Free online practice test
Business Mathematics and Statistics Full Mock Test 1
CMA Foundation · CMA Foundation (Paper 3: Business Mathematics and Statistics)
Syllabus-checked original practice
Mapped to the official Business Mathematics and Statistics syllabus and answer-checked on 15 August 2026.
View official syllabus sourceScoring note: No negative marking, matching the official Paper 3 scheme. Raw score out of 30 shown here; the official paper is out of 100.
Before you begin
- 1This full-length mock contains 30 original questions across 2 Business Mathematics and Statistics sections.
- 2Each wrong answer deducts marks using the scoring rule shown above. Unattempted questions score zero.
- 3You can mark a question for review and come back to it later using the question palette.
- 4The timer starts as soon as you click "Start test" and the test auto-submits when time runs out.
- 5You can review your answers and explanations for every question immediately after submitting.
About this CMA Foundation Business Mathematics and Statistics mock test
This free mock contains 30 original practice questions mapped to the CMA Foundation Business Mathematics and Statistics syllabus and pattern. Every checked answer includes an explanation and a source record.
What the test covers
Business Mathematics
12 questions
Statistics
18 questions
Scoring and result analysis
Correct answers earn 1 mark and wrong answers deduct 0 marks. Unattempted questions score zero. After submitting, you receive section-wise and topic-wise accuracy, time spent, answer explanations, and source links.
Frequently asked questions
Is this an official ICMAI question paper?
No. It is an independent practice mock containing original questions mapped to the official CMA Foundation Paper 3 (Fundamentals of Business Mathematics and Statistics) syllabus.
What are the CMA Foundation passing marks?
You need at least 40% in each of the four papers and 50% aggregate across all four combined, the same dual condition ICAI uses for CA Foundation.
Is there an exemption if I score well in one CMA Foundation paper?
No. Unlike some other ICMAI and ICAI levels, there is no paper-wise exemption or carry-forward at the Foundation level. If your aggregate falls short, you reappear for all four papers again, even the ones you individually passed.
Is there negative marking in CMA Foundation?
No. Each correct answer earns a point, with no deduction for a wrong or unattempted question.