CONFIDENTIAL CS/JULY 2021/MAT402

UNIVERSITI TEKNOLOGI MARA

FINAL ASSESSMENT

COURSE : BUSINESS MATHEMATICS

COURSE CODE : MAT402
EXAMINATION : JULY 2021
TIME : 1.5 HOURS

ANSWER SCHEME

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CONFIDENTIAL CSJULY 2021/MAT402

No. Solution Marks Remark

1a

March : 30 − 7 = 23 M1

April : 30

May : 30

June : 30

July : 15

Total : 128 days A1

S = P(1 + rt )
  128  
S = 2700 1 + 0.05   M1M1
  365  
S = RM 2, 747.34 A1

5 marks
1b S = P(1 + rt ) B1
S
P=
1 + rt
11960 M1M1
P=
  6 
1 +  0.08   
  12  
P = RM 11,500 A1
4 marks

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CONFIDENTIAL CSJULY 2021/MAT402

S = P(1 + i ) n
2
k 0.06
i= = = 0.03
m 2
n = mt = 2(2) = 4 M1

S1 = 12000(1 + 0.03) 4
M1
= RM 13506.11

P2 = 13506.11 + 2500
= RM 16006.11 M1

n = mt = 2(1) = 2

S2 = 16006.11(1 + 0.03) 2 M1
= RM 16980.88 A1

5 marks
3
A = 200000 − (20%  200000 = 160000 ) , n = 12  15 = 180 B1

M1
1 − (1 + i)−n 
A = R 
 i 
  0.12 
−180

 1 − 1 +   M1
160000 = R  
12  
 0.12  M1
 
 12 
R = RM 1,920 .27 A1

1 − (1 + i)−n 
A = R 
 i 
  0.12  
−90 M1
 1 − 1 +  
A = 1920 .27  
12   M1
 0.12 
 
 12 
A1
A = RM 113,604 .87

8 marks

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CONFIDENTIAL CSJULY 2021/MAT402

4a B = 8000 − 900 = 7100 M1

2mI
r=
B(n + 1)

2(12 )I M1
0.035 =
7100 (20 + 1)
A1
I = RM 217 .44

B +I M1
R=
n

7100 + 217 .44

R=
20 M1

R = RM 365 .87 A1

6 marks
4b k = 20 − 12 = 8
M1
 k (k + 1) 
OPB = (R  k ) − I  
 n(n + 1) 

 8(8 + 1) 
OPB = (365 .87  8 ) − 217 .44  
 20 (20 + 1)
M1M1

A1
OPB = RM 2,889 .68

4 marks
5a 1 dec-20 dec-->no cash discount B1
Total paid = 5000 (1 − 0.2 )(1 − 0.15 ) + 70 M1M1

= RM 3470 A1
4 marks
5b Net payment = 5000 (1 − 0.2 )(1 − 0.15 ) M1
A1
= 3400
Total discount = 5000 − 3400 M1
= RM1600 A1
4 marks
6a Min selling price = BEP
BEP = C + OE
BEP = 50000 + 0.15 ( 50000 ) M1M1
BEP = 50000 + 7500
BEP = 57500
M1
BEPeach = RM 57.50 A1

4 marks

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CONFIDENTIAL CSJULY 2021/MAT402

6b SP=50000+15000 M1
SP=65000
SPeach = RM 65 A1
Total Income = 400 ( 65 ) + 600 ( 57.5 ) M1
Total Income = 26000 + 34500
Total Income = 60500 A1
Total net profit = 60500 − 57500 M1
A1
= RM 3000
6 marks

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