lOMoARcPSD|52305634
DMS 101 Management Mathematics 1
Management mathematics I (KCA University)
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UNIVERSITY EXAMINATIONS: 2015/2016
FINALEXAMINATION FOR THE DIPLOMA IN BUSINESS
MANAGEMENT
DMS 101 MANAGEMENT MATHEMATICS 1
DATE: AUGUST 2016 TIME: 𝟏 𝟏⁄𝟐 HOURS
DISTANCE LEARNING
INSTRUCTIONS: Answer any THREE Questions
QUESTION ONE (20 MARKS)
a) Differentiate between disjoint sets and Overlapping sets (4 Marks)
b) How is management mathematics applied at your place of work and in your home?
(4 Marks)
c) Kamau is a money lender operating at Kikuyu Township. He lends money to his
customers at an interest of 5% compounded monthly. John borrows sh. 20,000 from
Kamau to repair his motor cycle that operates in Kikuyu Town. He is to repay the money
in 5 equal monthly installments of sh. 4,000 plus the accrued interest
Required:
i) Compute the total amount of money John pays to Kamau at the end of the 5
months period (4 Marks)
ii) Determine the amount of money John pays to Kamau each month for the 5 months
(4 Marks)
iii) What is the percentage profit that Kamau makes from John at the end of the 5
months period (4 Marks)
1|Page
Downloaded by JULIET OJWANDO ()
DMS 101 Management Mathematics 1
Management mathematics I (KCA University)
Scan to open on Studocu
Studocu is not sponsored or endorsed by any college or university
Downloaded by JULIET OJWANDO ()
, lOMoARcPSD|52305634
UNIVERSITY EXAMINATIONS: 2015/2016
FINALEXAMINATION FOR THE DIPLOMA IN BUSINESS
MANAGEMENT
DMS 101 MANAGEMENT MATHEMATICS 1
DATE: AUGUST 2016 TIME: 𝟏 𝟏⁄𝟐 HOURS
DISTANCE LEARNING
INSTRUCTIONS: Answer any THREE Questions
QUESTION ONE (20 MARKS)
a) Differentiate between disjoint sets and Overlapping sets (4 Marks)
b) How is management mathematics applied at your place of work and in your home?
(4 Marks)
c) Kamau is a money lender operating at Kikuyu Township. He lends money to his
customers at an interest of 5% compounded monthly. John borrows sh. 20,000 from
Kamau to repair his motor cycle that operates in Kikuyu Town. He is to repay the money
in 5 equal monthly installments of sh. 4,000 plus the accrued interest
Required:
i) Compute the total amount of money John pays to Kamau at the end of the 5
months period (4 Marks)
ii) Determine the amount of money John pays to Kamau each month for the 5 months
(4 Marks)
iii) What is the percentage profit that Kamau makes from John at the end of the 5
months period (4 Marks)
1|Page
Downloaded by JULIET OJWANDO ()
