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Business Mathematics Icom Part 1 Online Test MCQs With Answers
Question # 1
The positive difference among the sale price and cost price is called
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Loss
Profit
Percentage
Ratio
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Question # 2
If matrix contains single column and 3 rows then this type of matrix is called.
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Row matrix
Column matrix
Null matrix
Identity matrix
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Question # 3
According to text (C-S)>0 is:
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Loss
Profit
Mark-up
Mark-down
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Question # 4
A matrix with same number of rows and columns is known as:
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Diagonal matrix
Scalar matrix
Square matrix
None
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Question # 5
The origin is:
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(0,x)
(y,0)
(0,0)
(x,y)
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Question # 6
A square matrix whose elements below the main diagonal are all zero is called.
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Upper triangular matrix
Lower triangular matrix
Rectangular
Row matrix
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Question # 7
Formula to calculate compounded amount is:
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P(1 + i)
n
P(1 + i)
-n
R (1 + i)
P (1 - i)
n
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Question # 8
If A is matrix of order mxn then to get AB, the matrix B must be order of
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m x m
P x P
m x P
n x P
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Question # 9
A square matrix A is said to be singular if
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Question # 10
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Unit matrix
Diagonal matrix
Square matrix
Singular matrix
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Question # 11
(145)
10
= ( )
2
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10010001
10010111
11100001
10001001
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Question # 12
Every proportion consists of:
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One term
Two terms
Three terms
4 terms
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Question # 13
The ratio between 80 and 640 is
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1 : 4
2 : 4
1 :8
4 : 6
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Question # 14
(100011)
2
x (1101)
2
= ---------------------------
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(111000111)
2
(100011001)
2
(100000001)
(110011001)
2
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Question # 15
The discount which is calculated on list price of goods is called
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Trade discount
Cash discount
Rebate
None of these
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