The dynamical equations describing the evolution of a self-gravitating fluid of cold dark matter (CDM) can be written in the form of a Schrodinger equation coupled to a Poisson equation describing Newtonian gravity. It has recently been shown that, in the quasi-linear regime, the Schrodinger equation can be reduced to the exactly solvable free-particle Schrodinger equation. The free-particle Schrodinger equation forms the basis of a new approximation scheme -the free-particle approximation - that is capable of evolving cosmological density perturbations into the quasi-linear regime. The free-particle approximation is essentially an alternative to the adhesion model in which the artificial viscosity term in Burgers equation is replaced by a non-linear term known as the quantum pressure. Simple one-dimensional tests of the free-particle method have yielded encouraging results. In this paper we comprehensively test the free-particle approximation in a more cosmologically relevant scenario by appealing to an N-body simulation. We compare our results with those obtained from two established methods: the linearized fluid approach and the Zeldovich approximation. We find that the free-particle approximation comprehensively out-performs both of these approximation schemes in all tests carried out and thus provides another useful analytical tool for studying structure formation on cosmological scales.