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

Sr. # Questions Answers Choice
1 Annuity classified into categories is:
  • A. Four
  • B. Three
  • C. Two
  • D. Five
2 The difference of cost price and sales price is called
  • A. Profit%
  • B. Loss
  • C. Loss%
  • D. Profit
3 A number six time is 180 find the number
  • A. 10
  • B. 20
  • C. 30
  • D. 40
4 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
5 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
6 The discount which is calculated on list price of goods is called
  • A. Trade discount
  • B. Cash discount
  • C. Rebate
  • D. None of these
7 Never ending annuity is:
  • A. Ordinary annuity
  • B. Annuity due
  • C. Perpetuity
  • D. Annuity
8 The ratio between 80 and 640 is
  • A. 1 : 4
  • B. 2 : 4
  • C. 1 :8
  • D. 4 : 6
9 If 3x + 2 = 2x + 6 then x is equal to.
  • A. 4
  • B. 5
  • C. 6
  • D. 7
10 Annuity is used in
  • A. Simple arithmetic
  • B. Function
  • C. equation
  • D. Mathematics of Finance

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
D

DEMON LAYER

Lahore11 - Jan - 2025

10/15
04 Mins 01 Sec

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