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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
Annuity is used in
Question # 2
To find the inverse of a matrix A we use the formula.
Question # 3
The formula for finding rate is
Question # 4
If 3x + 2 = 2x + 6 then x is equal to.
Question # 5
What percent Rs. 30 is of 300
Question # 6
Annuity classified into categories is:
Question # 7
Principal = Rs. 5000, Interest = 10%, Period = half year interest = ?
Question # 8
Amount of interest varies from period to period in:
Question # 9
At what rate you can double your amount in a years.
Question # 10
The fractional form of 8.5% is
Question # 11
Interest is:
Question # 12
Never ending annuity is:
Question # 13
In compound interest method, the interest earned is considered as to be:
Question # 14
f (x) = √x is:
Question # 15
The methods of finding interest are:
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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M Muhammad Murtasim 07 - May - 2024 00 Min 12 Sec 15/15 -
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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 | Never ending annuity is: |
A. Ordinary annuity
B. Annuity due
C. Perpetuity
D. Annuity
|
| 2 | Principal = Rs. 5000, Interest = 10%, Period = half year interest = ? |
A. Rs. 1000
B. Rs. 500
C. Rs. 250
D. Rs. 200
|
| 3 | The discount which is calculated on list price of goods is called |
A. Trade discount
B. Cash discount
C. Rebate
D. None of these
|
| 4 | The ratio between 80 and 640 is |
A. 1 : 4
B. 2 : 4
C. 1 :8
D. 4 : 6
|
| 5 | The fractional form of 8.5% is | |
| 6 | A number six time is 180 find the number |
A. 10
B. 20
C. 30
D. 40
|
| 7 | If 3x + 2 = 2x + 6 then x is equal to. |
A. 4
B. 5
C. 6
D. 7
|
| 8 | Interest is: |
A. Rent
B. Wage
C. Salary
D. Commission
|
| 9 | 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
|
| 10 | Amount of annuity is always: |
A. Present value
B. Current Value
C. Both a and b
D. Future value
|
Test Questions
