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Gulshan Campus

Final Term Exam Spring - 2021

1) Write Your Name and ID at top on each and every page.


2) Show complete working including Rough work on the same page.
3) Inference is mandatory for every solution. Similarity in inference leads to deduction of marks.
4) Don’t use any software / print out to solve paper.

Subject: Introduction to Maths Submission Day/Date: Saturday 6/5/21


Instructor: S K Amanullah Submission Duration: 2 ½ Hours
Program: BBA Max. Marks: 50 Marks

Department of Business Administration


Q 1: Fill in the blanks; (10)

a) Let y= f(x) = 15x - 2 then x=g(y) = ----------.


y+ 2 15+ y 2 y
( ,, , , 15 y−2 ¿
15 2 15
b) The slope of the linear equation x= 5 is ----------.
(Undefined, 0, + ve , - ve )
c) In equation y= 27x+15, x is known as ------------ .variable.
(Independent. dependent, constant, none of them)
d) The points of intersection with x-axis are the -------
of the quadratic equation .
(factor, zero, roots, intercept)
e) The graph of the parabola y = -2 x2 + 13 X -25 is always -------------.
(cup up , cup down , smooth , linear )
f) The points of intersection with x-axis are the -------
of the quadratic equation .
(factor, zero, roots, intercept)
g) At ----- points the slope is always zero.
(Turning, inflection, stationary, all of them)
h) The condition for breakeven is -------.
(R=C, R<C, R>C, R ≠C)
i) If B = [ 012 2
0 5 ]
The order of matrix B is ---------------. (1x3, 2x3, 3x2, none of them)

j) If A = [−12 −40 ] then |A| is ----------. (0,4,-4,2)


Q 2: It is known that when the price of a good is $ 2, number on units demanded are 50,
but when price increases to $ 4, the quantity demanded drops to 45.

a) Determine the equation of line in the form q=f(p) .Also plot the function . 2)
b) What is the maximum price? (1)
c) What is the maximum demand? (1)
d) Identify and interpret the slope. (1)
e) Find quantity when price is 10. (1)
f) Find price when quantity is 15. (1)

Q 3: For the given below system of linear equations (5)

3x+y–z=-4
x+y–2z=-4
-x + 2 y – z = 1

Solve using Cramer’s Rule. Also verify your result

Q 4: The demand function for a product is (7)

q=f(p) = 720 , 000 – 90 p


Where q equals the quantity and p equals price.

a) Determine the restricted Domain.


b) Determine restricted Range.
c) Determine the Revenue function.
d) Concavity and intercepts .
e) Find Revenue for p = $ 50
f) What price should be charged to maximize total revenue ?
g) Also sketch revenue function indicating maximum and minimum revenues .

Q 5 : An enterprising college students has decided to purchase a local car wash business. (5)
The purchase cost is $ 250,000. Car washes will be priced at $ 10 , and variable
Cost per car including labour,soap , electricity ,etc is expected to equal to
$ 3. How many cars must be washed in order to achieve breakeven?

Q 6: The board of regents of a southern state region is planning the future college-level (5)
Needs for state .They have observed that the number of students attending state-
Operated schools/junior colleges, 4 –year schools, and the state university has been
Increased by 9% percent per compounded annually. There are currently 90,000
Students enrolled in the various state governing schools. Assuming continued growth
‘at the same rate , How long it will it will take for enrollments to surpass 25,000
Students?

Q 7: A bank loans a family $90,000 at 5 % annual interest rate for car financing. (5)
Family agrees to pay off loan by making monthly payments over 15 years period .
How much should the monthly payment be in order to pay off debt within the desire
Period ?

Q 8: A person pays $ , 1000,000 for a new house . A down payment of $ 350 , 000 leaves a (6)
Mortgage of $ 650,000 with interest computed 10 % per year compounded monthly .

Determine the following

a) Monthly Mortgage if the loan is to be repaid over


i) 20 years
ii) 25 years
iii) 30 years.
b) Also compute total interest under the above three different
Loan periods .

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