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 Page 1


1 
Test Series: April, 2019 
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 
Test Series: April, 2019 
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 
Test Series: April, 2019 
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 
Test Series: April, 2019 
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 
Test Series: April, 2019 
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 Sample Paper Series- II - Business Laws for CA Foundation

1. What is the CA Foundation exam?
Ans. The CA Foundation exam is an entry-level examination conducted by the Institute of Chartered Accountants of India (ICAI). It is the first level of the Chartered Accountancy course and can be attempted by students who have completed their 10+2 education.
2. How can I apply for the CA Foundation exam?
Ans. To apply for the CA Foundation exam, you need to visit the official website of ICAI and register as a student. After registration, you will receive a registration number which you can use to fill out the exam application form online during the specified dates. The application fee can be paid online or through a demand draft.
3. What are the subjects included in the CA Foundation exam?
Ans. The CA Foundation exam consists of four subjects: Fundamentals of Accounting, Principles and Practice of Accounting, Business Mathematics and Logical Reasoning, and Business Economics and Business and Commercial Knowledge.
4. How many attempts do I have to clear the CA Foundation exam?
Ans. You are allowed a maximum of six attempts to clear the CA Foundation exam. However, if you are unable to clear the exam within six attempts, you can re-register and start the process again.
5. What are the passing criteria for the CA Foundation exam?
Ans. To pass the CA Foundation exam, you need to score a minimum of 40% marks in each subject and an aggregate of 50% marks in all subjects combined. Additionally, you must also meet the criteria for exemption in each subject, which requires scoring a minimum of 60% marks.
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,

Previous Year Questions with Solutions

,

Free

,

Sample Paper

,

Sample Paper Series- II | Business Laws for CA Foundation

,

ppt

,

MCQs

,

Extra Questions

,

Summary

,

Semester Notes

,

video lectures

,

Sample Paper Series- II | Business Laws for CA Foundation

,

practice quizzes

,

Important questions

,

Exam

;