First Year Business Mathematics Chapter 1 Online MCQ Test for 1st Year Business Mathematics Chapter 1 (Business Arithmetic)

This online test contains MCQs about following topics:

Business Arithmetic's Introduction . Proportion . Types of Proportion . Percentage . Business Application of Percentage

ICOM Part 1 Business Mathematics Ch. 1 Test
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ICOM Part 1 English Medium Subjects

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Principles of Accounting
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Principles of Economics
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Principles of Commerce
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English
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Islamiat
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Business Mathematics
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Urdu

ICOM Part 1 Urdu Medium Subjects

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Urdu
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Business Mathematics
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Islamiat
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English
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Principles of Commerce
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Principles of Economics
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Principles of Accounting

MCQ's Test For Chapter 1 "Business Mathematics Icom Part 1 Chapter 1 Online Test"

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Business Mathematics Icom Part 1 Chapter 1 Online Test

00:00
Question # 1

Lowest term of 60:360 is

Question # 2

In order to find profit % we use

Question # 3

Commission is:

Question # 4

Discount is:

Question # 5

The two expressions on the both sides of the equality sign is called.

Question # 6

What percent Rs.300 is of 300:

Question # 7

3.25 is a ratio of:

Question # 8

Quantity discount is always in:

Question # 9

Proportion is usually denoted by

Question # 10

Depreciation is loss in value of:

Question # 11

20% of 70

Question # 12

Decimal form of 3.75 %

Question # 13

Number of terms in a proportion are

Question # 14

The fractional form of 8.5% is

Question # 15

A square matrix A is said to be singular if.

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11th Business Mathematics Chapter 1 Test

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ICom Part 1 Business Mathematics Chapter 1 Important MCQ's

Sr.# Question Answer
1 What percent Rs.300 is of 300:
A. 30%
B. 10%
C. 20%
D. 15%
2 The degree of equation 5x2 + 7x + 6 is.
A. 2
B. 3
C. 4
D. 5
3 45% of 900 is:
A. 450
B. 400
C. 405
D. 300
4 Decimal form of 3.75 %
A. 375
B. 37.5
C. 0.0375
D. 0.375
5 Two homogeneous quantities which expressed in different unit of measurement is called a
A. Price
B. Profit
C. Rate
D. Ratio
6 Profit on an item of cost Rs.1000 C4.5% is:
A. Rs.45
B. Rs.955
C. Rs.50
D. None of these
7 The positive difference among the sale price and cost price is called
A. Loss
B. Profit
C. Percentage
D. Ratio
8 In order to find profit % we use
9 Depreciation is loss in value of:
A. Fixed asset
B. Current asset
C. Money
D. None of these
10 Discount is:
A. Difference
B. Sum
C. Product
D. Quotient

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