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MOCK TEST PAPER I 
FOUNDATION COURSE 
PAPER 3: BUSINESS MATHEMATICS, LOGICAL REASONING AND STATISTICS 
Key Part A: Business Mathematics and Logical Reasoning 
1 (a) 2 (a) 3 (a) 4 (c) 5 (a) 
6 (b) 7 (a) 8 (b) 9 (c) 10 (d) 
11 (d) 12 (c) 13 (d) 14 (c) 15 (d) 
16 (a) 17 (c) 18 (c) 19 (b) 20 (a) 
21 (b) 22 (b) 23 (a) 24 (c) 25 (a) 
26 (c) 27 (c) 28 (a) 29 (b) 30 (c) 
31 (d) 32 (a) 33 (d) 34 (a) 35 (a) 
36 (a) 37 (c) 38 (a) 39 (c) 40 (c) 
41 (d) 42 (d) 43 (b) 44 (b) 45 (c) 
46 (a) 47 (c) 48 (b) 49 (c) 50 (d) 
51 (a) 52 (c) 53 (d) 54 (b) 55 (d) 
56 (a) 57 (c) 58 (d) 59 (c) 60 (d) 
Key Part B: Statistics 
61 (b) 62 (c) 63 (b) 64 (c) 65 (a) 
66 (c) 67 (b) 68 (d) 69 (d) 70 (c) 
71 (c) 72 (c) 73 (d) 74 (b) 75 (d) 
76 (a) 77 (a) 78 (d) 79 (b) 80 (c) 
81 (a) 82 (a) 83 (d) 84 (b) 85 (b) 
86 (b) 87 (c) 88 (a) 89 (b) 90 (a) 
91 (a) 92 (c) 93 (d) 94 (a) 95 (b) 
96 (c) 97 (d) 98 (a) 99 (b) 100 (a) 
 
 
 
 
 
 
© The Institute of Chartered Accountants of India
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FAQs on Mock Test: Business Mathematics, Logical Reasoning and Statistics(Paper-3) Answers - May 2023 - Mock Tests & Past Year Papers for CA Foundation

1. What topics are covered in the CA Foundation Business Mathematics, Logical Reasoning, and Statistics exam?
Ans. The CA Foundation Business Mathematics, Logical Reasoning, and Statistics exam cover topics such as business mathematics, logical reasoning, and statistics. Students are required to have a good understanding of these subjects to excel in the exam.
2. How can I prepare effectively for the CA Foundation Business Mathematics, Logical Reasoning, and Statistics exam?
Ans. To prepare effectively for the CA Foundation Business Mathematics, Logical Reasoning, and Statistics exam, students should practice solving numerical problems, logical reasoning puzzles, and statistical problems regularly. They can also refer to study materials and previous years' question papers for practice.
3. Are there any specific tips for scoring well in the CA Foundation Business Mathematics, Logical Reasoning, and Statistics exam?
Ans. Some tips for scoring well in the CA Foundation Business Mathematics, Logical Reasoning, and Statistics exam include understanding the concepts thoroughly, practicing regularly, managing time effectively during the exam, and seeking help from teachers or tutors if needed.
4. What is the importance of studying business mathematics, logical reasoning, and statistics for the CA Foundation exam?
Ans. Studying business mathematics, logical reasoning, and statistics is important for the CA Foundation exam as these subjects are fundamental to understanding business concepts, making informed decisions, and analyzing data effectively, which are essential skills for a successful career in the field of finance and accounting.
5. Can I use a calculator during the CA Foundation Business Mathematics, Logical Reasoning, and Statistics exam?
Ans. Yes, students are allowed to use a calculator during the CA Foundation Business Mathematics, Logical Reasoning, and Statistics exam. However, it is important to familiarize oneself with the calculator's functions and practice using it before the exam to avoid any issues during the test.
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