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Online Tests
Business Mathematics Icom Part 1 Chapter 2 Online Test MCQs With Answers
Question # 1
Principal = Rs. 5000, Interest = 10%, Period = half year interest = ?
Choose an answer
Rs. 1000
Rs. 500
Rs. 250
Rs. 200
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Question # 2
Annuity classified into categories is:
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Four
Three
Two
Five
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Question # 3
The formula for finding rate is
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Question # 4
To find the inverse of a matrix A we use the formula.
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|A|/Adj A
|A| Adj A
Adj A/ |A|
None
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Question # 5
In compound interest method, the interest earned is considered as to be:
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Reinvested
De-invested
Both a and b
None of these
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Question # 6
A number six time is 180 find the number
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10
20
30
40
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Question # 7
Interest is classified in
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Two classes
Three classes
Four classes
None of these
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Question # 8
Amount of annuity is always:
Choose an answer
Present value
Current Value
Both a and b
Future value
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Question # 9
If 3x + 2 = 2x + 6 then x is equal to.
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4
5
6
7
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Question # 10
The methods of finding interest are:
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One
Two
Three
Four
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