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

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11th Business Mathematics Chapter 2 Test

This online test contains MCQs about following topics:

Business Mathematics Icom Part 1 Chapter 2 Online Test

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  • Total Questions15

  • Time Allowed20

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Business Mathematics Icom Part 1 Chapter 2 Online Test

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Question # 1

The difference of cost price and sales price is called

Question # 2

Quantity discount buy 2 get 3 is equal to:

Question # 3

To find the inverse of a matrix A we use the formula.

Question # 4

A number six time is 180 find the number

Question # 5

Amount of annuity is always:

Question # 6

The ratio between 80 and 640 is

Question # 7

In compound interest method, the interest earned is considered as to be:

Question # 8

Interest is classified in

Question # 9

The fractional form of 8.5% is

Question # 10

The formula for finding rate is

Question # 11

Principal = Rs. 5000, Interest = 10%, Period = half year interest = ?

Question # 12

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Question # 13

Interest is:

Question # 14

What percent Rs. 30 is of 300

Question # 15

The discount which is calculated on list price of goods is called

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Introduction of Mathematics of finance . Interest . Annuity

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