Business Mathematics (4061)
Business Mathematics (4061)
Contd... Contd...
(3) 4061 4061 (4)
(b) Ramesh sells 3 shares of A and buys 2 shares of B, thus increasing his c) What is the probability at most one will withdraw ? [2]
cash by Rs. 300. Prakash sells 1 share of A and buys 3 shares of B, Group 'C' [38=24]
thus decreasing his cash by Rs. 300. Write the equations related to 20. a) Machinery costing Rs 4,50,000 has an estimated life of 15 years. If its cost
above context. [2] is reduced by Rs.3,00,000 in 15 years, find the rate of depreciation. [3]
14. Find the absolute maxima and absolute minima of the function b) Manoj borrows Rs.4368 which he promises to pay in 6 annual instalments,
f(x) = x3 -3x2 + 5 on [-2, 2]. Also find the point of inflection. [4+1] each instalment being treble of the proceeding one. Find amount of the
First instalment. [2]
15. a) Write the relation between marginal revenue and total revenue. [1] c) The compound interest on a certain sum at a certain rate is Rs. 204 in
b) Define stationary point for a function. [1] 2 years and the simple interest at the same rate is Rs 300 in 3 years.
c) What is monotonic function ? Write it. [1] Find the sum and rate of interest. [3]
d) For a function f(x), f '' (x) > 0 at a point and f 1(x) = 0, identify the
21. The following table shows the relation between the price (x) and demand
value of f(x) at that point. [1]
(y) of certain items.
e) State fundamental theorem of calculus. [1]
Price (x) 100 120 190 200 240 260
16 a) Find the area bounded by the curve y2 = 4x, the x-axis and the line
x = 4. [2] Demand (y) 20 15 16 12 14 13
b) The demand and supply function in a competitive market are given by
a) Calculate the correlation coefficient by Karl Pearson's method. [4]
the equation Qd = 240 - 3p and QS = 5P - 150 respectively. If the
b) The mean and variance of a binomial distribution are 7.5 and 1.875
rate of change of the price adjustment proportional to the excess of
respectively. Find P(2) and P(0). [4]
dp
the demand is given by 0 . 05 ( Q d Q s ) . Solve the obtained 22. a) In perfect competition, demand and supply function of commodity are
dt given by Pd = 40 -x2 and PS = 3x2 + 8x + 8. Discuss the nature of
differential equation given that the initial price (PO) = Rs 50. [3] consumer surplus and producer surplus at the market equilibrium price.[4]
17. Solve the following linear programming problem by Simplex method to maximize b) Write a homogeneous differential equation of first order and first degree.
P = 50x + 60y subject to 3x + 4y 36, 9x + 4y 60, x, y 0 Also solve it. [2]
18. a) Write multiplicative law of probability for independent events A and B. [1] c) Price of elasticity is related to demand and total revenue. Justify it.[2]
b) Write conditional probability of event P given that event Q has already
occured. [1]
c) In a factory producing radios, there are three machines producing 500, -0-
1000, 1500 radios per hour respectively. These machines produce 3%,
5%, 8% defective radios. One radio selected random from a hour production
of the three machines and found to be defective. What is the probability
that the radio is produced from the third machine ? [3]
19. In a college, it has been found that 40% of the students withdraw without
completing the mathematics course if there were 10 students have
registered for the course of this semester.
a) What is the probability that none will withdraw ? [1]
b) What is the probability that at least one will withdraw ? [2]
Contd...