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Business Mathematics Final OSA

This document outlines details for a final online summative assessment for various business and commerce degree programmes, including the date, total marks, and sections. It then lists 25 multiple choice questions related to business mathematics, with topics like equations, functions, rates, ratios, and financial calculations.

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69 views10 pages

Business Mathematics Final OSA

This document outlines details for a final online summative assessment for various business and commerce degree programmes, including the date, total marks, and sections. It then lists 25 multiple choice questions related to business mathematics, with topics like equations, functions, rates, ratios, and financial calculations.

Uploaded by

Boom Squad
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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FINAL ONLINE SUMMATIVE ASSESSMENT

Bachelor of Public Administration

Bachelor of Business Administration

Bachelor of Commerce in Accounting

Bachelor of Commerce in Entrepreneurship


PROGRAMME Bachelor of Commerce in Retail Management

Bachelor of Commerce in International Business

Bachelor of Commerce in Financial Management

Bachelor of Commerce in Marketing Management

Bachelor of Commerce in Supply Chain Management

MODULE Business Mathematics

YEAR One (1)

INTAKE July 2023 Semester 1

DATE 28 November 2023

TOTAL MARKS 100


SECTION A [100 MARKS]
Answer ALL the questions in this section.
Type ONLY the letter that represents the correct answer next to the corresponding number in your
online answer booklet. E.g. 26 B

3
3 14 11
1. + − =
5 2 8

−7
A.
8
13
B. −1
20
7
C.
20
3
D. −1
8

2 1
+
3 4
2. 5 2 =
−
8 5
81
A.
110
110
B.
27
11
C.
12
40
D.
9
3 3
3. Divide by
4 2
5
A.
7
3
B.
8
1
C.
2
4
D.
2

𝟐𝟏(𝒙−𝟏)
4. Solve for 𝑥 in: 𝟏𝟓𝒙 + 𝟐 =
𝟐
17
A.
30
8
B.
18
19
C.
25
−25
D.
9

5. The equation below gives the speed s, in miles per hour, of a certain
car t seconds after it began to accelerate. What is the speed, in miles
per hour, of the car 5 seconds after it began to accelerate?
S = 40 + 3t

A. 40
B. 43
C. 45
D. 55
𝑥
6. Given the function y = − 4, what is the y-intercept of the graph of
10
this function on the Cartesian plane?
A. (0, -4)
B. (0, 4)
C. (10, 4)
D. (4, -10)

7. The function y is defined by 𝑦 = 8𝑥 6 . What is the value of 𝑥 when y


evaluates to 512?
A. 4
B. 6
C. 2
D. 8

8. Given the function 𝑦 = 𝑥 2 − 66; what is the smallest integer value


that y can evaluate to?
A. 0
B. 66
C. -66
D. 4356

9. Given the function 𝑦 = 𝑥 2 − 66; what is the smallest integer value


of 𝑥 which ensures that y evaluates to its minimum?
A. -100
B. -1
C. 10
D. 0
10. The population of Greenville increased by six and a half percent
from 2015 to 2016. If the 2016 population is k times the 2015
population, what is the value of k?
A. 6.5
B. 0.65
C. 1.065
D. 1.65

11. A recipe calls for 2 cups of sugar for every 3 cups of flour. If you
want to make a batch using 9 cups of flour, how many cups of sugar
should you use?
A. 4 cups
B. 6 cups
C. 3 cups
D. 5 cups

12
12. Which expression evaluates to 𝑥 ? 13
169
A. √𝑥 156
156
B. √𝑥 169
12
C. √𝑥 13
13
D. √𝑥 1
13. A model estimates that at the end of each quarter in 2020, the
number of rats in a barn was 150% of the number of rats in the barn
at the end of the previous quarter. The model estimates that at the
end of the fourth and final quarter, there were 810 rats in the barn.
Which of the following equations represents this model, where n is
the estimated number of rats in the barn t quarters into the year
2020 and t ≤ 1?

A. n = 90(1.5)𝑡
B. n = 160(1.5)𝑡
C. n = 120(1.5)𝑡
D. n = 81(1.5)𝑡

14. Alice and Bob are solving a math puzzle. Alice's age is three times
Bob's age, and their combined age is 36. How old is Bob?
A. 6 years
B. 9 years
C. 12 years
D. 18 years

15. A printer produces posters at a constant rate of 1 poster per


second. At what rate, in posters per hour, does the printer produce
the posters?
A. 3600 posters per hour
B. 1080 posters per hour
C. 2400 posters per hour
D. 1800 posters per hour
16. Two friends A and B each have apples. If A gives one of his apples
to B then they both have an equal number of apples. But if B gives
one of his apples to A, then A will have three times as many apples as
B. How many apples did A and B respectively have initially?

A. 4 and 2
B. 3 and 1
C. 5 and 3
D. 6 and 4

17. A bakery sells two types of pastries, croissants, and danishes. The
croissants cost R2 each, and the danishes cost R3 each. If a customer
buys a total of 20 pastries for R50, how many of each type did they
buy?

A. 10 croissants and 10 danishes


B. 5 croissants and 15 danishes
C. 8 croissants and 12 danishes
D. 12 croissants and 8 danishes

18. Eighteen years ago thirteen times Tom’s age equaled eight times
his brother John’s age. Their present ages are in the ratio 5:7. What
are Tom’s and John’s respective present ages?
A. 52 and 72
B. 32 and 45
C. 70 and 98
D. 50 and 70
19. A school is conducting a book drive. The number of fiction books
collected is 10 more than twice the number of non-fiction books. If
the school collects a total of 100 books, how many of each type did
they collect?

A. 55 fiction books and 45 non-fiction books


B. 80 fiction books and 20 non-fiction books
C. 30 fiction books and 70 non-fiction books
D. 70 fiction books and 30 non-fiction books

20. Identify the correct solution to the quadratic equation 𝑧 2 − 10𝑧 +


24 = 0
A. 4 and 6
B. -4 and -6
C. -4 and 6
D. 4 and -6

21. Sarah invested R3,000 in a savings account with an annual interest


rate of 4%. If she earned R240 in interest after 2 years, how many
more years would it take for her to double her initial investment?

A. 25 years
B. 16 years
C. 23 years
D. 21 years
22. A company makes plastic containers and sells them @ R45 each.
The fixed cost is R28, 050 and the variable cost is R12. Determine the
Profit model [equation] for this company.

A. P = 45𝑥 − (28050 − 21𝑥 )


B. P = 45𝑥 + (28050 − 21𝑥 )
C. P = 33𝑥 − 28050
D. P = 45 𝑥

23. A company makes plastic containers and sells them @ R45 each.
The fixed cost is R28, 050 and the variable cost is R12. What is the
breakeven production point?
A. 850
B. 900
C. 1050
D. 805

24. Jane invests R8,000 at an annual interest rate of 6%, continuously


compounded annually. How much will her investment be worth after
5 years?

A. R10,705.80
B. R10,568.92
C. R11,243.47
D. R11,523.47
25. A loan of R15,000 is charged at an annual interest rate of 8%,
compounded monthly. If the loan is repaid in full after 2 years, what
is the total repayment amount?

A. R18,003.56
B. R17,593.04
C. R17,642.19
D. R19,024.87

END OF PAPER

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