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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.

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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First Year Business Mathematics Chapter 2 Online MCQ Test for 1st Year Business Mathematics Chapter 2 (Mathematics of Finance)

Sr. # Questions Answers Choice
1 Never ending annuity is:
  • A. Ordinary annuity
  • B. Annuity due
  • C. Perpetuity
  • D. Annuity
2 If 3x + 2 = 2x + 6 then x is equal to.
  • A. 4
  • B. 5
  • C. 6
  • D. 7
3 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
4 Quantity discount buy 2 get 3 is equal to:
  • A. 20%
  • B. 33 1/2 %
  • C. 67 2/3 %
  • D. None of the above
5
  • A. 4 : 3
  • B. 3 : 4
  • C. 9 : 3
  • D. 3 : 1
6 Annuity is used in
  • A. Simple arithmetic
  • B. Function
  • C. equation
  • D. Mathematics of Finance
7 What percent Rs. 30 is of 300
  • A. 30%
  • B. 10%
  • C. 20%
  • D. 15%
8 Interest is classified in
  • A. Two classes
  • B. Three classes
  • C. Four classes
  • D. None of these
9 Interest is:
  • A. Rent
  • B. Wage
  • C. Salary
  • D. Commission
10 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

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

M

Mehar Khan

Lahore22 - Apr - 2024

11/15
05 Mins 55 Sec

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