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Business Mathematics Icom Part 1 Online Test MCQs With Answers
Question # 1
Lowest term of 60:360 is
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6:1
1:6
6:36
5:36
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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
System of simultaneous equations is solved by:
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Factorization
Subtraction of addition
Substitution
Both b and c
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Question # 4
The formula for finding rate is
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Question # 5
Two homogeneous quantities which expressed in different unit of measurement is called a
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Price
Profit
Rate
Ratio
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Question # 6
In any function there will be only one:
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Independent variable
Dependent variable
Random variable
None of these
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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
Commission is:
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Remuneration
Salary
Wages
None of these
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Question # 9
Aa
x
+ Ba
-x
= C is a standard form of
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Exponential equation
Linear equation
Quadratic equation
Reciprocal equation
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Question # 10
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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Question # 11
The fractional form of 8.5% is
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Question # 12
f (x) = √n is:
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Constant function
Compound function
Not a polynomial function
None of these
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Question # 13
A set of all values of 'x' is called
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Function
Domain
Range
Constant function
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Question # 14
5x - 2 = 10 is a
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Open sentence
Right sentence
False sentence
Equation
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Question # 15
Interest is classified in
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Two classes
Three classes
Four classes
None of these
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Question # 16
Range is asset of all:
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Output values
Input values
Both input & output values
None of these
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