Ordinary level 2026 South West mock business mathematics 2

Ordinary level 2026 South West mock business mathematics 2

Ordinary level 2026 South West mock business mathematics 2

SECTION A

INSTRUCTIONS: ANSWER ALL THE QUESTIONS

QUESTION 1

1.1): In a geometric progression, the second term is 12 and the fifth term is 96. You are to,

  • a). Find the common ratio (04 marks)

  • b). Find the first term (03 marks)

  • c). Find the sum of the first eight terms (03 marks)

1.2). The sum of 500 000FCFA is invested at 8% compound interest. If this sum lasted in the bank for 4 years, you are to

  • a). Determine the total amount in this account after 4 years (04 marks)

  • b). Determine the total amount in this account if saving was done at simple interest (03 marks)

  • c). Determine the difference between saving at compound and simple interest and say which one is better to save. (03 marks)

    (Total 20 marks)


QUESTION 2

2.1). Three workers QUEENTA, ARIENA, and FAITH completed a construction job and were paid 720 000FCFA. Their payment is based on:

  • Direct proportional to the number of days worked

  • Direct proportional to their skill rating

  • Inverse proportional to their time per unit task( that is faster workers get more)

The data are:

WORKER DAYS WORKED SKILL RATING TIME PER UNIT TASK
QUEENTA 20 6 15 MINUTES
ARIENA 24 4 12 MINUTES
FAITH 18 11 27 MINUTES

TASK: Share this money to them (15 Marks)

2.2). The price and quantity weights for 2021 (base year) and 2024 are:

COMMODIDITY PRICE 2021 PRICE 2024 QTY
Maize 200 260 50
Yam 24 600 20
Egg 18 70 80

TASK: Calculate the Laspeyres price index (05 Marks)

(Total 20 marks)


SECTION B

INSTRUCTIONS: ANSWER ANY THREE QUESTION OF YOUR CHOICE

QUESTION 3

3.1) A box has 4 white, 3 black and 3 red pens. Two pens are selected with replacement, find the probability that

  • a). Both pens are white. (04 Marks)

  • b). The first is black and the second is red (04 Marks)

  • c). At least one pen is red (02 Marks)

3.2). A food dealer bought 4 bags of Maize and 5 bags of beans at 68000FCFA. Two days later, she bought 2 bags of Maize and three bags of beans for 38000FCFA.

Task:

  • a). Determine the cost of each item (06 marks)

  • b). Determine how much she spend all together to get 10 bags of maize and 8 bags of beans (04 marks)

    (Total 20 marks)

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