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Solved mcq of mth302 Business Mathematics and Statistics 2

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Online MCq's of Business Mathematics and Statistics


Quiz Start Time: 05:05 PM Time Left 85
sec(s)


Question # 1 of 10 ( Start time: 05:05:16 PM ) Total Marks: 1
A Fruit Punch recipe requires mango juice, apple juice and orange juice in the ratio of 3:2:1. To make 2 liters of punch, quantity of apple juice will be
Select correct option:

0.66 Liter
0.77 Liter
0.67 Liter
0.56 Liter








Quiz Start Time: 05:05 PM Time Left 82
sec(s)


Question # 2 of 10 ( Start time: 05:05:37 PM ) Total Marks: 1
Decent Department Store marks down a item which is of price Rs. 235 by 50%. A newspaper advertises an additional 10% off on that tem. What is the final selling price of the item?
Select correct option:

121.5
117.5
105.75
200








Quiz Start Time: 05:05 PM Time Left 87
sec(s)


Question # 3 of 10 ( Start time: 05:06:10 PM ) Total Marks: 1
Identity matrix is always a…….. matrix.
Select correct option:

square
rectangular
Row
column








Quiz Start Time: 05:05 PM Time Left 85
sec(s)


Question # 4 of 10 ( Start time: 05:06:25 PM ) Total Marks: 1
Typical total social charges of a company may be ……….. of gross salary
Select correct option:

2.5%
5%
29%
45%






Quiz Start Time: 05:05 PM Time Left 87
sec(s)


Question # 5 of 10 ( Start time: 05:06:42 PM ) Total Marks: 1
In a Proportion, a : b : : c: d , The product of ……….
Select correct option:

Means and extremes must be equal
Means must be greater than extremes
Extremes must be greater than mean
None of these





Quiz Start Time: 05:05 PM Time Left 86
sec(s)


Question # 6 of 10 ( Start time: 05:07:24 PM ) Total Marks: 1
In financial calculation the cost estimate is defined as
Select correct option:

the product of number of items and the price of per unit
the product of different product assuming the same quantity with their unit price
the product of number of items and their price after the markdown
None of these









Quiz Start Time: 05:05 PM Time Left 68
sec(s)


Question # 7 of 10 ( Start time: 05:07:44 PM ) Total Marks: 1
In the ordinary annuity formula which of the following symbol represent amount of annuity (payments per period)
Select correct option:

i
n
C
PV









Quiz Start Time: 05:05 PM Time Left 78
sec(s)


Question # 8 of 10 ( Start time: 05:08:24 PM ) Total Marks: 1
A cell in row 12 and column C is represented as....
Select correct option:

C12
12C
C21
21C









Quiz Start Time: 05:05 PM Time Left 83
sec(s)


Question # 9 of 10 ( Start time: 05:08:42 PM ) Total Marks: 1
Internal Rate of Return (IRR) is the discount rate at which the present worth of costs is equal to
Select correct option:

The present worth of discounts
The present worth of benefits
The present worth of sales
None of these








Quiz Start Time: 05:05 PM Time Left 70
sec(s)


Question # 10 of 10 ( Start time: 05:09:02 PM ) Total Marks: 1
If SC is the current selling price and SN is the new selling price and M is the markdown then which is the correct formula to find the %age markdown
Select correct option:

(SC – SN)/ SN * 100
(SC – SN)/ SC * 100
(SC – SN)/ SN
(SC – SN)/ SC
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