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
ic

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

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Question # 1

The methods of finding interest are:

Question # 2

The formula for finding rate is

Question # 3

A number six time is 180 find the number

Question # 4

If 3x + 2 = 2x + 6 then x is equal to.

Question # 5

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

Question # 6

Sni is read us:

Question # 7

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

Question # 8

Interest is:

Question # 9

Quantity discount buy 2 get 3 is equal to:

Question # 10

Amount of annuity is always:

Question # 11

Annuity classified into categories is:

Question # 12

What percent Rs. 30 is of 300

Question # 13

f (x) = √x is:

Question # 14

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

Question # 15

Annuity is used in

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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 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
2 A number six time is 180 find the number
A. 10
B. 20
C. 30
D. 40
3 What percent Rs. 30 is of 300
A. 30%
B. 10%
C. 20%
D. 15%
4 f (x) = √x is:
A. Constant function
B. Compound function
C. Not a polynomial function
D. None of these
5 Interest is:
A. Rent
B. Wage
C. Salary
D. Commission
6 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
7 The discount which is calculated on list price of goods is called
A. Trade discount
B. Cash discount
C. Rebate
D. None of these
8 The ratio between 80 and 640 is
A. 1 : 4
B. 2 : 4
C. 1 :8
D. 4 : 6
9 If 3x + 2 = 2x + 6 then x is equal to.
A. 4
B. 5
C. 6
D. 7
10 The methods of finding interest are:
A. One
B. Two
C. Three
D. Four

Test Questions

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