Business Mathematics (Qts0103) Continuous Assessment 1 Individual Assignment (30%)

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QTS0103 Business Mathematics Full Time in Management Studies

Continuous Assessment 1 SIM

BUSINESS MATHEMATICS (QTS0103)

CONTINUOUS ASSESSMENT 1

INDIVIDUAL ASSIGNMENT (30%)

Students are to submit this assignment online via Desire 2 Learn (D2L) by the due date specified on
D2L.

Students are to keep a copy of their work as their answer scripts will not be returned.

All workings must be shown. Marks will be awarded for workings shown.

No marks will be awarded if there are no workings or reasonable explanations.

There are 3 questions and you must answer all.

Write your FULL Name as in the register, as well as your register number on the answer script.

Please be reminded that plagiarism is a serious offence, and all cases will be referred to the
administration.

The penalties for late submission described on Desire 2 Learn (D2L).

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QTS0103 Business Mathematics Full Time in Management Studies
Continuous Assessment 1 SIM

Question 1 (10 marks)

(a) Solve the following equations:

(i) [2 marks]

(ii) [2 marks]

(b) Solve the following inequalities:

(i) [2 marks]

(ii) [2 marks]

(iii) [2 marks]

(Total 10 marks)

Question 2 (10 marks)

(a) The function and are given by and .

(i) Find the value of . Give your answer to 4 decimal places. [1 mark]

(ii) Find the value of . Give your answer to 4 decimal places. [1 mark]

(iii) Find . Simplify your answer. [2 marks]

(iv) Find the value of . [1 mark]

(b) Find an equation of the line in slope-intercept form that passes through the point (-1, 3)
and is perpendicular to the line that passes through the points (1, 2) and (-1, -2).
[3 marks]

(c) The monthly demand and supply functions for a particular brand of watches are given by
and respectively, where p is measured in dollars and x is
measured in units of a thousand. Find the equilibrium quantity and price.
[2 marks]

(Total 10 marks)

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QTS0103 Business Mathematics Full Time in Management Studies
Continuous Assessment 1 SIM

Question 3 (10 marks)

(a) Solve the following equations:

(i) Give your answer to 4 decimal places. [2 marks]

(ii) . Give your answer to 4 decimal places. [2 marks]

(b) Creative Solutions Ltd is selling their tablets at an IT fair. The number of tablets in their
storehouse follows the function F(t) below, where t is measured in days and k is a
constant. After 5 days, the number of tablets has dropped to 4,000 units.

(i) Find the value of k. Give your answer to 4 decimal places. [3 marks]

(ii) How many tablets will remain in their storehouse after 20 days? [1 mark]

(iii) Find the number of days for the tablets in the storehouse to drop to 500 units.
Give your answer to the nearest whole number. [2 marks]

(Total 10 marks)

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