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

Annuity is used in

Question # 2

Quantity discount buy 2 get 3 is equal to:

Question # 3

Interest is classified in

Question # 4

Amount of interest varies from period to period in:

Question # 5

The difference of cost price and sales price is called

Question # 6

Annuity classified into categories is:

Question # 7

What percent Rs. 30 is of 300

Question # 8

A number six time is 180 find the number

Question # 9

The ratio between 80 and 640 is

Question # 10

The methods of finding interest are:

Question # 11

Amount of annuity is always:

Question # 12

Interest is:

Question # 13

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

Question # 14

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

Question # 15

Sni is read us:

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

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ICom Part 1 Business Mathematics Chapter 2 Important MCQ's

Sr.# Question Answer
1 Principal = Rs. 5000, Interest = 10%, Period = half year interest = ?
A. Rs. 1000
B. Rs. 500
C. Rs. 250
D. Rs. 200
2 Never ending annuity is:
A. Ordinary annuity
B. Annuity due
C. Perpetuity
D. Annuity
3 Amount of interest varies from period to period in:
A. Simple interest
B. Compound interest
C. Both a and b
D. None of these
4 The fractional form of 8.5% is
5 Quantity discount buy 2 get 3 is equal to:
A. 20%
B. 33 1/2 %
C. 67 2/3 %
D. None of the above
6 Interest is:
A. Rent
B. Wage
C. Salary
D. Commission
7 Interest is classified in
A. Two classes
B. Three classes
C. Four classes
D. None of these
8 Sni is read us:
A. S angle i at n
B. S angle n at i
C. Amount S at i
D. Annuity S at n
9 At what rate you can double your amount in a years.
A. 5% p.a
B. 6% p.a
C. 8% p.a
D. 9% p.a
10 Annuity is used in
A. Simple arithmetic
B. Function
C. equation
D. Mathematics of Finance

Test Questions

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