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MTH302 Solved MCQs Quiz 1

Business Mathematics & Statistics PDF 240 KBUpdated 23 Oct 2026
MCQs MTH302 Solved MCQs Quiz 1 PDF 240 KB
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MCQs
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MTH302 Business Mathematics & Statistics
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PDF 240 KB
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23 Oct 2026
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Mth302 - Business Mathematics Solved MCQs (Online quiz

# 1) 2

Solution of linear equation; 0x+8 = 5

Can never be determined

-3

-13

Non

After the merchant buys merchandise, it is sold at a higher price called the-------

Cost price Revenue discount Mark down

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

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

Trinomial

Binomial Both trinomial and Polynomial Both Binomial and Polynomial

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

Rs.1857

Rs.750 Rs.1107

Any matrix in which numbers of rows and columns are equal is called …….. matrix.

Identity

Diagonal

Square

The formula FV (ordinary Annuity) = C * [(1 + i)n – 1/i] is used to find the value of

Future value of the annuity

Accumulation factor

Amount of annuity Non of above

Convert 50% Markup on Sale to % Markup on Cost. 50%

100%

150% 200%

The Earning per share is the total profits of a company divided by the annual dividend number of shares market value per share earning per share

House rent, both utilities and conveyance allowances, both gratuity and provident funds are ------------------- of basic salary respectively.

45%, 2.5%, 9.09%

50%, 1.5%, 9.05% 55%, 2.25%, 8.09% 40%, 3.5%, 8.08%

Nauman earned 8% profit on investment of 1000 Rs and in the next deal he has a lost of 8% on the earned amount. What is his original amount now?

1000

993.6

1004

Sent at 18:52 on Thursday

If 2.5 : 7.5 = 3.7 : x, then x = ?

  1. 10

11.10

  1. 10
  2. 10

In Excel, if we write 4 in A5 cell & 9 in B5 cell, then formula is

“=A5 + B5”

“=B5 + A5” both (i)&(ii) none

“=A5 + B5” “=B5 + A5” both (i)&(ii) none

Solve the following algebraic expression [X^2-1] / [x^3 -1] [x+1] / [x^2+x+1] [x+1] / [x^2-x+1] [x-1] / [x^2-x+1]

If the basic salary of an employee of a company is Rs.14000, then his/her provident fund is Rs.2425.45

Rs.2545.45

Rs.2525.45

One dozen bananas cost Rs. 15. They are sold at the markup of 12%. The selling price is -----

16.8

  1. 8
  2. 8
  3. 8

Identity matrix is also a ……….. matrix

Square

Diagonal Both (i)&(iii)

The trade discount is calculated by ------------------------

dL

d - L d + L d - dL

If Ali buys pencil 3 Rs. and sell it at price 3.5 Rs. What is percent markup on selling price?

  1. 1

14.3

  1. 5

In the word BALLOONS, the ratio of vowels to consonants is

After the new admission to the school, there is an increase of 30 percent of students. If the total number of students is now 1200, what were total students before admission?

1023 1123

A matrix is a _________ array of numbers.

square

rectangular

The value of the unknown x in the proportion 2:x=3:9 is given by

A businessman pays an amount of Rs. 3000 to purchase for certain item and sells it at Rs. 3750. Then Mark up rate of the businessman is?

32% 31% 30%

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