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 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
2 S<sub>ni</sub> is read us:
  • A. S angle i at n
  • B. S angle n at i
  • C. Amount S at i
  • D. Annuity S at n
3 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
4
  • A. 4 : 3
  • B. 3 : 4
  • C. 9 : 3
  • D. 3 : 1
5 The formula for finding rate is
  • A.
  • B.
  • C.
  • D.
6 Interest is classified in
  • A. Two classes
  • B. Three classes
  • C. Four classes
  • D. None of these
7 The fractional form of 8.5% is
  • A.
  • B.
  • C.
  • D.
8 Never ending annuity is:
  • A. Ordinary annuity
  • B. Annuity due
  • C. Perpetuity
  • D. Annuity
9 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
10 The methods of finding interest are:
  • A. One
  • B. Two
  • C. Three
  • D. Four

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

A

Ali Hassan

Lahore26 - Nov - 2024

12/15
05 Mins 38 Sec
H

Hiba Khan

Lahore16 - Nov - 2024

11/15
04 Mins 13 Sec

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