cameroon gce intermediate level business mathematics 2

cameroon gce intermediate level business mathematics 2

cameroon gce intermediate level business mathematics 2

SECTION A
ANSWER BOTH QUESTIONS
1. (a) A bag contains red and white balls. The probability of selecting red ball is 5/12 and that of selecting a white
ball is 7/12. Determine

i.
ii.
iii.
The total number of balls in the bag.
The probability of selecting two white balls without replacement.
The probability of selecting a red and a white ball with replacement.
(3 marks)
(4 marks)
(4 marks)

b) Study the pie chart below and answer the questions that follows:
i. Calculate Ngum’s angle.
(3 marks)
ii. If 1,620,000 FCFA was shared to four of them, calculate each person’s share. (4 marks)
______________________________________________________________________________
2. a) Four partners want to start up a business with their contributions in the ratio 3:5:6:2. Given that the value of
a share is 200,000 FCFA

(i) What will be the total contribution of the four partners?
(ii) How many shares will a partner who contributes 2,400,000 FCFA have?
(4 marks)
(4 marks)

b) Consider the table of bills below.

Bill number Face value Duration in days Discount
1 660,000 90 12375
2 X 120
3 1,200,000 Y
Total discount 42375

Given that all the bills are discounted at 7.5% and the discount of bill 2 is three times that of bill three.
Calculate:

(i) The total discount for bill 2 and 3.
(ii) The discount for bill 2.
(iii) The face value of bill 2.
(iv) The duration of bill 3.
(2 marks)
(3 marks)
(4 marks)
(3 marks)

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