Question # 1

Annuity is used in

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Simple arithmetic

Function

equation

Mathematics of Finance

Do AB = BA?

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Never

Yes

May or may not

None of these

A linear equation consist of roots

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One

Two

Zero

Three

Commission is:

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Remuneration

Salary

Wages

None of these

The order of matrix [a]

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1 x 1

2 x 1

0 x 1

1 x 0

Amount of interest varies from period to period in:

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Simple interest

Compound interest

Both a and b

None of these

A square matrix A is said to be singular if.

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|A| = 0

|A| ≠ 0

|A| = 1

|A| ≠ 1

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

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Trade discount

Cash discount

Rebate

None of these

Cramer's rule is used to solve

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System of quadratic equation

System of linear equation

Any system of equation

None

f(x)=ax + b is a form of

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Quadratic function

Linear function

Constant function

Explicit function

Number of terms in a proportion are

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2

4

3

5

The decimal number "2" in binary number system is equivalent to:

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0

1

10

11

f(x)=2x + 1 is a form of

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Linear function

Quadratic function

Odd function

Even function

The formula for finding rate is

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The difference of cost price and sales price is called

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Profit%

Loss

Loss%

Profit

Quantity discount buy 2 get 3 is equal to:

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20%

33 1/2 %

67 2/3 %

None of the above

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