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

1. What is the CA Foundation exam and who is eligible to take it?
Ans. The CA Foundation exam is the entry-level examination for the Chartered Accountancy course in India. It is designed for students who have completed their Class 12th education. Candidates who are pursuing or have completed their higher secondary education (10+2) in any stream are eligible to register for the CA Foundation course.
2. What subjects are covered in the CA Foundation exam?
Ans. The CA Foundation exam consists of four subjects: Principles and Practice of Accounting, Business Laws, Business Correspondence and Reporting, and Business Mathematics and Logical Reasoning. Each subject is crucial for understanding the fundamentals of accounting and business.
3. How can I prepare effectively for the CA Foundation exam?
Ans. Effective preparation for the CA Foundation exam involves creating a study plan, understanding the syllabus, practicing previous years’ question papers, and taking mock tests. It is also important to stay updated with any changes in the syllabus or exam pattern and to revise regularly.
4. What is the passing criteria for the CA Foundation exam?
Ans. To pass the CA Foundation exam, candidates must score a minimum of 40% in each subject and an aggregate of 200 marks out of 400 across all subjects. It is essential to focus on both individual subject performance and overall aggregate to clear the exam.
5. When are the CA Foundation exams conducted and how can I apply?
Ans. The CA Foundation exams are conducted twice a year, typically in May and November. Candidates can apply for the exam online through the official website of the Institute of Chartered Accountants of India (ICAI) by filling out the examination form and paying the necessary fees within the specified registration period.
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