Secondary Education Examination

Model Question - 2078

Grade: 12

Subject: Business Mathematics (Bmt. 406) Full Marks: 75

Time: 3 hrs.
Candidates are required to give their answer in their own words as far as practicable. The figures
in the margin indicate full marks.
Attempt all questions.

Group A (1 × 11 = 11)

Write the correct option in your answer sheet.

1. Two matrices A and B can be multiplied if
(a) No. of columns of A = No. of columns of B
(b) No. of rows of A = No. of rows of B
(c) No. of columns of A = No. of rows of B
(d) No. of rows of A = No. of columns of B.
 x 0 0 
2. If the  2 1 3  = 3, then the value of x is
 0 1 4 
(a) 1 (b) 3 (c) 0 (d) 2
 1 3
3. Let A =  2 5 , then Adj.(A) is
 

 5 − 3 5 − 3 1 3 5 3
(a) − 2 1  (b)   (c)   (d)  
  2 1  2 5 2 1
4. The function f(x) = 2x2 – 3x is increasing at
1 3 1 3
(a) (—4 , ∞) (b) (—4 , ∞) (c) (4 , ∞) (d) (4 , ∞)
1
5. The value of  0
xe x dx is

(a) 1 (b) 0 (c) xex (d) e

6. If k – 1, k + 8 and k + 26 are in G.P., then the value of k is
(a) 12 (b) 9 (c) 10 (d) 8
7. A project would normally be undertaken if its net present value is
(a) Negative (b) Zero
(c) Exactly the same as the NPV of existing projects (d) Positive
8. A machine whose scrap value after 10 years is Rs. 1500, depreciated at the rate of 12% per
annum on the reducing balance, then the original cost is
(a) Rs. 5386 (b) Rs. 1500 (c) Rs. 2500 (d) Rs. 15009
9. In simplex method, the feasible basic solution must satisfy the
(a) non negative constraint (b) negative constraint
(c) basic constraint (d) common constraint

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10. In a distribution, the difference of the two quartiles is 20 and their sum is 70 and the
median is 36, then the coefficient of skewness is
(a) 0.1 (b) – 0.1 (c) 25 (d) 45
11. Two events are mutually exclusive if
(a) the sum of their probabilities must be greater than one
(b) if the occurrence of one event excludes the occurrence of other
(c) the sum of their probabilities must be equal to zero
(d) the difference of their probabilities must be equal to one

Group B (5 × 8 = 40)

12. State the Hawkins-Simon conditions for the viability of the system. The output levels of
machinery, electricity and oil of a small country are 3000, 5000 and 2000 respectively. Each unit of
machinery requires inputs of 0.3 units of electricity and 0.3 units of oil. Electricity requires inputs of
0.1 units of machinery and 0.2 units of oil. Oil requires inputs of 0.2 units of machinery and 0.1
units of electricity. Determine the machinery, electricity and oil available for export.
[1 + 4]
13. Solve the following system by using Gauss elimination method:
x – 2y + 3z = 2, 2x – 3y + z = 1, 3x – y + 2z = 9. [5]
14. Suppose that the demand equation for a certain commodity is Q = 60 − 0.1P . Is demand elastic or
inelastic at P = 200? Prove that the relation
 1
MR = AR 1 –  , where d is the elasticity of demand, AR and MR are average and marginal
 d
revenue respectively. Use this relation to find AR if MR is 25 and d is 2. [1 + 3 + 1]
15. The demand equation for a certain commodity is p = 20 – Q and the total cost function C =
Q2 + 8Q + 2, determine the total profit, revenue and cost under profit maximization.
[5]
16. (a) The population growth rate of Nepal is 1.8% in a year. Model the situation using a
differential equation. What will be the population after t years? If the current population of
Nepal is 30 million, what will the population after 10 years? [2]
(b) A perfectly competitive market has the demand and supply functions
Qd = 170 − 8P and Qs = −10 + 4P.
When the market is out of equilibrium the rate of adjustment of price is a function of
dP
excess demand such that dt = 0.5(Qd − Qs )? In the initial time period price P0 is 10,
which is not its equilibrium value. Derive a function for P in terms of t, and comment
on the stability of this market. [3]
17. Solve the following linear programming problem by simplex method to maximize z = 7x +
5y subject to x + 2y  6, 4x + 3y  12, x, y  0. [5]

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18. (a) Find Karl Pearson's Coefficient of skewness from the following data.[3]

Income 10 12 14 16 20

Frequency 5 8 15 7 5

(b) The mean and variance of binomial distribution are 4 and 4/3 respectively. Find P( 1).
[2]

19. State Bayes' theorem. A company has rated 75% of its employees as satisfactory and 25%
as un-satisfactory. Personnel records indicate that 80% of the satisfactory workers had
previous work experience, while only 40% of the unsatisfactory workers had any previous
work experience. If a person with previous work experience is hired, what is the
probability that this person will be a satisfactory employee? If a person with no previous
work experience is hired, what is the probability that this person will be a satisfactory
employee? [1 + 4]

Group C (8 × 3 = 24)

20. (a) Find the area bounded by the x-axis and the curve f (x) = x3 – x2 – 2x. [2]
(b) If the marginal revenue function (MR) = 6x2 + 4x + 3, find the total revenue function. Also,
deduce the demand function. [2]
(c) The demand and supply curves of an item are given by the equations Pd = 20 – 3Q – Q2
and Ps = Q – 1 respectively. Find the difference between consumer and producer surplus at
equilibrium price. [4]
21. (a) Divide Rs. 2708 between Ram and Shyam so that Ram's share at the end of 5 years be
equal to Shyam's share at the end of 7 years, C.I. being calculated at 8% p.a. [4]
(b) A man retires at the age of 60 and gets a pension of Rs. 1,200 per year in half-yearly
installments for the rest of his life. Taking his expectation of life to be 13 years further, that
the interest is at 4% p.a. payable half yearly, what single sum is equivalent to this pension?
[4]
22. The following table shows the relation between price and demand of certain item:
Price (X) 10 12 20 ? 24 26
Demand (Y) 16 15 14 12 11 10
(a) Calculate the correlation coefficient by Karl Pearson's method if arithmetic mean of X is 19.
[4]
(b) How can you find the correlation coefficient by using regression coefficient?
[1]
(c) Find the equation of the line of regression of X on Y. Estimate the value of X when Y = 30.
[3]

***

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22. Business Mathematics (Bmt. 406)
Test Specification chart, 2078
Grade: 12 Subject: Business Mathematics (Bmt. 406)
SN Content Area Wor Competency level Area- Number
king Knowledge Understanding Application Higher Ability wise of
hour (16%) (24%) (40%) (20%) Marks Questio
ns

MCQ

MCQ

MCQ

MCQ
LAQ

LAQ

LAQ
SAQ

SAQ

SAQ

SAQ
Questions

Questions

Questions

Questions

Questions

Questions

Questions

Questions

Questions

Questions

Questions
Marks

Marks

Marks

Marks

Marks

Marks

Marks

Marks

Marks

Marks

Marks
No. of

No. of

No. of

No. of

No. of

No. of

No. of

No. of

No. of

No. of

No. of
MCQ: 3
1 Algebra 21 13
SAQ: 2
MCQ: 2
2 Calculus 40 25 SAQ: 3
LAQ: 1
MCQ: 3
3 Financial Math 17 11
2 2 2 10 5 5 1 5 1 8 2 2 4 20 1 8 2 2 1 5 1 8 LAQ: 1
Linear
MCQ: 1
4 Programming 10 6
SAQ: 1
Problem
5 12 MCQ: 2
Statistics 20
SAQ: 2
6 Probability 12 8 LAQ: 1
MCQ: 11
Total Marks 120 12 18 30 15 75 SAQ: 8
LAQ: 3

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 Question format plan

Marks per Number of questions Total number Total

S.N. Types of Questions
question Knowledge Understanding Application Higher Ability of questions Marks
Multiple Choice
1. 1 2 5 2 2 11 11
Question
2. Short Answer Question 5 2 1 4 1 8 40
3. Long Answer Question 8 0 1 1 1 3 24
Grand Total 4 7 7 4 22 75

Note:
▪ Appropriate extra time will be provided for the handicapped students and the alternative questions to the figure based questions should
be prepared for blind students.
▪ Questions should be prepared by giving the context and one question may have more than one sub-questions.
▪ Application and higher ability questions can be made by relating the other content areas.
▪ Questions should be made by addressing all the sub-areas of content.
▪ At least one multiple choice question should be asked from each area (Statistics and Probability).

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