2nd Chapter

11th Business Mathematics Chapter 2 Test

Here you can prepare 11th Class Business Mathematics Chapter 2 Mathematics of Finance Test. Click the button for 100% free full practice test.

First Year Business Mathematics Chapter 2 Online MCQ Test for 1st Year Business Mathematics Chapter 2 (Mathematics of Finance)

This online test contains MCQs about following topics:

Introduction of Mathematics of finance . Interest . Annuity

ICOM Part 1 Business Mathematics Ch. 2 Test
ic

First Year Business Mathematics Chapter 2 Online MCQ Test for 1st Year Business Mathematics Chapter 2 (Mathematics of Finance)

Sr. # Questions Answers Choice
1 The fractional form of 8.5% is
  • A.
  • B.
  • C.
  • D.
2 Amount of interest varies from period to period in:
  • A. Simple interest
  • B. Compound interest
  • C. Both a and b
  • D. None of these
3 The discount which is calculated on list price of goods is called
  • A. Trade discount
  • B. Cash discount
  • C. Rebate
  • D. None of these
4 In compound interest method, the interest earned is considered as to be:
  • A. Reinvested
  • B. De-invested
  • C. Both a and b
  • D. None of these
5 The difference of cost price and sales price is called
  • A. Profit%
  • B. Loss
  • C. Loss%
  • D. Profit
6 Amount of annuity is always:
  • A. Present value
  • B. Current Value
  • C. Both a and b
  • D. Future value
7 Annuity classified into categories is:
  • A. Four
  • B. Three
  • C. Two
  • D. Five
8 Interest is classified in
  • A. Two classes
  • B. Three classes
  • C. Four classes
  • D. None of these
9 A number six time is 180 find the number
  • A. 10
  • B. 20
  • C. 30
  • D. 40
10 To find the inverse of a matrix A we use the formula.
  • A. |A|/Adj A<br>
  • B. |A| Adj A
  • C. Adj A/ |A|<br>
  • D. None

Top Scorers of Business Mathematics Icom Part 1 Chapter 2 Online Test

A

Ali Imtiaz

Lahore10 - Mar - 2025

15/15
35 Sec
A

Ali Imtiaz

Lahore10 - Mar - 2025

15/15
55 Sec
A

Ali Imtiaz

Lahore10 - Mar - 2025

14/15
28 Sec
A

Ali Imtiaz

Lahore10 - Mar - 2025

14/15
02 Mins 11 Sec
A

Ali Imtiaz

Lahore10 - Mar - 2025

13/15
02 Mins 07 Sec
A

Ali Imtiaz

Lahore10 - Mar - 2025

12/15
03 Mins 31 Sec
D

DEMON LAYER

Lahore11 - Jan - 2025

10/15
04 Mins 01 Sec
A

Ali Imtiaz

Lahore09 - Mar - 2025

10/15
12 Mins 46 Sec

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