INSTITUTE OF ACCOUNTANCY ARUSHA
FACULTY OF ACCOUNTING AND FINANCE
BA I, BAF I, BB-APPR I & BCM I PROGRAMMES
BUSINESS METHEMATICS AND STATISTICS
ALGEBRA: TUTORIAL QUESTIONS
FACILITATORS: 1. Dr. Christopher Marushwa
2. Mr. Matatizo Ngata
1. A marketing department has a budget of $12,000, which it wants to allocate between two
campaigns. If they plan to spend twice as much on Campaign A as on Campaign B, how
much can they allocate to each campaign?
2. A company produces two types of products: A and B. Each unit of product A requires 3
hours of labor and each unit of product B requires 2 hours of labor. The company has a
total of 120 hours of labor available. If the company wants to produce a total of 40 units of
both products, how many units of each product should they produce?
3. A factory produces two types of products, A and B. Product A contributes $4 to profit, and
product B contributes $3. If the factory produces 100 products and generates $360 in profit,
how many of each product are made?
4. A company hires workers for two projects. Project A costs $20 per hour, and Project B
costs $25 per hour. If the total labor cost for 30 hours is $575, how many hours were spent
on each project?
5. A shipping company charges a fee of $3 for small packages and $5 for large packages. If
a total revenue of $1,200 is generated by shipping 250 packages, how many of each type
was shipped?
6. An online store sells two types of subscriptions. Standard at $10 per month and Premium
at $15 per month. If they sold 150 subscriptions and made $1,800 in total revenue, how
many of each subscription type was sold?
7. A farmer grows corn and wheat. The corn yields 4 bushels per acre, and wheat yields 6
bushels per acre. If the farmer has 40 acres and wants to harvest 200 bushels total, how
much land should be allocated to corn and wheat?
8. A handyman offers plumbing and electrical services. Plumbing costs $80/hour, and
electrical costs $100/hour. If they worked a total of 25 hours and earned $2,200, how many
hours did they spend on each service?
9. An investor has $50,000 to invest in two funds, A and B. Fund A offers a return of 5%, and
fund B offers a return of 8%. If the investor wants to earn a total of $3,200 in interest in
one year, how much should be invested in each fund?
10. A factory produces two types of gadgets, X and Y. Each gadget X requires 3 hours of labor
and gadget Y requires 2 hours. The factory has 120 hours of labor available in a week. If
they want to produce at least 20 gadgets of type X, how many of each type should they
produce, given that the total production cannot exceed 50 gadgets?
11. Solve the following by factorization, completing square and general formula
(x^2 + 5x + 6 = 0), ( 2x^2 + 7x + 3 = 0 ), ( x^2 - 4x - 5 = 0 ), ( 3x^2 + 5x - 2 = 0 ),
( 4x^2 - 12x + 9 = 0 ), ( x^2 + 2x - 8 = 0 ), ( 5x^2 + 10x + 5 = 0 ), ( x^2 + 3x + 2 = 0 ),
( 2x^2 - 8x + 6 = 0 ), ( x^2 - 6x + 8 = 0 ), ( 6x^2 + 11x - 10 = 0 ), ( x^2 - 5x + 6 = 0 ),
( 2x^2 + 3x - 2 = 0 ), ( 3x^2 - 12x + 12 = 0 ), ( x^2 + x - 12 = 0 ), ( 4x^2 + 4x + 1 = 0 ),
( x^2 - 1 = 0 ), ( 3x^2 + 8x + 3 = 0 ), ( x^2 + 4x + 4 = 0 ), ( 2x^2 - 5x - 3 = 0 )
12. Find the solution set of the following by Elimination method and crammer’s rule
2𝑥 + 3𝑦 + 𝑧 = 1
(a) { 4𝑥 + 𝑦 − 𝑧 = 2
−2𝑥 + 5𝑦 + 2𝑧 = 3
2𝑥 + 3𝑦 + 𝑧 = 1
(b) { 4𝑥 + 𝑦 + 2𝑧 = 2
−2𝑥 + 5𝑦 − 𝑧 = 3
𝑥 − 2𝑦 + 3𝑧 = 9
(c) { −𝑥 + 3𝑦 − 𝑧 = −6
2𝑥 − 5𝑦 + 5𝑧 = 17
2𝑥 + 𝑦 − 4𝑧 = −15
(d) { 𝑥 + 2𝑧 = 14
−𝑦 + 3𝑧 = 13
𝑥 + 3𝑦 − 2𝑧 = 14
(e) { 𝑦 + 4𝑧 = 13
2𝑥 + 5𝑧 = 16
13. John invested his inheritance of $12,000 in three different funds: part in a money-market
fund paying 3% interest annually; part in municipal bonds paying 4% annually; and the
rest in mutual funds paying 7% annually. John invested $4,000 more in mutual funds than
he invested in municipal bonds. The total interest earned in one year was $670. How much
did he invest in each type of fund?
14. Maricopa's Success scholarship fund receives a gift of $ 200000. The money is invested in
stocks, bonds, and CDs. CDs pay 2.75 % interest, bonds pay 5.2 % interest, and stocks pay
6.2 % interest. Maricopa Success invests $ 15000 more in bonds than in CDs. If the annual
income from the investments is $ 9802.5, how much was invested in each account?
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