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In CPT, we have 4 papers:
Fundamentals of Accounting
Mercantile Law
General Economics
Quantiative Aptitude- which comprise of Mathematics and Statistics
You should try a good coaching center for CPT preparations as they plays a very important role in determining our result. Solve the 2 modules that ICAI provides. Try solving all the questions in our material. Buy a CPT scanner and solve it. The more you practice the more is your chance of achieving CPT. Your hardwork and luck will determine your result. Try to get in the December attempt itself because lot of changes are to be introduced in CPT in 2016. So, because of this, the pass rate may sometime increase.

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Hello,
Here are a few good tips:
*Test Series:
Do join a test series, online or offline, doesn't matter. You have to give all tests with full preparation. As it enables you to fail faster, earlier and more often. Give all test as if you are appearing for UPSC preliminary examination. Start revising at least three days before the test. And always keep a balance between class and test preparation.
*Classes:
If you are attending any classes, do attend all of them. Sit far away from anyone you know personally. Listen to teacher diligently. Make note of every single keyword they are dictating. Revise the class in half an hour on a daily basis.
*Self Study:
At least 6 hours per day cumulatively. Make your own goals depending upon your talent, knowledge base, potential and learning speed. Try to achieve at least 70% of that goal. Study whenever, wherever.
*Books to avoid:
Any book which is difficult to revise I.e having more than 500 pages
India after Independence, India after Gandhi, India Year Book (Read summary only), Manorama Year Book, Indias struggle for independence etc.
Also avoid doubling of books for same subject like DD Basu, Subhash Kashyap etc as only Laxmikanth is needed for polity.
Avoid any market magazine except Yojana.
*Distractions:
Avoid heeding to advise of so-called well-wishers, who always try to demoralize you and pull you down. Do not be bogged down by sheer syllabus or number of candidates that apply for the examination.