Business Math and Statistics Mock Test

Total Marks: 60 Time: 75 Min

Direction: (Q.1-Q.2): There are 8 members in a family namely A, B, C, D, K, L, M, N in which there are
2 married couples. Among the 8 members there are 2 lawyers and 2 artists. D is the daughter in law
of M. L is the brother of any of the two artists. N, who is the artist, is the sister of A. No female is a
lawyer. D is an artist. C is the husband of M. K is the only son of M. B is the lawyer and is the brother
of C. A is the lawyer and is the son of K.
Q.1: Which pair represents the lawyers?
(a) BN (b) AB (c) MA (d) MD (e) CN
Q.2: If L is the brother of N, how many children does K have?
(a) 3 (b) 4 (c) 2 (d) 1
Directions (Q.3-Q.4): Eight friends P, Q, R, S, T, U, V, W and Y are sitting around a square table in
such a way that four of them sit at four corners of the square while four sit in the middle of each of
the four sides. The one who sit at the four corners face the centre while those who sit in the middle
of the sides face outside.
S sits third to the right of P. P faces the centre. Y is not an immediate neighbour of P or S. T sits third
to the right of R. R does not sit in the middle of any of the sides and also R is not an immediate
neighbour of Y. Only one person sits between P and V. Q is not an immediate neighbour of V?
Q.3: Who amongst the following sits fourth to the left of V?
(a) Q (b) R (c) T (d) Y
Q.4: Which is the position of Q with respect to R?
(a) Immediately to the right (b) Second to the left (c) Third to the left (d) Third to the right
Q.5: If FRAGRANCE is written as SBHSBODFG, how can IMPOSING be written?
(a) NQPTJHOJ (b) NQPTJOHI (c) NQTPJOHJ (d) NQPTJOHJ
Q.6: Pie chart represents the components of a factor by ___
(a) angles (b) percentages (c) Sectors (d) Circles
Q.7: If there is a decrease in a series at constant rate, the graph will be a ___
(a) Hyperbola (b) a straight line from left top to right bottom (c) a convex curve (d) All of these
Q.8: With the help of ogive curves, one can determine ___
(a) median (b) deciles (c) percentiles (d) All of these
Q.9: A census ____
(a) Consists of information from all members of the population
(b) Consists of information from a subset of the population
(c) IS a secondary source of data (d) Less reliable than a primary source of data
Q.10: Doubling counting is a result of ___
(a) Incomplete data (b) biased data (c) incomplete and biased data (d) None of these
Q.11: Profits made by XYZ bank in different years refers to ___
(a) Discrete variable (b) continuous variable (d) Attribute (d) None of these
Q.12: The lower extreme point of a class is called___
(a) Lower class limit (b) Lower class boundary (c) Both (d) None of these
Q.13: The quickest method to collect primary data is ___
(a) Personal Interview (b) Indirect Interview (c) Telephone interview (d) By Observation
Q.14: When one end of class is not specified, the class is called __
(a) closed- end class (b) Open –end class (c) Both (d) None of these
Q.15: Source note in tabular presentation refers to ___
(a) data Integrity (b) Data source (c) Data abbreviations (d) All of these

Q.16: If Y = 10 -2X, A.M of x is 2 and Variance of x = 36, then the coefficient of variation of y is __
(a) 100% (b) 200% (c) 50% (d) None of these
Q.17: For a group of 100 candidates, the mean was found to be 40. Later on it was discovered that
a value 45 was misread as 54. The correct mean is __

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(a) 39.91 (b) 39.85 (c) 39.80 (d) 40.50
Q.18: The G.M of the n geometric mean inserted between a and b is ___
(a) n(a+b)/2 (b) (a+b)n/2 (c) (ab)n/2 (d) (ab)1/2
Q.19: For determining of mode, the class intervals should be __
(a) Overlapping (b) Maximum (c) Minimum (d) None of these
Q.20: An investor buys Rs 1200 worth of shares in a company each month. During the first 5
months. He bought the shares at a price of Rs 10, Rs 12, Rs 15, Rs 20 and Rs 24 per share. After
5 months the average price paid for the shares in rupees is ___
(a) 14.63 (b) 14 (c) 14.23 (d) 14.53
Q.21: If two grades of oranges sell at 10 for Rs 1 and 20 for Rs 1 respectively. The average price per
orange, in paise is ___
(a) 7.5 (b) 7 (c) 8 (d) 6.7
Q.22: In a moderately skewed distribution, the value of mean and mode are 20p and 17 p
respectively. It’s median is ____
(a) 19p (b) 17p (c) 20 p (d) 23p
Q.23: The mean of 5 numbers is 27. If one is excluded, their mean is 25. The excluded number is __
(a) 25 (b) 45 (c) 35 (d) None of these
Q.24: The seventh decile of the given data is __
Age More than More than More than More than More than More than 60
10 20 30 40 50
No of patients 142 118 103 67 26 12
(a) 40.95 (b) 50.25 (c) 45.95 (d)39.90
Q.25: The middle values of an ordered series is called __
(a) 5th decile (b) 2nd Quartile (c) 50th Percentile (d) All of these
Q.26: Which mean is most affected by extreme values __
(a) G.M (b) H.M (c) A.M (d) All are equal affected
Q.27: The mean of the squares of first n natural number is.
(a) n(n+1)(2n+1)/3 (b) (n+1)(2n+1)/6 (c) n(n+1)(2n+1)/6 (d) (n+1)(2n+1)/3
Q.28: If two variables x and y are related by x + 3y -7 = 0 and the mean and mean deviation about
mean of x are 1 and 0.3 respectively, then the coefficient of mean deviation of y about mean is ___
(a) 50 (b) 12 (c) 4 (d) -5
Q.29: The G.M of the observations 2, 4, 8, 16, 32, 64 is ___
(a) 25/2 (b) 27/2 (c) 33 (d) None of these
Q.30: The mean of 3, 4, x, 7, 10 is 6 then value of x is ___
(a) 7 (b) 5 (c) 6 (d) 4
Q.31: 0, 2, 8, 18, ___, 50
(a) 28 (b) 30 (c) 32 (d) 36
Q.32: 1, 6, 6, 36, 216, ___
(a) 7775 (b) 7776 (c) 7778 (d) 7777
Q.33: 5, 6, ___, 57, 244
(a) 15 (b) 17 (c) 21 (d) 16

Q.34: Odd man out: 0, 3, 8, 15, 24, 36, 48

(a) 36 (b) 24 (c) 48 (d) None of these
Q.35: Odd man out: 0.004, 0.02, 0.1, 0.5, 0.01
(a) 0.02 (b) 0.1 (c) 0.01 (d) 0.5
Q.36: Pointing to a girl in a photograph, Ajay said,” Her mother’s brother is the only son of my
mother’s father,” How is the girl’s mother related to Ajay?
(a) Mother (b) Sister (c) Aunt (d) Grandmother
Q.37: A person buys 10 Kgs of commodity A at the rate of 2kg per rupee, 20 Kg of commodity B at
the rate of 5 kg per rupee and 30 Kg of commodity C at the rate of 10 Kg per rupee. The average
price in Kgs per rupee will be __
(a) Rs 5 (b) Rs 4 (c) Rs 3 (d) None of these
Q.38: Given that log x = m + n and log y = m - n, Then the value of log10x/y^2 is expressed as
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(a) 1-m+3n (b) m-1+3n (c) m+3n+1 (d) None of these
Q.39: If log2X + log4X + log16X = 21/4, then x is equal to:-
(a) 8 (b) 4 (c) 16 (d) None of these
Q.40: If log7log5(√𝑋 + 5 + √𝑋) = 0, the value of x is
(a) 0 (b) 1 (c) 1/4 (d) 4

Q.41: If x = √√6 + 6 + (√7 + 2√6) -- √6 then the value is

(a) 1 (b) 2 (c) 3 (d) 6
3 2
Q.42: If 𝛼, 𝛽, 𝛾 are the roots of equation x -4x +x+6, then find the equation which roots are If1/
𝛼, 1/𝛽, 1/𝛾
(a) x3+ 4x2+x+6 (b) 4x3-6x2+x-1 (c) 6x3+ x2-4x+1 (d) None of these
Q.43: A lent Rs 6000 to B for 2 years and 1500 to C for 4 years and received total interest of Rs 900
from both. The rate of interest of Rs 900 from both. The rate of interest, when simple interest
method calculated.
(a) 5% (b) 6% (c) 7.5% (d) 9%
Q.44: If the difference between the interests received from the two different banks on Rs 5000 to 2
years is Rs 50. Then the difference between the rates is
(a) 0.25% (b) 0.40% (c) 0.50% (d) 0.75%
Q.45: The simple interest of P % for P years will be Rs P on a sum of
𝑃 100
(a) Rs P/100 (b) Rs 100/P (c) Rs (100 + 1) (d) Rs ( 𝑃 − 1)
Q.46: The compound interest on a certain sum is Rs 209 simple interest is Rs 200 for 2 years. What is
the rate percent for 2 years?
(a) 9% (b) 18% (c) 4.5% (d) 10%
Q.47: The value of a machine depreciates 12% annually. If the present value of Rs 68,150 then its
value in 3 years ago was
(a) Rs 1,10,000 (b) Rs 1,00,004 (c) Rs 92,00 (d) Rs
97,000
Q.48: The present value of Rs 1 to be receive after 3 years compounded annually at 11% interest is
(a) 0.713 (b) 0.811 (c) 0.731 (d) 0.658
Q.49: Suppose your father decides to gift you Rs 5000 every year starts from today for the next four
years. You deposit the amount in a bank and when you receive and get 10% per annum interest rate
compound annually. The present value of this annuity is _____(given P(3,0.10) = 2.48685
(a) Rs 17,434.25 (b) Rs 17,344.25 (c) Rs 17,434.52 (d) Rs
17,344.52
Q.50: Find the present value of Rs 10,000 to be required after 5 years. If the interest be 9%. Given
(1.09)5 = 1.5386
(a) Rs 6500 (b) Rs 6499.42 (c) Rs 6600.52 (d) Rs 6700.52
Q.51: A sum of money placed at compound interest double itself in 3 years. In how many years will it
amount to eight times itself?
(a) 5 year (b) 9 year (c) 8 year (d) 7 year
Q.52: The difference between the compound interest and simple interest on Rs 1,000 for 2 years at
the rate of 10% per annum.
(a) Rs 40 (b) Rs 20 (c) Rs 30 (d) Rs 10
Q.53: If the effective interest is 12% per annum and the interest is compounded quarterly, the
nominal interest per annum is
(a)11.78 % (b) 11.21 % (c) 11.89 % (d) 11.49 %
Q.54: If 6th and 13th term of an A.P are 15 and 36 respectively the A.P is
(a) 2, 5, 8, 11 (b) 1, 4, 6, 8 (c) -4, -1, 2, 5 (d) 0, 3, 6, 9
Q.55: The Pth term of an A.P is 1/q and Qth term is 1/p. The sum of the PQth term is _____
(a) ½(pq+1) (b) ½(pq-1) (c) pq+1 (d) Pq-1
Q.56: The sum of all natural numbers between 500 and 1000, which are divisible by 13 is ____
(a) 28,400 (b) 28,405 (c) 28,410 (d) None
2 2 2 2
Q.57: The sum of n terms of 1 , 3 , 5 , 7 ,….. is

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(a) (n/3)(4n2+5n-1) (b) (n)(4n2+5n-1) (c) (n/2)(4n2-5n-1) (d) None of these
Q.58: A man divides his property so that his son’s share to his wife’s share and the wife’s share to his
daughter’s share are both in the ratio 3:1. If the daughter gets Rs 10,000 less than the son, then the
total worth of his property is
(a) Rs 16,500 (b) Rs 8,250 (c) Rs 15,250 (d) Rs 21,250
Q.59: The first, Second and third month salaries of a person are in the ratio [Link]. The difference
between the product of the salaries of the first 2 months and last 2 months is Rs 4,80,00,000. Find
the salary of the second month:
(a) Rs 4,000 (b) Rs 6,000 (c) Rs 12,000 (d) Rs 8,000
Q.60: In a group of 20 children, 8 drinks tea but not coffee and 13 like tea. The number of children
drinking coffee but not tea is
(a) 6 (b) 7 (c) 1 (d) None of these

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