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 Quantity discount buy 2 get 3 is equal to:
  • A. 20%
  • B. 33 1/2 %
  • C. 67 2/3 %
  • D. None of the above
2 What percent Rs. 30 is of 300
  • A. 30%
  • B. 10%
  • C. 20%
  • D. 15%
3 Amount of interest varies from period to period in:
  • A. Simple interest
  • B. Compound interest
  • C. Both a and b
  • D. None of these
4 A number six time is 180 find the number
  • A. 10
  • B. 20
  • C. 30
  • D. 40
5 Interest is classified in
  • A. Two classes
  • B. Three classes
  • C. Four classes
  • D. None of these
6 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
7 Never ending annuity is:
  • A. Ordinary annuity
  • B. Annuity due
  • C. Perpetuity
  • D. Annuity
8 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
9 Interest is:
  • A. Rent
  • B. Wage
  • C. Salary
  • D. Commission
10 The formula for finding rate is
  • A.
  • B.
  • C.
  • D.

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

A

Ali Hassan

Lahore26 - Nov - 2024

12/15
05 Mins 38 Sec
D

DEMON LAYER

Lahore11 - Jan - 2025

10/15
04 Mins 01 Sec

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