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 Page 1


1 
 
Mock Test Paper -2 
Foundation Course 
Paper 3: Business Mathematics, Logical Reasoning and Statistics 
Time: 120 Minutes                            Maximum Marks: 100 
Part A : Business Mathematics and Logical Reasoning 
1. If x:y:z = 2: 3:5 if x+ y+ z = 60 ,then the value of z  
(a)  30 
(b)  15 
(c)  9 
(d)  12 
2. The ratio of two numbers is 15: 19. If a certain number is added to each term of the ratio it become 8: 
9. What is the number added to each of the ratio?  
(a)  6 
(b)  15 
(c)  17 
(d)  23 
3.  If 
2 3 2
42
a b c
= = then 
3 4 5
a b c
a b c
??
??
 is  
(a)  
11
19
 
(b)  
17
9
 
(c)  
19
9
 
(d)  
19
7
 
4. Simplify 
1
1
22
22
nn
nn
?
?
?
?
 =  
(a) 2
n+2
  
(b)  2
n
 
(c)  2 
(d)  
1
2
 
5. If. 2 
a    
 =   3 
b
 =  12 
c
 then 
11
 +  = 
ab
 
(a)  
1
c
 
© The Institute of Chartered Accountants of India
Page 2


1 
 
Mock Test Paper -2 
Foundation Course 
Paper 3: Business Mathematics, Logical Reasoning and Statistics 
Time: 120 Minutes                            Maximum Marks: 100 
Part A : Business Mathematics and Logical Reasoning 
1. If x:y:z = 2: 3:5 if x+ y+ z = 60 ,then the value of z  
(a)  30 
(b)  15 
(c)  9 
(d)  12 
2. The ratio of two numbers is 15: 19. If a certain number is added to each term of the ratio it become 8: 
9. What is the number added to each of the ratio?  
(a)  6 
(b)  15 
(c)  17 
(d)  23 
3.  If 
2 3 2
42
a b c
= = then 
3 4 5
a b c
a b c
??
??
 is  
(a)  
11
19
 
(b)  
17
9
 
(c)  
19
9
 
(d)  
19
7
 
4. Simplify 
1
1
22
22
nn
nn
?
?
?
?
 =  
(a) 2
n+2
  
(b)  2
n
 
(c)  2 
(d)  
1
2
 
5. If. 2 
a    
 =   3 
b
 =  12 
c
 then 
11
 +  = 
ab
 
(a)  
1
c
 
© The Institute of Chartered Accountants of India
2 
(b)  
11
-  
ca
 
(c)  -
1
c
 
(d)  0 
6. The value of log 64512 is  
(a)  9 
(b)  9/2 
(c) 9/4 
(d)  3/2 
7.  The value of of  (log b a log c b log a c)
3
 =  
(a)  1 
(b)  3 
(c)  (log b C)
3
 
(d)  (log c b)
3
 
8. If a and ß be the roots of the equation 2x
2
-4x-3=0 the value of a
2
+ß
2
 is 
(a)  5 
(b)  7 
(c)  3 
(d) -4 
9.  If one root of the equation x
2
+ 7x+ p = 0 be reciprocal of the other then the value of p is________.  
(a)  1 
(b) -1 
(c) 7 
(d) -7 
10.  Let A = 
23
45
??
??
??
 ; B=
15
67
??
??
??
 then the value 3A-B 
(a)  
4 14
9 11
?? ??
??
??
 
(b)  
4 14
9 11
? ??
??
??
??
 
(c)  
4 14
9 11
? ??
??
??
 
(d)  
54
68
??
??
??
 
 
© The Institute of Chartered Accountants of India
Page 3


1 
 
Mock Test Paper -2 
Foundation Course 
Paper 3: Business Mathematics, Logical Reasoning and Statistics 
Time: 120 Minutes                            Maximum Marks: 100 
Part A : Business Mathematics and Logical Reasoning 
1. If x:y:z = 2: 3:5 if x+ y+ z = 60 ,then the value of z  
(a)  30 
(b)  15 
(c)  9 
(d)  12 
2. The ratio of two numbers is 15: 19. If a certain number is added to each term of the ratio it become 8: 
9. What is the number added to each of the ratio?  
(a)  6 
(b)  15 
(c)  17 
(d)  23 
3.  If 
2 3 2
42
a b c
= = then 
3 4 5
a b c
a b c
??
??
 is  
(a)  
11
19
 
(b)  
17
9
 
(c)  
19
9
 
(d)  
19
7
 
4. Simplify 
1
1
22
22
nn
nn
?
?
?
?
 =  
(a) 2
n+2
  
(b)  2
n
 
(c)  2 
(d)  
1
2
 
5. If. 2 
a    
 =   3 
b
 =  12 
c
 then 
11
 +  = 
ab
 
(a)  
1
c
 
© The Institute of Chartered Accountants of India
2 
(b)  
11
-  
ca
 
(c)  -
1
c
 
(d)  0 
6. The value of log 64512 is  
(a)  9 
(b)  9/2 
(c) 9/4 
(d)  3/2 
7.  The value of of  (log b a log c b log a c)
3
 =  
(a)  1 
(b)  3 
(c)  (log b C)
3
 
(d)  (log c b)
3
 
8. If a and ß be the roots of the equation 2x
2
-4x-3=0 the value of a
2
+ß
2
 is 
(a)  5 
(b)  7 
(c)  3 
(d) -4 
9.  If one root of the equation x
2
+ 7x+ p = 0 be reciprocal of the other then the value of p is________.  
(a)  1 
(b) -1 
(c) 7 
(d) -7 
10.  Let A = 
23
45
??
??
??
 ; B=
15
67
??
??
??
 then the value 3A-B 
(a)  
4 14
9 11
?? ??
??
??
 
(b)  
4 14
9 11
? ??
??
??
??
 
(c)  
4 14
9 11
? ??
??
??
 
(d)  
54
68
??
??
??
 
 
© The Institute of Chartered Accountants of India
3 
11.    
a b a b
b a b a
? ? ? ? ?
?
? ? ? ?
?
? ? ? ?
 
(a)  
22
22
0
0
 
ab
ab
?? ?
??
?
??
 
(b)  
22
22
0
0
 
ab
ab
?? ??
??
?
??
 
(c)  
22
22
0
0
 
ab
ab
?? ?
??
?
??
 
(d)  
22
22
0
0
 
ab
ab
?? ?
??
?
??
 
12. Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock 
Y(y) at Rs.95 per share. This can be shown by  
(a)  175x+95y < 30,000  
(b)  175x+95y > 30,000  
(c)  175x+95y = 30,000  
(d)  None of these  
13. A sum of money doubles itself at compounded interest in 10 years in how many years will it becomes 
eight times?  
(a)  20 
(b)  30 
(c)  40 
(d)  35 
14. A machine costs Rs .1,00, 000. The depreciation rate is 10% per annum. The scrap value of the machine 
at the end of 5 years is 
(a)  Rs.49490 
(b) Rs. 59049 
(c)  Rs.61029 
(d)  Rs.51049 
15. Rs. 10,000 is invested at annual rate of interest of 10% p.a. The amount after two years at annual 
compounding is  
(a)  Rs. 21100     
(b)  Rs. 12100  
(c)  Rs. 12110  
(d)  None of these  
16. The annual birth rate and death rate per 1000 are 39.4 and 19.4 respectively. The number of years in 
which population will be doubled assuming that there is no immigration or emigration is approximately  
(a)  40 years  
© The Institute of Chartered Accountants of India
Page 4


1 
 
Mock Test Paper -2 
Foundation Course 
Paper 3: Business Mathematics, Logical Reasoning and Statistics 
Time: 120 Minutes                            Maximum Marks: 100 
Part A : Business Mathematics and Logical Reasoning 
1. If x:y:z = 2: 3:5 if x+ y+ z = 60 ,then the value of z  
(a)  30 
(b)  15 
(c)  9 
(d)  12 
2. The ratio of two numbers is 15: 19. If a certain number is added to each term of the ratio it become 8: 
9. What is the number added to each of the ratio?  
(a)  6 
(b)  15 
(c)  17 
(d)  23 
3.  If 
2 3 2
42
a b c
= = then 
3 4 5
a b c
a b c
??
??
 is  
(a)  
11
19
 
(b)  
17
9
 
(c)  
19
9
 
(d)  
19
7
 
4. Simplify 
1
1
22
22
nn
nn
?
?
?
?
 =  
(a) 2
n+2
  
(b)  2
n
 
(c)  2 
(d)  
1
2
 
5. If. 2 
a    
 =   3 
b
 =  12 
c
 then 
11
 +  = 
ab
 
(a)  
1
c
 
© The Institute of Chartered Accountants of India
2 
(b)  
11
-  
ca
 
(c)  -
1
c
 
(d)  0 
6. The value of log 64512 is  
(a)  9 
(b)  9/2 
(c) 9/4 
(d)  3/2 
7.  The value of of  (log b a log c b log a c)
3
 =  
(a)  1 
(b)  3 
(c)  (log b C)
3
 
(d)  (log c b)
3
 
8. If a and ß be the roots of the equation 2x
2
-4x-3=0 the value of a
2
+ß
2
 is 
(a)  5 
(b)  7 
(c)  3 
(d) -4 
9.  If one root of the equation x
2
+ 7x+ p = 0 be reciprocal of the other then the value of p is________.  
(a)  1 
(b) -1 
(c) 7 
(d) -7 
10.  Let A = 
23
45
??
??
??
 ; B=
15
67
??
??
??
 then the value 3A-B 
(a)  
4 14
9 11
?? ??
??
??
 
(b)  
4 14
9 11
? ??
??
??
??
 
(c)  
4 14
9 11
? ??
??
??
 
(d)  
54
68
??
??
??
 
 
© The Institute of Chartered Accountants of India
3 
11.    
a b a b
b a b a
? ? ? ? ?
?
? ? ? ?
?
? ? ? ?
 
(a)  
22
22
0
0
 
ab
ab
?? ?
??
?
??
 
(b)  
22
22
0
0
 
ab
ab
?? ??
??
?
??
 
(c)  
22
22
0
0
 
ab
ab
?? ?
??
?
??
 
(d)  
22
22
0
0
 
ab
ab
?? ?
??
?
??
 
12. Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock 
Y(y) at Rs.95 per share. This can be shown by  
(a)  175x+95y < 30,000  
(b)  175x+95y > 30,000  
(c)  175x+95y = 30,000  
(d)  None of these  
13. A sum of money doubles itself at compounded interest in 10 years in how many years will it becomes 
eight times?  
(a)  20 
(b)  30 
(c)  40 
(d)  35 
14. A machine costs Rs .1,00, 000. The depreciation rate is 10% per annum. The scrap value of the machine 
at the end of 5 years is 
(a)  Rs.49490 
(b) Rs. 59049 
(c)  Rs.61029 
(d)  Rs.51049 
15. Rs. 10,000 is invested at annual rate of interest of 10% p.a. The amount after two years at annual 
compounding is  
(a)  Rs. 21100     
(b)  Rs. 12100  
(c)  Rs. 12110  
(d)  None of these  
16. The annual birth rate and death rate per 1000 are 39.4 and 19.4 respectively. The number of years in 
which population will be doubled assuming that there is no immigration or emigration is approximately  
(a)  40 years  
© The Institute of Chartered Accountants of India
4 
(b)  30 years  
(c)  36 years  
(d)  25 years  
17. If the effective rate of interest is 12% per annum and the interest is compounded quarterly, the nominal 
rate of interest per annum  
(a)  11.78 % 
(b)  11.21 % 
(c)  11.89%  
(d)  11.49 % 
18. A machine can be purchased for Rs. 50, 000.  Machine will be contributing Rs. 12, 000 per year for the 
next five years. Assuming borrowing cost is 10% per annum. Determine whether machine should be 
purchased or not  
(a)  Should be purchased  
(b)  Should not be purchased  
(c)  Can’t say about purchase  
(d)  none of the above   
19.  X bought a TV costing 25,000 making down payment of Rs. 5000 and agreeing to make equal annual 
payment for four years. How much would be each payment if the interest on unpaid amount be 14% 
compounded annually? [P(4, 0.14) = 2.91371] 
(a)  Rs.6864.10 
(b)  Rs.6850.63 
(c)  Rs.6859 
(d)  Rs.6871 
20.  The future value of annuity on Rs. 5000 a year for 7 years at 14% per annum compound interest is given 
(1.14)
7
= 2.5023 
(a)  Rs.5300 
(b)  Rs.53653.57 
(c)  Rs.5480 
(d)  Rs.5465.23 
21. Rs.5000 paid for ten years to off a loan. What is the loan amount if interest rate be 14% per annum 
compounded annually? (Given P (10, 0.14) = 5.21611 
(a)  Rs.26080.55 
(b)  Rs.26580.55 
(c)  Rs.26280.55 
(d)  Rs.27080.55 
22. Suppope your friend decided gift to you Rs. 10000 every year starting from today for the next five years. 
Your deposit this amount in a bank as and when you receive and get 10% per annum interest 
compounded annually. What is the present value of this annuity?  
(a)  Rs.42698.70 
(b)  Rs.43698.70 
© The Institute of Chartered Accountants of India
Page 5


1 
 
Mock Test Paper -2 
Foundation Course 
Paper 3: Business Mathematics, Logical Reasoning and Statistics 
Time: 120 Minutes                            Maximum Marks: 100 
Part A : Business Mathematics and Logical Reasoning 
1. If x:y:z = 2: 3:5 if x+ y+ z = 60 ,then the value of z  
(a)  30 
(b)  15 
(c)  9 
(d)  12 
2. The ratio of two numbers is 15: 19. If a certain number is added to each term of the ratio it become 8: 
9. What is the number added to each of the ratio?  
(a)  6 
(b)  15 
(c)  17 
(d)  23 
3.  If 
2 3 2
42
a b c
= = then 
3 4 5
a b c
a b c
??
??
 is  
(a)  
11
19
 
(b)  
17
9
 
(c)  
19
9
 
(d)  
19
7
 
4. Simplify 
1
1
22
22
nn
nn
?
?
?
?
 =  
(a) 2
n+2
  
(b)  2
n
 
(c)  2 
(d)  
1
2
 
5. If. 2 
a    
 =   3 
b
 =  12 
c
 then 
11
 +  = 
ab
 
(a)  
1
c
 
© The Institute of Chartered Accountants of India
2 
(b)  
11
-  
ca
 
(c)  -
1
c
 
(d)  0 
6. The value of log 64512 is  
(a)  9 
(b)  9/2 
(c) 9/4 
(d)  3/2 
7.  The value of of  (log b a log c b log a c)
3
 =  
(a)  1 
(b)  3 
(c)  (log b C)
3
 
(d)  (log c b)
3
 
8. If a and ß be the roots of the equation 2x
2
-4x-3=0 the value of a
2
+ß
2
 is 
(a)  5 
(b)  7 
(c)  3 
(d) -4 
9.  If one root of the equation x
2
+ 7x+ p = 0 be reciprocal of the other then the value of p is________.  
(a)  1 
(b) -1 
(c) 7 
(d) -7 
10.  Let A = 
23
45
??
??
??
 ; B=
15
67
??
??
??
 then the value 3A-B 
(a)  
4 14
9 11
?? ??
??
??
 
(b)  
4 14
9 11
? ??
??
??
??
 
(c)  
4 14
9 11
? ??
??
??
 
(d)  
54
68
??
??
??
 
 
© The Institute of Chartered Accountants of India
3 
11.    
a b a b
b a b a
? ? ? ? ?
?
? ? ? ?
?
? ? ? ?
 
(a)  
22
22
0
0
 
ab
ab
?? ?
??
?
??
 
(b)  
22
22
0
0
 
ab
ab
?? ??
??
?
??
 
(c)  
22
22
0
0
 
ab
ab
?? ?
??
?
??
 
(d)  
22
22
0
0
 
ab
ab
?? ?
??
?
??
 
12. Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock 
Y(y) at Rs.95 per share. This can be shown by  
(a)  175x+95y < 30,000  
(b)  175x+95y > 30,000  
(c)  175x+95y = 30,000  
(d)  None of these  
13. A sum of money doubles itself at compounded interest in 10 years in how many years will it becomes 
eight times?  
(a)  20 
(b)  30 
(c)  40 
(d)  35 
14. A machine costs Rs .1,00, 000. The depreciation rate is 10% per annum. The scrap value of the machine 
at the end of 5 years is 
(a)  Rs.49490 
(b) Rs. 59049 
(c)  Rs.61029 
(d)  Rs.51049 
15. Rs. 10,000 is invested at annual rate of interest of 10% p.a. The amount after two years at annual 
compounding is  
(a)  Rs. 21100     
(b)  Rs. 12100  
(c)  Rs. 12110  
(d)  None of these  
16. The annual birth rate and death rate per 1000 are 39.4 and 19.4 respectively. The number of years in 
which population will be doubled assuming that there is no immigration or emigration is approximately  
(a)  40 years  
© The Institute of Chartered Accountants of India
4 
(b)  30 years  
(c)  36 years  
(d)  25 years  
17. If the effective rate of interest is 12% per annum and the interest is compounded quarterly, the nominal 
rate of interest per annum  
(a)  11.78 % 
(b)  11.21 % 
(c)  11.89%  
(d)  11.49 % 
18. A machine can be purchased for Rs. 50, 000.  Machine will be contributing Rs. 12, 000 per year for the 
next five years. Assuming borrowing cost is 10% per annum. Determine whether machine should be 
purchased or not  
(a)  Should be purchased  
(b)  Should not be purchased  
(c)  Can’t say about purchase  
(d)  none of the above   
19.  X bought a TV costing 25,000 making down payment of Rs. 5000 and agreeing to make equal annual 
payment for four years. How much would be each payment if the interest on unpaid amount be 14% 
compounded annually? [P(4, 0.14) = 2.91371] 
(a)  Rs.6864.10 
(b)  Rs.6850.63 
(c)  Rs.6859 
(d)  Rs.6871 
20.  The future value of annuity on Rs. 5000 a year for 7 years at 14% per annum compound interest is given 
(1.14)
7
= 2.5023 
(a)  Rs.5300 
(b)  Rs.53653.57 
(c)  Rs.5480 
(d)  Rs.5465.23 
21. Rs.5000 paid for ten years to off a loan. What is the loan amount if interest rate be 14% per annum 
compounded annually? (Given P (10, 0.14) = 5.21611 
(a)  Rs.26080.55 
(b)  Rs.26580.55 
(c)  Rs.26280.55 
(d)  Rs.27080.55 
22. Suppope your friend decided gift to you Rs. 10000 every year starting from today for the next five years. 
Your deposit this amount in a bank as and when you receive and get 10% per annum interest 
compounded annually. What is the present value of this annuity?  
(a)  Rs.42698.70 
(b)  Rs.43698.70 
© The Institute of Chartered Accountants of India
5 
(c)  Rs.45698.70 
(d)  Rs.41698.70 
23. Rs.1000 is invested at the end of each month in an account paying interest 6% per year compounded 
monthly. What is the future value of annuity after 10
th
 payment? (Given that (1.005) 
10
 = 1.0511)  
(a)  Rs.10220 
(b)  Rs.1022 
(c) Rs.20000 
(d)  Rs.1020 
24. The difference between CI and SI on a certain money invested for three years at 6% per annum is  
Rs. 110.16. The sum is  
(a)  Rs. 3000 
(b)  Rs.3700 
(c)  Rs.12000 
(d) Rs.10000 
25. Simple interest on Rs.3500 for 3 years at 12% per annum is  
(a)  Rs.1200 
(b) Rs.1260 
(c)  Rs.2260 
(d)  Rs. 2000 
26. A function f(x) is an even function, if  
(a)  –f(x) = f(x))  
(b) f(–x) = f(x) 
(c)  f(–x) = –f(x)  
(d) None of these  
27. If A = {1, 2, 3, 4} and B = {5, 6, 7,6}, then cardinal number of the set A×B is _____  
(a)  7 
(b)  1 
(c)  16 
(d)  None of these 
28. Find the f o g for the functions f (x) =x
3
, g (x) = x+ 1 
(a)  x
2
 (x+1)  
(b)  x
2
 
(c)  x+1 
(d) (x+1)
3
   
29. if 
42
nP = 12nP then n= 
(a)  2          
(b)  3          
(c)  4       
© The Institute of Chartered Accountants of India
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FAQs on Quantitative Aptitude Sample Paper Series - II - Business Laws for CA Foundation

1. What topics are covered in the Quantitative Aptitude section of the CA Foundation exam?
Ans. The Quantitative Aptitude section of the CA Foundation exam typically covers a variety of topics including Number Systems, Ratio and Proportion, Percentages, Profit and Loss, Simple and Compound Interest, Time and Work, Time and Distance, and Basic Statistics.
2. How can I effectively prepare for the Quantitative Aptitude section in the CA Foundation exam?
Ans. To effectively prepare for the Quantitative Aptitude section, students should practice regularly using sample papers and previous years' question papers. It is also beneficial to focus on understanding the concepts thoroughly, solving problems daily, and using study materials that are specifically designed for the CA Foundation syllabus.
3. Are there any recommended books for studying Quantitative Aptitude for the CA Foundation?
Ans. Yes, some recommended books for studying Quantitative Aptitude for the CA Foundation include "Quantitative Aptitude for Competitive Examinations" by R.S. Aggarwal and "Objective Mathematics" by R.D. Sharma. These books cover a wide range of topics and provide ample practice questions.
4. How much weightage does the Quantitative Aptitude section carry in the CA Foundation exam?
Ans. The Quantitative Aptitude section carries a significant weightage in the CA Foundation exam, typically comprising 20% to 30% of the total marks. It is crucial for students to score well in this section as it contributes to their overall performance in the exam.
5. What is the best strategy for solving Quantitative Aptitude questions in the CA Foundation exam?
Ans. The best strategy for solving Quantitative Aptitude questions in the CA Foundation exam includes reading the questions carefully, identifying the formulas required, managing time efficiently, and practicing mental math to enhance speed. Additionally, students should prioritize solving easier questions first to secure marks before tackling the more difficult ones.
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Quantitative Aptitude Sample Paper Series - II | Business Laws for CA Foundation

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Quantitative Aptitude Sample Paper Series - II | Business Laws for CA Foundation

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Quantitative Aptitude Sample Paper Series - II | Business Laws for CA Foundation

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