B.Com In Financial Management SEM I 2019 2020 Nov 2020 BUSINESS MATHS Question Paper - Mumbai University | munotes

Questions asked in this paper

• (iii) Figures to the right indicate full marks to corresponding questions

1. Q1 State whether True or False.(Any 7) 7 marks
   • i. The units of a mutual fund must be purchased or redeemed in fractions
   • ii. | EMI consist of two parts:interest part and the principal part
   • iii. | The buyer has to pay the seller and the broker both The trade discount is calculated on List price
   • vi. list price cannot be calculated if only the rates of discounts & the net selling price are given
   • vii. | EMI Increases if the total payment period is increased
   • viii. |The return on a shareholders investment is called dividend
   • ix. |The amount of commission on agent receives is directly proportional to total transaction amount
   • x. effective rate of interest in an annuity is always less than its stated rate of interest
2. Q2 Vishal and Sunil are partners in a business. Shekhar receives 20% of the total profit, Vishal gets 75% of the remaining profit & Sunil gets the rest. If Sunil got Rs 48,000 as his share of profit find the total profit and the shares of Shekhar and Vishal 8 marks
   • B)A shopkeeper had a stock of 100 pairs of bangels with total cost of Rs 5,000. He sold 60 pairs with 20% profit, 30 pairs with 25% profit and remaining with 10% loss. Find 7
   • P) A merchant pays 10% commission on total sales and pays del credere at a rate of 4% on credit sales. If cash sales were Rs 4,500 and Credit Sales were Rs 7,000 find the total commission earned by the agent 8
   • Q)Income of A,B, C are in the ratio 7:9:12 and their expenditures are in the ratio 8:9:10. If A saves of his income, find the proportion of their savings 7
3. Q3 wanted to invest a certain amount in a bank at a certain rate of compound Interest. The bank promised to pay her Rs 73,205 if she invested it for 4 years and Rs 88,578.05, If she invested it for 6 years. Find the principal amount she wanted to invest and the rate of compound interest 8 marks
   • B)Anurag took a loan of Rs 60,000 with 10% interest per month, to be repayment in 5 months. Calculate the EMI using reducing balance. Also calculate the interest and the principal repayment components for each EMI 7
   • P)Anu deposited Rs 25,000 at the end of every year for 3 years. He received interest as 12% p.a. Componded quarterly. Find the effective rate of interest and 8
   • Q)Manisha deposits Rs 500 with 12% compound interest for 3 years final amount If. (i) payment is at end of each month
   • (ii) payment is at the end of each quarter purchased 560 shares of market price Rs 380 per share and afterwards (08) sold them with a market price of Rs 450per share. She had to pay 0.2% brokerage for both deals. Find the purchase and sales amount & also the profit she gained
   • B)Vaibhav invested Rs 73,500 partly in an 8% stock at Rs 150 and the renaming in a 5% stock at Rs 120. His incomes from these two stocks were in the ratio 4:3 How much did he invest in stocks 7
   • P)Viren invested Rs 28,000 in a Mutual fund on 7-04-2008 with NAV of RS 270.1425. He received a dividend @ Rs 8 per unit on 18-07-2008 with total gain of Rs 9,342.58. Find NAV at which he redeemed the units by considering 2.25% entery load and 1% exit load 8
   • Q)Calculate NAV of in the following case, No.of units = 10,000 , market valueof Government Securities = Rs 5 lakhs, market value of Corporate bonds = 10 lakhs, other Assets = Rs 50,000, Liabilities of the fund = Rs 80,000, payable by 7
4. Q5 Explain the term Proportion and types of proportion. 8 marks
   • b) Explain shares & types of shares. 7
5. Q5 Write any three short notes
   • b) Close Ended M.F. and Open end M.F. 5
   • c) Commission & Brokerage 5
   • e) What is Ratio? Types of Ratio 5

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