CMA Foundation – Paper 4

Time 1 hr Section A : Fundamentals of Business Mathematics Marks: 100

1. Which one of the following is correct?

(a) Two quantities are said to be commensurable if the ratio between them can be expressed as the
sub duplicate ratio
(b) Two quantities are said to be commensurable if the ratio between them can be expressed as the
sub triplicate ratio
(c) Two quantities are said to be commensurable if the ratio between them can be expressed as
the ratio of two integers
(d) Two quantities are said to be commensurable if the ratio between them can be expressed as the
triplicate ratio of any integers

2. The C.I on Rs. 5000 for 3 years if the rate of interest is 5%, 6% and 7% for the 1st, 2nd and 3rd years
respectively is
(a) Rs. 1050 (b) Rs. 954.55 (c) Rs. 750 (d) Rs. 900
𝑎 −2 𝑏2
3. 𝑎 −1 +𝑏−1
is equal to
𝑎3 𝒃𝟑 𝑏3
(a) 1 (b) 𝑏2 +𝑎𝑏
(c) 𝒂𝟐 +𝒂𝒃
(d) 𝑎 2 +2𝑎𝑏

4. Which one of the following is a singleton set?

(i) {x/x2 = x, x ∈R} (ii) {x/x2 = -1, x ∈R } (iii) {x/2x = 0} (iv) {x/3x + 2 = 0 x ∈N}
(a) (i) (b) (ii) (c) (iii) (d) (iv)

5. What is the sum of all 3 digit numbers that leave a remainder of ‘2’ when divided by 4?
(a) 123750 (b) 4400 (c) 61875 (d) 247500

6. x log y – log z X y log z – log x X z log x – log y is equal to

(a) 1 (b) 0 (c) 1/2 (d) log(xyz)

7. In how many ways can a boy invite one or more of 5 friends?

(a) 32 (b) 31 (c) 33 (d) 15

8. If n P4 = 12n P2 , then is
(a) -1 (b) 6 (c) 7 (d) 5

9. If the yearly earnings of three persons A, B and C be Rs. 20000, Rs. 30000 and Rs. 40000 then
(a) Earnings of A, B, C are in the continued ratio of 6:12:8
(b) Earnings of A, B, C are in the continued ratio of 2:3:4
(c) Earnings of A, B, C are in the continued ratio of 6:4:3
(d) Earnings of A, B, C are in the continued ratio of 2:1.33:1

10. By Roster method, to express integers greater than 5 and less than (or) equal to 8
(a) {5, 6, 7} (b) {5, 6, 7, 8} (c) {8} (d) {6, 7, 8}

11. 4 arithmetic means between 4 and 64 are

(a) 16, 32, 48, 64 (b) 16, 28, 40, 52 (c) 8, 16, 24, 32 (d) 8, 18, 28, 38

12. A sum of money becomes double in 20 yrs at S.I. in how many years will it be triple ___
(a) 40 (b) 35 (c) 38 (d) 42

13. For the ratio X : Y, Sub triplicate ratio is

𝟑 1/3 1/3
(a) √𝒙: 𝟑√𝒚 (b) X3 : Y3 (c) 3X : 3Y (d) √𝑥 : √𝑦
14. In what time will Rs.85,000 amount to Rs.1,57,675 at 4.5% p.a?
(a) 19 (b) 18 (c) 41 (d) 42

15. If 16x2 -8x+1 = 0 when x=1/4y Find the value of y___

(a) ¼ (b) 1 (c) 2 (d) -1/4

16. In the series 49, 44, 39…….n terms, 9 is

(a) 8th term (b) 9th term (c) Not a term (d)10th term

17. An amount of money lent at C.I amounts to Rs. 1323 is 2 years at 5% C.I. The sum is ____
(a) 1100 (b) 1300 (c) 1000 (d) 1200
1
18. When ≥ 1 n 2, log10 10 is always
(a) Positive (b) 0 (c) 1 (d) Negative
4
19. 4x+ 𝑥 = 17
(a) ±4 (b) ±1/4 (c) 4,1/4 (d) -4 , -1/4

20. The number of permutations if the letter in the word “BANANA” is which two letters N do not come
together is
(a) 40 (b) 60 (c) 20 (d) 600

Section B : Fundamentals of Business Statistics

21. For the regression equation of Y on X, 2x + 3y + 50 = 0. The value of byx is
(a) 2/3 (b) -2/3 (c) -3/2 (d) None

22. If the overall percentage of success in an exam is 60, what is the probability that out of a group of 4
students, at least one has passed?
(a) 0.6525 (b) 0.9744 (c) 0.8704 (d) 0.0256

23. Range of a the given distribution is

(a) Equal to standard deviation
(b) Greater than standard deviation
(c) Less than standard deviation
(d) None of these

24. Which of the variables below is categorical?

(a) County of residence
(b) Number of people, both adults and children, living in the household
(c) Total household income, before taxes
(d) Age of respondent

25. If y = 4+3x and mode of x is 25, what is the mode of y?

(a) 75 (b) 25 (c) 79 (d) 80

26. Where r is zero the regression lines cut each other making
(a) An angle of 45o (b) 60o (c) 30o (d) 90o i.e., parallel to OX and OY

27. For calculating mean deviation generally deviations are taken from:
(a) Mean (b) Mode (c) G.M. (d) Median

28. The mean salary for a group of 40 female workers is Rs.5,200 per month and that for a group of 60
male workers is Rs.6,800 per month. What is the combined salary?
(a) Rs.6,160 (b) Rs.5,283 (c) Rs.6,000 (d) 4,528
29. The distribution of profits of a company follows
(a) J-shaped (b) U-shaed (c) Bell-shaped frequency curve (d) Any of these

30. A = {1, 2, 3, 5, 6} is the ____ when a die is tossed.

(a) event (b) sample (c) set (d) sample space

31. Given that the mean height of a group of students is 67.45 inches. Find out the missing frequencies
for the following incomplete distribution of height of 100 students.
Marks 60-62 63-65 66-68 69-71 72-74
No. of Students 5 18 ? ? 8

(a) 35, 16 (b) 52, 12 (c) 42, 27 (d) 12, 9

32. For a normal distribution

(a) Q.D. = 2 over 3 σ (b) Q.D. = 1 over 3 σ (c) Q.D. = 4 over 5 σ (d) None of these

33. Since the correlation coefficient r is the ____ of the two regression coefficients byx and bxy
(a) A.M. (b) G.M. (c) H.M. (d) None

34. Coefficient of variation of two series are 60% and 80% respectively. Their standard deviation are 20
and 16 respectively what are their A.M.
(a) 15 and 20 (b) 33.3. and 20 (c) 33.3. and 15 (d) 12 and 16

35. If the coefficient of correlation between x and y is 0.28, co-variance between x and y is 7.6 and the
variance of x is 9, then the S.D. of y series is;
(a) 9.8 (b) 10.1 (c) 9.05 (d) 10.05

36. A card is drawn from a well-shuffled pack of playing cards. The probability that it is a king is
(a) 1/13 (b) ¼ (c) 4/13 (d) None

37. Following are the marks of 10 students: 82, 79, 56, 70, 85, 95, 55, 72, 70, 66. Find coefficient of
range
(a) 25.66 (b) 26.67 (c) 27.66 (d) 28.67

38. The relationship between AM, GM & HM is

(a) GM = (AM) X (HM)
(b) (GM)2 = (AM)X(HM)
(c) GM = (AM X HM)2
(d) GM2 = (AM)2 X (HM)2

39. “Stub” of table is the

(a) Left part of the table describing the columns
(b) Right part of the table describing the columns
(c) Right part of the table describing the rows
(d) Left part of the table describing the rows

40. The probability of an event can assume any value between

(a) -1 and 1 (b) 0 and 1 (c) -1 and 0 (d) None of these

41. If the first quartile is 104 and quartile deviation is 18, the third quartile will be
(a) 140 (b) 116 (c) 20 (d) 0

42. The coefficient of mean deviation about mean for the first 9 natural numbers is
(a) 200/9 (b) 80 (c) 400/9 (d) 50
43. Compute the Modal group
Marks 60-62 63-65 66-68 69-71 72-74
No. of Students 15 118 142 127 18

(a) 66-68 (b) 69-71 (c) 63-65 (d) None

44. If Cov (u.v) = 3, 2 σu = 4.5, 2 σy = 5.5, then r(u,v) is:

(a) 0.347 (b) 0.603 (c) 0.07 (d) 0.121

45. The standard deviation of first n natural numbers is

𝒏𝟐 −𝟏
(a) [n(n+1) (2n+1)] /6 (b) (n2 – 1) / 12 (c) √ (d) n/2
𝟏𝟐

46. A group consists of 150 children. The group is divided into three subgroups viz., A, B and C, in the
ratio of 2:5:3 respectively. The average age of the children in the subgroup A is 8 years. The average
age of the children in the subgroup B is 10 years. The average age of the children in the subgroup C
is 12 years. What is the average age of all the 150 children in the group?
(a) 8.5 years (b) 9.2 years (c) 10.2 years (d)10.9 years

47. Find the number of observations between 250 and 300 from the following data
Value (greater than) 200 250 300 350
Frequency 56 38 15 0

(a) 56 (b) 23 (c) 15 (d) 8

48. The odds in favour of one student passing a test are 3:7. The odds against another student passing at
are 3:5. The probability that both pass is
(a) 7/16 (b) 21/80 (c) 9/80 (d) 3/16

49. Cost of sugar in a month under the heads Raw-materials, Labour, direct production and others were
12, 20, 35 and 23 units respectively. What is the difference between the central angles for the largest
and smallest components of the cost of sugar?
(a) 72o (b) 48o (c) 56o (d) 92o

50. Coefficient of quartile deviation is equal to

(a) Quartile deviation x 100/median
(b) Quartile deviation x 100/mean
(c) Quartile deviation x 100/mode
(d) None