Business Mathematics
Business Mathematics
Business Mathematics
Group-A
Analytical Question [1×10=10]
Answer the following question.
1. Live Bakery Ltd produces three basic pastry mixes A, B and C. In the past, the
mix of ingredients has shown in the following matrix.
A 5 1 1
C 4.5 3 2
Due to change in the consumer’s taste it has been decided to change the mixes
using the following amendment matrix:
A 0 +1 0
C +0.5 0 0
Group-B
Descriptive Answer Questions.
Attempt ANY SEVEN questions. [7×5=35]
2. A certain company has fixed costs of $ 15000 for its product and variable costs
given by (140+0.04x)dollars per unit, where x is the total number of units.The
selling price of the product is given by (300-0.06x) dollars per unit
Required:
a) Total cost and total revenue function.
b) b) Level of sales that maximizes revenue.
c) c) Profit function
d) d) Level of production and sales that maximizes profit.
e) e) Maximum profit
4. A group of people gatherd in a club were asked whether they had smart phone of
Apple,Samsung and Nokia brand. The following table shows the information as
given by them.
Now determine,
a) Revenue, cost and profit function.
b) How many units must be sold to earn an annual profit of $ 250,000?
c) c) What would be the break even quantity? Also find the breakeven price for
the demand function q=p+60 where q is quantity and p is price.
6. Determine the value of k such that the following system of equations have
i. Unique solution
ii. Infinite solution
7. Define function. Discuss the type of functions with suitable examples and
graphs.
x−√ 8−x 2
8. Determine the limit: lim
x →2 √ x 2+12−4
x +1
9. Determine the domain and range of : f(x)= 2
x −1
Group–C
Short Answer Questions.
Attempt all questions. [5x3=15]
| |
x +a b c
10. Prove that: a x+ b c =x2 (x+a+b+c)
a b x +c
{
x+1 for x>1
f (x)= 2 for x=1
2 x for x ˂1
x +2
14. Integrate the following: ∫ x−1 dx