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Paper 3: Business Mathematics, Logical Reasoning and Statistics 
Key Part A: Business Mathematics and Logical Reasoning 
1 (c) 2 (a)  3 (c) 4 (a) 5 (c) 
6 (c) 7 (b) 8 (b) 9 (a) 10 (b) 
11 (c) 12 (d) 13 (a) 14 (a) 15 (d) 
16 (a) 17 (b) 18 (a) 19 (c) 20 (a) 
21 (a) 22 (a) 23 (a) 24 (a) 25 (d) 
26 (b) 27 (c) 28 (b) 29 (b) 30 (b) 
31 (b) 32 (b) 33 (a) 34 (a) 35 (a) 
36 (b) 37 (c) 38 (a) 39 (a) 40 (b) 
41 (a) 42 (c)  43 (d) 44 (b) 45 (b) 
46 (c) 47 (b) 48 (b) 49 (c) 50 (a) 
51 (b) 52 (a) 53 (b) 54 (a) 55 (b) 
56 (b) 57 (c) 58 (c) 59 (a) 60 (a) 
 
Key Part B: Statistics  
61 (c) 62 (d) 63 (c) 64 (c) 65 (c) 
66 (a) 67 (c) 68 (b) 69 (b) 70 (c) 
71 (b) 72 (a) 73 (b) 74 (b) 75 (a) 
76 (c) 77 (d) 78 (b) 79 (c) 80 (d) 
81 (a) 82 (c) 83 (b) 84 (c) 85 (b) 
86 (a) 87 (a) 88 (b) 89 (a) 90 (c) 
91 (c) 92 (a) 93 (b) 94 (c) 95 (d) 
96 (d) 97 (b) 98 (a) 99 (d) 100 (b) 
 
 
 
 
 
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FAQs on Mock Test: Business Mathematics, Logical Reasoning and Statistics(Paper-3) Answers - May 2022 - Mock Tests & Past Year Papers for CA Foundation

1. What are the important topics to study for the Business Mathematics section of the CA Foundation exam?
Ans. The important topics to study for the Business Mathematics section of the CA Foundation exam include financial mathematics, ratio and proportion, equations, matrices, and linear inequalities.
2. How can I improve my logical reasoning skills for the CA Foundation exam?
Ans. To improve your logical reasoning skills for the CA Foundation exam, you can practice solving various logical reasoning puzzles and questions. Additionally, you can also read books or take online courses that focus on developing logical thinking abilities.
3. Are there any specific statistical concepts that I should focus on for the CA Foundation exam?
Ans. Yes, there are several specific statistical concepts that you should focus on for the CA Foundation exam. These include measures of central tendency, probability, sampling techniques, hypothesis testing, and correlation analysis.
4. Can you provide some tips for effectively preparing for the Business Mathematics section of the CA Foundation exam?
Ans. Some tips for effectively preparing for the Business Mathematics section of the CA Foundation exam include creating a study schedule, practicing with previous years' question papers, seeking help from tutors or study groups, and regularly revising the concepts.
5. What are the benefits of studying logical reasoning for the CA Foundation exam?
Ans. Studying logical reasoning for the CA Foundation exam can help improve your problem-solving skills, analytical thinking abilities, and decision-making capabilities. It also enhances your ability to understand complex concepts and effectively apply them in different scenarios.
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