Business Mathematics Icom Part 1 Chapter 2 Online Test With Answers

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Business Mathematics Icom Part 1 Chapter 2 Online Test

Sr. # Questions Answers Choice
1 f (x) = √x is: Constant function Compound function Not a polynomial function None of these
2 Quantity discount buy 2 get 3 is equal to: 20% 33 1/2 % 67 2/3 % None of the above
3 To find the inverse of a matrix A we use the formula. |A|/Adj A<br> |A| Adj A Adj A/ |A|<br> None
4 If 3x + 2 = 2x + 6 then x is equal to. 4 5 6 7
5 Sni is read us: S angle i at n S angle n at i Amount S at i Annuity S at n
6 Amount of annuity is always: Present value Current Value Both a and b Future value
7 Annuity classified into categories is: Four Three Two Five
8 Never ending annuity is: Ordinary annuity Annuity due Perpetuity Annuity
9 At what rate you can double your amount in a years. 5% p.a 6% p.a 8% p.a 9% p.a
10 Amount of interest varies from period to period in: Simple interest Compound interest Both a and b None of these
11 In compound interest method, the interest earned is considered as to be: Reinvested De-invested Both a and b None of these
12 Principal = Rs. 5000, Interest = 10%, Period = half year interest = ? Rs. 1000 Rs. 500 Rs. 250 Rs. 200
13 The methods of finding interest are: One Two Three Four
14 Interest is: Rent Wage Salary Commission
15 4 : 3 3 : 4 9 : 3 3 : 1
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