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MTH302 Quizzes

Business Mathematics & Statistics PDF 117 KBUpdated 23 Oct 2026
Quiz MTH302 Quizzes PDF 117 KB
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Quiz
Course
MTH302 Business Mathematics & Statistics
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PDF 117 KB
Updated
23 Oct 2026
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Text from pages 1, 2, 3 of 12. Download the file for all 12 pages.

The amount added to a cost to arrive at a selling price is ………

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

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:

  1. 6%
  2. 2%
  3. 2%

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.

square

column

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%

Harry made $16,000 last year at his job. He paid 11% in income tax. How much was his tax? Select correct option:

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

Convert 60% Markup (MU) on Cost to % Markup on SaleSelect correct option:

  1. 5%
  2. 5%
  3. 5%
  4. 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:

  1. 54
  2. 65
  3. 50
  4. 25

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

-3

-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:

-3

-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

Q3. of 10 ( Start time: 06:33:37 PM ) Total Marks: 1

Solution of linear equation; 0x+8 = 5

-3 -13

Q4. of 10 ( Start time: 06:34:34 PM ) Total Marks: 1

Non

Q5. of 10 ( Start time: 06:36:01 PM ) Total Marks: 1

After the merchant buys merchandise, it is sold at a higher price called the------- Cost price Revenue discount Mark down

Q6. of 10 ( Start time: 06:37:29 PM ) Total Marks: 1

Dividends, payments on the installments purchases, payments on the rent, interest payments on the bonds, mortgage payments and premium on insurances are all the examples of Simple interest Compound interest

Gratuities

Annuity

Q7. of 10 ( Start time: 06:38:31 PM ) Total Marks: 1

The algebraic expression: x2+xy-6y2 is an example of

Trinomial

Binomial Both trinomial and Polynomial Both Binomial and Polynomial

Q8. of 10 ( Start time: 06:40:01 PM ) Total Marks: 1

What shall be compound intrest earned on Rs.750 invested at 12% per annum for 8 years.

Rs.1857

Rs.750

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