first terminal examination - 2076 · 3. write any two differences between share and debenture. [2]...

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First Terminal Examination - 2076 GRADE: XII Subject: Accountancy Full Marks: 100 Time: 3:00hrs. Pass Marks: 40 Candidates are required to give their answers in their own words as far as practicable. The figures in the margin indicates full marks. Set A Attempt All 1. Clarify the meaning of Public Limited Company. [2] 2. Briefly explain any three features of company. [3] 3. Write any two differences between equity and preference share. [2] 4. Write in brief about Memorandum Of Association. [3] 5. Write the meaning of debentures. [2] 6. Differentiate between Public and Private limited company. [3] 7. Write the meaning of Called Up and Paid Up Capital. [2] 8. Write the meaning of share. How it is different from debentures? [3] 9. A limited company offered 5,000 shares of Rs 100 each for public subscription, payable Rs 30 on application, Rs 20 on allotment and Rs 50 on first and final call. Applications were received for 6,000 shares And allotted in the following manner: Group Share Applied Shares Allotted A 4,000 4,000 B 2,000 1,000 The board decided that the excess amount received on applications is to be utilized on allotments and call money. All the money were duly received. Required: Journal Entries for application, allotment and Call. [2+2+2] 10. Aradhana Company limited issued 20,000 shares of Rs 100 each at 10 % discount payable as Rs 20 0n application, Rs 40 on allotment. First and final call money was not yet called. Application were received For 30,000 shares. Excess applications were rejected and shares were distributed. All the money were received except one shareholder holding 300 shares failed to pay allotment money. Required: Journal Entries for application and allotment [2+2] 11. X Ltd forfeited 300 shares of Rs 100 each for non payment of first call of Rs 20 and final call of Rs 30. These shares were reissued for Rs 90 each. Required: Journal Entries for forfeiture, reissue and transfer [2+2+1] 12. Himalayan Limited forfeited 600 shares of Rs 100 each issued at 10% discount for non-payment of Rs 40 on allotment. First and final call of Rs 20 was not yet called. Out of these shares, 400 shares were reissued for Rs 60 per share as Rs 80 paid up. Required: Journal Entries for forfeiture, reissue and transfer [2+2+1] 13. Ozone Limited took over the following assets and liabilities: Land and Building RS 7,00,000 Furniture RS 40,000 Debtors RS 60,000 Creditors RS 2,55,000 Bills Payable RS 5,000 The company paid the purchase consideration amount by issuing 4,500 shares of RS 100 each at 10% premium. Required: Journal Entries [5] 14. Following assets and liabilities of Liverpool Limited was taken over for Rs 8,00,000. Premises Rs 6,00,000 Equipment Rs 40,000 Cash and Bank Rs 50,000 Rent due RS 20,000 Inventory Rs 30,000 Advance Income Rs 25,000 Bank Overdraft Rs 20,000 Prepaid Expenses Rs 45,000 Purchase price was discharged by issuing shares of Rs 100 eacsh at 20% discount. Required: Journal Entries [5] 15. D company limited issued 300 8% debentures of RS 100 each at 10% discount payable after 5 years at 10% premium. Required: Journal Entries [5] 16. Parbat Limited issued 500 10% debentures of Rs 50 each at 10% premium which is redeemable after 6 years at 10% discount. Required: Journal Entries [5] 17. Trial Balance of X Ltd for the year ending 31 st December 2018 is under: Particulars Debit (Rs) Particulars Credit (Rs) Opening Stock Purchase Furniture Machinery Building Debtors Tax Paid (last year) Cash Carriage Wages Salaries Rent 20,000 4,30,000 1,50,000 1,28,000 3,00,000 40,000 3,000 15,000 3,000 25,000 50,000 60,000 38,000 32,000 Share Capital 10% Debentures Discount P&L Account Interest Provision for bad debts Sales Creditors 3,00,000 1,00,000 10,000 1,70,000 6,000 4,000 8,70,000 54,000

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Page 1: First Terminal Examination - 2076 · 3. Write any two differences between share and debenture. [2] 4. Write in brief about Articles Of Association. [3] 5. Write the meaning of debentures

First Terminal Examination - 2076 GRADE: XII

Subject: Accountancy Full Marks: 100

Time: 3:00hrs. Pass Marks: 40

Candidates are required to give their answers in their own words as far as

practicable. The figures in the margin indicates full marks.

Set A

Attempt All

1. Clarify the meaning of Public Limited Company. [2]

2. Briefly explain any three features of company. [3]

3. Write any two differences between equity and preference share. [2]

4. Write in brief about Memorandum Of Association. [3]

5. Write the meaning of debentures. [2]

6. Differentiate between Public and Private limited company. [3]

7. Write the meaning of Called Up and Paid Up Capital. [2]

8. Write the meaning of share. How it is different from debentures? [3]

9. A limited company offered 5,000 shares of Rs 100 each for public subscription,

payable Rs 30 on application, Rs 20 on allotment and

Rs 50 on first and final call. Applications were received for 6,000 shares

And allotted in the following manner:

Group Share Applied Shares Allotted

A 4,000 4,000

B 2,000 1,000

The board decided that the excess amount received on applications is to be

utilized on allotments and call money. All the money were duly received.

Required: Journal Entries for application, allotment and Call. [2+2+2]

10. Aradhana Company limited issued 20,000 shares of Rs 100 each at 10 %

discount payable as Rs 20 0n application, Rs 40 on allotment. First and final

call money was not yet called. Application were received For 30,000 shares.

Excess applications were rejected and shares were distributed. All the money

were received except one shareholder holding 300 shares failed to pay

allotment money.

Required: Journal Entries for application and allotment [2+2]

11. X Ltd forfeited 300 shares of Rs 100 each for non payment of first call of Rs

20 and final call of Rs 30. These shares were reissued for Rs 90 each.

Required: Journal Entries for forfeiture, reissue and transfer [2+2+1]

12. Himalayan Limited forfeited 600 shares of Rs 100 each issued at 10% discount

for non-payment of Rs 40 on allotment. First and final call of Rs 20 was not yet

called. Out of these shares, 400 shares were reissued for Rs 60 per share as

Rs 80 paid up.

Required: Journal Entries for forfeiture, reissue and transfer [2+2+1]

13. Ozone Limited took over the following assets and liabilities:

Land and Building RS 7,00,000 Furniture RS 40,000

Debtors RS 60,000 Creditors RS 2,55,000

Bills Payable RS 5,000

The company paid the purchase consideration amount by issuing 4,500

shares of RS 100 each at 10% premium.

Required: Journal Entries [5]

14. Following assets and liabilities of Liverpool Limited was taken over

for Rs 8,00,000.

Premises Rs 6,00,000 Equipment Rs 40,000

Cash and Bank Rs 50,000 Rent due RS 20,000

Inventory Rs 30,000 Advance Income Rs 25,000

Bank Overdraft Rs 20,000 Prepaid Expenses Rs 45,000

Purchase price was discharged by issuing shares of Rs 100 eacsh at 20%

discount.

Required: Journal Entries [5]

15. D company limited issued 300 8% debentures of RS 100 each at 10%

discount payable after 5 years at 10% premium.

Required: Journal Entries [5]

16. Parbat Limited issued 500 10% debentures of Rs 50 each at 10% premium

which is redeemable after 6 years at 10% discount.

Required: Journal Entries [5]

17. Trial Balance of X Ltd for the year ending 31st December 2018 is under:

Particulars

Debit (Rs) Particulars Credit (Rs)

Opening Stock Purchase Furniture Machinery Building Debtors Tax Paid (last year) Cash Carriage Wages Salaries Rent

20,000 4,30,000 1,50,000 1,28,000 3,00,000

40,000 3,000

15,000 3,000

25,000 50,000 60,000 38,000 32,000

Share Capital 10% Debentures Discount P&L Account Interest Provision for bad debts Sales Creditors

3,00,000 1,00,000

10,000 1,70,000

6,000 4,000

8,70,000 54,000

Page 2: First Terminal Examination - 2076 · 3. Write any two differences between share and debenture. [2] 4. Write in brief about Articles Of Association. [3] 5. Write the meaning of debentures

Selling Expenses Carriage outward Investment Interest

2,10,000 10,000

Total 15,14,000 Total 15,14,000

Additional Information: i. Closing Stock Rs 65,000 ii. Rent payable for two months.

iii. Transfer to general reserve Rs 20,000

iv. Proposed dividend@ 10%

v. Depreciate machinery and furniture by 10%

vi. Outstanding wages Rs 5,000

vii. Prepaid salaries Rs 10,000

Required: Trading Account

Profit and Loss Account

Profit and Loss Appropriation Account

Balance Sheet [3+5+2+5]

18. Trial Balance of a company is as under:

Particulars Debit (Rs)

Particulars Credit(Rs)

Purchase 3,00,000 Sales

6,00,000

Debtors 1,00,000 Creditors

1,00,000

Fixed Assets 6,00,000 Share Capital

4,00,000

Advertisement 35,000 Commission 5,000

Wages 70,000 P&L Account

1,50,000

Rent 90,000 Advance Rent 30,000

Cash 60,000

Insurance 10,000

Carriage 5,000

Interim Dividend 15,000

Total 12,85,000 Total 12,85,000

Additional Information: i. 10% depreciation on fixed assets ii. Closing stock 10,000

iii. Provision for tax Rs 25,000

iv. Prepaid wages Rs 20,000

v. Outstanding Insurance Rs 5,000

vi. Proposed dividend @ 10%

Required: Worksheet [10]

19. Trial balance of Z limited company as on December 31 2015 is given:

Particulars Debit(Rs) Credit(Rs)

Purchase 5,00,000

Wages 40,000

Opening Stock 1,00,000

Calls in Arrears 5,000

Machinery 3,00,000

Furniture 1,00,000

Debtors 1,00,000

10% Investment 15,000

Prepaid Insurance 25,000

Cash 55,000

Rent 40,000

Salaries 60,000

Sales 9,00,000

Share Capital 2,00,000

10% Debentures 1,00,000

Purchase Return 5,000

Creditors 50,000

Advance Interest 15,000

Reserve 10,000

P&L Account 60,000

Total 13,40,000 13,40,000

Additional Information:

i. Closing Stock RS 1,20,000

ii. Depreciation on machinery @ 10%

iii. Provision for tax@10%

iv. Proposed Dividend @10%

v. Rent is Rs 3,000 per month

vi. Write off bad debts Rs 10,000 and create provision @ 10%.

vii. Advance interest earned to the extent of Rs 10,000.

viii. Prepaid insurance expired to the extent of Rs 10,000

Required: Trading Account

Profit and Loss Account

Profit and Loss Appropriation Account

Balance Sheet [3+5+2+5]

Good Luck

Happy Bijaya Dashami

Page 3: First Terminal Examination - 2076 · 3. Write any two differences between share and debenture. [2] 4. Write in brief about Articles Of Association. [3] 5. Write the meaning of debentures

First Terminal Examination - 2076 GRADE: XII

Subject: Accountancy Full Marks: 100

Time: 3:00hrs. Pass Marks: 40

Candidates are required to give their answers in their own words as far as

practicable. The figures in the margin indicates full marks.

Set B

Attempt All

1. Clarify the meaning of Private Limited Company. [2] 2. Briefly explain any three features of Public Limited Company. [3] 3. Write any two differences between share and debenture. [2] 4. Write in brief about Articles Of Association. [3] 5. Write the meaning of debentures. [2] 6. Differentiate between Public and Private limited company. [3] 7. Differentiate between equity and preference share. [2] 8. Write the meaning of share. How it is different from debentures? [3] 9. A limited company offered 12,000 shares of Rs 100 each for public

subscription, payable Rs 30 on application, Rs 20 on allotment and Rs 50 on

first and final call. Applications were received for 15,000 shares

And allotted in the following manner:

Group Share Applied Shares Allotted

A 10,000 10,000

B 5,000 2,000

The board decided that the excess amount received on applications is to be

utilized on allotments and call money. All the money were duly received.

Required: Journal Entries for application, allotment and Call. [2+2+2]

10. Aradhana Company limited issued 20,000 shares of Rs 100 each at 10 %

discount payable as Rs 20 0n application, Rs 40 on allotment. First and final

call money was not yet called. Application were received For 30,000 shares.

Excess applications were rejected and shares were distributed. All the money

were received except one shareholder holding 300 shares failed to pay

allotment money.

Required: Journal Entries for application and allotment [2+2]

11. X Ltd forfeited 500 shares of Rs 100 each for non payment of first call of Rs

20 and final call of Rs 30. These shares were reissued for Rs 90 each.

Required: Journal Entries for forfeiture, reissue and transfer [2+2+1]

12. Hillside Limited forfeited 800 shares of Rs 100 each issued at 10% discount

for non-payment of Rs 40 on allotment. First and final call of Rs 20 was not yet

called. Out of these shares, 400 shares were reissued for Rs 60 per share as

Rs 80 paid up.

Required: Journal Entries for forfeiture, reissue and transfer [2+2+1]

13. Om Limited took over the following assets and liabilities:

Land and Building RS 6,00,000 Furniture RS 30,000

Debtors RS 50,000 Creditors RS 2,55,000

Bills Payable RS 10,000

The company paid the purchase consideration amount by issuing 4,500

shares of RS 100 each at 10% premium.

Required: Journal Entries [5]

14. Following assets and liabilities of Liverpool Limited was taken over

for Rs 8,00,000.

Premises Rs 6,00,000 Equipment Rs 40,000

Cash and Bank Rs 50,000 Rent due RS 20,000

Inventory Rs 30,000 Advance Income Rs 25,000

Bank Overdraft Rs 20,000 Prepaid Expenses Rs 45,000

Purchase price was discharged by issuing shares of Rs 100 eacsh at 20%

discount.

Required: Journal Entries [5]

15. D company limited issued 400 8% debentures of RS 100 each at 10%

discount payable after 5 years at 10% premium.

Required: Journal Entries [5]

16. Parbat Limited issued 600 10% debentures of Rs 50 each at 10% premium

which is redeemable after 6 years at 10% discount.

Required: Journal Entries [5]

17. Trial Balance of X Ltd for the year ending 31st December 2018 is under:

Particulars

Debit (Rs) Particulars Credit (Rs)

Opening Stock Purchase Furniture Machinery Building Debtors Advance Tax Paid Cash Carriage Wages Salaries Rent Selling Expenses Carriage outward Investment Interest

20,000 4,30,000 1,50,000 1,28,000 3,00,000

40,000 3,000

15,000 3,000

25,000 50,000 60,000 38,000 32,000

2,10,000 10,000

Share Capital 10% Debentures Discount P&L Account Interest Provision for bad debts Sales Creditors

3,00,000 1,00,000

10,000 1,70,000

6,000 4,000

8,70,000 54,000

Total 15,14,000 Total 15,14,000

Page 4: First Terminal Examination - 2076 · 3. Write any two differences between share and debenture. [2] 4. Write in brief about Articles Of Association. [3] 5. Write the meaning of debentures

Additional Information:

i. Closing Stock Rs 85,000

ii. Rent payable for six months.

iii. Transfer to general reserve Rs 20,000

iv. Proposed dividend@ 10%

v. Depreciate machinery and furniture by 10%

vi. Outstanding wages Rs 8,000

vii. Prepaid salaries Rs 10,000

Required: Trading Account

Profit and Loss Account

Profit and Loss Appropriation Account

Balance Sheet [3+5+2+5]

18. Trial Balance of a company is as under:

Particulars Debit (Rs) Particulars Credit(Rs)

Purchase 3,00,000 Sales 6,00,000

Debtors 1,00,000 Creditors 1,00,000

Fixed Assets 6,00,000 Share Capital

4,00,000

Advertisement 40,000 Commission

10,000

Wages 80,000 P&L Account

1,60,000

Rent 90,000 Advance Rent

30,000

Cash 60,000

Insurance 10,000

Carriage 5,000

Interim Dividend 15,000

Total 13,00,000 Total 13,00,000

Additional Information:

i. 20% depreciation on fixed assets

ii. Closing stock 20,000

iii. Provision for tax Rs 30,000

iv. Prepaid wages Rs 20,000

v. Outstanding Insurance Rs 5,000

vi. Proposed dividend @ 10%

Required: Worksheet [10]

19. Trial balance of Z limited company as on December 31 2015 is given:

Particulars Debit(Rs) Credit(Rs)

Purchase 5,00,000

Wages 40,000

Opening Stock 1,00,000

Calls in Arrears 5,000

Machinery 3,00,000

Furniture 1,00,000

Debtors 1,00,000

10% Investment 15,000

Prepaid Insurance 25,000

Cash 55,000

Rent 40,000

Salaries 60,000

Sales 9,00,000

Share Capital 2,00,000

10% Debentures 1,00,000

Purchase Return 5,000

Creditors 50,000

Advance Interest 15,000

Reserve 10,000

P&L Account 60,000

Total 13,40,000 13,40,000

Additional Information:

i. Closing Stock RS 1,50,000

ii. Depreciation on machinery @ 10%

iii. Provision for tax@20%

iv. Proposed Dividend @10%

v. Rent is Rs 4,000 per month

vi. Write off bad debts Rs 15,000 and create provision @ 10%.

vii. Advance interest earned to the extent of Rs 12,000.

viii. Prepaid insurance expired to the extent of Rs 15,000

Required: Trading Account

Profit and Loss Account

Profit and Loss Appropriation Account

Balance Sheet [3+5+2+5]

Good Luck

Happy Bijaya Dashami

Page 5: First Terminal Examination - 2076 · 3. Write any two differences between share and debenture. [2] 4. Write in brief about Articles Of Association. [3] 5. Write the meaning of debentures

First Terminal Examination - 2076 GRADE: XII

Subject: Business Mathematics Full Marks: 100

Time: 3:00hrs. Pass Marks: 40

SET A

Group A [(102)3=60]

1. a. Rewrite the inequality of −1 < 𝑥 < 7 using absolute value sign.

b. Find the modulus of 8+6𝑖

5−12𝑖 .

2. a. If 𝐴 = {1, 2, 3} and 𝐵 = {2, 3}. Find the relation in 𝐴𝑋𝐵 satisfying 𝑥 +

𝑦 > 4 . Also find the its domain and range.

b. All the students of a college plays volleyball or cricket or both. If 70%

plays volleyball and 65% plays cricket. What percent of student play

volleyball only?

3. a. Insert three arithmetic means between 5 and 405 .

b. Find the three numbers in 𝐺𝑃 whose sum is 14, product is 64.

4. a. If 𝐴 = (1 22 1

), Show that 𝐴2 − 3𝐼 = 2𝐴.

b. Evaluate: |15 1 225 4 346 4 6

|.

5. a. Find the equation of locus of a point if its distance from the origin is

equal to the distance from the point (2, 2).

b. Show that the points (4, 3), (7, −1) and (9, 3) are vertices of an

isosceles triangle.

Page 6: First Terminal Examination - 2076 · 3. Write any two differences between share and debenture. [2] 4. Write in brief about Articles Of Association. [3] 5. Write the meaning of debentures

6. a. If 𝑓(𝑥) = 𝑥2 −1

𝑥2 for −3 ≤ 𝑥 ≤ 3. Find 𝑓(2), 𝑎𝑛𝑑 𝑓(−2).

b. The ABC company finds that the production costs associated with

each article is 𝑅𝑠. 40 and fixed cost is 𝑅𝑠. 30,000. If each article is sold

for 𝑅𝑠. 60. Find the total cost function and profit function.

7. a. Evaluate: lim𝑥→∞

√𝑥 (√𝑥 + 𝑎 ‒ √𝑥).

b. Find the value of 𝑘, the following functions continuous at 𝑥 = 3,

𝑓(𝑥) = {

𝑥2 − 9

𝑥 − 3 𝑓𝑜𝑟 𝑥 ≠ 3

6𝑘 𝑓𝑜𝑟 𝑥 = 3 𝑎𝑡 𝑥 = 3

}

8. a. Find 𝑑𝑦

𝑑𝑥 if 𝑎𝑥2 + 𝑦2𝑏 + 2ℎ𝑥𝑦 = 0

b. Find the derivative of 𝑦 =1

√𝑥+𝑏−√𝑥

9. a. If 2𝐴 + 2𝐵 = (2 7 12

13 12 23) and 𝐴 − 2𝐵 = (

1 0 −1−4 −1 −6

) Find the

matrices 𝐴 and 𝐵.

b. How many terms of the series 20 + 16 + 12 + ⋯ amounts(sum) to 48 ?

10. a. An article is marked to sell at a profit of 16% and put on sale with marked

price in order to make profit of 25% after allowing a discount of 10%. Find

the marked price.

b. If 𝑥 =2𝑎

𝑡 and 𝑦 =

𝑎

𝑡2 Prove that 𝑑𝑦

𝑑𝑥=

1

𝑡.

Group B (𝟖 𝟓 = 𝟒𝟎)

11. Find from first principle the derivative of: √3 − 2𝑥

12 The demand function for a certain commodity is 𝑝 =1

3𝑄2 − 10𝑄 + 75. Find

the value of 𝑄 and the corresponding value of 𝑝 that maximizes the

revenue.

13 Prove by using properties that:

|1 + 𝑥 1 1

1 1 + 𝑦 11 1 1 + 𝑧

| = 𝑥𝑦𝑧(1 +1

𝑥+

1

𝑦+

1

𝑧)

14 Using Cramer’s rule. Solve the following equation:

2𝑥 + 3𝑦 = 44𝑦 − 𝑧 = 5

4𝑦 + 3𝑧 = −5

15. A and B started business with capitals of Rs.5000 and Rs.4000

respectively, after six months they admitted C with capital of Rs.8000. If the

profit at end of the year amounts to Rs.13000, find the profit according to

time devotion.

16. Find from first principle, the derivative of 5𝑥+3

√𝑥

17. Prove that : |1 1 1𝑎 𝑏 𝑐

𝑎3 𝑏3 𝑐3| = (a-b)(b-c)(c-a)(a+ b + c)

18. Find the maximum and minimum values of the curve y = 4x3 ‒ 6x2 ‒ 9x +

1 on the interval (‒1,2). Also find the points of inflection.

𝑩𝒆𝒔𝒕 𝒐𝒇 𝑳𝒖𝒄𝒌 ‼!

Page 7: First Terminal Examination - 2076 · 3. Write any two differences between share and debenture. [2] 4. Write in brief about Articles Of Association. [3] 5. Write the meaning of debentures

First Terminal Examination - 2076 GRADE: XII

Subject: Business Mathematics SET- B Full Marks: 100

Time: 3:00hrs. Pass Marks: 40

Group A (10 2 3 = 60)

1. a. Rewrite the inequality of |3𝑥 − 2| ≤ 7 without using absolute value

sign.

b. If 𝑎 + 𝑖𝑏 = √1+𝑖

1−𝑖 , show that: 𝑎2 + 𝑏2 = 1

2. a. Let 𝐴 = {1, 0, 2, 3, 5} and 𝑓: 𝐴 → 𝑅 be defined by 𝑓(𝑥) =𝑥

𝑥+1. Find the

range of 𝑓.

b. In a city of 26,000 population, 5,000 read English newspaper and

12,000 read Nepali newspaper and 1,000 read both. What percentage

read neither English nor Nepali newspaper?

3. a. Insert 3 Geometric Means between 3

39 and 147 .

b. Find the increasing athematic progression, if the sum of first three

terms is 27 and the sum of their square is 275.

4. a. If 𝐴 = (1 23 1

), Show that 𝐴2 − 4𝐴 + 3𝐼 = 0. Where 𝐼 and O are 2 ∗ 2

identity and null matrix.

b. Evaluate: |1 4 94 9 169 16 25

|.

5. a. Show that the points 𝐴(1, 2), 𝐵(3, 0), 𝐶(7, 4) and 𝐷(5, 6) are vertices

of parallelogram.

b. Find the equation of locus of a point such that the sum of the distances

from the two points (0, 3) 𝑎𝑛𝑑 (0, −3) 𝑖𝑠 8.

6. a. If f(x) is defined as, 𝑓(𝑥) = 4𝑥2 − 1 for −2 ≤ 𝑥 ≤ 1. Find 𝑓 (1

2) ,

𝑎𝑛𝑑 𝑓(2).

b. The XYZ company finds that the variable costs per unit of output is

𝑅𝑠. 10 and fixed cost is 𝑅𝑠. 30,000. If each output is sold for 𝑅𝑠. 25. Find

the total cost function, revenue function and profit function.

7. a. Evaluate: lim𝑥→∞

√𝑥 (√𝑥 + 1 − √𝑥).

b. Find function 𝑓(𝑥) is defined by: 𝑓(𝑥) = {5𝑥 − 4 𝑓𝑜𝑟 0 < 𝑥 ≤ 1

4𝑥3 − 3 𝑓𝑜𝑟 1 < 𝑥 < 1}.

Examine whether or not it is continuous at 𝑥 = 1.

8. a. Find 𝑑𝑦

𝑑𝑥 if 𝑦 =

𝑥2

𝑥−1

b. Find the derivative of 𝑎𝑥2 + 2ℎ𝑥𝑦 + 𝑏𝑦2 + 2𝑔𝑥 + 2𝑓𝑦 + 𝑐 = 0 with

respect to 𝑥.

9. a. If 𝐴 = (2 51 3

) and 𝐵 = (1 −1

−3 2) Find the matrix 𝐴𝐵 and 𝐵𝐴. Is

𝐴𝐵 = 𝐵𝐴?

b. 𝐴 buy an article and sells it to 𝐵 at a profit of 10%. B sells it to 𝐶 at a

gain of 20%. If 𝐶 paid 𝑅𝑠. 924 for it, How did 𝐴 pay for it?

10. a. 𝐴, 𝐵 𝑎𝑛𝑑 𝐶 engaged in business with joint capital of 𝑅𝑠. 18000. 𝐴

gives 𝑅𝑠 2000 more than 𝐵, 𝑎𝑛𝑑 𝐵 gives 𝑅𝑠. 2000 more than 𝐶. Divide

a profit of 𝑅𝑠. 1080 between them.

b. An article was sold at its marked price of 𝑅𝑠. 6200 and a discount of

15% was allowed. The dealer still made a profit of 25%. Find the cost

price.

Group B (𝟖 𝟓 = 𝟒𝟎)

11 Find from first principle the derivative of: 1

√2𝑥+3

12 The demand equation for a certain commodity is 𝑝 =1

3 𝑄2 −

15

2𝑄 + 50.

Find the value of 𝑄 and the corresponding value of 𝑝 that maximizes the

revenue.

13 Prove by using properties that:

|

1 1 1𝑥 𝑦 𝑧

𝑧2 𝑦2 𝑧2| = (𝑥 − 𝑦)(𝑦 − 𝑧)(𝑧 − 𝑥)

14 Using Cramer’s rule. Solve the following equation:

𝑥 + 𝑧 = 1𝑧 + 2𝑦 = 2

9𝑦 − 5𝑥 = 3

15 A and B started business with capitals of Rs.5000 and Rs.4000

respectively, after six months they admitted C with capital of Rs.8000. If

the profit at end of the year amounts to Rs.13000, find the profit according

to time devotion.

16 Find the maximum and minimum values of the curve y = 4x3 ‒ 6x2 ‒ 9x +

1 on the interval (‒1,2). Also find the points of inflection.

17 |𝑎 + 𝑏 + 2𝑐 𝑎 𝑏

𝑐 𝑏 + 𝑐 + 2𝑎 𝑏𝑐 𝑎 𝑐 + 𝑎 + 2𝑏

| = 2(𝑎 + 𝑏 + 𝑐)3

18 Find from first principle, the derivative of 3𝑥+5

√𝑥

Best of Luck

Page 8: First Terminal Examination - 2076 · 3. Write any two differences between share and debenture. [2] 4. Write in brief about Articles Of Association. [3] 5. Write the meaning of debentures

First Terminal Examination - 2076 GRADE: XII

Subject: Business Studies Full Marks: 100

Time: 3:00hrs. Pass Marks: 40

Set-A

Attempt any eight question from group A and any two from group B

Group - A

Short answer questions.

1. What do you mean by management? Explain the functions of

management.

2. What are the levels of management? Explain their functions.

3. Differentiate between management and administration.

4. Explain any eight principles developed by Henry Fayol.

5. What do you mean by planning? Explain its advantages.

6. Explain the limitations of planning.

7. Explain the importance of organization.

8. What is line organization? Explain its advantages.

9. Explain the importance of decentralization of authority.

10. What do you mean by decision making? Explain its importance.

Group - B

Long answer questions

11. Is management art, science and profession? Explain 18

12. Explain the principles of organization. 18

13. What are the methods of departmentation? Explain. 18

First Terminal Examination - 2076 GRADE: XII

Subject: Business Studies Full Marks: 100

Time: 3:00hrs. Pass Marks: 40

Set-B

Attempt any eight question from group A and any two from group B

Group - A

Short answer questions.

1. Define management. Is management a science? Explain.

2. What are the levels of management? Explain functions of all levels.

3. Explain the principles of scientific management.

4. What do you mean by planning? Explain its advantages.

5. Explain the limitations of planning.

6. Explain the importance of organization.

7. Explain briefly the authority, responsibility and accountability.

8. What is line and staff organization? Explain its disadvantages.

9. Explain the importance of delegation of authority.

10. Explain the importance of decision making.

Group - B

Long answer questions

11. Explain the principles of management developed by Henry Fayol. 18

12. What do you mean by delegation of authority? Explain the principles of

Delegation of authority. 3+15=18

13. Explain the methods of departmentation. 18

Page 9: First Terminal Examination - 2076 · 3. Write any two differences between share and debenture. [2] 4. Write in brief about Articles Of Association. [3] 5. Write the meaning of debentures

First Terminal Examination - 2076 GRADE: XII

Subject: Economics Set: I Full Marks: 100

Time: 3:00hrs. Pass Marks: 40

GROUP ‘A’

MICROECONOMICS

Answer any two questions (2×10=20)

1. What is price elasticity of demand? Explain the determinants of elasticity of demand.

2. Explain the law of equi-marginal utility.

3. Explain the law of returns to scale.

Answer any four questions (4×5=20)

4. How is price elasticity of demand measured by point method?

5. Explain the various types of elasticity of supply.

6. What are the importance of the law of diminishing marginal utility?

7. Explain the concept of consumers’ surplus.

8. Explain the nature of marginal product curve in the short run.

Answer all the questions (5×2=10)

9. Define elasticity of supply.

10. List out any four exceptions of the law of diminishing marginal utility.

11. What is marginal utility?

12. Define production.

13. What are the differences between short run and long run production function?

GROUP ‘B’

MACROECONOMICS

Answer any two questions (2×10=20)

14. Explain the concept of open and closed economies with their characteristics.

15. What is national income? Describe the various concepts of national income.

16. Explain the functions of commercial bank with reference to Nepal.

Answer any four questions (4×5=20)

17. Explain the scope of macroeconomics.

18. Explain the income method for the measurement of national income.

19. What are the special problems that are faced while calculating national income in the developing countries like Nepal?

20. Differentiate between money market and capital market.

21. Explain the role of banking system in the economy.

Answer all the questions (5×2=10)

22. What is trade cycle?

23. Define personal income.

24. Define GDP deflator.

25. What is development bank?

26. What is meant by credit creation?

Page 10: First Terminal Examination - 2076 · 3. Write any two differences between share and debenture. [2] 4. Write in brief about Articles Of Association. [3] 5. Write the meaning of debentures

First Terminal Examination - 2076 GRADE: XII

Subject: Economics Set: II Full Marks: 100

Time: 3:00hrs. Pass Marks: 40

GROUP ‘A’

MICROECONOMICS

Answer any two questions (2×10=20)

1. What is price elasticity of demand? How is it measured by the total outlay method?

2. Explain the law of diminishing marginal utility. What are its exceptions?

3. Explain the law of variable proportions.

Answer any four questions (4×5=20)

4. Explain the types of cross elasticity of demand.

5. What are the limitations of the law of maximum satisfaction?

6. Explain the importance of consumers’ surplus.

7. Distinguish between the law of variable proportions and the law of returns to scale.

8. Explain decreasing returns to scale.

Answer all the questions (5×2=10)

9. Define income elasticity of demand.

10. Define utility.

11. List out any four limitations of the law of substitution.

12. What is production function?

13. Define short run and long run production function.

GROUP ‘B’

MACROECONOMICS

Answer any two questions (2×10=20)

14. What is meant by macroeconomic variables? Explain five major macroeconomic variables.

15. Define national income. Explain the difficulties in the measurement of national income.

16. What is central bank? Explain its functions.

Answer any four questions (4×5=20)

17. Distinguish between open and closed economies.

18. Discuss the expenditure method for the measurement of national income.

19. Differentiate between GDP and GNP.

20. How does banking system help in economic development?

21. Write short notes on Capital market and Money market.

Answer all the questions (5×2=10)

22. Define macroeconomics.

23. Define disposable income.

24. Define nominal and real GDP.

25. Define bank.

26. What is meant by credit creation?

Page 11: First Terminal Examination - 2076 · 3. Write any two differences between share and debenture. [2] 4. Write in brief about Articles Of Association. [3] 5. Write the meaning of debentures

First Terminal Examination - 2076 GRADE: XII

Subject: Comp. English Set A Full Marks: 100

Time: 3:00hrs. Pass Marks: 40

Candidates are required to give their answers in their own words as far as

practicable. The marks are given against each of the questions.

1. Read the following text and answer the questions given

below. 5x3=15

The modern age is an age of electricity. People are so used to electric

lights, radio, televisions, and telephones that it is hard to imagine what life

would be like without them. When there is a power failure, people grope

about in flickering candlelight. Cars hesitate in the streets because there

are no traffic lights to guide them, and food spoils in silent refrigerators.

Yet, people began to understand how electricity works only a little more

than two centuries ago. Nature has apparently been experimenting in this

field for millions of years. Scientists are discovering more and more that

the living world may hold many interesting secrets of electricity that could

benefit humanity.

All living cells send out tiny pulses of electricity. As the heart beats, it

sends out pulses of recorded electricity; they form an electrocardiogram,

which a doctor can study to determine how well the heart is working. The

brain, too, sends out brain waves of electricity, which can be recorded in

an electroencephalogram. The electric currents generated by most living

cells are extremely small-of-ten so small that sensitive instruments are

needed to record them. But in some animals, certain muscle cells have

become so specialized as electrical generators that they do not work as

muscle cells at all. When large numbers of these cells are linked together,

the effects can be astonishing.

The electric eel is an amazing storage battery. It can send a jolt of as

much as eight hundred volts of electricity through the water in which it

lives. An electric house current is only one hundred twenty volts. As many

as four fifths of all the cells in the electric eel’s body are specialized for

generating electricity, and the strength of the shock it can deliver

corresponds roughly to the length of its body.

Questions:

(a) What does the passage primarily deal with?

(b) According to the passage, how long is the history of electricity?

(c) Why does the author mention electric eels?

(d) How are biology and electricity related?

(e) Give a suitable title to the passage.

3. Answer ANY ONE of the following: 10

i. What is the contextual significance of the use of anecdotes in the

story? How do these anecdotes help us to understand Alyohin’s

character? Explain in detail. (About Love).

ii. According to Moti Nissani, what are the causes, consequences and

cures of overpopulation and deforestation?

4. Answer ANY FIVE of the following questions: [5x3 = 15]

i. What makes the poem ‘Grandmother’, a nostalgic poem.

ii. Explain, ‘Love is different in each situation’. (About Love)

iii. How does the speaker feel about old age in ‘The Lamentation of the

Old Pensioner’?

iv. How is death presented in the poem ‘Full Fathom Five Thy Father

Lies’?

v. What did the two writers learn about the life and activities of the

people of the Karnali region during their journey on foot? (Hurried Trip

to Avoid a Bad Star)

2. How would you describe a person who………… 5

Example: gives away lots of money ……..generous person

i. doesn’t boast……………

ii. only thinks about himself/herself……………….

iii. always sees the dark side of life…………………

iv. never buys the children a doll……………………

v. easily loses his/her temper………………….

Page 12: First Terminal Examination - 2076 · 3. Write any two differences between share and debenture. [2] 4. Write in brief about Articles Of Association. [3] 5. Write the meaning of debentures

3. Make a list of experiences and/ or achievements for the given person

in five sentences. 5

i. The new party leader, Andrew Fife, is a man of wide and varied

experience.

4. Rewrite the following sentences using ‘seem’. 5

i. You see someone climbing through a window.

ii. The manager listens to his staffs and takes their matter seriously.

iii. Nirnaya always sits on the first bench in the class.

iv. He has nicotine stains on his fingers.

v. Everybody wears masks in Kathmandu.

5. Rewrite the sentences combining together using non defining

relative clause. 5

i. Godfrey decided to be an actor. His parents had been in the theatres.

ii. She lives in New York. She likes living in New York.

iii. The dog was sitting facing the garden. The dog loved travelling in fast

cars.

iv. Mary noticed that he was wearing her ring. She has lost it for five

years before.

v. This was my father's oldest house. I was born in this house.

6. Look at the example, and write about the other topics in the same way.

5

Example:

mean people

The meanest person I ‘ve ever met was Jack Davies. He used to walk

everywhere rather than pay for the bus.

i. high marks in the exam

ii. frightening experiences

iii. funny film

iv. boring jobs

v. stupid mistakes

7. Rewrite the following sentences supplying the correct from of the

words given in the bracket. 5

[ embarrass, offend, annoy, irritate, disgust]

i. His comments were deeply ……….to a large numbers of single

mothers.

ii. It really…………..me when people forget to say thank you.

iii. I have never felt so……………in my life.

iv. I think it’s ………….that they’re closing the local hospital.

v. The way she puts on that accent really …………….me

8. Give arguments for and against the statement: “There is intelligent life on

other planets”. 10

9. Write a police description of a person who has been missing for a week. 5

10. Stating suitable qualifications and experience, write a letter of application

for the post of Primary Level Science Teacher. 10

11. Write some paragraphs on “The day I can never forget”. 5

***

Page 13: First Terminal Examination - 2076 · 3. Write any two differences between share and debenture. [2] 4. Write in brief about Articles Of Association. [3] 5. Write the meaning of debentures

First Terminal Examination - 2076 GRADE: XII

Subject: Comp. English Set B Full Marks: 100

Time: 3:00hrs. Pass Marks: 40

Candidates are required to give their answers in their own words as far as

practicable. The marks are given against each of the questions.

1. Read the following text and answer the questions given

below. 5x3=15

There were two widely divergent influences on the early development of

statistical methods. Statistics had a mother who was dedicated to keeping

orderly records of governmental units (state and statistics come from the

same Latin root. status) and a gentlemanly gambling father who relied on

mathematics to increase his skill at playing the odds in games of chance.

The influence of the mother on the offspring, statistics, is represented by

counting, measuring, describing, tabulating, ordering, and the taking of

censuses-all of which led to modern descriptive statistics. From the

influence of the father came modern inferential statistics, which is based

squarely on theories of probability.

Descriptive statistics involves tabulating, depicting, and describing

collections of data. These data may be either quantitative, such as

measures of height, intelligence, or grade level-159 variables that are

characterized by an underlying continuum-or the data may represent

qualitative variables, such as sex, college major, or personality type.

Large masses of data must generally undergo a process of

summarization or reduction before they are comprehensible. Descriptive

statistics is a tool for describing or summarizing or reducing to

comprehensible form the properties of an otherwise unwieldy mass of

data.

Inferential statistics is a formalized body of methods for solving another

class of problems that present great difficulties for the unaided human

mind. This general class of problems characteristically involves attempts

to make predictions using a sample of observations. For example a

school superintendent wishes to determine the proportion of children in a

large school system who come to school without breakfast have been

vaccinated for flu or whatever. Having a little knowledge of statistics, the

superintendent would know that it is unnecessary and inefficient to

question each child; the proportion for the entire district could be

estimated fairly accurately from a sample of as few as 100 children. Thus,

the purpose of inferential statistics is to predict or estimate characteristics

of a population from a knowledge of the characteristics of only a sample

of the population.

Questions:

i. What are the parental sources of statistics?

ii. Define descriptive statistics and how is it different from

inferential statistics?

iii. What is the general purpose of statistics?

iv. What are variables and how are they classified?

v. Give a suitable title for the passage.

2. Answer ANY ONE of the following: 10

i. Give your idea on ‘Youth and Age’. You may base your answer on the

poem ‘Lamentation of the Old Pensioner’.

ii. What are the two-long term problems, Moti Nissani discusses in his

essay and also write how do they affect our ecological system?

4. Answer ANY FIVE OF the following questions: [5 x 3 = 15]

i. Write two paragraphs describing the economic activities of Karnali

Zone people? (Hurried Trip to Avoid the Bad Star)

ii. Describe the importance of the images of shape, hands and voice in

the poem ‘Grandmother’ and also write how these images make the

poem appealing.

iii. Why does the speaker compare himself with a broken tree?

(Lamentation of the Old Pensioner)

iv. Who sang the song ‘Full Fathom Five Thy Father Lies’ to whom and

why?

Page 14: First Terminal Examination - 2076 · 3. Write any two differences between share and debenture. [2] 4. Write in brief about Articles Of Association. [3] 5. Write the meaning of debentures

v. How does the story ‘About Love’ deal with the issue of class

difference through love?

5. Write definitions for the following. 5

i. A vain person

ii. A credulous person

iii. A placid person

iv. A clumsy person

v. A skeptical person

6. Rewrite the following sentences using ‘Look as if + present perfect’.5

i. You see a man standing outside the gate.

ii. You see a man and a woman talking about their honeymoon trip.

iii. You see a man lying on the floor, laughing.

iv. You see some students discussing about the questions.

v. You see a woman bargaining in a shop.

7. Rewrite the following sentences using ‘(not) used to + ing’. 5

i. Street children beg money from tourists.

ii. Suman walks to the office.

iii. I don’t eat street foods.

iv. Ms. Sudha teaches school children.

v. Khalid sings hip-hop songs.

8. Write a police description of a person who has been involved in gold

smuggling. 5

9. Prepare a speech for or against the statement “A student should have

good knowledge of his national affairs.” 10

10. Stating suitable qualifications and experience, write a letter of application

for the post of Primary Level English Teacher. 10

9. Rewrite the sentences below, beginning with the words given in the

brackets. 5

i. Has anyone ever taken your photo? (Have you ever……)

ii. Someone is laughing at Sita. It’s making her angry. (If there is one

thing…………… )

iii. He is well built and his hands are rough. (He seems………)

iv. I am very much happy today. (This is the first time…………)

v. Look how fast he’s driving. I am really impressed. (I find……..)

10. Rewrite the sentences combining together using non-defining

relative clause. 5

i. Occasionally, Mother had us meet her. We seldom saw her in the house.

ii. The boy started a fire in the classroom. His parents both worked as

teachers at school.

iii. I live in a city. I study in the city.

iv. Mary noticed that he was wearing her ring. She has lost it for five years

before.

v. They live in a house. The roof of the house is full of holes.

11. Write five more sentences for the situation given below explaining what

things were like and what changes had taken place.

5

When I went back to the village where I had grown up, it was almost

unrecognizable.

12. Write some paragraphs about the most memorable day in your student life

at school”. 5

Page 15: First Terminal Examination - 2076 · 3. Write any two differences between share and debenture. [2] 4. Write in brief about Articles Of Association. [3] 5. Write the meaning of debentures

First Terminal Examination - 2076 GRADE: XII

Subject: Marketing Set: A Full Marks: 80

Time: 3:00hrs. Pass Marks: 32

Very short answer question 1x10=10

1. State any two importance of marketing to the business firm.

2. What is marketing?

3. Point our any two supportive components of marketing mix.

4. List out any two types of market on the basis of competition

5. What is demand?

6. Define customer.

7. What do you mean by market?

8. Point out any two advantages of road transportation.

9. State the components of physical distribution?

10. What is buying?

Short answer questions. (Any 5) 8 x 5 = 40

11. What is marketing? Explain the importance of marketing to the

consumer. 2+6

12. What are the four components of marketing mix? Explain. 8

13. Explain the main characteristic of Nepalese market. 8

14. What is buying? Explain the emotional buying motive. 2+6

15. Explain the elements of buying. 8

16. What is transportation? Explain the function of transportation. 8

Long answer question. (Any 2) 15 x 2 = 30

17. What is marketing? Explain the evolution of marketing. 5+10

18. What is warehousing? Explain the function and type of

warehouse. 3+6+6

19. What is marketing environment? Explain the micro economic environment

of marketing. 3+12

First Terminal Examination - 2076 GRADE: XII

Subject: Marketing Set: B Full Marks: 80

Time: 3:00hrs. Pass Marks: 32

Very short answer question. 1x10=10

1. Point out the components of marketing mix.

2. Point out any two importance of marketing to the firm.

3. What is product concept of marketing?

4. Mention any two type of market on the basis of geography.

5. What is buying motive?

6. What do you understand by institutional buyer?

7. Mention any two concept of market.

8. Mention any two advantages of transportation.

9. What is selling?

10. What is grading?

Short answer question. (Any five) 8x5=40

11. Explain the various business concept of marketing. 8

12. Explain the evolution of marketing. 8

13. What is buying motive? Explain the rational buying motive. 2+6

14. What is market? Explain the various concept of market. 2+6

15. What is buying? Explain the various method of buying. 2+6

16. What is warehouse? Define the function of warehouse. 2+6

Long answer question. (Any 2) 15x2=30

17. What is marketing? Explain the importance of marketing to the consumer,

firm and society. 3+4+4+4

18. What is transportation? What is its function? Explain the factors affecting

in selecting mode of transportation. 3+6+6

19. What is marketing environment? Explain the macro environment of

marketing. 3+12