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Foundation PN-3 FBMS Quiz 1

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Created on By CA Sonal Saboo

CMA Foundation

Foundation FBMS PN-3 Quiz 1

This quiz is based on the CMA Fundamentals of Business Mathematics and Statistics  paper.
Each question is multiple-choice with 4 options, and only 1 option is correct.
Attempt the quiz to test your understanding of CMA FBMS concepts.

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Category: Fundamental of Business Mathematics and Statistics PN-3

1. Identify    the           type         of             series: 1+2+3+4+5 :

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Category: Fundamental of Business Mathematics and Statistics PN-3

2. The First term is 748, Last Term is 28, and the value between two consecutive terms is 9 deducted, find the number of terms in the series.

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Category: Fundamental of Business Mathematics and Statistics PN-3

3. For the given series: 66, 71, 76, 81, 86,  91,  96  ….666,  671,  676. With ‘n’ terms in the series, what will be the value of ‘d’ ?

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Category: Fundamental of Business Mathematics and Statistics PN-3

4. Find the next 6 terms for the series: 128, 139, 150, 161, 172, 183.

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Category: Fundamental of Business Mathematics and Statistics PN-3

5. Which term of the series would be 82?

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Category: Fundamental of Business Mathematics and Statistics PN-3

6. What would be the sum of the first 11 terms of the series?

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Category: Fundamental of Business Mathematics and Statistics PN-3

7. What would be the value of the 9th term?

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Category: Fundamental of Business Mathematics and Statistics PN-3

8. A Laptop depreciated in value each year at 15% of its previous value and at the end of fourth year, the value was `36,331. Find its original value.

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Category: Fundamental of Business Mathematics and Statistics PN-3

9. Accumulated series of deposits as future sum money is classified as

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Category: Fundamental of Business Mathematics and Statistics PN-3

10. A loan of `20,000 has been issued for 5 years. Compute the amount to be repaid to the lender if simple interest is charged @ 8% per year.

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Category: Fundamental of Business Mathematics and Statistics PN-3

11. A buys a shop for `48,750 down payment and `60,000 after one year. If the money is worth 10% per year compounded half-yearly. Find the purchase price of the shop.

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Category: Fundamental of Business Mathematics and Statistics PN-3

12. Mr. Singh deposits `2,000 at the beginning of each year for 5 years. How much do these accumulate at the end of 5th year at an interest rate of 6%?

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Category: Fundamental of Business Mathematics and Statistics PN-3

13. What sum will amount to `5480 in 6 years at 10% p.a. compound interest payable half-yearly?

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Category: Fundamental of Business Mathematics and Statistics PN-3

14. AB LLP is expecting to receive a certain sum of money five years from now. If the present value of this sum is `38,400 at current market interest rate of 6% when the interest is compounded monthly, then how much amount they will receive after 5 years?

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Category: Fundamental of Business Mathematics and Statistics PN-3

15. Find two numbers whose mean proportional is 8 and the 1st number is square of the 2nd number.

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Category: Fundamental of Business Mathematics and Statistics PN-3

16. If a Stadium having spectators divided into groups of Young Generation and Old Generation and the number of young spectators are 1525 and old spectators are 1875. Find the ratio of Total Spectators to Young Spectators.

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Category: Fundamental of Business Mathematics and Statistics PN-3

17. If 4, 6, p, 27, q are in continued proportion, find the values of p and q.

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Category: Fundamental of Business Mathematics and Statistics PN-3

18. A class consists of 48 male students and 23 female students. Find the ratio of female students to total strength of the class :

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Category: Fundamental of Business Mathematics and Statistics PN-3

19. Find the Duplicate ratio of 8a :  √(4b)

 

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Category: Fundamental of Business Mathematics and Statistics PN-3

20. Find the third proportional to 6 ¼ and 5

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Category: Fundamental of Business Mathematics and Statistics PN-3

21. Find the compounded ratio of: 15: 8 and 18: 5

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Category: Fundamental of Business Mathematics and Statistics PN-3

22. Find the fourth proportional to 6, 8, 9 is:

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Category: Fundamental of Business Mathematics and Statistics PN-3

23. The ratio of the number of faces to the number of edges of a box is :

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Category: Fundamental of Business Mathematics and Statistics PN-3

24. When the number 1580 is increased in the ratio 5: 9, the new number is :

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Category: Fundamental of Business Mathematics and Statistics PN-3

25. Two numbers are in the ratio 7: 9, if the sum of the numbers is 288, then the smaller number is :

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