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

The fractional form of 8.5% is

Question # 2

Annuity classified into categories is:

Question # 3

The difference of cost price and sales price is called

Question # 4

What percent Rs. 30 is of 300

Question # 5

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

Question # 6

Quantity discount buy 2 get 3 is equal to:

Question # 7

The ratio between 80 and 640 is

Question # 8

Sni is read us:

Question # 9

Never ending annuity is:

Question # 10

At what rate you can double your amount in a years.

Question # 11

Interest is:

Question # 12

Amount of interest varies from period to period in:

Question # 13

Annuity is used in

Question # 14

Amount of annuity is always:

Question # 15

The methods of finding interest are:

Prepare Complete Set Wise Chapter 2 "Business Mathematics Icom Part 1 Chapter 2 Online Test" MCQs Online With Answers


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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 What percent Rs. 30 is of 300
A. 30%
B. 10%
C. 20%
D. 15%
2 A number six time is 180 find the number
A. 10
B. 20
C. 30
D. 40
3 Amount of annuity is always:
A. Present value
B. Current Value
C. Both a and b
D. Future value
4 The formula for finding rate is
5 f (x) = √x is:
A. Constant function
B. Compound function
C. Not a polynomial function
D. None of these
6 If 3x + 2 = 2x + 6 then x is equal to.
A. 4
B. 5
C. 6
D. 7
7 The difference of cost price and sales price is called
A. Profit%
B. Loss
C. Loss%
D. Profit
8
Question Image
A. 4 : 3
B. 3 : 4
C. 9 : 3
D. 3 : 1
9 Interest is:
A. Rent
B. Wage
C. Salary
D. Commission
10 The ratio between 80 and 640 is
A. 1 : 4
B. 2 : 4
C. 1 :8
D. 4 : 6

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