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MTH302 Midterm Past Papers by VU Sparky

Business Mathematics & Statistics PDF 2.8 MBUpdated 23 Oct 2026
Midterm past paper MTH302 Midterm Past Papers by VU Sparky PDF 2.8 MB
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Type
Midterm past paper
Course
MTH302 Business Mathematics & Statistics
Size
PDF 2.8 MB
Updated
23 Oct 2026
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Q1. A book sells for Rs. 50. It has just been reduced 40%. What will be the selling price?

  1. Rs. 40
  2. Rs. 30
  3. Rs. 10
  4. Rs. 20

Q2. Which of the following statement is the best option for a column matrix?

  1. It has only one row.
  2. It has no column.
  3. It has only one column.
  4. It has no row.

Q3. MINVERSE returns the ------- for the matrix stored in an array.

  1. Scalar matrix
  2. Inverse matrix

Q4. The amount added to a cost price while calculating a selling price is called

  1. margin
  2. markup
  3. markdown
  4. actual price

Q5. Atif and Bilal won first and second places in a music contest. They have to share the cash prize in 7:2 . If Atif received 35 $ .How much more money did Atif received than Bilal.

  1. 25
  2. 35
  3. 5
  4. 10

Q6. The ratio of the weight of Tina’s book to the weight of Jean’s book is 5:6 .Tina’s book weighs 30 ounces. How much less does Tina’s book weigh than Jean’s book?

  1. 72
  2. 12
  3. 6
  4. 36

Q7. If A, B and C are matrices with orders 3×3, 2×3 and 4×2 respectively. Then which of the following is the order of CBA?

  1. 3×3
  2. 4×2
  3. 4×3
  4. 2×3

Q8. If 42 : 6 = x : 5, what is the value of x?

  1. 32
  2. 38
  3. 35
  4. 30

Q9. The correct relation among %markup on sale, cost price and selling price is…

  1. Selling Price = Cost price + (cost price × %Markup on sale)
  2. Selling Price = Cost price + (Selling price × %Markup on sale)
  3. None of these
  4. Cost Price = Cost price + (Selling price × %Markup on sale)

10.

Ahmed got 65 marks in mathematics in the midterm exam. If he gets 80 marks in the final term exam in the same subject, what is the percentage increase in the marks?

  1. 23.1%
  2. 26.2%
  3. 20.5%
  4. 25.5%

11.

The value of unknown x in the proportion 2x : 2 = (x+1) : 5 is

a. 5/2 · b. 1/4 · c. 1/2 · d. 4

12.

option for a row matrix?

  1. It has only one column.
  2. It has only one row.
  3. It has no column.
  4. It has no row.
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