Business Mathematics Icom Part 1 Online Test With Answers

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Business Mathematics Icom Part 1 Online Test

Sr. # Questions Answers Choice
1 Annuity classified into categories is: Four Three Two Five
2 Never ending annuity is: Ordinary annuity Annuity due Perpetuity Annuity
3 At what rate you can double your amount in a years. 5% p.a 6% p.a 8% p.a 9% p.a
4 Amount of interest varies from period to period in: Simple interest Compound interest Both a and b None of these
5 In compound interest method, the interest earned is considered as to be: Reinvested De-invested Both a and b None of these
6 Principal = Rs. 5000, Interest = 10%, Period = half year interest = ? Rs. 1000 Rs. 500 Rs. 250 Rs. 200
7 The methods of finding interest are: One Two Three Four
8 Interest is: Rent Wage Salary Commission
9 General form of a quadratic equation is. ax<sup>2</sup> + bx + c = 0 ax<sup>2</sup> + bx + c = 1 ax<sup>2</sup> - bx - c = 0 ax<sup>2</sup> + bx - c = 0
10 The degree of equation 5x2 + 7x + 6 is. 2 3 4 5
11 The two expressions on the both sides of the equality sign is called. Sides of equation L.H.S R.H.S Equation
12 A square matrix A is said to be singular if. |A| = 0<br> |A|&nbsp;≠ 0 |A| = 1 |A|&nbsp;≠ 1
13 45% of 900 is: 450 400 405 300
14 Discount is: Difference Sum Product Quotient
15 Depreciation is loss in value of: Fixed asset Current asset Money None of these
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