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MTH302
(
Business Mathematics & Statistics
 
 
)
Q: # 01:-a)
Find the simple interest on 6 months loan of Rs.
55,000
has an annualinterest rate of 
7.21%? (5)
 b)
Sara appeared in F.sc. exam. Total marks of each subject are
100
.Sheobtained
60
marks in Urdu,
80
marks in English,
90
marks in Maths,
50
marks inIslamiyat,
55
marks in Pakistan Studies,
70
marks in Physics and
80
marks inChemistry. Make the result card of Sara,1) Using Sum function2) Using arithmetic Operator 
“+” (5)
Q: # 02:-a)
The basic salary of a person working in Bata Company is
7,000
.the house rentallowance is
45%
of basic salary also convinces allowance is
2.5%
of basic pay.The person is a permanent employee so will be given provident fund at the timeof retirement. Hence a deduction of 
1/11
th
part of salary is made every month.The employee also enjoys the facility of medical insurance which is 5% of basicsalary and social charges
5.8%
of basic salary. Find the actual remuneration of the person per month. Using Excel round your answer at each step up to
2
decimal places
? (5)
 
b)
At what rate of compound interest will Rs.
60180
amount to Rs.
100000
in
4
years
? (5)
Q: # 03:-a)
Four persons Aslam, Naeem, Saeed and Akram got the salary Rs.
5000,8000,13000
and
7085
respectively. Using auto sum formulation, find thesum and average salary of each guy
? (5)b)
The price of a lamp goes from Rs.
500
to Rs.
800
what is the percentincrease in the price of the lamp
? (5)
Q: # 01:-a)
Find the simple interest on 6 months loan of Rs.
55,000
has an annualinterest rate of 
7.21%? (5)
 b)
Sara appeared in F.sc. exam. Total marks of each subject are
100
.Sheobtained
60
marks in Urdu,
80
marks in English,
90
marks in Maths,
50
marks in
 
Islamiyat,
55
marks in Pakistan Studies,
70
marks in Physics and
80
marks inChemistry. Make the result card of Sara,1) Using Sum function2) Using arithmetic Operator 
“+” (5)
Q: # 02:-a)
The basic salary of a person working in Bata Company is
7,000
.the house rentallowance is
45%
of basic salary also convinces allowance is
2.5%
of basic pay.The person is a permanent employee so will be given provident fund at the timeof retirement. Hence a deduction of 
1/11
th
part of salary is made every month.The employee also enjoys the facility of medical insurance which is 5% of basicsalary and social charges
5.8%
of basic salary. Find the actual remuneration of the person per month. Using Excel round your answer at each step up to
2
decimal places
? (5)
 
b)
At what rate of compound interest will Rs.
60180
amount to Rs.
100000
in
4
years
? (5)
Q: # 03:-a)
Four persons Aslam, Naeem, Saeed and Akram got the salary Rs.
5000,8000,13000
and
7085
respectively. Using auto sum formulation, find thesum and average salary of each guy
? (5)b)
The price of a lamp goes from Rs.
500
to Rs.
800
what is the percentincrease in the price of the lamp
? (5)
Q: # 01:-a
)
Find the amount of an annuity of 
RS.500
payable at the end of each year for 
10
years, if the interest rate is
6%
compounded annually.
? (5)
b) A loan of 
RS.94
is to be paid back in monthly installments, in one year. Thefirst installment is paid after one month from the date of the loan. If the interest ischarged at the rate of 
24%
per annum, what will be the amount of monthlyinstallment? (Use PMT function of EXCEL
). (5)
Q: # 02:-a
)
Ratio of peanuts, almonds and dates is
8:4.5:3
.If Ali has
32kg
of peanuts, howmany kilograms of dry fruits in total Ali have (use EXCEL formula)
? (5)
 
b)
Calculate the annual rate and monthly rate on the loan of amount
Rs55000
taken for 
3
years, if the monthly payments are
Rs1800.
Use RATE function of excel
. (5) 
Q: # 03:-a)
If A=
231
,
 
10187&01
 BI 
Compute if possible AB and AI, if notthen give reason.
(5)b)
Find additive and multiplicative inverse of A=
 
212303145
 
Also proves
 
AA
-1
=I, Where I is identity matrix. (5)
a)
Naveed is selling a brand with price labeled RS.
9850.
Also the mark down onthe price is
13.5%.
What is the net price of the brand stated above and alsoevaluates the trade discount amount. ? (
5)b)
A person sells the stock of furniture with mark -up rate
29.5%.
Find the sellingprice of the stock that cost the retailer 
RS.55000
?
(5)Q: # 02:-a)
What is a cost of color T.V set which is sold for 
RS.9800
if the percentagemarkup is
40%
on cost?
(5)b)
After a mark -up of 
30%
on sales, a watch sells for 
RS.225
.
(5)
What is its cost price?What is the percentage mark-up on sales if the cost price of the watch wouldhave been
RS.153?
Calculate IRR after 5 years and 2 years. With a guess of10%:
Marks 5
of 00

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spookies0

solution of MTH302

reply12 / 06 / 2009
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