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1. The monthly income
of two persons are in the ratio 4:5 and their monthly expenditures are in the
ratio 7:9. If each saves Rs. 50 per month find their monthly incomes.
2. A tour operator
charges rs. 136 per passenger for 100 passengers with a discount of Rs. 4 for
each 10 passengers in excess of 100. Determine the number of passengers that
will maximize the amount of money the tour operator services.
3. A firm has current
sales of Rs. 50000 e0.02t per month. The firm wants to embark upon a certain
advertising campaign that will increase the sales by 2% every month over the 12
months period of campaign. Find total increase of sales as a result of the
campaign.
4. There are two
branches of an establishment employing 200 and 160 persons respectively. If the
AMs of the monthly salaries paid by the two branches are Rs.550 and Rs. 450 respectively,
find AM of the salaries of the employees of the establishment as a whole.
5. Calculate the median
for the following frequency distribution
Marks 5-10 10-15 15-20
20-25 25-30
30-35 35-40
40-45
45-50
No of Students 7 15
24 31
42 30
26 15
10
6. For the cost function
y = 500x - 40x2 + 3x3 for x units, find the average cost, marginal cost and
marginal average cost.
7. A man borrows Rs.
1500 and agrees to repay the debt in 5 equal installments with 6% interest,
compounded annually. If the first payment is to be made at the end of the first
year, how much should each payment be?
8. A manufacturer can
sell x items per month at a price of P = 300 – 2x rupees. Producing x items
cost the manufacturer y rupees where y = 2x + 1000. How much production will yield
maximum profit.
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