ANSWER SCHEME FINAL EXAMINATION

IFB1034 SEM 1 SESI 20212022

PART A
1. A
2. B
3. B
4. D
5. C
6. B
7. D
8. C
9. D
10.A

PART B
Q ANSWER SCHEME SET 1 Total
Q1
 3 1 −2  x   2 
    
 0 2 1  y  =  1 
 −2 1 2  z   −3 
    

2 1 0 1 0 2
A =3 −1 + ( −2 ) = −1
1 2 −2 2 −2 2

5
 3 −2 4 
Cofactor =  −4 2 −5
 5 −3 6 

 3 −4 5   −3 4 −5
A =  −2 2 −3 =  2 −2 3 
1 
−1

−1
 4 −5 6   −4 5 −6
  x  −3 4 −5  2  13 
  −1     
 y  = A B =  2 −2 3   1  =  −7 
z
   −4 5 −6  −3 15 

Q2
Q 2 + 8Q + 16 = −3Q 2 + 6Q + 436

Q − 10 2Q + 21 = 10
21
Q = 10, − 4
2
Q=10

P = Q 2 + 8Q + 16
= (10 ) + 8 (10 ) + 16
2

= 196

Q3

i.
TR = PQ

3
= 25Q − Q 2

ii. TC = 4Q 2 + 7Q + 8 5
dTC
= 8Q + 7
dQ

When Q = 15, marginal cost 8Q + 7 = 8 (15 ) + 7

= 127

Q4 P = 100 − 2Q
i. TR
= 100Q − 2Q 2
TC = 400 + 40Q
2
TP = TR − TC
=100Q − 2Q 2 − ( 400 + 40Q )
= −2Q 2 + 60Q − 400
ii. TP = 0
TP = − 2Q 2 + 60Q − 400 = 0

= Q − 20 Q − 10 = 0
4
Break even at Q = 20 and Q = 10.

Q 2 − 30Q + 200

x=−
b
=−
( −30 ) = 15
2a 2(1)
The maximum profit : −2Q 2 + 60Q − 400 = −2 (15 ) + 60 (15 ) − 400 = 50
2

Q5 I = Pr t
 4.2 
= RM 2800     ( 21 − 15 )
i.
 100 
= RM 705.60

ii.
S = P (1 + rt )
5
 4.2 
RM 4093.60 = RM 2800 1 + t
 100 
0.462 = 0.042t
t = 11 years

Q6
Amount of investment at the end of 4 years,
S4 = P (1 + i )
n

= RM14,510.03

Amount of investment at the end of 7 years 3 months 5

Quarterly; n = mt
= 4 ( 3.25 ) = 13
= P (1 + i )
n
S 1
7
4
 = RM 21,308.48

Q7
i.

The selling price, S = C + NP + OE

= RM 900 + RM 270 + RM 180
= RM 1350

ii. The gross profit = RM 270 + RM 180

= RM 450
Or = RM 1350 − RM 900
= RM 450

450
iii. The mark up percent = 100 = 33.33%
1350 10

iv.
Breakeven price = C + OE
= RM 900 + RM 180
= RM 1080
Maximum markdown = RM1350 − RM1080
= RM 270
270
Maximum markdown percentage = 100%
1350
= 20%
v.
Net profit = RM1200-RM1080
= RM120