### gce 2021 intermediate level business mathematics 2

gce 2021 intermediate level business mathematics 2

**SECTION A**

** ANSWER BOTH QUESTIONS**

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- (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
- The total number of balls in the bag.
**(3 marks)** - The probability of selecting two white balls without replacement.
**(4 marks)**

- The probability of selecting a red and a white ball with replacement.
**(4 marks)**

- Study the pie chart below and answer the questions that follows:

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- Calculate Ngum’s angle.
**(3 marks)** - If 1,620,000 FCFA was shared to four of them, calculate each person’s share.
**(4 marks)**

**______________________________________________________________________________**

- 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

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

- 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:

- The total discount for bill 2 and 3.
**(2 marks)** - The discount for bill 2.
**(3 marks)** - The face value of bill 2.
**(4 marks)**

The duration of bill 3.

## Mohiwo Schneider

May 9, 2023

Wow this is alsome