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 methods of finding interest are:
  • A. One
  • B. Two
  • C. Three
  • D. Four
2 Principal = Rs. 5000, Interest = 10%, Period = half year interest = ?
  • A. Rs. 1000
  • B. Rs. 500
  • C. Rs. 250
  • D. Rs. 200
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 Interest is classified in
  • A. Two classes
  • B. Three classes
  • C. Four classes
  • D. None of these
5
  • A. 4 : 3
  • B. 3 : 4
  • C. 9 : 3
  • D. 3 : 1
6 At what rate you can double your amount in a years.
  • A. 5% p.a
  • B. 6% p.a
  • C. 8% p.a
  • D. 9% p.a
7 Amount of interest varies from period to period in:
  • A. Simple interest
  • B. Compound interest
  • C. Both a and b
  • D. None of these
8 If 3x + 2 = 2x + 6 then x is equal to.
  • A. 4
  • B. 5
  • C. 6
  • D. 7
9 What percent Rs. 30 is of 300
  • A. 30%
  • B. 10%
  • C. 20%
  • D. 15%
10 Quantity discount buy 2 get 3 is equal to:
  • A. 20%
  • B. 33 1/2 %
  • C. 67 2/3 %
  • D. None of the above

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
A

Ali Imtiaz

Lahore09 - Mar - 2025

10/15
12 Mins 46 Sec

Share your comments questions here
Sort By:
X

Sign in

to continue to ilmkidunya.com

inquiry-image

Free Admission Advice

Fill the form. Our admission consultants will call you with admission options.

X

Sign in

to continue to ilmkidunya.com

X

Sign in

to continue to ilmkidunya.com

X

Forgot Password

to continue to ilmkidunya.com

X

Register Type

Please Provide following information to Register

  • Student
  • Tutor
  • Consultant
  • Employer