MTH302 Solved MCQs Mega File Set 2

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:

28. 6%
29. 2%
30. 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. Select correct option: square rectangular 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:

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

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

27. 5%
28. 5%
29. 5%
30. 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:

-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