Cuet 2022
Cuet 2022
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Section A
1. Let A and B be two non zero square matrics and AB and BA both are defined. It (+5, -1)
means
d. Both matrices (A) and (B) does not have same order
2 −3
2. If A = [ ] , then which of the following statements are correct? (+5, -1)
3 5
A. A is a square matrix
B. A −1 exists
C. A is a symmetric matrix
D. |A| = 19
E. A is a null matrix
a. A, B, C only
b. A, D, E only
c. A, B, D only
d. C, D, E only
3. The number of all possible matrices of order 2 × 2 with each entry 0 or 1 is: (+5, -1)
a. 27
b. 18
c. 16
d. 81
1
a. 2 − e
1
b. 4 − e
1
c. e
1
d. 1 − e
a. (−∞, −1)
b. (−1, ∞)
c. (−∞, 1)
d. (1, ∞)
dx
6. ∫ is equal to (+5, -1)
x (x5 + 3)
∣ x5 ∣
a. 1
log +C
3 ∣ x5 +3 ∣
log ∣ x5x+3 ∣ + C
5
b. 1
15 ∣ ∣
∣ x5 ∣
c. 1
log +C
5 ∣ x5 +3 ∣
∣ x5 ∣
d. 1
25
log 5 +C
∣ x +3 ∣
x3
7. If ∫ dx = q(x) − log|x + 1| + C then q(x) is equal to: (+5, -1)
x+1
x3
a. q(x) = 3
+x
x2
b. q(x) = 2
−x
c. q(x) = x 2 − x + 1
x3 x2
d. q(x) = 3
− 2
+x
1
8. ∫
(|x − 2| + |x|) dx = (+5, -1)
−1
a. 7
b. 5
c. 4
d. 6
9. If a and b are order and degree of differential equation y" + (y') 2+ 2y = 0, then (+5, -1)
value of 2a + 6b, is:
a. 3
b. 4
c. 6
d. 10
10. The solution of the differential equation xdy − ydx = 0 represent family of (+5, -1)
11. For differential equation ye y dx = (xe y + y2 ) dy, y(0) = 1, the value of y is equal
x x
(+5, -1)
to:
a. e x/y + c
b. e 2 + c
c. e y - c
d. e
1
12. ∫ e∣x∣ dx = (+5, -1)
−1
a. 2(e −1 − 1)
b. 2(e + 1)
c. e − 1
d. 2(e − 1)
P(A ∪ B) = 7
12
, P(A) = 5
12
, P(B) = 3
12
Then P(A ∩ B) =
a. 1
2
b. 1
12
c. 1
6
d. 1
3
14. The probability distribution of X is: (+5, -1)
x 0 1 2 3 4
P(X = x) 0.1 2k k k 2k
Then var(X) =
3
a. 20
9
b. 4
141
c. 20
159
d. 80
2x + 3y ≤ 28
x + y ≤ 10
x, y ≥ 0 is
a. 36
b. 40
100
c. 3
d. 32
Mathematics
16. The number at unit place of number 17 123 is: (+5, -1)
a. 1
b. 3
c. 7
d. 9
LIST I LIST II
A. 3 3= b(mod 9) I. 4
b. A - II, B - III, C - I, D - IV
c. A - I, B - II, C - III, D - IV
d. A - III, B - I, C - IV, D - II
18. A mixture contains milk and water in the ratio 8 ∶ x. If 3 liters of water is added (+5, -1)
in 33 liters of mixture, the ratio of milk and water becomes 2 ∶ 1, then value of x
is:
a. 3 Litres
b. 4 Litres
c. 2 Litres
d. 11 Litres
19. A motorboat can travel in still water at the speed 15 km/h, while the speed of (+5, -1)
the current is 3 km/h. Time taken by boat to go 36 km upstream is:
a. 2 hr
b. 3 hr
c. 12 hr
d. 18 hr
20. Hari covers 100 m distance in 36 seconds. Ram covers the same distance in (+5, -1)
45 seconds. In a 100 m race, Hari ahead from Ram is
a. 20 m
b. 30 m
c. 25 m
d. 40 m
th
21. A pipe can empty ( 56 ) part of a cistern in 20 minutes. The part of cistern
(+5, -1)
which will be empty in 9 minutes is:
a. 3
5
b. 3
8
c. 4
5
d. 5
9
22. The system of linear inequalities 2x − 1 ≥ 3 and x − 3 > 5 has solution: (+5, -1)
a. (2, ∞)
b. (2, 8)
c. (8, ∞)
d. (−∞, 8)
A. (0, 1]
B. [1, 4]
C. (4, ∞)
D. (−1, 0)
E. (−∞, 0)
a. A and B only
b. C and E only
c. B and C only
d. D and E only
⎡ x y z ⎤
24. If 2 u v is skew symmetric matrix, then value of x 2+ y 2+ z 2+ u 2+ v (+5, -1)
⎣ −1 w ⎦
6
2+ w 2is:
a. 1
b. 4
c. 36
d. 41
a. e nx
b. n 2 e nx
c. ny
d. n n y
26. The total revenue (in Rs.) received by selling 'x' units of a certain products is (+5, -1)
given by: R(x) = 4x 2+ 10x + 3.
a. Rs. 130
b. Rs. 170
c. Rs. 173
d. Rs. 360
a. −1
b. 0
c. 1
d. 2
x 0 1 2
P(X = x) 4
9
4
9
1
9
a. 4
b. 9
c. 10
d. 17
29. In a game, a child will win Rs 5 if he gets all heads or all tails when three coins (+5, -1)
are tossed simultaneously and he will lose Rs 3 for all other cases. The
expected amount to lose in the game is
a. Rs. 0
b. Rs. 0.8
c. Rs. 1
d. Rs. 2
30. The Probability mass functions of Random variable X is: (+5, -1)
a. 0.60
b. 0.124
c. 0.244
d. 0.240
LIST I LIST II
a. A - III, B - I, C - II, D - IV
b. A - II, B - III, C - I, D - IV
c. A - III, B - IV, C - I, D - II
32. Given that ∑p 0q 0= 700, ∑p 0q 1= 1450, ∑p 1q 0= 855 and ∑p 1q 1= 1300. Where (+5, -1)
subscripts 0 and 1 are used for the base year and a current year respectively.
The Laspeyer's price index number is:
a. 118.46
b. 119.35
c. 120.23
d. 122.14
33. If y = a + b(x − 2005) fits the time series data: (+5, -1)
y (yield in tons): 6 13 17 20 24
a. 16
b. 20.3
c. 43
d. 80.3
A. If discount rate > coupon rate, then present value of a bond > face value
C. The issuer of bond pays interest at fixed interval at fixed rate of interest to
investor is called coupon payment
E. The issues of bond repays the principle i.e. face value of the bond to the
investor at a later date termed as maturity date
a. A, C, E only
b. A, B, D only
c. B, C, E only
d. A, B, C only
Principle + Interest
A. EMI in flat rate method, EMI = Number of Payment
i
B. EMI in reducing balance method, EMI = P × 1+(1+i)n where P = Principle. i =
interest rate, n = no. of payments
2
a. A and B only
b. B and C only
c. A and C only
d. C and D only
36. Mr. Dev wishes to purchase an AC for Rs. 45, 000 with a down payment of Rs. (+5, -1)
5000 and balance in EMI for 5 years. If Bank charges 6% per annum
compounded monthly then monthly EMI is: (use 0.005
1−(1,005)−60
= 0.0194)
a. Rs. 776
b. Rs. 700
c. Rs. 737
d. Rs. 673
37. The cost of a machine is Rs. 20,000 and its estimated useful life is 10 years. The (+5, -1)
scrap value of the machine, when its value depriciates at 10% p.a, is:
a. Rs. 9672
b. Rs. 7000
c. Rs. 6982
d. Rs. 3500
38. One of the following is true for the relation between sample mean (x̅ ) and (+5, -1)
population mean (μ).
39. Below are the stages for Drawing statistical inferences. (+5, -1)
A. Sample
B. Population
C. Making Inference
D. Data tabulation
E. Data Analysis
a. B, D, A, E, C
b. A, B, D, C, E
c. B, A, D, E, C
d. D, B, A, C, E
40. Corner points of the feasible region for an LPP, are (0, 2), (3, 0), (6, 0) and (6, (+5, -1)
8). If z = 2x + 3y is the objective function of LPP then max. (z)-min.(z) is equal
to:
a. 30
b. 24
c. 21
d. 9
41. Sitaram, a money lender lent a part of Rs. 200000 to Shyam at simple interest (+5, -1)
6% p.a. and the remaining to Sushil at 10% p.a. at simple interest. Sitaram
earned an annual interest income of Rs. 18000. Based on the given information
answer the following questions:
a. 6% p.a.
b. 8% p.a.
c. 9% p.a.
d. 16% p.a.
42. Sitaram, a money lender lent a part of Rs. 200000 to Shyam at simple interest (+5, -1)
6% p.a. and the remaining to Sushil at 10% p.a. at simple interest. Sitaram
earned an annual interest income of Rs. 18000. Based on the given
information answer the following questions:
In what ratio did Sitaram lent the money at 6% p.a. and 10% p.a.
respectively?
a. 1 ∶ 3
b. 3 ∶ 1
c. 2 ∶ 3
d. 3 ∶ 5
43. Sitaram, a money lender lent a part of Rs. 200000 to Shyam at simple interest (+5, -1)
6% p.a. and the remaining to Sushil at 10% p.a. at simple interest. Sitaram
earned an annual interest income of Rs. 18000. Based on the given
information answer the following questions:
a. Rs. 150000
b. Rs. 75000
c. Rs. 50000
d. Rs. 12000
44. Sitaram, a money lender lent a part of Rs. 200000 to Shyam at simple (+5, -1)
interest 6% p.a. and the remaining to Sushil at 10% p.a. at simple interest.
Sitaram earned an annual interest income of Rs. 18000. Based on the given
information answer the following questions:
a. Rs. 20,000
b. Rs. 50,000
c. Rs. 75,000
d. Rs. 1,50,000
45. Sitaram, a money lender lent a part of Rs. 200000 to Shyam at simple (+5, -1)
interest 6% p.a. and the remaining to Sushil at 10% p.a. at simple interest.
Sitaram earned an annual interest income of Rs. 18000. Based on the given
information answer the following questions:
What is the ratio of the interest paid by Shyam and Sushil respectively
a. 1 ∶ 3
b. 1 ∶ 5
c. 3 ∶ 5
d. 2 ∶ 3
A cable network provider in a small town has 500 subscribers and he used to
collect Rs. 300 per month from each subscriber. He proposes to increase the
monthly charges and it is believed from the past experience that for every
increase of Rs. 1, one subscriber will discontinue the service. Based on the
above information, answer the following question:
a. x
b. 500 − x
c. x − 500
d. 500
b. R = (300 + x) (500 + x)
c. R = (300 + x) (500 − x)
d. R = 300x + 500 (x + 1)
A cable network provider in a small town has 500 subscribers and he used to
collect Rs. 300 per month from each subscriber. He proposes to increase the
monthly charges and it is believed from the past experience that for every
increase of Rs. 1, one subscriber will discontinue the service. Based on the
above information, answer the following question:
a. 100
b. 200
c. 300
d. 400
A cable network provider in a small town has 500 subscribers and he used to
collect Rs. 300 per month from each subscriber. He proposes to increase the
monthly charges and it is believed from the past experience that for every
increase of Rs. 1, one subscriber will discontinue the service. Based on the
above information, answer the following question:
a. 100
b. 200
c. 300
d. 400
A cable network provider in a small town has 500 subscribers and he used to
collect Rs. 300 per month from each subscriber. He proposes to increase the
monthly charges and it is believed from the past experience that for every
increase of Rs. 1, one subscriber will discontinue the service. Based on the
above information, answer the following question:
a. Rs. 200000
b. Rs. 180000
c. Rs. 160000
d. Rs. 150000
Answers
1. Answer: c
Explanation:
Given:
Calculations:
Hence, Both matrices (A) and (B) have same order is Correct.
2. Answer: c
Explanation:
2 −3
A . In the above matrix A = [ ] , we can see, the number of rows and columns
3 5
are 2 respectively. Since the order of the matrix is 2 × 2, hence A is a square matrix.
Det A = (2 × 5) - (3 × -3) = 10 + 9 = 19
∴ |A| = 19
C.To know if a matrix is symmetric, find the transpose of that matrix. If the transpose
of that matrix is equal to itself, it is a symmetric matrix. That is A = A T
[ ] [ ]
2 −3 2 3
Here A = [ ] then A T = [ ]
3 5 −3 5
Here, A ≠ A T
E. Null Matrix : If in a matrix all the elements are zero then it is called a null matrix. It is
also called a zero matrix. Here we can see A is not null matrix.
3. Answer: c
Explanation:
The number of possible entries of 2 × 2 matrix is 4 Every entry has two choice, 0 or 1.
2×2×2×2=24
= 16
4. Answer: b
Explanation:
Calculation:
y = (1/x ) x
log y = x log(1/x)
log y = x(-log x)
Differentiate with respect to y
ee ( ddxy2 )
2
= 4 -1/e
x=e
5. Answer: c
Explanation:
Concept:
Calculation:
⇒ f'(x) = 2x - 2 < 0
⇒x<1
⇒ x ∈ (−∞, 1)
6. Answer: b
Explanation:
Calculations:
∫1/x((x 5)+3)dx
u = x 5+3
du = 5x 4 dx
By partial Fraction
∣ x5 ∣ ∣ x5 ∣
= 1/15 (Log u-3)/log u = 1 1
5 3
log 5 +C = 1
log 5 +C
∣ x +3 ∣ 15 ∣ x +3 ∣
7. Answer: d
Explanation:
x3
∫ is simplified as x3
3
− x2
2
+ x − log(1 + x) + c = q(x) − log|x + 1| + C
x+1
x3 x2
Then, q(x) = 3
− 2
+x
8. Answer: b
Explanation:
Calculation:
The integral of the absolute value function requires splitting the integral into separate
parts where the function inside the absolute value is positive and where it's negative.
1 1 1
∫−1 (∣x − 2∣ + ∣x∣) dx = ∫−1 ∣x − 2∣ dx + ∫−1 ∣x∣ dx
This splits into three integrals because the absolute value functions changes at x=0
and x=2. However, since our upper limit is 1, we only consider x=0:
1 0 1 0 1
∫−1 (∣x − 2∣ + ∣x∣) dx = ∫−1 −(x − 2) dx + ∫0 (2 − x) dx + ∫−1 −x dx + ∫0 x dx
x2 1 2 2
= [2x − ]
2 −1
+ +[− x2 ]0−1 + [ x2 ]10
=5
1
So, ∫−1 (∣x − 2∣ + ∣x∣) dx = 5
9. Answer: d
Explanation:
10. Answer: c
Explanation:
Concept:
∫ f (x) dx = ∫ g (y ) dy
Calculation:
xdy = ydx
dy dx
y
= x
dy dx
∫ y =∫ x
ln y = ln x + ln c
⇒ ln(y) = ln cx
⇒ y = cx
Solution of the differential equation represents straight line passing through origin.
11. Answer: a
Explanation:
Calculation:
ye y dx = (xe y + y2 ) dy
x x
x x
dx
⇒ yxe y dy = xe y + y2
⇒ e y [y. dy − x] = y2
x
dx
x [y. dy
dx −x
]
⇒ ey . = 1 ......(1)
y2
x
Let e y = z
(e y ) =
x
d
dz
dy
dy
( yx ) =
x
d dz
⇒ e y . dy
dy
⇒ ey [ ]
dx
x y. dy −x
= dz
........(2)
y2 dy
dz
dy
=1
z = y+C
x
⇒ ey = y + C
12. Answer: d
Explanation:
Calculations:
0 1
∫ e−xdx + ∫ exdx
−1 0
0
[−e−x ]−1 + [ex ]10
-(1 - e) + (e 1 - 1)
-1 + e + e - 1
2e - 2
2 (e + 1)
13. Answer: b
Explanation:
Concept:
Calculation:
Given:
P(A) = 5
12
, P(B) = 3
12
and P (A ∪ B) = 7
12
⇒ P (A ∩ B) = 5
12
+ 3
12
− 7
12
= 1
12
14. Answer: d
Explanation:
Key Points
As we know that ∑P =1
Therefore, 0.1 + 2k + k + k + 2k = 1 ⇒ 6k = 0.9 ⇒ k = 0.15
Mean of the given data (m ) = ∑ X P = 0 × 1 + 1 × 2 × 0.15 + 2 × 0.15 + 3 × 0.15 + 4 × 2 ×
0.15 = 0 + 0.3 + 0.3 + 0.45 + 1.2 = 2.25
Hence, m 2 = (2.25) 2= 5.0625
The variance of the given data, var(X) =∑X 2P − m 2
∑X 2 P = 02 × 0.1 + 12 × 2 × 0.15 + 22 × 0.15 + 32 × 0.15 + 42 × 2 × 0.15 = 0.3 + 0.6 + 1.35 +
4.8 = 7.05
∑X 2P − m 2 = 7.05 − 5.0625 = 1.9875 = 159
80
Hence, var(X) = 80 h
159
15. Answer: b
Explanation:
Calculations:
2x + 3y = 28
x + y = 10
At (0, 9.3) value of z = 4x + 2y is 18.6.
At (0, 0) value of z = 4x + 2y is 0.
16. Answer: b
Explanation:
Calculation :
7 1 = 7 ,Unit digit is 7
7 2 = 49 ,Unit digit is 9
17. Answer: b
Explanation:
Concept used:
The expression "a = b mod n" means that the remainder obtained when b is divided by
n is assigned to the variable a. In other words, "mod n" is the modulo operation, which
calculates the remainder of the division of b by n.
Calculation:
18. Answer: a
Explanation:
Calculation:
Let's denote the original volume of milk in the mixture as M (in liters) and the original
volume of water as W (in liters). From the problem, we know that:
1) M/W = 8/x.
3) After adding 3 liters of water, the ratio of milk to water is 2:1, so M / (W + 3) = 2/1.
33 - W = 2 × (W + 3)
33 - W = 2W + 6
33 - 6 = 2W + W
27 = 3W
W = 27 / 3 = 9 liters.
M / 9= 8 / x
M = (8/ x) × 9
(8/ x) × 9 + 9 = 33
(72 / x) + 9 = 33
72 / x = 33 - 9 = 24
x = 72 / 24
x = 3.
19. Answer: b
Explanation:
Concept use:
speed of the boat while going upstream is the speed of the boat in still water minus
the speed of the current.
Calculation:
When the motorboat goes upstream, it moves against the current, so the effective
speed of the boat is reduced. The effective speed of the boat while going upstream is
the speed of the boat in still water minus the speed of the current.
In this case, the speed of the boat in still water is 15 km/h, and the speed of the
current is 3 km/h. So, the effective speed of the boat while going upstream is:
The time it takes to travel a certain distance is the distance divided by the speed. So,
the time it takes for the boat to go 36 km upstream is:
36 km / 12 km/h = 3 hours
20. Answer: a
Explanation:
A cover the Distance of 100m in 36 sec and B cover the Distance of 100m in 45sec
So, A beats B by 20 m
21. Answer: b
Explanation:
Calculations:
22. Answer: a
Explanation:
2) x - 3 >=5 ⇒ x > 2
23. Answer: b
Explanation:
To find the values of x that satisfy the inequality |3x| ≥ |6 - 3x|, we need to consider
different cases based on the possible signs of the expressions inside the absolute
value functions.
Case 1: Both expressions are non-negative (3x ≥ 0 and 6 - 3x ≥ 0) This implies x ≥ 0 and
x ≤ 2.
Subcase 1.1: x ∈ [0, 2] In this case, we have the inequality 3x ≥ 6 - 3x, which simplifies to:
6x ≥ 6 x ≥ 1
Case 2: Both expressions are non-positive (3x ≤ 0 and 6 - 3x ≤ 0) This implies x ≤ 0 and
x ≥ 2.
This case is not possible, as x cannot be both less than or equal to 0 and greater than
or equal to 2 simultaneously.
Case 3: One expression is non-negative, and the other is non-positive (3x ≥ 0 and 6 -
3x ≤ 0) This implies x ≥ 0 and x ≥ 2.
Case 4: One expression is non-positive, and the other is non-negative (3x ≤ 0 and 6 -
3x ≥ 0) This implies x ≤ 0 and x ≤ 2.
Combining the results from the cases above, the values of x that satisfy the inequality
|3x| ≥ |6 - 3x| are:
24. Answer: d
Explanation:
Concept used:
An odd order Skew Symmetric matrix having 0 at its diagonal and aij = -aji
Calculations:
2 = -y ⇒ y = -2
z = -(-1) = 1
v = -6
25. Answer: d
Explanation:
Calculations:
Explanation:
Concept:
Marginal revenue is the rate of change total revenue with respect to the number of
items sold at an instant.
MR = dR
dx
Calculation:
∴ Marginal revenue, MR = dR
dx
= d
dx
(4x2 + 10x + 3)
= 8x + 10
27. Answer: c
Explanation:
Concept:
1) The critical point of a function is the point where its first derivative is 0.
2) A function has minima if its second derivative at a critical point is greater than 0.
Calculation:
Let f(x) = x 2 – 8x + 17
∴ f'(x) = 2x - 8
⇒ 2x - 8 = 0
⇒x=4
f(4) = 4 2 - 8 × 4 + 17 = 1
28. Answer: c
Explanation:
Key Points
Hence, 9μ + 4 = 9 × 6
9
+ 4 = 6 + 4 = 10
Therefore, the required value is 10.
Additional Information
Explanation:
Key Points
Let X be the amount received by the person. Then, X can take values 5 and -3 such
that
P( X = 5) = Probability of getting all heads or all tails when three coins are tossed.
P( X = 5) = 82 = 41
P( X = - 3) = Probability of getting one or two heads
P(X = -3) = 86 = 43
Therefore, expected amount to win, on the average, per game is =X= ∑pixi = 5×41+
(−3)×43 =−1
Thus, the person will, on average, lose Rs. 1 per toss of the coins.
30. Answer: d
Explanation:
Key Points
To find the variance of a random variable X, we need to know its expected value or
mean first. The expected value of X can be calculated as E(X) = ∑x P(X=x)
So, for this probability mass function: E(X) = 0(0.4) + 1(0.6) = 0.6
Now, to calculate the variance, we can use the formula: Var(X) = E(X 2) - [E(X)] 2
So, we need to find E(X 2) first. E(X 2) = ∑x (X 2) P(X=x). For x=0, X 2= 0, so we
have: E(X 2) = (0) 2(0.4) + (1) 2(0.6) = 0.6
Now we can substitute E(X) and E(X 2) in the formula for variance: Var(X) = E(X 2) -
[E(X)] 2= 0.6 - (0.6) 2= 0.24
Therefore, the variance of X is 0.240
31. Answer: d
Explanation:
Key Points
32. Answer: d
Explanation:
The correct answer is 122.14
Key Points
∑ P0 Q0 700
= 122.14 (approx)
Additional Information
Definition: The Laspeyres price index is a method used to measure the changes in the
cost of a fixed basket of goods and services over time. It is named after its creator,
the German economist Étienne Laspeyres.
Calculation: The Laspeyres Index is calculated by dividing the cost of a group of
commodities at current prices by the cost of the same group of commodities at
base period prices, and then multiplying the result by 100. It should be noted that the
base period index number is always set as 100 by the Laspeyres Index, which is used
as a benchmark for comparing the changes in prices over time.
Formula: Laspeyer's Price Index number = ∑ P1 Q0
× 100
∑ P0 Q0
33. Answer: b
Explanation:
Key Points
To find the values of a and b using the least square method, we need to minimize the
sum of the squared errors between the predicted values and the actual values:
x y X=x - 2005 X2 Xy
2003 6 -2 4 -12
2004 13 -1 1 -13
2005 17 0 0 0
2006 20 1 1 20
2007 24 2 4 48
Therefore,
Σy
a= n = 80/5 = 16
∑ X⋅y
b= ∑ X2
= 43/10 = 4.3
Thus, a + b = 16 + 4.3 = 20.3
Hence, the required answer is 20.3
34. Answer: c
Explanation:
Explanations:
A. Incorrect. If the discount rate (or required yield) is greater than the coupon rate,
the present value of a bond is less than its face value, not more. This is because the
fixed payments from the bond (the coupons and the face value at maturity) are
being discounted at a higher rate, which reduces their present value.
B. Correct. An annuity that makes a periodic payment that begins on a certain date
and continues forever is indeed called a perpetuity.
C. Correct. The issuer of a bond pays interest at fixed intervals at a fixed rate to the
bondholder, and this is indeed referred to as the coupon payment.
35. Answer: c
Explanation:
Calculations:
A. True . In the flat rate method of calculating EMI (Equated Monthly Installment), the
EMI is calculated as (Principal + Total Interest) / Number of Payments. The principal
and interest are summed and then divided by the term of the loan in months to
obtain the EMI. This method is relatively simple but does not take into account that
the principal amount outstanding reduces with each payment.
B. False. The formula for EMI in the reducing balance method, which takes into
account that the principal outstanding reduces with each payment, is more complex
than that stated. The correct formula is: EMI = P × i
1+(1+i)n
, where P = Principal loan
amount, r = monthly interest rate, n = number of monthly installments.
C. True. In a sinking fund, a fixed amount of money is set aside at regular intervals in a
separate account. This is done to repay a debt or replace a future capital asset.
D. False. The formula for yield to maturity (YTM) is more complex than the one
stated. The YTM is the discount rate at which the sum of all future cash flows (both
interest and principal payments) would equal the current market price of the bond.
The precise calculation involves solving for the discount rate in a present value cash
flow equation and typically requires numerical methods. The formula given is more of
an approximation and is not correctly stated.
36. Answer: a
Explanation:
Concept:
Calculation:
Given, Total cost of AC = Rs. 45,000 and Down payment = Rs. 5,000
⇒ P = Rs. 40,000
⇒ i = 6% / 12 = 0.06 / 12 = 0.005
∴ EMI = P × i
1−(1+i)−n
0.005
= 40,000 × 1−(1+0.005)−60
= 40,000 × 0.005
1−(1.005)−60
= 40,000 × 0.0194
= 776
37. Answer: b
Explanation:
Calculations:
The depreciation of the machine is calculated using the given depreciation rate of
10% per annum, which means the value of the machine reduces to 90% (or 0.9) of its
current value each year.
Given that the machine's initial cost is Rs. 20,000, the machine's value after 10 years is
calculated by multiplying the initial cost by (0.9)^10. As provided, (0.9)^10 is
approximately 0.35. So:
Value of machine after 10 years = Initial cost × (0.9) 10 = Rs. 20,000 × 0.35 = Rs.
7,000.
So, the scrap value of the machine after 10 years, when its value depreciates at 10%
p.a, is Rs. 7,000.
38. Answer: d
Explanation:
The correct answer is|x̅ − μ| decreases when increase the size of samples
Key Points
Both population mean and sample mean can behave differently with changes in
sample size.
As the sample size increases , the sample mean becomes a better estimator of the
population mean, and the sampling variability decreases. This means that the
sample mean is more likely to be closer to the population mean , and there is less
uncertainty in the estimate. However, even with large sample sizes, there is still some
variability in the estimate due to random sampling, and the sample mean may not be
exactly equal to the population mean.
⇒ |x̅ − μ| decreases when increasing the size of the samples.
39. Answer: c
Explanation:
Key Points
Hence, B, A, D, E, and C is the correct order of the stages for drawing statistical
inferences
40. Answer: a
Explanation:
Concept:
Objective function: Linear function Z = ax + by, where a, b are constants, which has to
be maximized or minimized is called a linear objective function.
In the above example, Z = ax + by is a linear objective function. Variables x and y are
called decision variables .
Calculations:
z = 2x + 3y = 2 × 0 + 3 × 2 = 6
(0, 2) 6 (min)
(3, 0) 6 (min)
(6, 0) 12
(6, 8) 36 (max)
41. Answer: b
Explanation:
Calculation:
42. Answer: a
Explanation:
Calculation:
10(200000−x)
and, Interest to be paid by Sushil = 100
10(200000−x)
⇒ Total interest = 6x
100
+ 100
= 18000 (given)
⇒ 6x + 10(200000 - x) = 1800000
⇒ 200000 = 4x
⇒ x = 50,000
∴ Ratio at which Sitaram lent the money at 6% p.a. and 10% p.a. respectively is 1 ∶ 3.
43. Answer: c
Explanation:
Calculation:
10(200000−x)
and, Interest to be paid by Sushil = 100
⇒ Total interest = 6x
100
+ 10(200000−x)
100
= 18000 (given)
⇒ 6x + 10(200000 - x) = 1800000
⇒ 200000 = 4x
⇒ x = 50,000
44. Answer: d
Explanation:
Calculation:
10(200000−x)
and, Interest to be paid by Sushil = 100
10(200000−x)
⇒ Total interest = 6x
100
+ 100
= 18000 (given)
⇒ 6x + 10(200000 - x) = 1800000
⇒ 200000 = 4x
⇒ x = 50,000
45. Answer: b
Explanation:
Calculation:
10(200000−x)
and, Interest to be paid by Sushil = 100
10(200000−x)
⇒ Total interest = 6x
100
+ 100
= 18000 (given)
⇒ 6x + 10(200000 - x) = 1800000
⇒ 200000 = 4x
⇒ x = 50,000
10(200000−50000)
and, Interest paid by Sushil = 100
= Rs. 15000
∴ Ratio at which Sitaram lent the money at 6% p.a. and 10% p.a. respectively is 1 ∶ 5.
46. Answer: b
Explanation:
Calculation:
Given, cable network provider in a small town has 500 subscribers nd he used to
collect Rs. 300 per month from each subscriber.
Now, for every increase of Rs. 1, one subscriber will discontinue the service.
47. Answer: c
Explanation:
Calculation:
According to the question, for every increase of Rs. 1, one subscriber will discontinue
the service.
48. Answer: d
Explanation:
Calculation:
⇒ R = 150000 + 200x - x 2
⇒ 0 + 200 - 2x = 0
⇒ x = 100
⇒ x = 100 is a maxima.
49. Answer: a
Explanation:
Calculation:
⇒ R = 150000 + 200x - x 2
⇒ 0 + 200 - 2x = 0
⇒ x = 100
⇒ x = 100 is a maxima.
50. Answer: c
Explanation:
Calculation:
⇒ R = 150000 + 200x - x 2
⇒ 0 + 200 - 2x = 0
⇒ x = 100
⇒ x = 100 is a maxima.
= 400 × 400
= Rs. 160000