B.Com In Banking & Insurance (BCBI) Sem II 2016 2017 Feb 2017 ATKT QM II Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q1 A) Fill in the blanks by choosing correct options. - 5 marks
   • 1. The sub triplicate ratio of 27:8 is
   • 2. 55% of 2400 is
   • a) 132 b) 1320 c) 1200 d) none of these
   • 3. The compgund interest on Rs. 2000/- for three years at the rate of 5%p.2. compounded
   • 4. The difference between compound and simple intrest on Rs. 3000/- at 10%p.a. for 2 years is Rs 7 a) 3 b) 30 c) 300 d) none of these
   • 5. An annuity in which each payment is made at the end of time period is called
   • B) State True of False. 5
   • i) If the interest is charged only on the principal, then it is called simple interest
   • ii) The forth proportional to 1,4 and 16 is 64
   • iii) The present value is always greater than the future value
   • v) Percentage is ratio with 100 as its denominator
   • C) Define the terms. 5
2. Q2 A) Find the matrix X such that 2X B where rw B) Solve the following equations simultaneously using reduction method. (8) Verify that AX (BX C)=(AXB)XC (7) 7 marks
   • Q) Solve the following equations simultaneously using matrix inversion method. in a business. At the end of the year C incurred a loss of Rs. 7,500/- as his share Find A’s and B’s share of loss 8
   • B) Find the simple interest on Rs. 50,000/- from 14" November 2006 to March 2007 at 10% per annum 5
   • C) A Shop keeper bought 2 tables at a cost of Rs. 8200/- each. She sold 1 table at 8% profit and other at 3% loss. Find the total percentage of total gain or loss loan of Rs. 1,00,000/- is to be returned in four equal monthly installments (8) at 12% per annum. i) Calculate EMI using reducing balance method 5
   • ii) Calculate for each month the break up of EMI into interest payment nad
   • Q) A person has to pay an institution Rs. 45,000/- at the end of 2 years and Rs. 10,000/- at the end of 3 years from now. If he decides to settle the payments now, what is the present value at interest compounded 8% per annum 7
3. Q4 project P and Q verifying their acceptability 16% per annum interest rate Cash Flow for Project P (Rs) 35000 | 40000
   • B) The number of PCs sold by a company is as follows. trend line for this data and estimate the demand for PCs for year 2001 factory requires 1500 units of an item per month, each costing Rs. 27/-. (8) The cost per order iS Rs. 150/- and the inventory carrying charges workout to be 20% the average inventory. Find out the economic order, quantity and the number of orders per year 7
   • Q) The Sales turnover and Profit during two periods were as follows. You are required to compute the following assuming that the fixed Cost remains the same in both the period 7
   • i) Profit Volume Ration ‘
   • iii) The amount of Profit/Loss when Sales Rs. 10,00,000/ briefly EMI using reducing balance method and flat interest rate method (8
   • B) Explain briefly Net present value Explain the concept of debt service ratio (8) 7
   • Q) Write a note on properties of matrix multiplication 7

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