple Bar char d) All of
these
147. What is true about mean?
a) Mean is usually a data value
b) Mean is unaffected by extreme values
c) Mean is best average to describe data
d) All of these
+ −
148. = = Find x and y
𝑦+ 𝑦−
149. Find harmonic mean of 78, 79, 80
a) 79.99 b) 79.01 c) 78.99 d) 78.23
150. Find x from the following equation log(1/ex) = loge3x+4
a) 1 b) -1 c) e d) 0
151. A T.V channel conducted a poll regarding construction of dams in Pakistan. 75% people was in
support of construction. 15% were against and 10% were undecided. A sample of 10 person is
taken. What is the probability that atleast a will support the construction.
a) 0.3413 b) 0.2440 c) 0.3515 d) 0.75
152. A and B are two mutualy exclusive events and P(A) = 0.4 and P(B) 0.3 Find P(AUB)
a) 0.58 b) 0.70 c) 0.4 d) 0.3
153. There are 25 phones in an exchange room of which 3 are defective. A sample of 5 phones is
selected. Find the probability that exactly 2 are defective:
a) 2/23 b) 2/25 c) 2/22 d) None
154 Suppose an amount of Rs. X is invested in a bank @10% compounded annually rate. How long
would it be invested?
a) 10.5 years b) 11.52 years c) 13.2 years d) None
155. Two companies made in different investments in different projects:
Year 1 2 3 4
Company A 80,000 90,000 100,000 -
Company B 85,000 90,000 75,000 95,000

a) b) c) d)

156. A person deposited Rs. 600,000 in a bank@9% simple interest for 3 years and 3 months.
Calculate the amount of money he received at the end of period:
a) 793,939.425 b) c) 775,500d)

157. A survey is made in Karachi on 100,000 people regarding the daily consumption level of water:
a) 100,000 people is sample and Karachi city is population
19
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
158. y = logax find dy/dx
a) ax b) ax c) ax d) none
ax axlog10 axln10

159. Find log(-10)

a) 0 b) -1 c) 1 d) not possible

160. Find value of log + log

a) -1.33 b) -1 c) d)
161. Following data is given:
2,10,15,25,18,3.5,16,45,50,25,45,40,.2,40,3,42,45,13,17,18,25,15,22,23,25,39,8,12,25,16,18,40,3
2,3.5,33,36,29,26,22.
Find mean and madian
a) b) c) d)
162. Ali and company bought a bond of Rs. 200,000 five year age. The company received Rs. 300,000
at matusity., If interest rate us 85, whether the company is in profit?
a) yes b) no c) Data insufficient d None
163. A mother wants 300,000 after three years from now Rs. 500,000 after 5 years from now. If
interest rate is 12% comp. Quarterly, what would be first instalment to be deposited by her at the
start of the quarter.
a) 30,589 b) c) d)
164. There are 2 red balls, 2 green and 3 blue balls in a bag. It two balls are drawn at random. What is
the probability that none is blue?
a) 0.2857 b) c) d)

165. A committee is to be made of 4 members from a total of 13 people of which 5 from Punjab. 4
from Sindh, 2 from KPK and 2 from Baluchistan. What is the probability that none Punjab.
a) b) c) d)
166. In how many ways word BINOMIAL can be written.

a) 40320 b) 20160 c) 1440 d) None

167. In how many way word BINOMIAL can be written if words are together:

a) 2880 b) 1440 c) 20160 d) None

√
168. +
find
a) b) c) d)
169. x2 – 7x + 12 = 0 find value of x.

a) 3 and 4 b) 2 and 5 c) 4 and 3 d) None

−
170. A=[ ] find adjoint of A:

−
a) [ ] b) [ ] c) [ ] d) None
− − −

20
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
171. A sample size is reduced from 75 to 40, standard error word:
a) Decrease b) increase c) Remain same d) None
172. Ali borrowed Rs. 1,500,000 on first year he returned Rs. 80,000 and then he increase his
instalment by 1.5 times of the previous instalment every year.
In how many year he will be able to return the loan?
a) 9 years b) 8 years c) 10 years d) None

173. A dice is rolled 5 times. What is the probability that exactly 2 “fours” appear
a) 0.1125 b) 0.1608 c) 0.1305 d) 0.2315

174. If P.V of a bill of Rs. 500,000 reaches to 860,000 in 7 years, and interest rate charged in last 4
years is 10% compounded annually that what interest rate was charged in first 3 years,
compounded annually
a) 5.52% b) 5.12% c) 6.25% d) 10%

175. Median = 49.67 Q3 = 60 Q1 = 39. What will be the shape of distribution

a) symmetric b) positively showed
c) negatively showed d) None

176. Factorize 4x4 + 81y4

a) (2x2 - 9y2 + 6xy) (2x2+9y2 - 6xy) b) (2x2 - 9y2 + 6xy) (2x2+9y2 +
6xy)
c) (2x2 - 9y2 + 6xy) (2x2+9y2 - 6xy) d) None

177. Find the value of x in equation 92x-3 = √

a) 1.26 b) 1.35 c) 1.25 d) 1.55

178. Find Eular number (Napier number)

a) 1.2323 b) 2.718281 c) 0.526 d) 10

179. Find 01
a) 0 b) 1 c) 10 d)

180. Factorize y=3x2-9x+6

a) 2 and 1 b) (3x-3)(x-2) c) both d) none

181. Find spaceman’s rank correlation between two innings from the data given below:
Batsman A B C D E F G
Innings 1 29 32 45 19 65 0 7
Innings 2 30 36 62 25 20 6 3

a) -0.61 b) 0.61 c) 0.55 d) -0.55

182. A=[ ] Find Matrix of Minors

21
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
 −
a) [ ] b) [− − ]
−
−
c) [− − ] d) Impossible
−
+
183. y= +
find derivative
√
a) b) c) d)

184. There are 14 flowers in a bouqet 3 are Roses, 5 Tulips and 6 Jasmine. If 5 flowers are selected
find the probability that 2 roses, 2 Tulips and Jasmine are selected.
a) ⁄ b) c) ⁄ d) none
185. Cost function = 20Q + 50,000 MR = 4.0-0.02Q]
Find maximu profit in Rs.
a) b) c) d)

186. ∑(x-x̅) (y - y̅) = 13 s =2 s = 5.2r = 0.8 n=??

a) 3 b) 4 c) 5 d) 6

187. A person has monthly income of Rs. 1000 and his income increase by Rs. 50 of the previous
month income. On which team his total salary will become 100,000.

a) 46th team b) 47th team

c) 80th team d) 85th team

188. Find of following function y = logex

a) b) ex c) d) e
ln

189. What is true about Histogram?

a) Set of sectangles b) Heights are proportionate to frequency
c) Both A and B b) None of these

190. Degree of freedom exist in

a) t-test b) Goodness
c) Both A and B b) None of these

191. A=[ ] B=[ ] find AB

a) [ ] b) [ ] c) [ ] b) Impossible

192. T-test depends on which of the following:

22
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
 a) Population size b) Sample size
c) Population variance b) Population standard deviation

193. If two variables are independent then correlation will be:

a) 0 b) 1 c) -1 d) Perfect

194. What will be the effect of change in sample size from 75 to 40 in standard error.

a) increased by 10.5% b) decreased by 36.93%

c) increased by 36.93% d) decreased by 38.12%

195. A significance level of 0.01 means that?

a) 1% level of increasing rejection of null Hypothesis

b) 1% probability of incorrectly acceptance of null Hypothesis
c) 99% confidence that null Hypothesis is false
d) None of these

196. In how many ways word “CORRECT” can be arranged:

a) 5040 b) 2520 c) 1260 d) None

197. In a bakery store there are 3 cakes of pineapple; 4 cakes of chocolate and 2 cakes of strawberry
and 1 is without cream. 2 cakes are purchased by a customer. Find the probability that both are
chocolate cakes.

a) 2/10 b) 2/15 c) 3/15 d) 4/10

-ax
198. y = e Find
a) -ae-ax b) -ae-x c) -aex d) None
199. 3x+2y-15=0, which of the following is true about the equation
a) slope = 1.5 b) Degree of equation is 1 c) Both d) None
200. What are the qualities of perpetuity?
a) used to find purchase price of share
b) used to find value of maintenance fund
c) Used to find initial deposit required for pension scheme
d) All of these
201. Which of the following is the properly of bell-shaped distribution?
a) Asymptotic b) unimodal c) symmctrical d) All of these
202. In a cinema there are 1200 tickets are sold if ticket price is 15. If price of ticket is increased by
Rs.5 then tickets sold will fall down by 20.
What is demand function?
a) P(x) = -4x+1260 b) P(x) = 4x+1260
c) P(x) = 4x-1260 d) None
203. If x = 0.05 what will be the value of z from table in a two tail test
a) 2.33 b) 1.645 c) 1.96 d) 2.58
204. If bxy = 1.44 r = 0.6 fixed byx = ?
a) 0.11 b) 0.15 c) 0.25 d) 0.30

23
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
205. A notes have face value of Rs. 90,000@8% compounded quarterly it will matutre at 9.5 years,
calculate amount of interest.
a) 56,114.9 b) 48,925.3 c) 12,345.2 d) None
−
206. Find dy/dx of the following function Y=
√ +

a) b) c) d)
207. Which line represent fixed cost

a) b)

c) d) None

208. Which the of the following is used to represent grouped frequency distribution
a) Pie char b) Histogram c) Simple Bar char d) All of
these
209. What is true about mean?
a) Mean is usually a data value
b) Mean is unaffected by extreme values
c) Mean is best average to describe data
d) All of these
+ −
210. = = Find x and y
𝑦+ 𝑦−
211. Find harmonic mean of 78, 79, 80
a) 79.99 b) 79.01 c) 78.99 d) 78.23
x x+4
212. Find x from the following equation log(1/e ) = loge3
a) 1 b) -1 c) e d) 0
213. A T.V channel conducted a poll regarding construction of dams in Pakistan. 75% people was in
support of construction. 15% were against and 10% were undecided. A sample of 10 person is
taken. What is the probability that atleast a will support the construction.
a) 0.3413 b) 0.2440 c) 0.3515 d) 0.75
214. A and B are two mutualy exclusive events and P(A) = 0.4 and P(B) 0.3 Find P(AUB)
a) 0.58 b) 0.70 c) 0.4 d) 0.3
215. There are 25 phones in an exchange room of which 3 are defective. A sample of 5 phones is
selected. Find the probability that exactly 2 are defective:
a) 2/23 b) 2/25 c) 2/22 d) None
216. Suppose an amount of Rs. X is invested in a bank @10% compounded annually rate. How long
would it be invested?
a) 10.5 years b) 11.52 years c) 13.2 years d) None
217. Two companies made in different investments in different projects:
Year 1 2 3 4
Company A 80,000 90,000 100,000 -
Company B 85,000 90,000 75,000 95,000
a) b) c) d)

24
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
218. A person deposited Rs. 600,000 in a bank@9% simple interest for 3 years and 3 months.
Calculate the amount of money he received at the end of period:
a) 793,939.425 b) c) 775,500d)
219. A survey is made in Karachi on 100,000 people regarding the daily consumption level of water:
a) 100,000 people is sample and Karachi city is population
220 A pharmaceutical company has developed a formula to prepare a herbal medicine. The medicine
can be produced by using either product X or product Y or a combination of both. From each
milligram (mg) of X it can extract one unit of iron and two units of calcium and from each mg of
Y it can extract one unit of iron and one unit of calcium. Each tablet of the medicine is required to
contain:
5 to 7 units of iron
8 to 10 units of calcium
The cost of X is Rs. 6 per mg whereas Y costs Rs. 4 per mg.
You are required to how many mg of each product should be used to produce the tablets at the lowest
cost?
A. (3, 2) B (5, 0) C. (3, 4) D. None of these
222. The following data represents the average monthly take-home salary of the employees of an
organization:
Year 2005 2006 2007 2008
Pay (Rs.) 12,350 13,500 14,800 16,500
Price Index 110.1 122.3 137.6 160.2
Compute the real wages for the year 2005.
A. 11,038.43 B. 11,217.08 C 10,755.81 D None of these
223. The following data represents the average monthly take-home salary of the employees of an
organization:
Year 2005 2006 2007 2008
Pay (Rs.) 12,350 13,500 14,800 16,500
Price Index 110.1 122.3 137.6 160.2
Compute the amount of pay needed in 2008 to provide buying power equal to that enjoyed in 2006.
A. Rs.17,683.57 B. Rs.16,387.42 C. Rs.19,264.27 D.None of these
224. A computer operator calculated the correlation coefficient from 7 pairs (x, y) and obtained the
following sums:
∑ = , ∑ = , ∑ = , ∑ = , ∑ = ,
It was later discovered at the time of checking that he had copied down two pairs as (70, 72) and
(71, 69) while the correct pairs were (60, 70) and (70, 65). Obtain correct value of correlation
coefficient. (02)
B. r = -0.24 b. r = 0.32 c. r = -0.52 d. None of these
Following data is relevant for 6 questions
A sociologist was researching the question. Is there any relationship between the level
of education and social activities of an individual? She decided on three level of
education attended or completed university, attended Off completed college, and
attended or completed secondary school or less. Each individual kept a record of his or
her social activities. The sociologist divided them into above-average frequency,
average frequency and below-average frequency. These data are shown in table:
25
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
  0.05

Education Above average Below average Average

University 10 10 20
College 30 50 80
Secondary school 20 60 120
225. What is the name of this table?
a) Two way table b) Frequency table
c) Stem and leaf table d) Contingency table
226. State null hypothesis
a) Independent attributes b) Dependent attributes
c) Parallel attributes d) None of these
227 State alternative hypothesis
a) Independent attributes b) Dependent attributes
c) Parallel attributes d) None of these
228. What is the tabulated value of test statistic?
a) 11.143 b) 9.488
c) 1.96 d) 1.645
229. What is the calculated value of test statistic?
a) 9.49 b) 2.45
c) 1.35 d) 45
230. Normal distribution is used when
a) Sample size is below 30 b) Sample size is above 30
c) SD of population is unknown d) None of these
231. draw feasible region of the following data
X ,Y  1
X ,Y  4
X Y

Answer

26
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE
232.
 2 3 M
A   5 6 M  find matrix of minors
 M  1 M 
 7 M 5M  M 2  5  6 M  7 M 5M  M 2  5  6M 
   
a)  4M 2M  M 2  2  3M  b)  M 2M  M 2  2  3M 
 3M  3M  3  3M  3M  3 
 
 7 M 5M  M 2  5` 7 M 5M  M 2 M
   
c)  4M 2M  M 2  2  d) 4M 2M  M 2  2
 3M  3M  3  M  3M  3
 
233. to increase Present value of project the rate should be adjusted
a) Upward b) Downward
c) Depends on duration d) Depends on rate
234. Given
P=650,000 I=9000 r= 9.5% t=?
a) 1.46 years(Approx) b) 1.32 years
c) 1.15 years d) None
235. Asif Borrowed Rs 100,000 and promised to pay Rs 1,000 each month to settle the obligation. If
interest rate is 18% compounded monthly find the time required to settle the obligation.
a) 3 years b) 4 years
c) 5 years d) None of these
236. Find dy/dx of y  (65x  6)(62 x  6)
a) 8060x+18 b) 806x+18
c) 8060x-18 d) None of these

Best of Luck
27
Prepared by: Dawood Shahid CPA, MPhil, MBA, OCE