Allama Iqbal Open University, Islamabad: (Department of Mathematics)

ALLAMA IQBAL OPEN UNIVERSITY, ISLAMABAD
(Department of Mathematics)
WARNING
1. PLAGIARISM OR HIRING OF GHOST WRITER(S) FOR SOLVING
THE ASSIGNMENT(S) WILL DEBAR THE STUDENT FROM AWARD
OF DEGREE/CERTIFICATE, IF FOUND AT ANY STAGE.
2. SUBMITTING ASSIGNMENT(S) BORROWED OR STOLEN FROM
OTHER(S) AS ONE’S OWN WILL BE PENALIZED AS DEFINED IN
“AIOU PLAGIARISM POLICY”.
Course: Introduction to Business Mathematics (1349)
Level: I.com Semester: Spring, 2021
Total Marks: 100
Pass Marks: 40
ASSIGNMENT No. 1
(Units 1–4)
Note: Attempt all questions and each question carries equal marks.
Q.1 a) A and B are in partnership. A gets as double as B’s profit. If A gets Rs.4600
as Profit, then find what will B get? What is the total profit and ratio between
the profits of A and B?
b) Divide Rs.880 in three parts so that 3 times the first, 5 times the second and 8
time the third are all mutually equal?
c) Define commission rate. How it is different from wage? What is commission
1
on Rs. 3000 @ 33 %. (10+10)
3
Q.2 a) One manufacturer offers a dishwasher at discount of 12 %,8% and 4%, while
another manufacturer offered a comparable dishwasher for the same list price
at discounts of 15%,5% and 4%. Which is the better buy?
b) An accidental motor cycles of cost Rs. 50,800 is sold at a loss of 47.5%. Find
the loss s and selling price.
c) Differentiate compound interest method from simple interest method. Write
formula for computing accumulated amount by compound interest method.
(10+10)
Q.3 a) A man need to borrow Rs. 800,000 for two years. Which of the following
loan is more advantageous to him:
i. 4.1% simple interest, or
ii. 4% per annum compounded semi-annually.
1
b) An annuity of Rs.5000 payable at the end of each year amounts to Rs.27082
in five years. Find the rate of interest of the annuity.
c) What is meant by the following terms?
i. Sum/Amount of an annuity.
ii. Present value of annuity (7+7+6=20)
Q.4 a) Qasim has deposited Rs. 10,000 at the end of each month for 20 years into an
account which paid 3 % compounded monthly. How, much he did he have in
the fund at the end of that time?
b) A manufacturer wishes a markup of 25% on an item with cost of Rs.2700.
What are the markup on the selling price?
c) Define depreciation. Name two methods of calculating depreciation. Write
formula to find the value of assets after n years. (10+10)
Q.5 a) The annual installment of the depreciation for a machine of value

Rs.7,00,000 with its scrap value Rs. 60,000 at the end of 20 years. Also
calculate rate of depreciation and value of the asset after 10 years.
1
b) An agent earned Rs. 52,000 commission at the rate of 4 2 % sealing a
running departmental store. What was the selling price of the store?
c) Define the terms successive discount. Give formula of computing discount
rate for given quantity discount offer. What is discount rate in offer “Buy two
get three”? (10+10)
ASSIGNMENT No. 2
(Units 5–9)
Total Marks: 100
Pass Marks: 40
Note: Attempt all questions and each question carries equal marks.
1  2 2  1
Q.1 a) Let A=   and B =  . Find a metrix X satisfying the given
4 3 0 5 
equation.
i. 2 X = 2 A + 3 B ii. 3 X = A – 3 B
m n x y t s
b) Given the matrices; P =  ,x  ,T  . Verify the following
p q   z w t u 
statement.
i. P (X+T) = PX + PT (Descriptive Property) (10+`10=20)
2
1 1 1
 
Q.2 a) Determine the inverse of   2 3  1 by using the matrix of cofactor
5 4 2 

approach
b) If A is a square matrix, then show that A + At is symmetric? (14+6=20)
Q.3 a) Find the solution of the given equation by factorization, quadratic formula
and completing square method.
x2 – 2x – 15 = 0
2/3 1/3
b) Solve: x –2x – 8 = 0 (12+8=20)
Q.4 a) Draw the graphs of the following function:

f (x)=| x-2 |
b) A company prepares shirts with its cost function C(x)=100000-50x where x
represents the number of shirts. During a sale the company announces the
sale price of Rs. 1000 per shirt. Then what is break- even point for this sale
complain. (8+12=20)
Q.5 a) Simplify the following in binary system:

i) {(10001101)2 x (235)10}- (27)10
ii) {(10111101)2 ÷ (133)10}x (10111)2
b) Evaluate the following:
i) (1111111) 2 +(1000111)2
ii) (100011.01001)2 ÷ (111) 2 (12+8=20)

Allama Iqbal Open University, Islamabad: (Department of Mathematics)

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ALLAMA IQBAL OPEN UNIVERSITY, ISLAMABAD

Q.5 a) The annual installment of the depreciation for a machine of value

Q.4 a) Draw the graphs of the following function:

Q.5 a) Simplify the following in binary system:

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