Business Mathematics Icom Part 1 Chapter 2 Online Test

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"

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Business Mathematics Icom Part 1 Chapter 2 Online Test

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Question # 1

To find the inverse of a matrix A we use the formula.

Question # 2

The methods of finding interest are:

Question # 3

Amount of interest varies from period to period in:

Question # 4

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

Question # 5

Interest is classified in

Question # 6

The ratio between 80 and 640 is

Question # 7

Sni is read us:

Question # 8

Annuity is used in

Question # 9

Annuity classified into categories is:

Question # 10

Quantity discount buy 2 get 3 is equal to:

Question # 11

f (x) = √x is:

Question # 12

The fractional form of 8.5% is

Question # 13

Interest is:

Question # 14

In compound interest method, the interest earned is considered as to be:

Question # 15

Amount of annuity is always:

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ICom Part 1 Business Mathematics Chapter 2 Important MCQ's

Sr.# Question Answer
1 If 3x + 2 = 2x + 6 then x is equal to.
A. 4
B. 5
C. 6
D. 7
2 The formula for finding rate is
3 Principal = Rs. 5000, Interest = 10%, Period = half year interest = ?
A. Rs. 1000
B. Rs. 500
C. Rs. 250
D. Rs. 200
4 Amount of annuity is always:
A. Present value
B. Current Value
C. Both a and b
D. Future value
5 To find the inverse of a matrix A we use the formula.
A. |A|/Adj A
B. |A| Adj A
C. Adj A/ |A|
D. None
6 The methods of finding interest are:
A. One
B. Two
C. Three
D. Four
7 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
8 The fractional form of 8.5% is
9 The difference of cost price and sales price is called
A. Profit%
B. Loss
C. Loss%
D. Profit
10
Question Image
A. 4 : 3
B. 3 : 4
C. 9 : 3
D. 3 : 1

Test Questions

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