2nd Chapter

ICOM Part 1 English Medium Business Math Chapter 2 Test

First Year Business Mathematics Online MCQ Test with Answer for Chapter 2 (Mathematics of Finance)

ICOM Part 1 Business Math English Medium Chapter 2 MCQ's Test

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ICOM Part 1 Business Math Chapter Wise Test (English Medium)

First Year Business Mathematics Online MCQ Test with Answer for Chapter 2 (Mathematics of Finance)

Sr. # Questions Answers Choice
1 The formula for finding rate is
  • A.
  • B.
  • C.
  • D.
2 Never ending annuity is:
  • A. Ordinary annuity
  • B. Annuity due
  • C. Perpetuity
  • D. Annuity
3 Interest is classified in
  • A. Two classes
  • B. Three classes
  • C. Four classes
  • D. None of these
4 Principal = Rs. 5000, Interest = 10%, Period = half year interest = ?
  • A. Rs. 1000
  • B. Rs. 500
  • C. Rs. 250
  • D. Rs. 200
5 Amount of interest varies from period to period in:
  • A. Simple interest
  • B. Compound interest
  • C. Both a and b
  • D. None of these
6 Annuity is used in
  • A. Simple arithmetic
  • B. Function
  • C. equation
  • D. Mathematics of Finance
7 To find the inverse of a matrix A we use the formula.
  • A. |A|/Adj A<br>
  • B. |A| Adj A
  • C. Adj A/ |A|<br>
  • D. None
8 f (x) =&nbsp;√x is:
  • A. Constant function
  • B. Compound function
  • C. Not a polynomial function
  • D. None of these
9 The difference of cost price and sales price is called
  • A. Profit%
  • B. Loss
  • C. Loss%
  • D. Profit
10 The methods of finding interest are:
  • A. One
  • B. Two
  • C. Three
  • D. Four

Top Scorers of Business Mathematics Icom Part 1 Chapter 2 Online Test

S

Shoaib Ahmad Shoaib Ahmad

Lahore18 - May - 2025

15/15
57 Sec

Amina Cheema

Gujranwala05 - May - 2025

15/15
01 Mins 23 Sec
A

Aayan Ahmad

Lahore19 - May - 2025

13/15
43 Sec

Amina Cheema

Gujranwala05 - May - 2025

13/15
01 Mins 34 Sec
S

Shoaib Ahmad Shoaib Ahmad

Lahore18 - May - 2025

13/15
01 Mins 45 Sec
A

Aayan Ahmad

Lahore19 - May - 2025

13/15
02 Mins 22 Sec
S

Shahzad Ijaz

Lahore17 - May - 2025

13/15
02 Mins 36 Sec
S

Saim Rizwan

Lahore09 - May - 2025

13/15
02 Mins 42 Sec
M

Mafia123 Mafia001

Lahore20 - May - 2025

13/15
03 Mins 31 Sec
T

Tabish Hassan

Lahore20 - May - 2025

12/15
01 Mins 34 Sec
T

Tabish Hassan

Lahore20 - May - 2025

12/15
01 Mins 36 Sec
A

Atika Marriam

Lahore19 - May - 2025

12/15
01 Mins 54 Sec
P

Perveen Qayyum

Lahore16 - May - 2025

12/15
01 Mins 57 Sec
Z

Zain Irfan

Lahore20 - May - 2025

12/15
02 Mins 07 Sec
J

Jalal Khan

Lahore05 - May - 2025

12/15
09 Mins 23 Sec

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