Question # 1

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

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Rs. 1000

Rs. 500

Rs. 250

Rs. 200

S_ni is read us:

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S angle i at n

S angle n at i

Amount S at i

Annuity S at n

Interest is:

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Rent

Wage

Salary

Commission

A number six time is 180 find the number

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10

20

30

40

Annuity is used in

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Simple arithmetic

Function

equation

Mathematics of Finance

Never ending annuity is:

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Ordinary annuity

Annuity due

Perpetuity

Annuity

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

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Reinvested

De-invested

Both a and b

None of these

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

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Trade discount

Cash discount

Rebate

None of these

What percent Rs. 30 is of 300

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30%

10%

20%

15%

The difference of cost price and sales price is called

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Profit%

Loss

Loss%

Profit

At what rate you can double your amount in a years.

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5% p.a

6% p.a

8% p.a

9% p.a

Amount of interest varies from period to period in:

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Simple interest

Compound interest

Both a and b

None of these

If 3x + 2 = 2x + 6 then x is equal to.

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4

5

6

7

Interest is classified in

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Two classes

Three classes

Four classes

None of these

The formula for finding rate is

More Classes

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Business Mathematics Icom Part 1 Chapter 2 Online Test MCQs With Answers

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