Hello Future Chartered Accountant
Hope you all are safe.
I am back with another article for CA foundation Dec 2021 covering details about Paper no 3, Business Mathematics and Logical reasoning & Statistics.
I assume you have read my previous articles on Accounts and Business Law subjects.
If not, Don't worry I will provide links to them.
Also Read: CA Foundation Nov/Dec 2021 Accounts
Also Read: CA Foundation Nov/Dec 2021 Law
This article will cover all necessary details and information required to clear CA Foundation Business Mathematics Logical reasoning & Statistics subjects in the FIRST ATTEMPT.
👉CA Foundation Paper No 3 is divided into three parts.
- Part A covers Business Mathematics and contains eight chapters.
- Part B covers Logical reasoning and contains five chapters.
- Part C covers Statistics and contains six chapters.
| PART A Business Mathematics | PART B Logical Reasoning | PART C Statistics |
|---|---|---|
| 1.Ratio & Proportion, Indices, Log | 9. Number Series | 14. Statistical Description |
| 2.Equation & Matrices | 10. Direction Tests | 15.Central Tendency & Dispersion |
| 3.Linear Inequalities | 11. Seating Arrangements | 16.Probability |
| 4.Time Value of Money | 12. Blood relations | 17.Theoretical Distributions |
| 5.Permutation & Combinations | 13. Syllogism | 18.Co-relation & Regression |
| 6.Sequence & Series | 19.Index Numbers & Time series | |
| 7.Sets, functions & relations | ||
| 8.Calculus |
In the nutshell, you need to cover a total of nineteen chapters.
But wait, ICAI is kind enough. They deleted three chapters viz Chapter 2 unit II Matrices, Chapter 13 Syllogism, and Chapter 19 Unit II time series.
ICAI Notification Link: https://resource.cdn.icai.org/64995bos52260.pdf
💃Let us begin our learning journey.
💡Table of contents
✔Free Youtube Classes
✔Study Material
✔Chapter-wise Weightage
✔MTP
✔Revision
👉Free Classes
PART A: Business Mathematics
The Chapter-wise link for classes is given below.
| Serial No | Particulars | Playlist |
|---|---|---|
| 1 | Complete Course | Link |
| 2 | Ratio & Proportion | Link |
| 3 | Indices | Link |
| 4 | Logarithms | Link |
| 5 | Equations | Link |
| 6 | Time Value of Money | Link |
| 7 | Linear Inequalities | Link |
| 8 | Arithmetics Progression | Link |
PART B: Logical Reasoning
| Serial No | Particulars | Playlist |
|---|---|---|
| 1 | Number Series | Link |
| 2 | Direction tests | Link |
| 3 | Seating Arrangements | Link |
| 4 | Blood Relations | Link |
| 5 | Syllogism | Link |
PART C: Statistics
| Serial No | Particulars | Playlist |
|---|---|---|
| 1 | Complete Course | Link |
Disclaimer: For the safer side I have provided all the Chapter-wise links of business mathematics and Logical reasoning & statistics.
But ICAI has deleted some topics.
Notification: https://resource.cdn.icai.org/64995bos52260.pdf
👉Relevant Study Material applicable for Nov/Dec 2021
Note: ICAI deleted Chapter 2 unit II Matrices, Chapter 13 Syllogism, and Chapter 19 Unit II time series, thus those are not provided above.
👉CHAPTER-WISE WEIGHTAGE
CA Foundation Paper No 3 carries 100 marks. It is comprised of three parts
Part A: Business Mathematics carries 40 marks
Part B: Logical Reasoning carries 20 marks
Part C: Statistics carries 40 marks
PART A: BUSINESS MATHEMATICS (40 MARKS)
| Sections | Chapter | Weightage |
|---|---|---|
| I | Ratio & Proportion, Indices and log | 20%-30% |
| Equation & Matrices | ||
| Linear Inequalities | ||
| II | Time Value of Money | 30%-40% |
| III | Permutations & Combinations | 30%-50% |
| Sequence & Series | ||
| Sets, Relations, and functions | ||
| Calculus |
PART B: LOGICAL REASONING (20 MARKS)
| Sections | Chapter | Weightage |
|---|---|---|
| I | Number Series | 60%-70% |
| Direction Tests | ||
| Seating Arrangements | ||
| II | Blood Relations | 30%-40% |
| Syllogism | 30%-50% |
PART C: STATISTICS (40 MARKS)
| Sections | Chapter | Weightage |
|---|---|---|
| I | Statistical Data | 45%-50% |
| Central Tendency & Dispersion | ||
| II | Probability | 25%-30% |
| Theoretically Distribution | ||
| III | Correlation & Regression | 10%-15% |
| IV | Index Numbers & Time Series | 10%-15% |
👉Relevant MTP
Studies from MTP form a crucial part in the preparation for exams. Attempting MTP gives you an insight into what questions are asked in exams and how candidates should present answers in the exams.
MTP for Nov/Dec 2021
| Series I | Questions | Answers |
| Series II | Questions | Answers |
👉Revisions
Revise the subjects as much as you can. The number of revisions differs from person to person. Ideally, revise the subject up to three times.
CA Rucha Sharda shared a detailed strategy to crack the CA foundation at first attempt
Link: Study Strategy
ICAI published a reference for quick revision.
Link: quick revision
CAEXAMANIAC is now on FACEBOOK, Instagram,& LINKED.IN.
I made an effort to present all relevant materials in one place.
It will save you time from searching the various websites.
This is all for the blog.
I hope you like my efforts. Stay tuned for more such information.

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