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MTH302 Online Quizez
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Online MCq's of Business Mathematics and Statistics

Question # 1 of 10 ( Start time: 03:31:51 PM ) Total Marks: 1
What is face value
Select correct option:

A company's legal debts
The price at which investors buy or sell
originional cost of a share of stock
None of these





Quiz Start Time: 03:31 PM Time Left 82
sec(s)


Question # 2 of 10 ( Start time: 03:32:50 PM ) Total Marks: 1
The amount added to a cost price while calculating a selling price is called
Select correct option:

actual price
markup
margin
markdown



Quiz Start Time: 03:31 PM Time Left 80
sec(s)


Question # 3 of 10 ( Start time: 03:33:05 PM ) Total Marks: 1
For Rs. 1630 you can purchase a 7-year ordinary annuity that will pay you a yearly payment of Rs. 430 for 7 years. The compound annual interest rate implied by this arrangement is closest to
Select correct option:

8%
10%
9%
11%






Quiz Start Time: 03:31 PM Time Left 83
sec(s)


Question # 4 of 10 ( Start time: 03:34:32 PM ) Total Marks: 1
The relationship between % Markup on Selling Price (mus) and % Markup on Cost (muc) is
Select correct option:

mus=muc/(1+muc)
muc=mus(1+mus)
mus=muc(1+muc)
None of these




Quiz Start Time: 03:31 PM Time Left 76
sec(s)


Question # 5 of 10 ( Start time: 03:35:54 PM ) Total Marks: 1
The rate at which the calculations are made is called
Select correct option:

Discount factor
Discount Rate
Discount Value
Non





Quiz Start Time: 03:31 PM Time Left 88
sec(s)


Question # 6 of 10 ( Start time: 03:37:00 PM ) Total Marks: 1
A computer software retailer used a markup rate of 40%. Find the selling price of a computer game that cost the retailer $25.
Select correct option:

$30
$35
$40
$45




Quiz Start Time: 03:31 PM Time Left 56
sec(s)


Question # 7 of 10 ( Start time: 03:37:43 PM ) Total Marks: 1
Which statement is true fot the followings? a = round(9.762, 1) b= round(9.762, 2)
Select correct option:

a > b
a < b
a = b
None of the above





Quiz Start Time: 03:31 PM Time Left 74
sec(s)


Question # 8 of 10 ( Start time: 03:38:22 PM ) Total Marks: 1
The list price of a motorbike is Rs 40000. If a trade discount of 10% is offered, what will be the net price of the motorbike?
Select correct option:

Rs 34000
Rs 35000
Rs 36000
Rs 37000





Quiz Start Time: 03:31 PM Time Left 76
sec(s)


Question # 9 of 10 ( Start time: 03:38:55 PM ) Total Marks: 1
If the 1/11th of Basic Salary per month is deducted by the company from the gross earnings of the employee then it is called ……….
Select correct option:

Utilities allowance
Conveyance allowance
Provident fund
None of these






Quiz Start Time: 03:31 PM Time Left 73
sec(s)


Question # 10 of 10 ( Start time: 03:39:29 PM ) Total Marks: 1
For a product, if its list price is Rs.500 at the discount rate of 25% then its net cost price is
Select correct option:

Rs.375
Rs.125
Rs.625
Rs.525