Question # 1

Depreciation is loss in value of:

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Fixed asset

Current asset

Money

None of these

Profit on an item of cost Rs.1000 C4.5% is:

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Rs.45

Rs.955

Rs.50

None of these

General form of a quadratic equation is.

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ax² + bx + c = 0

ax² + bx + c = 1

ax² - bx - c = 0

ax² + bx - c = 0

Lowest term of 60:360 is

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6:1

1:6

6:36

5:36

The fractional form of 8.5% is

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The positive difference among the sale price and cost price is called

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Loss

Profit

Percentage

Ratio

20% of 70

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41

14

140

1400

Decimal form of 3.75 %

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375

37.5

0.0375

0.375

Two homogeneous quantities which expressed in different unit of measurement is called a

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Price

Profit

Rate

Ratio

Number of terms in a proportion are

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2

4

3

5

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Business Mathematics Icom Part 1 Chapter 1 Online Test MCQs With Answers

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