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Solved mcq of mth302 1

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Online MCq's of Business Mathematics and Statistics
Solved quiz....13


Quiz Start Time: 04:19 PM Time Left 78
sec(s)


Question # 1 of 10 ( Start time: 04:19:49 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: 04:19 PM Time Left 72
sec(s)


Question # 2 of 10 ( Start time: 04:20:11 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: 04:19 PM Time Left 88
sec(s)


Question # 3 of 10 ( Start time: 04:21:07 PM ) Total Marks: 1
The salary of an employee is as follows: Basic salary = 20,000 Rs. the amount of Conveyance allowance and Utilities allowance = ………….
Select correct option:

500 Rs.
750 Rs.
1000 Rs.
1250 Rs.


Quiz Start Time: 04:19 PM Time Left 84
sec(s)


Question # 4 of 10 ( Start time: 04:21:52 PM ) Total Marks: 1
Internal rate of return is a ratio in which
Select correct option:

Benefit cost = 1
Benefit cost > 1
Benefit cost < ia =" A" style="text-decoration: underline;">Strictly ‘10’ no of rows & ‘10’ no of columns
10’ no. of columns & arbitrary no. of rows




Quiz Start Time: 04:19 PM Time Left 77
sec(s)


Question # 6 of 10 ( Start time: 04:23:30 PM ) Total Marks: 1
………..is a deduction from the list price of goods provided by a business in return for payment within a specified time.
Select correct option:

trade discount
cash discount
credit discount
none of these


Quiz Start Time: 04:19 PM Time Left 57
sec(s)


Question # 7 of 10 ( Start time: 04:23:50 PM ) Total Marks: 1
What is the value of x, if 20% x = 50?
Select correct option:

150
250
350
450



Quiz Start Time: 04:19 PM Time Left 79
sec(s)


Question # 8 of 10 ( Start time: 04:24:28 PM ) Total Marks: 1
If a shopkeeper buys one item at Rs. 45 and sells it at Rs. 60 then what is his markup?
Select correct option:

105
45
60
None of these




Quiz Start Time: 04:19 PM Time Left 85
sec(s)


Question # 9 of 10 ( Start time: 04:24:56 PM ) Total Marks: 1
If ax = a2 , then x = ….
Select correct option:

0
-2
2
none


Quiz Start Time: 04:19 PM Time Left 75
sec(s)


Question # 10 of 10 ( Start time: 04:25:23 PM ) Total Marks: 1
If a series discount is offered at the rates of 15%,10% and 5% on the list price, then the total discount is
Select correct option:

15%+10%+5% = 30%
(15%)(10%)(5%) = 750%
15% - (10% + 5%) = 0%
None of these

MTH302 Online Quizez fall 2009

Mcq's of mth302 Business Math and Statitistics

Start Time: 12:18 PM Time Left 63
sec(s)


Question # 1 of 10 ( Start time: 12:18:42 PM ) Total Marks: 1
If a speed of a walking man is changed from 1.5 m / sec to 2.25 m / sec, what is the percentage change in its speed?
Select correct option:


40%

50%

60%

65%





MC090408974 : Farah Razaq



Quiz Start Time: 12:18 PM Time Left 27
sec(s)


Question # 2 of 10 ( Start time: 12:20:09 PM ) Total Marks: 1
A Company signed a three year collective agreement that provided for wage increases of 5%, 3%, and 2% in successive years. An employee is currently earning 6500 rupees per month. What will be the salary per month at the end of the term of the contract?
Select correct option:


Rs 7150.25

Rs 7170.35

Rs 7180.45

Rs 7190.55





MC090408974 : Farah Razaq



Quiz Start Time: 12:18 PM Time Left 73
sec(s)


Question # 3 of 10 ( Start time: 12:21:39 PM ) Total Marks: 1
If 3 : x = 4 : 8, then x = ?
Select correct option:


2/3

3

6

8





MC090408974 : Farah Razaq



Quiz Start Time: 12:18 PM Time Left 64
sec(s)


Question # 5 of 10 ( Start time: 12:22:54 PM ) Total Marks: 1
If basic salary of an employee is 18,000 Rs. What is the total saving of the employee per month on account of provident fund?
Select correct option:


3272.73

3272.23

3273.63

3271.45





MC090408974 : Farah Razaq



Quiz Start Time: 12:18 PM Time Left 58
sec(s)


Question # 6 of 10 ( Start time: 12:24:24 PM ) Total Marks: 1
Suppose that some candles are bought for Rs.2 and sold for Rs.2.50.What is percent markup on selling price?
Select correct option:


10%

20%

30%

None of these





MC090408974 : Farah Razaq



Quiz Start Time: 12:18 PM Time Left 58
sec(s)


Question # 6 of 10 ( Start time: 12:24:24 PM ) Total Marks: 1
Suppose that some candles are bought for Rs.2 and sold for Rs.2.50.What is percent markup on selling price?
Select correct option:


10%

20%

30%

None of these





MC090408974 : Farah Razaq



Quiz Start Time: 12:18 PM Time Left 76
sec(s)


Question # 7 of 10 ( Start time: 12:25:52 PM ) Total Marks: 1
How many types of operator are discussed in Excel?
Select correct option:


2

3

4

5





MC090408974 : Farah Razaq



Quiz Start Time: 12:18 PM Time Left 71
sec(s)


Question # 9 of 10 ( Start time: 12:26:35 PM ) Total Marks: 1
If A and B are two matrices of the same size, then which of the following is true,
Select correct option:


det(A/B)=det(A)/det(B)

det(AB)=det(A).det(B)

det(A+B)=det(A)+det(B)

det(A-B)=det(A)-det(B)





First One IS

Quiz Start Time: 12:17 PM Time Left 88
sec(s)



Question # 1 of 10 ( Start time: 12:17:48 PM ) Total Marks: 1
A chair has a Rs. 1800 net cost price after 25% trade discount. What is the list price?
Select correct option:



Rs. 2200

Rs. 1200

Rs. 2400

Rs. 1350










Quiz Start Time: 12:17 PM Time Left 88
sec(s)



Question # 2 of 10 ( Start time: 12:19:04 PM ) Total Marks: 1
A chartered bank is lowering the interest rate on its loans from 9% to 7% what will be the percent decrease in the interest rate on a given loan.
Select correct option:



28.6%

27.2%

22.2%

None of these








Quiz Start Time: 12:17 PM Time Left 87
sec(s)



Question # 3 of 10 ( Start time: 12:19:53 PM ) Total Marks: 1
The formula of the Price-earnings ratio = …….
Select correct option:



Market value per share / Earnings per share

Market value per share * Earnings per share

Earnings per share/ Market value per share

Market value per share +Earnings per share










Quiz Start Time: 12:17 PM Time Left 88
sec(s)



Question # 4 of 10 ( Start time: 12:21:03 PM ) Total Marks: 1
A stereo that originally sells for $626.99 is reduced by 30%. Find the sale price.
Select correct option:



$438.89

$188.10

$815.09

$538.89










Quiz Start Time: 12:17 PM Time Left 87
sec(s)



Question # 5 of 10 ( Start time: 12:22:15 PM ) Total Marks: 1
Reduction in price which the seller offer to its buyer is called
Select correct option:



Discount

Markup

Markup as percentage of sale price

Markup as percentage of original price










Quiz Start Time: 12:17 PM Time Left 64
sec(s)



Question # 6 of 10 ( Start time: 12:23:14 PM ) Total Marks: 1
What percentage is 30% x of 120?
Select correct option:



30

32

36

40










Quiz Start Time: 12:17 PM Time Left 88
sec(s)



Question # 7 of 10 ( Start time: 12:24:03 PM ) Total Marks: 1
Markup in terms of Rs. for an item having cost & selling prices as 200Rs. and 300Rs. respectively, is
Select correct option:



Rs.100

Rs.600

Rs.500

Rs.1.50









Quiz Start Time: 12:17 PM Time Left 88
sec(s)



Question # 8 of 10 ( Start time: 12:24:50 PM ) Total Marks: 1
If P=Principal, R=rate percent per annum, T=time in years and I=simple interest then
Select correct option:



I= PRT/100

I=PR/T

I=PT/R

None of these








Quiz Start Time: 12:17 PM Time Left 88
sec(s)



Question # 9 of 10 ( Start time: 12:26:14 PM ) Total Marks: 1
When we calculate the weighted average, then it is necessary that
Select correct option:



Weights should be in integers

Weights should be in fraction

Weights should be in irrational form

None of these










Quiz Start Time: 12:17 PM Time Left 88
sec(s)



Question # 10 of 10 ( Start time: 12:27:28 PM ) Total Marks: 1
Typical medical/group insurance is about ……… of gross salary.
Select correct option:



2.5%

5%

29%

45%

Second One IS


Quiz Start Time: 12:18 PM Time Left 69
sec(s)


Question # 10 of 10 ( Start time: 12:27:02 PM ) Total Marks: 1
If order for a sports item has a net price (N) of Rs.2000 after a d=20% trade discount. Then formula for list price………………
Select correct option:


L = N / (1 – d)

L = (1 – d)/N

L = (1 + d)/N

L =N/ (1 + d)

Third One is

The amount added to a cost to arrive at a selling price is ………
Select correct option:


Markup


margin


both markup & margin

percent on cost
At break even point, the company has a positive cash flow that is …………… after meeting expensesSelect correct option:


Surplus cash

Slake cash

Net cash

None of these
f the cost of a certain goods item is Rs. 2400 and its selling price is Rs. 4500 then the markup rate iselect correct option:


(4500-2400)/2400


(4500-2400)4500 *100

(4500-2400)/2400*100

(4500-2400)/4500

Total marks of Saleem in two subjects are 160. If the ratio of marks in the two subjects is 3 : 5, what will be the marks in two subjects? Select correct option:


50, 110

60, 100

70, 90

80, 80
A chartered bank is lowering the interest rate on its loans from 9% to 7% what will be the percent decrease in the interest rate on a given loan. elect correct option:


28.6%


27.2%


22.2%


None of these
An identity matrix is a ___________ matrix with 1’s on the main diagonal from upper left to lower right and 0’s off the main diagonal. Select correct option:


square

rectangular


column

none of these
Discount = ------elect correct option:


Net cost price – List price

List price – Net cost price

List price * Net cost price

List price + Net cost price
he salary of an employee is as follows: Basic salary = 10, 0000 Rs. Allowances = 50,000 Rs. Find the % allowances? Select correct option:


10%

50%

30%

None of these
Harry made $16,000 last year at his job. He paid 11% in income tax. How much was his tax? Select correct option:


176

16011

1760

4500
If P=Principal, R=rate percent per annum, T=time in years and I=simple interest thenSelect correct option:


I= PRT/100


I=PR/T


I=PT/R


None of these
Convert 60% Markup (MU) on Cost to % Markup on SaleSelect correct option:


27.5%

37.5%


47.5%

57.5%
An expression 2x is calledSelect correct option:


Monomial

Binomial

Trinomial

Polynomial
List price of an item is Rs.400 but if 50% discount is offered on it then its net price isSelect correct option:


Rs.100

Rs.200

Rs.400


Rs.300
If the cost of tea bags increases from Rs 85.75 to Rs 90.50. What is the percentage increase? Select correct option:


5.54

6.65

7.50

8.25
Solution of linear equation; 0x+8 = 5Select correct option:


Can never be determined


-3


0

-13
The amount added to a cost price while calculating a selling price is calledSelect correct option:


actual price

markup

margin

markdown
f basic salary of an employee is 18,000 Rs. What is the total saving of the employee per month on account of provident fund? Select correct option:


3272.73

3272.23

3273.63

3271.45
If x + 2 : 2 = x : 3, then x =?Select correct option:


2

-3

5

-6
let L be the list price and d represent the percentage discount, then the Amount of discount is = ……elect correct option:


d*L

d / L

d +L

L/d