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This online test contains MCQs about following topics:
Introduction of Mathematics of finance . Interest . Annuity
ICOM Part 1 Business Mathematics Ch. 2 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
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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Total Questions15
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Time Allowed20
Business Mathematics Icom Part 1 Chapter 2 Online Test
00:00
Question # 1
The discount which is calculated on list price of goods is called
Question # 2
The difference of cost price and sales price is called
Question # 3
At what rate you can double your amount in a years.
Question # 4
Annuity is used in
Question # 5
In compound interest method, the interest earned is considered as to be:
Question # 6
Interest is:
Question # 7
What percent Rs. 30 is of 300
Question # 8
Amount of annuity is always:
Question # 9
The fractional form of 8.5% is
Question # 10
Interest is classified in
Question # 11
Quantity discount buy 2 get 3 is equal to:
Question # 12
The methods of finding interest are:
Question # 13
Principal = Rs. 5000, Interest = 10%, Period = half year interest = ?
Question # 14
A number six time is 180 find the number
Question # 15
Never ending annuity is:
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.
Top Scorers Of Chapter 2 "Business Mathematics Icom Part 1 Chapter 2 Online Test" MCQ`s Test
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A Asad Butt 07 - May - 2024 00 Min 01 Sec 15/15 -
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M Muhammad Murtasim 07 - May - 2024 00 Min 12 Sec 15/15 -
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F Fatima Asif 31 - May - 2024 01 Min 34 Sec 12/15 -
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S Saima Hameed 07 - May - 2024 02 Min 18 Sec 11/15 -
A Aʏᴀɴ 1754 02 - Dec - 2025 02 Min 50 Sec 11/15 -
H Hiba Khan 16 - Nov - 2024 04 Min 13 Sec 11/15
ICom Part 1 Business Mathematics Chapter 2 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Quantity discount buy 2 get 3 is equal to: |
A. 20%
B. 33 1/2 %
C. 67 2/3 %
D. None of the above
|
| 2 | The fractional form of 8.5% is | |
| 3 | The formula for finding rate is | |
| 4 |
|
A. 4 : 3
B. 3 : 4
C. 9 : 3
D. 3 : 1
|
| 5 | If 3x + 2 = 2x + 6 then x is equal to. |
A. 4
B. 5
C. 6
D. 7
|
| 6 | Annuity classified into categories is: |
A. Four
B. Three
C. Two
D. Five
|
| 7 | The difference of cost price and sales price is called |
A. Profit%
B. Loss
C. Loss%
D. Profit
|
| 8 | Principal = Rs. 5000, Interest = 10%, Period = half year interest = ? |
A. Rs. 1000
B. Rs. 500
C. Rs. 250
D. Rs. 200
|
| 9 | Amount of interest varies from period to period in: |
A. Simple interest
B. Compound interest
C. Both a and b
D. None of these
|
| 10 | Interest is: |
A. Rent
B. Wage
C. Salary
D. Commission
|
Test Questions