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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