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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 discount which is calculated on list price of goods is called
  • A. Trade discount
  • B. Cash discount
  • C. Rebate
  • D. None of these
2 The methods of finding interest are:
  • A. One
  • B. Two
  • C. Three
  • D. Four
3 Amount of annuity is always:
  • A. Present value
  • B. Current Value
  • C. Both a and b
  • D. Future value
4 What percent Rs. 30 is of 300
  • A. 30%
  • B. 10%
  • C. 20%
  • D. 15%
5 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
6 The fractional form of 8.5% is
  • A.
  • B.
  • C.
  • D.
7
  • A. 4 : 3
  • B. 3 : 4
  • C. 9 : 3
  • D. 3 : 1
8 Interest is:
  • A. Rent
  • B. Wage
  • C. Salary
  • D. Commission
9 Interest is classified in
  • A. Two classes
  • B. Three classes
  • C. Four classes
  • D. None of these
10 Principal = Rs. 5000, Interest = 10%, Period = half year interest = ?
  • A. Rs. 1000
  • B. Rs. 500
  • C. Rs. 250
  • D. Rs. 200

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

F

Faizan Rajpoot

Lahore06 - May - 2024

15/15
35 Sec
A

Asad Butt

Lahore07 - May - 2024

15/15
38 Sec
A

Asad Butt

Lahore07 - May - 2024

15/15
59 Sec
A

Asad Butt

Lahore07 - May - 2024

15/15
01 Mins 04 Sec
M

Muhammad Murtasim

Lahore07 - May - 2024

15/15
01 Mins 07 Sec
B

Basim Azhar

Lahore03 - May - 2024

15/15
01 Mins 51 Sec

SWEERA GHULAM

Lahore05 - May - 2024

15/15
02 Mins 12 Sec
Q

Qazi Muhammad Bin

Lahore20 - May - 2024

15/15
02 Mins 24 Sec
Q

Qazi Muhammad Bin

Lahore19 - May - 2024

15/15
02 Mins 46 Sec
A

Abdullah Wajid

Lahore07 - May - 2024

15/15
03 Mins 17 Sec
A

Asad Butt

Lahore05 - May - 2024

15/15
06 Mins 52 Sec
F

Faizan Rajpoot

Lahore06 - May - 2024

14/15
35 Sec
A

Angle Jasmine

Lahore05 - May - 2024

14/15
58 Sec
A

Alishba Mumtaz

Lahore03 - May - 2024

14/15
01 Mins 01 Sec
A

Angle Jasmine

Lahore05 - May - 2024

14/15
01 Mins 12 Sec

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