Business Mathematics Icom Part 1 Chapter 2 Online Test

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

• Reinvested A
• De-invested B
• Both a and b C
• None of these D

Quantity discount buy 2 get 3 is equal to:

• 20% A
• 33 1/2 % B
• 67 2/3 % C
• None of the above D

Amount of annuity is always:

• Present value A
• Current Value B
• Both a and b C
• Future value D

The methods of finding interest are:

• One A
• Two B
• Three C
• Four D

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

• 5% p.a A
• 6% p.a B
• 8% p.a C
• 9% p.a D

Annuity is used in

• Simple arithmetic A
• Function B
• equation C
• Mathematics of Finance D

• 4 : 3 A
• 3 : 4 B
• 9 : 3 C
• 3 : 1 D

What percent Rs. 30 is of 300

• 30% A
• 10% B
• 20% C
• 15% D

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

• Rs. 1000 A
• Rs. 500 B
• Rs. 250 C
• Rs. 200 D

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

• Trade discount A
• Cash discount B
• Rebate C
• None of these D

Interest is classified in

• Two classes A
• Three classes B
• Four classes C
• None of these D

If 3x + 2 = 2x + 6 then x is equal to.

• 4 A
• 5 B
• 6 C
• 7 D

Amount of interest varies from period to period in:

• Simple interest A
• Compound interest B
• Both a and b C
• None of these D

A number six time is 180 find the number

• 10 A
• 20 B
• 30 C
• 40 D

f (x) = √x is:

• Constant function A
• Compound function B
• Not a polynomial function C
• None of these D