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This exam paper is for Quantitative Methods. This course is important because of general tests like GRE for further studies. This exam paper includes: Basic, Qualitative, Methods, Expression, Distance, Covered, Weekly, Wages, Compounded, Semi-annually, Overheads, Linear, Inequalities
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Q.1 (a) If log xy = 0.9 and log x/y = 0.5, find the following, without using a calculator/table:
(b) Factorize the following expression to its simplest form:
Q.2 (a) Ali walked a certain distance on the first of February 2009. On each successive day he walked 100 meters more than the previous day. If the total distance covered by him in 28 days is 51.8 km, find the distance covered by him on: (i) the first day (ii) the last day (04)
(b) Asif works in a factory where wages are paid on weekly basis. The overtime rate is higher than the normal rate. In addition, the overtime in excess of eight hours per week is paid at a rate which is double the rate applicable to the first eight hours of overtime. The related data is as follows:
Normal Hours Overtime Hours Pay Received (Rs.) 1 st^ week of Feb’ 09 45 10 1, 2 nd^ week of Feb’ 09 40 15 1,
Find the normal and overtime rates per hour. (05)
Q.3 (a) A company is considering a project which requires an investment of Rs. 1,200, now and Rs. 300,000 at the end of the 1st^ year. It will earn Rs. 200,000 at the end of 2 nd^ year and thereafter it will earn a fixed annual amount up to the 7th^ year.
If interest rate is 11%, find the amount that the project should earn annually i.e. from year 3 to year 7 if the company desires to earn a net present value of Rs. 100,000. (07)
(b) Younus Limited (YL) has borrowed an amount of Rs. 100,000 at an interest of 10% per annum compounded semi-annually. To pay off the loan at the end of four years, YL has created a sinking fund, which yields a return of 8% per annum compounded quarterly. Determine the amount which YL must deposit at the end of each quarter, in the sinking fund, to settle the loan at the end of four years? (05)
Q.4 (a) If y = xex^ log x , show that:
(b) The cost of manufacturing x units of an item consists of the following: Material : Rs. 2 per unit
Overheads: Rs. 1000
Determine the number of units that should be produced in order to minimize the average cost. (06)
Q.5 (a) Find the value of K , if:
and
(b) A furniture firm makes chairs and tables on three machines M1, M2 and M3. The detail of number of hours required per unit and total hours available on each machine is as follows:
Time in hours Machine Chair Table
Available time M1 3 3 36 M2 5 2 50 M3 2 6 60
Draw the graph of linear inequalities and indicate the feasible region by proper shading. (08)
Q.6 (a) The mean and standard deviation of a sample of 100 observations were found to be 104 and 4.7 respectively. Later, error was detected in three records as enumerated below:
S. No. (^) (as per original record)Correct Figure (for computation)Amount Taken
58 151 115 72 78 87 89 98 89
Find the correct mean and standard deviation. (05)
(b) Consider the following Stem-and-leaf display:
4 2 3 4 6 7 8 9 9 5 0 1 1 1 1 1 2 2 4 4 4 4 4 5 5 5 5 5 6 6 6 7 7 7 7 8 8 6 0 1 1 1 2 4 4 6 5 8 9
(i) For the data given above, determine: