Vivitsu's REVIEWER CMA Foundation Paper-3 Fundamentals of Business Mathematics and Statistics - For Dec 2026 & Jun 2027
| Author : | Vivitsu' |
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| A complete question bank for CMA Foundation Paper 3, Fundamentals of Business Mathematics and Statistics, applicable for the December 2026 and June 2027 examinations and covering the full ICMAI syllabus. It carries 1,292+ MCQs — the largest bank in the series — compiled chapter-wise from the ICMAI Study Material, the MCQ Bank, 14 Model Question Papers and 12 Previous Year Papers, with a quick review of the important concepts and formulae at the head of each chapter, a topic-wise break up, reference of every question back to its source, LDR questions marked for final revision, and an ABC analysis ranking chapters by examination weightage. The mathematics section covers ratio and proportion, indices and surds, equations including simultaneous and quadratic, logarithms, simple and compound interest and annuities, arithmetic, geometric and harmonic progressions, set theory and Venn diagrams, and permutations and combinations; the statistics section covers the collection, classification, tabulation and presentation of data, measures of central tendency and dispersion, correlation and regression, index numbers, time series analysis and probability. Vivitsu REVIEWER series. |
236
English
For Dec 2026 & Jun 2027
Tags: EXAMINATION BOOKS, • CMA Foundation, Business Mathematics and Statistics, Quantitative Aptitude
Vivitsu's REVIEWER™ — CMA Foundation Paper 3: Fundamentals of Business Mathematics and Statistics, applicable for the December 2026 and June 2027 examinations. A question bank covering the complete ICMAI syllabus for Paper 3.
Paper 3 is the paper candidates most often leave until last and most often regret leaving. It is almost entirely formula-driven, and in an objective examination that cuts both ways: a candidate who knows the formula and recognises the question type scores quickly and reliably, while one who half-remembers it loses the mark outright, because there is no partial credit for method in an MCQ.
That makes Paper 3 the paper where practice volume pays off most directly, and this is the largest question bank in the Foundation series — 1,292+ MCQs, compiled chapter-wise from the ICMAI Study Material, a dedicated MCQ Bank, 14 Model Question Papers and 12 Previous Year Papers, every question referenced to its source. A quick review of important concepts opens each chapter, putting the formulae in front of the student before the drill begins.
Key Features
- 1,292+ MCQs — the largest question bank in the Vivitsu CMA Foundation series.
- Chapter-wise compilation from the ICMAI Study Material (SM), the MCQ Bank, 14 Model Question Papers and 12 Previous Year Papers.
- Quick review of important concepts at the head of each chapter — the formulae collected where they are needed.
- Topic-wise break up, so a single weak formula area can be drilled in isolation.
- Reference to all questions, traceable to source.
- LDR questions marked for the final revision pass.
- ABC Analysis — chapters ranked by examination weightage.
- 100% syllabus coverage.
- Applicable for the Dec'26 and Jun'27 attempts.
Coverage
Section A — Fundamentals of Business Mathematics
- Arithmetic — ratio and proportion, indices and surds, and their application to business problems.
- Algebra — equations, simultaneous and quadratic equations, and their solution.
- Logarithms, their laws and applications.
- Simple and compound interest, including annuities and the time value of money.
- Arithmetic, geometric and harmonic progressions, and their summation.
- Set theory, Venn diagrams, and the counting problems built on them.
- Permutations and combinations, and the standard arrangement and selection problems.
Section B — Fundamentals of Business Statistics
- Collection, classification, tabulation and presentation of data, and the diagrammatic and graphic forms.
- Measures of central tendency — mean, median, mode, and the geometric and harmonic means, with their merits and limitations.
- Measures of dispersion — range, quartile deviation, mean deviation, standard deviation and the coefficient of variation.
- Correlation — scatter diagram, Karl Pearson's coefficient and Spearman's rank correlation.
- Regression — the lines of regression and the regression coefficients.
- Index numbers — construction, the principal formulae, and the tests of adequacy.
- Time series analysis — the components, and the measurement of trend.
- Probability — the basic concepts, the addition and multiplication theorems, and conditional probability.
Who Should Buy This Book?
- CMA Foundation candidates sitting Paper 3 in the December 2026 or June 2027 attempt.
- Students from an arts or commerce background who have not studied mathematics since school and need structured drilling.
- Repeat candidates for whom Paper 3 was the paper that did not clear.
- Students in the final weeks, where the ABC analysis and LDR marking decide what gets revised.
- Coaching institutes and faculty running CMA Foundation batches.
- B.Com, BBA and other commerce students, where the business mathematics and statistics syllabus overlaps closely.
- Candidates for other competitive examinations with a quantitative aptitude component.
Why Choose This Book?
Mathematics and statistics are the subjects where a question bank most clearly outperforms a textbook. The syllabus is a finite list of problem types, and the examination asks them in recognisable forms. A candidate who has worked 1,292 questions has met every form several times and will recognise the fourth one in the hall without reconstructing the theory. A candidate who has read the Study Material carefully but solved little will not.
The 12 Previous Year Papers are especially valuable in this paper, because they show which formulae the examiner actually favours and at what level of difficulty — information that no amount of reading supplies. Combined with the ABC analysis of chapter weightage and the LDR marking for last-pass revision, this is a book designed around how the final month of preparation is actually spent.
