First Year Business Mathematics Chapter 2 Online MCQ Test for 1st Year Business Mathematics Chapter 2 (Mathematics of Finance)

This online test contains MCQs about following topics:

Introduction of Mathematics of finance . Interest . Annuity

ICOM Part 1 Business Mathematics Ch. 2 Test
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MCQ's Test For Chapter 2 "Business Mathematics Icom Part 1 Chapter 2 Online Test"

Try The MCQ's Test For Chapter 2 "Business Mathematics Icom Part 1 Chapter 2 Online Test"

  • Total Questions15

  • Time Allowed20

Business Mathematics Icom Part 1 Chapter 2 Online Test

00:00
Question # 1

A number six time is 180 find the number

Question # 2

Annuity classified into categories is:

Question # 3

The formula for finding rate is

Question # 4

Amount of interest varies from period to period in:

Question # 5

The fractional form of 8.5% is

Question # 6

Amount of annuity is always:

Question # 7

f (x) = √x is:

Question # 8

The ratio between 80 and 640 is

Question # 9

Interest is:

Question # 10

Principal = Rs. 5000, Interest = 10%, Period = half year interest = ?

Question # 11

What percent Rs. 30 is of 300

Question # 12

The methods of finding interest are:

Question # 13

Interest is classified in

Question # 14

Sni is read us:

Question # 15

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

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2nd Chapter

11th Business Mathematics Chapter 2 Test

Here you can prepare 11th Class Business Mathematics Chapter 2 Mathematics of Finance Test. Click the button for 100% free full practice test.

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ICom Part 1 Business Mathematics Chapter 2 Important MCQ's

Sr.# Question Answer
1 A number six time is 180 find the number
A. 10
B. 20
C. 30
D. 40
2 In compound interest method, the interest earned is considered as to be:
A. Reinvested
B. De-invested
C. Both a and b
D. None of these
3 What percent Rs. 30 is of 300
A. 30%
B. 10%
C. 20%
D. 15%
4 The ratio between 80 and 640 is
A. 1 : 4
B. 2 : 4
C. 1 :8
D. 4 : 6
5 f (x) = √x is:
A. Constant function
B. Compound function
C. Not a polynomial function
D. None of these
6 The fractional form of 8.5% is
7 Annuity is used in
A. Simple arithmetic
B. Function
C. equation
D. Mathematics of Finance
8 Amount of interest varies from period to period in:
A. Simple interest
B. Compound interest
C. Both a and b
D. None of these
9 Never ending annuity is:
A. Ordinary annuity
B. Annuity due
C. Perpetuity
D. Annuity
10 Interest is classified in
A. Two classes
B. Three classes
C. Four classes
D. None of these

Test Questions

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