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Solved mcq of mth302 Business Mathematics and Statistics 8

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Online MCq's of Business Mathematics and Statistics


Question # 1 of 10 ( Start time: 04:10:27 PM ) Total Marks: 1
Identity matrix is also a ……………… matrix.
Select correct option:

square
triangular
diagonal
null



Quiz Start Time: 04:10 PM Time Left 87
sec(s)


Question # 2 of 10 ( Start time: 04:11:19 PM ) Total Marks: 1
Given Principal=Rs 2000 , Compound interest = Rs 928 , no of years = 4 , Rate of interest =10% . compound amount will be
Select correct option:

Rs 8928
Rs 1428
Rs 2928
Rs 2938


Quiz Start Time: 04:10 PM Time Left 72
sec(s)


Question # 3 of 10 ( Start time: 04:12:33 PM ) Total Marks: 1
What is difference between annuity and future value?
Select correct option:

Annuity is the series of fixed payments for a fixed period of time while future value is the accumulation of annuity at the end of period.
Annuity is the series of fixed payments for a fixed period of time while future value is the last payment of annuity at the end of period.
Annuity is the series of fixed payments for a fixed period of time while future value is the profit of annuity at the end of period.
None of these


Quiz Start Time: 04:10 PM Time Left 68
sec(s)


Question # 4 of 10 ( Start time: 04:13:57 PM ) Total Marks: 1
If an article of cost Rs.50 is sold at a profit of Rs.10. Then the profit percent is
Select correct option:

5%
500%
20%
40%



Quiz Start Time: 04:10 PM Time Left 59
sec(s)


Question # 5 of 10 ( Start time: 04:14:26 PM ) Total Marks: 1
If a discount of 2% is offered on an invoice with value Rs. 50,000 paid up to 10thMay. What is the net payment of the invoice up to 10th May?
Select correct option:

50000(1+2%)
50000(1-2%)
50000(1-2%)/100
50000(1-2%)*100




Quiz Start Time: 04:10 PM Time Left 81
sec(s)


Question # 6 of 10 ( Start time: 04:15:39 PM ) Total Marks: 1
The operating expenses and profit to the cost of a company while determining their Sale Price is called
Select correct option:

markdown
cost
margin
discount


Quiz Start Time: 04:10 PM Time Left 72
sec(s)


Question # 7 of 10 ( Start time: 04:16:45 PM ) Total Marks: 1
Which fraction can be used to form a proportion with 7/8?
Select correct option:

13/16
14/15
21/24
35/25


Quiz Start Time: 04:10 PM Time Left 81
sec(s)


Question # 8 of 10 ( Start time: 04:17:10 PM ) Total Marks: 1
Simple interest on Rs.5000 at 10% per annum for 4 years is
Select correct option:

Rs.1500
Rs.2000
Rs.2500
Rs.5000




Quiz Start Time: 04:10 PM Time Left 79
sec(s)


Question # 9 of 10 ( Start time: 04:17:36 PM ) Total Marks: 1
Solution of linear equation; 0x+8 = 5
Select correct option:

Can never be determined
-3
0
-13


Quiz Start Time: 04:10 PM Time Left 87
sec(s)


Question # 10 of 10 ( Start time: 04:18:19 PM ) Total Marks: 1
Accordance to the taxation rules if allowances exceed ………of basic salary, the amount is taxable.
Select correct option:

40%
50%
60%
70%
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