Sample Papers and Sample Questions For Board Exams 2
Sample Papers and Sample Questions For Board Exams 2
Natraj Sarma
Subject Code - 241
SECTION A
1. The marginal revenue function for a commodity is given by . 2
Find the demand function.
OR
The marginal cost of producing pairs of tennis shoes is given by
SECTION B
7. The supply function for a commodity is given by , where is the 3
quantity supplied at the price . Find the producers surplus when the price of the
commodity is 48.
8 The following table shows the quarterly sales (in crore) of a real estate company. 3
Compute the trend by quarterly moving averages.
Quarters
Years
2018 12 14 18 20
2019 18 16 20 22
2020 27 24 30 36
OR
Fit a straight line trend by the method of least squares and estimate the trend
for the year 2023.
Year 2014 2015 2016 2017 2018 2019 2020
Sales (in 26 26 44 42 108 120 166
lacs)
9. A machine produces washers of thickness 0.50mm. To determine whether the 3
machine is in proper working order, a sample of 10 washers is chosen for which
the mean thickness is 0.53mm and the standard deviation is 0.03mm. Test the
hypothesis at 5% level of significance that the machine is working in proper order.
10. 3
SECTION C
11. S & D chemicals produces two products, an alkaline solution and a base oil that 4
are sold as raw material to companies manufacturing soaps and detergents. On
the basis of current inventory levels and estimated demand for the coming month,
and base oil must be at least 3500 gallons. S & D chemicals are also committed
to supply 1250 gallons of alkaline solution to one of its major customer. The
alkaline solution and base oil requires respectively 2 hours and 1 hour of
processing time per gallon. The total processing time available for the coming
mo the alkaline
Formulate the above as a L.P.P and solve it by graphical method to help S & D
chemicals determine the minimum production cost.
12. 4
machine costing the same amount, a sinking fund is set up. If equal payments
are placed in the fund at the end of each quarter and the fund earns 8%
compounded quarterly, then what should each payment be?
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3 marks
4 marks on LPP
4 marks on LPP
Emi calculations
Sample paper question
Emi calculations E
Practice
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Present value approach
CAGR