11th Business Mathematics MCQS Chapter 2

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11th Business Mathematics MCQS
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The methods of finding interest are:
Two
Four
Three
One

Amount of interest varies from period to period in:
None of these
Compound interest
Both a and b
Simple interest

Sni is read us:
Amount S at i
S angle n at i
Annuity S at n
S angle i at n

What percent Rs. 30 is of 300
15%
30%
20%
10%

The difference of cost price and sales price is called
Profit%
Loss
Profit
Loss%

Quantity discount buy 2 get 3 is equal to:
None of the above
20%
33.50%
67.67%

f (x) = ?x is:
Compound function
Not a polynomial function
None of these
Constant function

Annuity classified into categories is:
Two
Five
Four
Three

Annuity is used in
Simple arithmetic
equation
Function
Mathematics of Finance

Amount of annuity is always:
Future value
Present value
Current Value
Both a and b

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