Question # 1

Interest is:

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Rent

Wage

Salary

Commission

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

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4

5

6

7

The fractional form of 8.5% is

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The formula for finding rate is

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Annuity is used in

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Simple arithmetic

Function

equation

Mathematics of Finance

A number six time is 180 find the number

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10

20

30

40

Never ending annuity is:

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Ordinary annuity

Annuity due

Perpetuity

Annuity

Annuity classified into categories is:

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Four

Three

Two

Five

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

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Rs. 1000

Rs. 500

Rs. 250

Rs. 200

f (x) = √x is:

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Constant function

Compound function

Not a polynomial function

None of these

Amount of interest varies from period to period in:

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Simple interest

Compound interest

Both a and b

None of these

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

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

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

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|A|/Adj A

|A| Adj A

Adj A/ |A|

None

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4 : 3

3 : 4

9 : 3

3 : 1

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

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