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

00:00
Question # 1

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

Question # 2

The fractional form of 8.5% is

Question # 3

Amount of interest varies from period to period in:

Question # 4

Interest is classified in

Question # 5

In compound interest method, the interest earned is considered as to be:

Question # 6

The discount which is calculated on list price of goods is called

Question # 7

Amount of annuity is always:

Question # 8

f (x) = √x is:

Question # 9

What percent Rs. 30 is of 300

Question # 10

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

Question # 11

The ratio between 80 and 640 is

Question # 12

Quantity discount buy 2 get 3 is equal to:

Question # 13

Interest is:

Question # 14

The difference of cost price and sales price is called

Question # 15

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

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


Topic Test

00:00
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.

Top Scorers Of Chapter 2 "Business Mathematics Icom Part 1 Chapter 2 Online Test" MCQ`s Test

  • A
    Asad Butt 07 - May - 2024 00 Min 01 Sec 15/15
  • F
    Faizan Rajpoot 06 - May - 2024 00 Min 01 Sec 15/15
  • M
    Muhammad Murtasim 07 - May - 2024 00 Min 12 Sec 15/15
  • B
    basim azhar 03 - May - 2024 01 Min 51 Sec 15/15
  • S
    SWEERA GHULAM 05 - May - 2024 02 Min 12 Sec 15/15
  • Q
    Qazi Muhammad bin 20 - May - 2024 02 Min 24 Sec 15/15
  • A
    Abdullah Wajid 07 - May - 2024 03 Min 17 Sec 15/15
  • A
    Angle Jasmine 05 - May - 2024 00 Min 58 Sec 14/15
  • A
    Alishba Mumtaz 03 - May - 2024 01 Min 01 Sec 14/15
  • S
    Sarwat Nadia 05 - May - 2024 01 Min 31 Sec 13/15
  • F
    Fatima Asif 31 - May - 2024 01 Min 34 Sec 12/15
  • A
    Ali Hassan 26 - Nov - 2024 05 Min 38 Sec 12/15
  • S
    Saima Hameed 07 - May - 2024 02 Min 18 Sec 11/15
  • A
    Aʏᴀɴ 1754 02 - Dec - 2025 02 Min 50 Sec 11/15
  • 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 Annuity is used in
A. Simple arithmetic
B. Function
C. equation
D. Mathematics of Finance
2 To find the inverse of a matrix A we use the formula.
A. |A|/Adj A
B. |A| Adj A
C. Adj A/ |A|
D. None
3 f (x) = √x is:
A. Constant function
B. Compound function
C. Not a polynomial function
D. None of these
4 Amount of annuity is always:
A. Present value
B. Current Value
C. Both a and b
D. Future value
5 The methods of finding interest are:
A. One
B. Two
C. Three
D. Four
6 The fractional form of 8.5% is
7 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
8 Never ending annuity is:
A. Ordinary annuity
B. Annuity due
C. Perpetuity
D. Annuity
9 The difference of cost price and sales price is called
A. Profit%
B. Loss
C. Loss%
D. Profit
10 If 3x + 2 = 2x + 6 then x is equal to.
A. 4
B. 5
C. 6
D. 7

Test Questions

Is this page helpful?