MTH302

Time: 60 minMarks: 42

Question No: 1 ( Marks: 1 ) - Please choose one45% of what is 9?

► 20► 40► 30► 101 / 24

Question No: 2 ( Marks: 1 ) - Please choose oneWhat will be the answer of the SUMIF formula?

► 1075► 985► 855► 1302 / 24

Question No: 3 ( Marks: 1 ) - Please choose oneAfter the merchant buys merchandise, it is sold at a higher price called the _______

► Sale price► Revenue discount► Selling price► Cost price3 / 24

mth302 solved midterm paperQuestion No: 4 ( Marks: 1 ) - Please choose oneIn the case of partial payments, the _______ is the partial payment plus the partial cashdiscount

► Amount received► Amount returned► Amount credited► Amount displaced

Question No: 5 ( Marks: 1 ) - Please choose oneIn a friendly cricket between India and Pakistan, Pakistan is scoring at

a rate 7% more thanIndia in 35 overs. If the India’s score after 35 overs was 230 what’s Pakistan score now?

► 250► 235► 246► 240Question No: 6 ( Marks: 1 ) - Please choose one0.20% = ------------

►0.2► 0.02► 0.002► 0.0002Question No: 7 (What will be the base of 25% rate and percentage is 65?

► 216► 250► 260► None of these

Question No: 9 ( Marks: 1 ) - Please choose oneThe formula for compound interest for n number of periods is►S = P(1 + r/100)* n►S = P(1 + n/100)^ rS = P(1 + r/100)^ n►S = P(1 + r/100)/ n8 / 24

mth302 solved midterm paperQuestion No: 10 ( Marks: 1 ) - Please choose oneAccording to the local laws, the allowances are considered tax free if they are up to

► half of the basic salary► one fourth of the basic salary► one third of the basic salary► 55% of the basic salaryQuestion No: 11 ( Marks: 1 ) - Please choose one9 / 24

mth302 solved midterm paperAmount of discount is obtained as

Percentage of Discount x List Price► Percentage of Discount / List Price► Percentage of Discount - List Price► None of theseQuestion No: 12 ( Marks: 1 ) - Please choose oneIn which Trust Fund, the company does not deduct, but only contribute 1/11th of Basic Salaryof the employee per month?

► Provident Fund► Gratuity Fund► Stock yield► InterestQuestion No: 13 ( Marks: 1 ) - Please choose oneThe value of x for the equation -(-x - 5) = x – 2 is ------------------

► no solutions► -5► 3► 1 / 2Question No: 14 ( Marks: 1 ) - Please choose oneWhat will be the simple interest earned on an amount of Rs. 16,800 in 9 months at the rate of% p.a?Rs. 787.50►Rs. 812.50►Rs 860

►Rs. 887.50Question No: 15 ( Marks: 1 ) - Please choose oneThis example returns the present value of an investment that pays Rs. 250 at the end of everymonth for 2 years. The money paid out will earn 7.5% annually.►=PV (7.5%/12, 2*12, 250, 1)►=PV (7.5%/12, 2*12, 250, 0)►=PV (7.5%/12, 2, 250, 0)=PV (7.5%, 2*12, 250, 1)Question No: 16 ( Marks: 1 ) - Please choose one13 / 24

mth302 solved midterm paper

All formula in Excel start with►+►=► -►%Question No: 17 ( Marks: 1 ) - Please choose oneA percentage is a way of expressing a number asa fraction of 100 .►sum of number with 100.►multiplication of number with 100.►average of number with 100.Question No: 18 ( Marks: 1 ) - Please choose oneGiven : List Price =5500Rs , Discount = 850Rs, then Net Cost Price will be►6350 Rs6350 Rs►5508 Rs5508 Rs►5585 Rs4650 Rs

mth302 solved midterm paperQuestion No: 20 ( Marks: 1 ) - Please choose oneIn 2 years you are to receive $10,000. If the interest rate were to suddenly decrease, thepresent value of that future amount to you would

► Fall► Rise► remain unchanged► The correct answer cannot be determined without more informationQuestion No: 21 ( Marks: 1 ) - Please choose oneThe net price of a computer table is 2500 and list price 3000. The trade discount will be

► 13%► 17%► 21%► 25%Question No: 22 ( Marks: 1 ) - Please choose oneStore A marked down a $ 50 perfume to $ 40 with markdown of $10

The % Markdown is

► 10%► 20%► 30%► 40%Question No: 23 ( Marks: 1 ) - Please choose oneGiven for a product selling price = $45 and unit variable cost= $30 then Unit contributionmargin will be

► $15► $75► $1.5

► Can not be found from given values.Question No: 24 ( Marks: 1 ) - Please choose one3x2 + 5x – 7 is --------------- expression.

► Monomial► Binomial► Trinomial► Linear

Question No: 1 ( Marks: 1 ) - Please choose oneStore A marked down a $ 50 perfume to $ 40 with markdown of $10

The % Markdown is

► 10%► 20%► 30%► 40%Question No: 2 ( Marks: 1 ) - Please choose oneGiven Net price of shirt = $20 , Discount = 10% ,List price will

► $22► $24► $26► $30Question No: 3 ( Marks: 1 ) - Please choose oneWhich is the correct syntax for the determinant of a matrix given by the followingarray

► =DETERM(B4:E7)► =MDTERM(B4:E7)► =MDETERM(B4:E7)► =MDETERM(B4;E7)Question No: 4 ( Marks: 1 ) - Please choose oneVDB returns the depreciation of an asset for

► Zero period► One period► Two period► Any arbitrary periodQuestion No: 5 ( Marks: 1 ) - Please choose oneIf the cost & selling price of a pen are Rs.12 & Rs.15 respectively, profit percentage is:

► 33.33%► 25%► 20%► 10%Question No: 6 ( Marks: 1 ) - Please choose oneThis example returns the depreciation for an asset that costs Rs. 10,000, with a salvagevalue of $8,000. The useful life of the asset is 5 years. The depreciation is beingcalculated for the third year, and there are 10 months in the first year.

► =DB (10000, 5, 8000, 3, 10)► =DB (10000, 8000, 5, 10, 3)► =DB (10000, 8000, 5, 3, 10)► =DB (10000, 8000, 10, 3, 5)Question No: 7 ( Marks: 1 ) - Please choose oneWhich of the following functions is not related to financial analysis?

► AMORDEGRC► AMORLINC► CUMIPMT► MDETERM

Question No: 9 ( Marks: 1 ) - Please choose oneDimension of a matrix meansColumn spaceRow spaceOrder of the matrixNone of theseQuestion No: 10 ( Marks: 1 ) - Please choose oneIf there is a -30% change in the price of an item, what does the negative sign show?The price is increasing.The price is decreasing.The price has low rate of change.None of the above.Question No: 12 ( Marks: 1 ) - Please choose oneWrite a formula to find the simple interest (I) if $5000 is invested at 4% for 2 years.I=PRTI=P+R+TI=PTI=P(R+T)Question No: 13 ( Marks: 1 ) - Please choose oneEvery percentage can be converted into:

Decimal Ratio Proportion Both decimal & ratio

Question No: 14 ( Marks: 1 ) - Please choose oneMonthly installments of a leased car are calculated by using the techniques of:

► Simple interest method► Compound interest method► Annuity► Hit & trial methodQuestion No: 15 ( Marks: 1 ) - Please choose oneSuppose that you are spending 1500 dollars in an investment and Accumulatedfactor is 15 then Accumulated Value will be

► 22550

► 22500► 21000► 22510Question No: 16 ( Marks: 1 ) - Please choose oneWhat is the interest on Rs. 1600 for one year at the rate132%?

► 65► 56► 75► 90

Question No: 1 ( Marks: 1 ) - Please choose oneThe Basic salary of an employee is Rs 7,000. What is the contribution of thecompany on account of gratuity to the Gratuity Trust Fund?

► Rs 636.36► Rs 6363.6► Rs 63.636► Rs 6363Question No: 2 ( Marks: 1 ) - Please choose oneThe monthly incomes of A and B are in the ratio 4 : 5, their expenses are in theratio 5 : 6. If 'A' saves Rs.25 per month and 'B' saves Rs.50 per month, what aretheir respective incomes?Rs.400 and Rs.500Rs.240 and Rs.300Rs.320 and Rs.400Rs.440 and Rs.550Question No: 3 ( Marks: 1 ) - Please choose oneSum of annuity is always

► Present value► Future value► Net present value► Current valueQuestion No: 4 ( Marks: 1 ) - Please choose one

In annuity interest is charged by the:

► Simple interest method► Compound interest method► Both simple and compound interest method► Accumulated methodQuestion No: 5 ( Marks: 1 ) - Please choose oneFind x if 3(x + 2) - 7 = 11.

► 2► -4► 6► 4Question No: 6 ( Marks: 1 ) - Please choose oneThe value of x after solving the following linear equation is-2x + 6 = 4x - 2

► 0► 3► 1/2► 4/3Question No: 7 ( Marks: 1 ) - Please choose oneThe sequence of payments at equal interval of time is called

► Annuity► Accumulated value► Discounted value► None of theseQuestion No: 8 ( Marks: 1 ) - Please choose oneAli has improved his typing speed from 40w/m to 60w/m.The percentageimprovement is

► 20%► 150%► 50%► 30%Question No: 9 ( Marks: 1 ) - Please choose oneMarkdown means a reduction from the

► Original cost price► Original sale price► Original Net price► None of theseQuestion No: 10 ( Marks: 1 ) - Please choose oneMarkup is an amount added to ----------------------------------------

► get accumulated interest► a cost price while calculating a selling price.► The principal amount of the loan.► Accumulation factor.Question No: 11 ( Marks: 1 ) - Please choose oneInterest calculated upon the principal amount added to the interest on it is called ……

► Simple interest► Compound interest► Annual interest per year► Semi annual interestQuestion No: 12 ( Marks: 1 ) - Please choose oneContribution Margin is the Rs. amount that is equal to ----------------------

► S – VC► VC – S► FC – VC► VC – FCQuestion No: 13 ( Marks: 1 ) - Please choose oneReduction from original selling Price is called ………

► Loss► List price► Profit► MarkdownQuestion No: 14 ( Marks: 1 ) - Please choose oneWhat will be the simple interest earned on an amount of Rs. 16,800 in 9 monthsat the rate of164% p.a?

► Rs. 787.50► Rs. 812.50► Rs 860► Rs. 887.50Question No: 15 ( Marks: 1 ) - Please choose oneA percentage is a way of expressing a number asa fraction of 100 .sum of number with 100.multiplication of number with 100.average of number with 100.Question No: 16 ( Marks: 1 ) - Please choose one12.5% of a circular plot as a fraction is expressed as 1/8

5412518118Question No: 17 ( Marks: 1 ) - Please choose oneTo convert a number in percent (%) from a fraction, we do which of the followingoperation:add by 100subtract by 100multiply by 100divide by 100Question No: 18 ( Marks: 1 ) - Please choose oneWhat result will I get when press enter in cell D9?75B5+C5+D5+E5+F5ErrorCannot be determineQuestion No: 19 ( Marks: 1 ) - Please choose oneInterest paid (earned) on only the original principal borrowed (lent) is oftenreferred to as

► simple interest► present value► future value► compound interest

► Given matrices cannot be multipliedQuestion No: 21 ( Marks: 1 ) - Please choose oneThe formula for finding BEP in units is given by

► FC/VC► FC/(S-VC)► CM/FC► CM/VCQuestion No: 22 ( Marks: 1 ) - Please choose oneIf A is a matrix whose determinant is zero then its inverse is given by:

► zero► product of its diagonal entries► infinite► cannot be determinedQuestion No: 23 ( Marks: 1 ) - Please choose onewhich of the following is linear equation

► 2x-3y=-6► x+x+x► 520x²y²► y^2 -3=0Question No: 24 ( Marks: 1 ) - Please choose onepercentage of ratio of given number with standard number is.......100Same number100010

Question No: 1 ( Marks: 1 ) - Please choose one45% of what is 9?

► 20 ► 40► 30► 10Question No: 2 ( Marks: 1 ) - Please choose oneWhat will be the answer of the SUMIF formula?

1075 985 855 130

Question No: 3 ( Marks: 1 ) - Please choose oneAfter the merchant buys merchandise, it is sold at a higher price called the_______

► Sale price► Revenue discount► Selling price

► Cost price Question No: 4 ( Marks: 1 ) - Please choose oneIn the case of partial payments, the _______ is the partial payment plus thepartial cash discount

► Amount received ► Amount returned► Amount credited► Amount displacedQuestion No: 5 ( Marks: 1 ) - Please choose oneIn a friendly cricket between India and Pakistan, Pakistan is scoring at a rate 7%more than India in 35 overs. If the India’s score after 35 overs was 230 what’sPakistan score now?

► 250► 235► 246 ► 240Question No: 6 ( Marks: 1 ) - Please choose one0.20% = ------------0.2

0.02 0.002 0.0002

Question No: 7 ( Marks: 1 ) - Please choose one2 6 1 93 4 3 3A B, then AB is --------------------------

►20 3625 30►20 3635 30►20 3615 39►20 3645 39Question No: 8 ( Marks: 1 ) - Please choose oneWhat will be the base of 25% rate and percentage is 65?

► 216► 250► 260 ► None of theseQuestion No: 9 ( Marks: 1 ) - Please choose oneThe formula for compound interest for n number of periods isS = P(1 + r/100)* nS = P(1 + n/100)^ r► S = P(1 + r/100)^ n S = P(1 + r/100)/ nQuestion No: 10 ( Marks: 1 ) - Please choose oneAccording to the local laws, the allowances are considered tax free if they areup to

► half of the basic salary ► one fourth of the basic salary► one third of the basic salary► 55% of the basic salaryQuestion No: 11 ( Marks: 1 ) - Please choose oneAmount of discount is obtained as_Percentage of Discount x List Price

Percentage of Discount / List Price Percentage of Discount - List Price None of these

Question No: 12 ( Marks: 1 ) - Please choose oneIn which Trust Fund, the company does not deduct, but only contribute 1/11th of Basic Salary ofthe employee per month?

► Provident Fund► Gratuity Fund ► Stock yield► InterestQuestion No: 13 ( Marks: 1 ) - Please choose oneThe value of x for the equation -(-x - 5) = x – 2 is ------------------

► no solutions ► -5► 3► 1 / 2Question No: 14 ( Marks: 1 ) - Please choose oneWhat will be the simple interest earned on an amount of Rs. 16,800 in 9 monthsat the rate of1

64% p.a?

► Rs. 787.50 Rs. 812.50Rs 860Rs. 887.50Question No: 15 ( Marks: 1 ) - Please choose oneThis example returns the present value of an investment that pays Rs. 250 atthe end of every month for 2 years. The money paid out will earn 7.5% annually.=PV (7.5%/12, 2*12, 250, 1)=PV (7.5%/12, 2*12, 250, 0)=PV (7.5%/12, 2, 250, 0)► =PV (7.5%, 2*12, 250, 1) Question No: 16 ( Marks: 1 ) - Please choose oneAll formula in Excel start with+► = -%Question No: 17 ( Marks: 1 ) - Please choose oneA percentage is a way of expressing a number as

► a fraction of 100 . sum of number with 100.multiplication of number with 100.average of number with 100.Question No: 18 ( Marks: 1 ) - Please choose oneGiven : List Price =5500Rs , Discount = 850Rs, then Net Cost Price will be6350 Rs6350 Rs5508 Rs5508 Rs5585 Rs► 4650 Rs Question No: 19 ( Marks: 1 ) - Please choose oneIf C = Cost price, S = Selling Price then the margin on the cost is equalto100CC S

100SC S►100CS C100SS CQuestion No: 20 ( Marks: 1 ) - Please choose oneIn 2 years you are to receive $10,000. If the interest rate were to suddenlydecrease, the present value of that future amount to you would

Fall Rise remain unchanged The correct answer cannot be determined without more information

Question No: 21 ( Marks: 1 ) - Please choose oneThe net price of a computer table is 2500 and list price 3000. The tradediscount will be

► 13%► 17% ► 21%► 25%Question No: 22 ( Marks: 1 ) - Please choose oneStore A marked down a $ 50 perfume to $ 40 with markdown of $10The % Markdown is

► 10%► 20% ► 30%► 40%Question No: 23 ( Marks: 1 ) - Please choose oneGiven for a product selling price = $45 and unit variable cost= $30 then Unitcontribution margin will be

► $15► $75► $1.5► Can not be found from given values. Question No: 24 ( Marks: 1 ) - Please choose one3x2 + 5x – 7 is --------------- expression.

► Monomial

► Binomial ► Trinomial► Linear

Question No: 1 ( Marks: 1 ) - Please choose oneStore A marked down a $ 50 perfume to $ 40 with markdown of $10The % Markdown is

► 10%► 20% ► 30%► 40%Question No: 2 ( Marks: 1 ) - Please choose oneGiven Net price of shirt = $20 , Discount = 10% ,List price will

► $22 ► $24► $26► $30Question No: 3 ( Marks: 1 ) - Please choose oneWhich is the correct syntax for the determinant of a matrix given by thefollowing array

► =DETERM(B4:E7)► =MDTERM(B4:E7)► = MDETERM(B4:E7) ► =MDETERM(B4;E7)Question No: 4 ( Marks: 1 ) - Please choose oneVDB returns the depreciation of an asset for

► Zero period► One period► Two period► Any arbitrary period Question No: 5 ( Marks: 1 ) - Please choose oneIf the cost & selling price of a pen are Rs.12 & Rs.15 respectively, profitpercentage is:

► 33.33%► 25% ► 20%► 10%Question No: 6 ( Marks: 1 ) - Please choose oneThis example returns the depreciation for an asset that costs Rs. 10,000, with asalvage value of $8,000. The useful life of the asset is 5 years. The depreciationis being calculated for the third year, and there are 10 months in the first year.

► =DB (10000, 5, 8000, 3, 10)► =DB (10000, 8000, 5, 10, 3)► =DB (10000, 8000, 5, 3, 10) ► =DB (10000, 8000, 10, 3, 5)Question No: 7 ( Marks: 1 ) - Please choose oneWhich of the following functions is not related to financial analysis?

► AMORDEGRC► AMORLINC► CUMIPMT► MDETERM Question No: 9 ( Marks: 1 ) - Please choose oneDimension of a matrix meansColumn spaceRow spaceOrder of the matrix None of theseQuestion No: 10 ( Marks: 1 ) - Please choose oneIf there is a -30% change in the price of an item, what does the negative signshow?

The price is increasing.The price is decreasing. The price has low rate of change.None of the above.

Question No: 12 ( Marks: 1 ) - Please choose oneWrite a formula to find the simple interest (I) if $5000 is invested at 4% for 2years.I=PRT I=P+R+TI=PTI=P(R+T)Question No: 13 ( Marks: 1 ) - Please choose oneEvery percentage can be converted into:

Decimal Ratio Proportion Both decimal & ratio

Question No: 14 ( Marks: 1 ) - Please choose oneMonthly installments of a leased car are calculated by using the techniques of:

► Simple interest method► Compound interest method ► Annuity► Hit & trial methodQuestion No: 15 ( Marks: 1 ) - Please choose oneSuppose that you are spending 1500 dollars in an investment and Accumulatedfactor is 15 then Accumulated Value will be

► 22550► 22500 ► 21000► 22510Question No: 16 ( Marks: 1 ) - Please choose oneWhat is the interest on Rs. 1600 for one year at the rate132%?

► 65► 56 ► 75► 90

Question No: 1 ( Marks: 1 ) - Please choose oneA, B and C play cricket. A's runs are to B's runs and B's runs are to C's as3:2. They get altogether 342 runs.How many runs did A make?

► 162► 108► 72► 112Question No: 2 ( Marks: 1 ) - Please choose oneThe price of a P4 computer was $12000 last year. What is the price of the computer forthis year if the price is decreased by 10%?

► $12000► $12500► $10800► $9000Question No: 3 ( Marks: 1 ) - Please choose oneFour friends take an IQ test. Their scores are 96, 100, 106, 114. Which of the followingstatements is true?

► The mean is 103.► The mean is 104.► The median is 100.► The median is 106.Question No: 4 ( Marks: 1 ) - Please choose onePercentage is a ratio of given number with standard number:

► 100► Same number► 1000► 10Question No: 5 ( Marks: 1 ) - Please choose oneThe Virtual University of Pakistan is a growing distant learning university ofPakistan. The number of students in the university is increasing each year. Thenumber of registered students in a course related to business math last year was7113 and it is increased up to 9242 this year. What is the percentage increase inthe number of students?

► 23%► 30%

► 18%► 42%Question No: 6 ( Marks: 1 ) - Please choose oneIf A and B are any two matrices of order mn and p q respectively and m>nand p<q. What should be the condition on m, n, p, q for the product AB to hold?

► n>p► m<=q► q=p► n=pQuestion No: 7 ( Marks: 1 ) - Please choose oneThe price at which investors buy or sell a share of stock at a given time isreferred as

► Face value► Market value► Accumulated value► Earning valueQuestion No: 8 ( Marks: 1 ) - Please choose oneGross salary is also called Net salary

► True► FalseQuestion No: 9 ( Marks: 1 ) - Please choose oneCan we subtract a positive integer k from the identity matrix?

► Yes► NoQuestion No: 10 ( Marks: 1 ) - Please choose oneNet price =

► List price +trade discount► List price - trade discount► List price /trade discount► List price * trade discountQuestion No: 11 ( Marks: 1 ) - Please choose oneDivision. Symbol: / is a type of

► Comparison operators► Concatenation operator► Reference operators► Arithmetic operatorsQuestion No: 12 ( Marks: 1 ) - Please choose oneGiven : List Price =5500Rs , Discount = 850Rs, then Net Cost Price will be

► 6350 Rs

6350 Rs► 5508 Rs5508 Rs► 5585 Rs► 4650 RsQuestion No: 13 ( Marks: 1 ) - Please choose oneTo convert a number in percent (%) from a fraction, we do which of the followingoperation:► add by 100► subtract by 100► multiply by 100► divide by 100Question No: 14 ( Marks: 1 ) - Please choose oneIf A is the matrix of dimension 23 and I is the identity matrix of dimension 33.Then which of the following is true

► AI = I► AI = A► A + I = A► A + I = IQuestion No: 15 ( Marks: 1 ) - Please choose oneIf ratio of boys and girls in a class is 7: 5, which of the following can’t be the totalnumber of the students in the class?

► 36► 50► 60► 120Question No: 16 ( Marks: 1 ) - Please choose oneSLN returns the straight-line depreciation of an asset for► Zero period► One period► Two periods► Three periodsQuestion No: 17 ( Marks: 1 ) - Please choose oneAssume you will work for the next 20 years and at the end of each year you will deposit$20,000 into a savings account. At the end of that 20 year period you will startwithdrawing your retirement living expenses from that account at the beginning of everyyear. This financial plan involves a _____ problem while you are working and a _____problem while you are in retirement.

► a present value of a dollar, future value of a dollar► a future value of an annuity due, a present value of an annuity due► a future value of an annuity due, a present value of an ordinary annuity► a future value of an ordinary annuity, a present value of an annuity due► a future value of an ordinary annuity, a present value of an ordinary annuity

Question No: 19 ( Marks: 1 ) - Please choose onewhich of the following is linear equation

► 2x-3y=-6► x+x+x► 520x²y²► y^2 -3=0Question No: 20 ( Marks: 1 ) - Please choose oneGiven FC = Rs.5000 ,CM= Rs. 30 ,VC= Rs. 150 , Capacity = 320units then BEP inunits =4500 units_►_167 units33 units16 units

Question No: 25 ( Marks: 3 )The mean of the numbers 10, 7, 9, 2 and x is 11; find the value of x.Solution

total = 5*11 =55

total =10+7+9+2+x=55

28+x=55

x=55-28

x=27

Question No: 26 ( Marks: 5 )The salary of an employee is as follows:Basic salary = 50,000 Rs.What is the amount of allowances if House Rent = 45 %, Conveyance allowance = 2.5 % andUtilities allowance = 2.5 %?Solution

House Rent = 50000*45/100 =22500

Conveyance Allowance = 50000*2.5/100 = 1250

Utilities Allowance = 50000*2.5/100 = 1250

Question No: 27 ( Marks: 10 )If the price of 16 dozen of eggs and 10 breads of large size is 332.The price of 10 dozen ofeggs and 8 breads of large size is 225.Find the prices of per dozen eggs and per bread.(Solve this question by using matrices only)Solution

192X+10y=332

120x+8y=225

from 2

8y=225-120x

y=(225-120x)/8

put in 1

192x+10(225-120x)/8=332

192x+281.25-150x=332

(192-150)x=332-281.25

42x=50.75

x=1.21

y=(225-120*1.21)/8

y=10

Question No: 17 ( Marks: 2 )A man borrows $39000 for 1and half year at a rate of 1.65%. What is the simple interest he hasto pay?

Simple interest is given by

I= P*R*T/100

P= principal = $39000

R= interest rate= 1.65%

T= 1.5 year

Interest, I =(39000 * 1.65 *1.5)/100 = Rs 965.25

Question No: 19 ( Marks: 3 )Write the output of B9, B10, B11 and B12. If you think the formula is incorrect write"Error" in output.ANSWER:

The output of =sum(B3,B4,B5,B6) = 100

=multiply(B5,B6) will not give result because multiply is not a excel function

B4/B6 is not a formula because in excel formula must start with "="=B4% will return 0.2Question No: 18 ( Marks: 2 )IfCost price = 2000RsSelling price = 6500RsThen what will be %Markup on cost?MUC= S- C (Rs markup on cost = selling price- cost price)

= 6500-2000 = Rs 4500

% markup on cost = (MuC/cost price) * 100 = (4500/2000) *100= 225%Question No: 20 ( Marks: 5 )A gold chain is sold for Rs. 6500 at a gain of 25%. Find the profit.Selling price = 6500

Profit = 25%

Profit in Rs= (6500*25)/100= Rs 1625Question No: 21 ( Marks: 10 )For the following matrices perform the indicated operation, if possible.(a)(b)(c)a)

A = 2 0 -3 2 + B = 0 -4 -7 2-1 8 10 -5 12 3 7 9

A+B= 2+0 0-4 -3-7 2+2-1+12 8+3 10+7 -5+9

A+B = 2 -4 -10 411 11 17 4

b)

B-A= 0-2 -4-0 -7-(-3) 2-212-(-1) 3-8 7-10 9-(-5)

B-A= -2 -4 -4 013 -5 -3 14

c) A+C is not conformable for addition because for addition number of rows andcolumns of A must be equal to number of rows and columns of C

Question No: 25 ( Marks: 3 )Find the single discount rate that is equivalent to the series18%, 12%, 9%.Solution:Let list price = 100

Series trade discount: Netprice = List price(1-d1)(1-d2)…..(1-dn)

= 100 (1 - .18)(1 - .12)(1 - .09)

= 100(.82)(.88)(.91)

=100(.657)

=65.7

Single discount rate = 100 – 65.7

= 34.3%Question No: 26 ( Marks: 5 )Compute the amount of compound interest for Rs 3500 at 6% per annum for 2years.

Solution:

S = P(1+R/100)^n

S= Money accrued after n years also called compound amount

P= Principle amount

R= Rate of interest

n= number of periods

S= 3500 (1 + 6/100)^2

=3500 (1 + .06)^2

=3500(1.06)^2

= 3500(1.1236)

S=3933

Compound interest = S – P

= 3933 – 3500

= 433Question No: 27 ( Marks: 10 )It is advised by the exam department of an institute to the assistant to develop astructure of marks obtained by three students in three different subjects for veryquick view & analysis with the following instructions to be followed strictly as;a) marks obtained by EACH student in EVERY subjectb) marks in EACH subject be obtained by EVERY student.Also describe & justify the optimality of the structure. If such model is possiblethen suggest its further extension for numerous numbers of students.Solution: The optimal method to solve this problem is by using matricesLet the student names be:

1. Ahmed2. Shahzad3. Amjad

Let the subjects be:

1. Math2. Chemistry3. Physics

Math Chemistry PhysicsAhmed 10 20 30Shahzad 15 25 35Amjad 20 25 45

Now let’s convert the above table into a matrix:10 20 30A = 15 25 3520 25 45BENEFITS OF MATRICES: The below benefits can help in further extension

1. Can handle large amount of data:So w.r.t to the above question you can increase the no. of students &subjects as per your requirement and a

2. Analysis of data:By using different matrix functions you can easily find out the respectiveaverages and the grades of students.

3. Simple & Easy:The above mentioned matix structure is simple and easy to understandand the data can be easily converted from table to matrix

4. Easy to evaluate performance:Its easy to find each students performance in a specific subject

5. Easy extension:As matrices can handle large amounts of data so you just need to enterthe data rest is done by matrices functions.

Question No: 25 ( Marks: 3 )The mean of the numbers 10, 7, 9, 2 and x is 11; find the value of x.Solution

total = 5*11 =55

total =10+7+9+2+x=55

28+x=55

x=55-28

x=27Question No: 26 ( Marks: 5 )The salary of an employee is as follows:Basic salary = 50,000 Rs.What is the amount of allowances if House Rent = 45 %, Conveyance allowance =2.5 % and Utilities allowance = 2.5 %?Solution

House Rent = 50000*45/100 =22500

Conveyance Allowance = 50000*2.5/100 = 1250

Utilities Allowance = 50000*2.5/100 = 1250

Question No: 27 ( Marks: 10 )If the price of 16 dozen of eggs and 10 breads of large size is 332.The price of10 dozen of eggs and 8 breads of large size is 225.Find the prices of per dozeneggs and per bread.(Solve this question by using matrices only)Solution

192X+10y=332

120x+8y=225

from 2

8y=225-120x

y=(225-120x)/8

put in 1

192x+10(225-120x)/8=332

192x+281.25-150x=332

(192-150)x=332-281.25

42x=50.75

x=1.21

y=(225-120*1.21)/8

y=10Question No: 17 ( Marks: 2 )A man borrows $39000 for 1and half year at a rate of 1.65%. What is the simple interest he hasto pay?Simple interest is given by

I= P*R*T/100

P= principal = $39000

R= interest rate= 1.65%

T= 1.5 year

Interest, I =(39000 * 1.65 *1.5)/100 = Rs 965.25

Question No: 18 ( Marks: 2 )IfCost price = 2000RsSelling price = 6500RsThen what will be %Markup on cost?MUC= S- C (Rs markup on cost = selling price- cost price)

= 6500-2000 = Rs 4500

% markup on cost = (MuC/cost price) * 100 = (4500/2000) *100= 225%Question No: 19 ( Marks: 3 )Write the output of B9, B10, B11 and B12. If you think the formula is incorrect write"Error" in output.ANSWER:

The output of =sum(B3,B4,B5,B6) = 82

=multiply(B5,B6) will not give result because multiply is not a excel function

B4/B6 is not a formula because in excel formula must start with "="=B4% will return 0.2Question No: 20 ( Marks: 5 )A gold chain is sold for Rs. 6500 at a gain of 25%. Find the profit.Selling price = 6500

Profit = 25%

Profit in Rs= (6500*25)/100= Rs 1625Question No: 21 ( Marks: 10 )For the following matrices perform the indicated operation, if possible.(a)(b)(c)

a)

A = 2 0 -3 2 + B = 0 -4 -7 2-1 8 10 -5 12 3 7 9

A+B= 2+0 0-4 -3-7 2+2-1+12 8+3 10+7 -5+9

A+B = 2 -4 -10 411 11 17 4

b)

B-A= 0-2 -4-0 -7-(-3) 2-212-(-1) 3-8 7-10 9-(-5)

B-A= -2 -4 -4 013 -5 -3 14

c) A+C is not conformable for addition because for addition number of rows andcolumns of A must be equal to number of rows and columns of C

Define rebate .Answer: A rebate is an amount paid by way of reduction, return, or refund on what hasalready been paid or contributed. It is type of sales promotion marketers useprimarily as incentives or supplements to product sales.

What is the difference between discount and trade discount?Answer: A reduction from the full or standard amount of a price or debt is called discount.Generally a discount is given as a percentage of the standard amount. Thispercentage is called rate of discount. A discount on the list price granted by amanufacturer or wholesaler to buyers in the same trade is called trade discount. If Lis the list price and d is the discount rate then Trade discount or the discountamount = L*d and Net price = List price - discount amount = L - L*d = L * (1-d)

Question No: 21 ( Marks: 2 )Find the Discount where price is 2000 and discount rate is 12%.Solution:Price = 2000

Discount rate = 12%

Discount = Price * rate

Discount = 2000*12/100

Discount = 240Question No: 22 ( Marks: 3 )Calculate compound interest earned on Rs. 2250 invested at 8% per annum for 6 yearsSolution

compound interest = (1-((1.08)^6))*2250=1320Question No: 23 ( Marks: 5 )If the Basic salary of an employee is Rs 8000 and Allowances are Rs 4,000 . What arethe cost on account of 20 casual and 10 sick leaves per year if normal working days permonth are 26?Solution:

Cost of casual leaves per year = {18 / (26 x 12)} x 12000 x 12 = 8307.7 Rs

Cost of Sick leaves per year = {12 / (26 x 12) x 12000 x 12 = 5538.5 Rs.Question No: 24 ( Marks: 10 )The price of medicine inventory is Rs. 500,000.The series discounts are 20%, 10%, 5%.What is the single equivalent discount rate?if Invoice was dated May 1st and 10% discount is offered if invoice is paidup to 10thMay. What will be net payment for invoice value of Rs. 500,000 ifpaid up to 10th May.SolutionList Price=500,000

D1=20%

D2=10%

D3=5%Net price=N= L (1-d1)(1-d2)(1-d3)

= 500,000(1-0.20)(1-0.10)(1-0.05)

= 342,000

Single discounted rate is given by

Here we see N=L(1-d)

=500000(1-31.6%)

=342000

So we can say that …..31.6% is a single discounted ratePayment over 10th of may= 500,000(1- 10%)

= 450,000

The amount added to a cost to arrive at a selling price is ………Select correct option:

Markup margin both markup & margin percent on cost

At break even point, the company has a positive cash flow that is …………… after meeting expenses Select correct option:

Surplus cash Slake cash Net cash

None of thesef the cost of a certain goods item is Rs. 2400 and its selling price is Rs. 4500 then the markup rate I select 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 twosubjects? 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 agiven loan. elect correct option:

28.6% 27.2% 22.2% None of these

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 none of these

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 correctoption:

10% 50% 30% None of these

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

176 16011

1760 4500

If P=Principal, R=rate percent per annum, T=time in years and I=simple interest thenSelect correct option:I= PRT/100I=PR/TI=PT/RNone of theseHarry made $16,000 last year at his job. He paid 11% in income tax. How much was his tax? Select correct option:

176 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 None of these

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: Can never be determined -3 0 -13

The amount added to a cost price while calculating a selling price is calledSelect correct option:

actual price markup margin markdown

The amount added to a cost price while calculating a selling price is calledSelect correct option:

actual price

markup margin markdown

If x + 2 : 2 = x : 3, then x =?Select correct option: 2 -3 5 -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

Question # 3 of 10 ( Start time: 06:33:37 PM ) Total Marks: 1Solution of linear equation; 0x+8 = 5Select correct option:

Can never be determined -3 0 -13

Question # 4 of 10 ( Start time: 06:34:34 PM ) Total Marks: 1The rate at which the calculations are made is calledSelect correct option:

Discount factor Discount Rate Discount Value Non

Question # 5 of 10 ( Start time: 06:36:01 PM ) Total Marks: 1After the merchant buys merchandise, it is sold at a higher price called the-------Select correct option:

Cost price Revenue discount Mark down None of these

Question # 6 of 10 ( Start time: 06:37:29 PM ) Total Marks: 1Dividends, payments on the installments purchases, payments on the rent, interest payments on the bonds, mortgage paymentsand premium on insurances are all the examples ofSelect correct option:

Simple interest Compound interest Gratuities Annuity

Question # 7 of 10 ( Start time: 06:38:31 PM ) Total Marks: 1The algebraic expression: x2+xy-6y2 is an example ofSelect correct option:

Trinomial Binomial Both trinomial and Polynomial Both Binomial and Polynomial

Question # 8 of 10 ( Start time: 06:40:01 PM ) Total Marks: 1What shall be compound intrest earned on Rs.750 invested at 12% per annum for 8 years.Select correct option:

Rs.1857 Rs.750 Rs.1107 None of these

Question # 9 of 10 ( Start time: 06:41:32 PM ) Total Marks: 1Any matrix in which numbers of rows and columns are equal is called …….. matrix.Select correct option:

Identity triangular Diagonal Square

Question # 10 of 10 ( Start time: 06:41:58 PM ) Total Marks: 1The formula FV (ordinary Annuity) = C * [(1 + i)n – 1/i] is used to find the value ofSelect correct option:

Future value of the annuity Accumulation factor Amount of annuity Non of above

Q:The Earning per share is the total profits of a company divided by theannual dividend

number of shares market value per share earning per share

Q: The unknown value in the proportion: 2: x = 3: 9, is …. 5 6 7 8

Q: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 hisoriginal amount now?

1000 993.6

1004 None of these

Sent at 18:52 on Thursday

Q: If 2.5 : 7.5 = 3.7 : x, then x = ? 10.10 11.10 12.10 13.10

Q: In Excel, if we write 4 in A5 cell & 9 in B5 cell, then formula is “=A5 + B5” “=B5 + A5” both (i)&(ii) none

Q: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] None of these

Q: 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 None of these

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

16.8 15.8 14.8 17.8

Question # 1 of 10 ( Start time: 07:01:59 PM ) Total Marks: 1Identity matrix is also a ……….. matrixSelect correct option:

Square triangular Diagonal Both (i)&(iii)

Question # 2 of 10 ( Start time: 07:02:38 PM ) Total Marks: 1The unknown value in the proportion: 2: x = 3: 9, is ….Select correct option:

5 6 7 8 6

Question # 3 of 10 ( Start time: 07:03:02 PM ) Total Marks: 1The trade discount is calculated by ------------------------

Select correct option: dL d - L d + L d - dL

Question # 4 of 10 ( Start time: 07:04:31 PM ) Total Marks: 1If Ali buys pencil 3 Rs. and sell it at price 3.5 Rs. What is percent markup on selling price?Select correct option:

14.1 14.3 14.5 None of these

Question # 5 of 10 ( Start time: 07:05:51 PM ) Total Marks: 1In the word BALLOONS, the ratio of vowels to consonants isSelect correct option:

3/5 3/8 5/3 8/5

Question # 6 of 10 ( Start time: 07:07:09 PM ) Total Marks: 1After 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?Select correct option:

823 923 1023 1123

Question # 7 of 10 ( Start time: 07:08:30 PM ) Total Marks: 1A matrix is a _________ array of numbers.Select correct option:

square triangular rectangular none of these

Question # 8 of 10 ( Start time: 07:09:42 PM ) Total Marks: 1The value of the unknown x in the proportion 2:x=3:9 is given bySelect correct option:

6 3 1/3 2

Question # 9 of 10 ( Start time: 07:10:03 PM ) Total Marks: 1A 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?Select correct option:

32% 31% 30% 25%

Question # 10 of 10 ( Start time: 07:10:54 PM ) Total Marks: 1If P=principal,R=rate of intrest per annum, T=time in years and I=simple intrest then I=Select correct option:

P.R/T PR/T*100 PRT/100 None of these

Question # 1 of 10 ( Start time: 07:13:43 PM ) Total Marks: 1If the basic salary of an employee is Rs.14,000 then the utility allowances are ………Select correct option:

Rs.1400 Rs.700 Rs.350 None of these

Question # 2 of 10 ( Start time: 07:14:13 PM ) Total Marks: 1If the basic salary of an employee is Rs.14,000 ,then his/her house rent allowance is………Select correct option:

Rs.4500 Rs.5600 Rs.6300 None of these

Question # 3 of 10 ( Start time: 07:14:42 PM ) Total Marks: 1For a product, if its list price is Rs.500 at the discount rate of 25% then its net cost price isSelect correct option:

Rs.375 Rs.125 Rs.625 Rs.525

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

1/4 1/2 4 5/2

Question # 5 of 10 ( Start time: 07:16:38 PM ) Total Marks: 1The value of (25) ^ -1/2 is....

Select correct option: 0.5 0.4 0.3 0.2

Question # 6 of 10 ( Start time: 07:17:23 PM ) Total Marks: 1Invoice was dated December 1st. The terms 3/15 mean that 3% discount is offered if invoice is paid up to 15th December. What isthe net payment for invoice value of Rs. 35,000 if paid up to 15th DecemberSelect correct option:

Rs. 34950 Rs. 33950 Rs. 32950 Rs. 31950

Question # 7 of 10 ( Start time: 07:18:53 PM ) Total Marks: 1For Rs. 1630 you can purchase a 7-year ordinary annuity that will pay you a yearly payment of Rs. 430 for 7 years. The compoundannual interest rate implied by this arrangement is closest toSelect correct option:

8% 10% 9% 11%

Question # 8 of 10 ( Start time: 07:20:23 PM ) Total Marks: 1If the order of a matrix A is 3X3,what shall be order of its inverse?Select correct option:

2X2 3X3 2X3 none of these

Question # 9 of 10 ( Start time: 07:20:56 PM ) Total Marks: 1The salary of an employee is as follows: Basic salary = 20,000 Rs. Allowances = 5,000 Rs. What is the cost on account of casualleaves per year if normal working days per month is 22?Select correct option:

6818.1Rs. 20454.5Rs.

13636.4Rs. 34090.9Rs.

Question # 10 of 10 ( Start time: 07:22:22 PM ) Total Marks: 1The rate at which the calculations are made is calledSelect correct option:

Discount factor Discount Rate Discount Value Non

Select correct option: 5 6 7 8

2-In 3 years you are to receive Rs. 8,000. If the interest rate were to suddenly increase, the present value of that future amount toyou wouldSelect correct option:

fall rise remain unchanged. cannot be determined without more information

3-15% of the price of a shirt is increased. If the change in the price of the shirt is Rs 25, what is the original price?Select correct option:

Rs 150.5 Rs 166.7 Rs 175.5 Rs 180.5

price. What do floral arrangements cost Tanveer?Select correct option:

Rs.21 Rs.30 Rs.25 None of these

5-How many basic mathematical operations are used?Select correct option:

2 3 4 5

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

176 16011 1760 4500

10 number of rows & arbitrary number of columnsarbitrary no. of rows & columnsStrictly ‘10’ no of rows & ‘10’ no of columns10’ no. of columns & arbitrary no. of rowsSelect correct option:

A1:D15 D15:A1

both (i)&(ii) none

9-What is the formula for money accrued after n years.Select correct option:

S= P(1+r*100)^n S=P(1+r/100)^n S= P( 1+100/r)^n None of these

10-Returns the interest payment for an investment for a given period?Select correct option:

ISPMT NPER IPMT None of these.

Question # 1 of 10 ( Start time: 05:10:48 PM ) Total Marks: 1If A, B and C are matrices with orders 3×3, 2×3 and 4×2 respectively, then which of the following set of operations are possible?Select correct option:

4B, A + B, B+C, AB, CB, CBA 4B, CB, CBA A + B, B+C, CB, CBA 4B, CB, CBA

Quiz Start Time: 05:10 PM Time Left 86sec(s)Question # 2 of 10 ( Start time: 05:12:04 PM ) Total Marks: 1If 5x/2 = 9y/2 then, the ratio x: y = ……Select correct option:

9:4 9:5 9:2 9:6

Quiz Start Time: 05:10 PM Time Left 85sec(s)Question # 3 of 10 ( Start time: 05:12:53 PM ) Total Marks: 1The determinant of a matrix always existSelect correct option:

For square matrices only For rectangular matrices only For horizontal arrays only For vertical arrays only

Quiz Start Time: 05:10 PM Time Left 85sec(s)Question # 4 of 10 ( Start time: 05:13:03 PM ) Total Marks: 1Sum of annuity is alwaysSelect correct option:

Present value

Current value Net present value None of these

s)Question # 5 of 10 ( Start time: 05:14:32 PM ) Total Marks: 1The difference between revenue and cost is called theSelect correct option:

Net present value Net income Net Cash flow None of these

Quiz Start Time: 05:10 PM Time Left 86sec(s)Question # 6 of 10 ( Start time: 05:15:24 PM ) Total Marks: 1Order of a matrix =_________________.Select correct option:

number of rows X number of columns number of columns X number of rows number of rows – number of columns none of these

Quiz Start Time: 05:10 PM Time Left 84sec(s)Question # 7 of 10 ( Start time: 05:15:37 PM ) Total Marks: 1In a Proportion, a : b : : c: d , The product of ……….Select correct option:

Means and extremes must be equal Means must be greater than extremes Extremes must be greater than mean None of these

Quiz Start Time: 05:10 PM Time Left 61sec(s)Question # 8 of 10 ( Start time: 05:15:48 PM ) Total Marks: 1In order to stimulate the demand, the deduction in original sale price of an item is calledSelect correct option:

discount markup retail price markdown

Quiz Start Time: 05:10 PM Time Left 79sec(s)Question # 10 of 10 ( Start time: 05:18:00 PM ) Total Marks: 1Percent is an Excel operator.Select correct option:TrueFalse

Question no 1. The contribution margin per unit is an item's selling price minus the item’s..........

• Fixed costs • Variable costs • Both variable costs & fixed costs. • Net sales.

Question no 2. Contribution Margin is the amount that can be calculated by deducting Variable Cost from• Contribution rate• Net sale• Net income• None of these.Question no.3 ………………is the value at the end of depreciation.• Salvage• Asset• Cost• None of these.Question no.4 Difference between IRR and XIRR is that -------------------------------• IRR needs regular interval, but XIRR does not need regular intervals• XIRR does not calculate Internal Rate of Return, as IRR does.• The schedule cash flows are needed for IRR only.• None of theseQuestion no.5 ……… is the number of periods over which the asset is depreciated.• Life• Asset• Interval• none of theseQuestion no.6 If Variable Cost is Rs.120 and contribution margin is Rs 30, then sale will be ------------------------• 120• 130• 140• 150Question no.7 Which of the following function returns the depreciation of an asset for a specified period.• DDB• DB• IRR• MIRRQuestion no.8 SLN is for depreciation of• Asset• Profit• Loss• Capital

Question no. 9 Contribution margin in Rs. Is equal to• =(CM/FC)• =(FC/CM)*S• =(S-FC)*CM• = (CM-S)*FC.The regression equation should only usedSelect correct option:

When there is significant linear correlation When there is significant mluticorrelation When there is significant quadratic correlation When there is significant simple correlation

In the central tendency Mean, Median and ModeSelect correct option:

Mean is better than Median Median is better than Mode Mean is better than Mode All of these are true

The degree to which numerical data tend to spread about an average is calledSelect correct option:

The dispersion Standard deviation Correlation None of these

…………..graphs are similar to bar graphs.Select correct option:

column line conversion sector

A pattern of variation of a time series that repeats every year is called:Select correct option:

Cyclical Seasonal Trend Secular

If the values of variables are increasing or decreasing in the same direction then such kind of correlation is referred asSelect correct option:

Zero Correlation Perfect Correlation Positive Correlation Negative Correlation

The moving averages of the Prices 55,60,65,70 areSelect correct option:

70, 75 60, 65 65,65 70,60

The best measure of variation isSelect correct option:

Range Quartile deviation Variance Coefficient of variance

Question # 1 of 10 ( Start time: 05:05:16 PM ) Total Marks: 1A Fruit Punch recipe requires mango juice, apple juice and orange juice in the ratio of3:2:1. To make 2 liters of punch, quantity of apple juice will beSelect correct option:0.66 Liter0.77 Liter0.67 Liter0.56 LiterDecent Department Store marks down a item which is of price Rs. 235 by 50%. Anewspaper advertises an additional 10% off on that tem. What is the final selling price ofthe item?Select correct option:121.5117.5105.75200

Question # 3 of 10 ( Start time: 05:06:10 PM ) Total Marks: 1Identity matrix is always a…….. matrix.Select correct option:squarerectangularRowcolumnQuizQuestion # 4 of 10 ( Start time: 05:06:25 PM ) Total Marks: 1Typical total social charges of a company may be ……….. of gross salarySelect correct option:2.5%5%29%45%Quiz

Question # 5 of 10 ( Start time: 05:06:42 PM ) Total Marks: 1In a Proportion, a : b : : c: d , The product of ……….Select correct option:Means and extremes must be equalMeans must be greater than extremesExtremes must be greater than meanNone of these

In financial calculation the cost estimate is defined asSelect correct option:the product of number of items and the price of per unitthe product of different product assuming the same quantity with their unit pricethe product of number of items and their price after the markdownNone of theseQuiz

Question # 7 of 10 ( Start time: 05:07:44 PM ) Total Marks: 1In the ordinary annuity formula which of the following symbol represent amount of annuity(payments per period)Select correct option:inCPVQuizQuestion # 8 of 10 ( Start time: 05:08:24 PM ) Total Marks: 1A cell in row 12 and column C is represented as....Select correct option:C1212CC2121C

Internal Rate of Return (IRR) is the discount rate at which the present worth of costs isequal toSelect correct option:The present worth of discountsThe present worth of benefitsThe present worth of salesNone of theseIf SC is the current selling price and SN is the new selling price and M is the markdownthen which is the correct formula to find the %age markdownSelect correct option:(SC – SN)/ SN * 100(SC – SN)/ SC * 100(SC – SN)/ SN

(SC – SN)/ SC

Question # 1 of 10 ( Start time: 04:57:08 PM ) Total Marks: 1Invoice was dated December 1st. The terms 3/15 mean that 3% discount is offered ifinvoice is paid up to 15th December. What is the net payment for invoice value of Rs.35,000 if paid up to 15th DecemberSelect correct option:Rs. 34950Rs. 33950Rs. 32950Rs. 31950Quiz Start Time: 04:57 PM Time Left 80sec(s)Question # 2 of 10 ( Start time: 04:57:51 PM ) Total Marks: 1The salary of an employee is as follows: Basic salary = 10, 0000 Rs. Allowances = 60,000Rs. Find the Gross salary?Select correct option:130000140000160000190000Quiz Start Time: 04:57 PM Time Left 82sec(s)Question # 3 of 10 ( Start time: 04:58:09 PM ) Total Marks: 1If the basic salary of an employee is Rs.14,000 then the utility allowances are ………Select correct option:Rs.1400Rs.700Rs.350None of theseQuiz Start Time: 04:57 PM Time Left 84sec(s)Question # 4 of 10 ( Start time: 04:58:26 PM ) Total Marks: 1What percentage is 30% x of 120?Select correct option:30323640MC090401797 : Aqsa ZafarQuiz Start Time: 04:57 PM Time Left 83sec(s)Question # 5 of 10 ( Start time: 04:59:07 PM ) Total Marks: 1If a company is currently trading at Rs.92 a share and earnings over the last one year were

Rs.2 per share, the P/E ratio for the stock would be 46Select correct option:(92*2)/12(92+12)/1292/2(92+2)/12Quiz Start Time: 04:57 PM Time Left 79sec(s)Question # 6 of 10 ( Start time: 04:59:24 PM ) Total Marks: 1Net current asset value per share isSelect correct option:(Total liabilities – Current assets) / No. of shares outstandings(No. of shares outstandings – Total liabilities ) / Current assets(Current assets - Total liabilities ) / No. of shares outstandings(Current assets - No. of shares outstandings) / Total liabilitiesQuiz Start Time: 04:57 PM Time Left 79sec(s)Question # 7 of 10 ( Start time: 05:00:01 PM ) Total Marks: 1Percent is not an Excel operator.Select correct option:TrueFalseQuiz Start Time: 04:57 PM Time Left 79sec(s)Question # 7 of 10 ( Start time: 05:00:01 PM ) Total Marks: 1Percent is not an Excel operator.Select correct option:TrueFalse

A coat that cost 1700 Rs.To make the desired profit, 60% Markup on cost is needed. Whatis its Selling price?Select correct option:

2120 rs2520 rs2720 rs2920 rsBy …………… company evaluates that for every rupee generated in sales, how much isleft over to cover basic operating costs and profit.Select correct option:

markupmarginboth markup & margin

percent on costQuiz Start Time: 04:57 PM Time Left 83sec(s)Question # 10 of 10 ( Start time: 05:02:17 PM ) Total Marks: 1If 2x-3=5, then x = ….Select correct option:

423nonQuiz Start Time: 03:01 PM Time Left 88sec(s)Question # 1 of 10 ( Start time: 03:01:13 PM ) Total Marks: 1Which of the following is not component of social charges .Select correct option:

leaves.group insurance.medical.Conveyance allowance.Quiz Start Time: 03:01 PM Time Left 87sec(s)Question # 2 of 10 ( Start time: 03:01:46 PM ) Total Marks: 1Order of a matrix =_________________.Select correct option:

number of rows X number of columnsnumber of columns X number of rowsnumber of rows – number of columnsnone of theseQuiz Start Time: 03:01 PM Time Left 75sec(s)Question # 3 of 10 ( Start time: 03:02:07 PM ) Total Marks: 1Identity matrix is also a ……….. matrixSelect correct option:

SquaretriangularDiagonalBoth (i)&(iii)Quiz Start Time: 03:01 PM Time Left 83sec(s)Question # 4 of 10 ( Start time: 03:02:55 PM ) Total Marks: 1If 10% of x = 20% of y, then x : y is equal toSelect correct option:

1 : 22 : 15 : 110 : 1Quiz Start Time: 03:01 PM Time Left 74sec(s)Question # 5 of 10 ( Start time: 03:03:09 PM ) Total Marks: 1Dimension of a matrix = ……………Select correct option:

No of rows *No of columnsNo of rows + No of columnsNo of rows - No of columnsNone of theseQuiz Start Time: 03:01 PM Time Left 78sec(s)Question # 6 of 10 ( Start time: 03:03:38 PM ) Total Marks: 1Ahmed got 65 marks in mathematics in the first term exam. If he gets 80 marks in the midterm exam in the same subject, what is the percentage increase in the marks?Select correct option:

20.5%23.1%25.5%26.2%Quiz Start Time: 03:01 PM Time Left 71sec(s)Question # 7 of 10 ( Start time: 03:04:26 PM ) Total Marks: 1The ratio between present worth of benefit and cost is called theSelect correct option:

Benefit cost ratioBenefit sale ratioDiscount cost ratioDiscount sale ratioQuiz Start Time: 03:01 PM Time Left 76sec(s)Question # 8 of 10 ( Start time: 03:04:57 PM ) Total Marks: 1400 is what percent of 40?Select correct option:

101001000

10,000Quiz Start Time: 03:01 PM Time Left 76sec(s)Question # 9 of 10 ( Start time: 03:05:18 PM ) Total Marks: 1Weighted Average = ----------------------------------------- ( X1 , X2 + --- , Xn are the piontsof data and W1, W2 , --- , Wn are weights in fraction)Select correct option:

X1W1 + X2 W2 + --- + Xn WnX1 + X2 + --- + XnW1 + W2 + --- + WnX1W1 - X2 W2 - --- - Xn WnQuiz Start Time: 03:01 PM Time Left 63sec(s)Question # 10 of 10 ( Start time: 03:06:25 PM ) Total Marks: 1Carla wants to give her waiter a 15% tip. If her bill came to $8.34, how much will shespend altogether?Select correct option:

23.348.941.259.59Quiz Start Time: 03:08 PM Time Left 84sec(s)Question # 1 of 10 ( Start time: 03:08:10 PM ) Total Marks: 1If the basic salary of an employee of a company is Rs.14000, then his/her provident fund isSelect correct option:

Rs.2425.45Rs.2545.45Rs.2525.45None of theseQuiz Start Time: 03:08 PM Time Left 77sec(s)Question # 2 of 10 ( Start time: 03:08:34 PM ) Total Marks: 1If the 1/11th of Basic Salary per month is deducted by the company from the gross earningsof the employee then it is called ……….Select correct option:

Utilities allowanceConveyance allowanceProvident fundNone of these

Quiz Start Time: 03:08 PM Time Left 75sec(s)Question # 3 of 10 ( Start time: 03:09:28 PM ) Total Marks: 1Identity matrix is also a ……………… matrix.Select correct option:

squaretriangulardiagonalnullQuiz Start Time: 03:08 PM Time Left 85sec(s)Question # 5 of 10 ( Start time: 03:10:51 PM ) Total Marks: 1On the sale of Rs.35 there is 40% markup on selling price. What is the cost?Select correct option:

Rs.22Rs.21Rs.30none of theseQuiz Start Time: 03:08 PM Time Left 77sec(s)Question # 6 of 10 ( Start time: 03:12:14 PM ) Total Marks: 1If order for a sports item has a net price (N) of Rs.2000 after a d=20% trade discount. Thenformula for list price………………Select correct option:

L = N / (1 – d)L = (1 – d)/NL = (1 + d)/NL =N/ (1 + d)QuizQuestion # 7 of 10 ( Start time: 03:12:40 PM ) Total Marks: 1Benefit cost ratio is defined asSelect correct option:

The ratio between present worth of benefit and costThe ratio between present worth of benefit and list priceThe ratio between present worth of benefit and marginal priceNone of theseQuiz Start Time: 03:08 PM Time Left 78sec(s)Question # 8 of 10 ( Start time: 03:12:59 PM ) Total Marks: 1If P=Principal,R=rate of interest per annum,T=time in years,I=simple interest then totalamount to be paid after T years will be

Select correct option:

P+T*IP+IP+R*INone of theseQuiz Start Time: 03:08 PM Time Left 78sec(s)Question # 9 of 10 ( Start time: 03:13:22 PM ) Total Marks: 1The difference between revenue and cost is called theSelect correct option:

Net present valueNet incomeNet Cash flowNone of theseQuiz Start Time: 03:08 PM Time Left 47sec(s)Question # 10 of 10 ( Start time: 03:13:59 PM ) Total Marks: 1How long will it take for Rs. 6000 to produce Rs. 600 in interest at a rat of 5%?Select correct option:

2 Years3 Years8 Years10 YearsQuiz Start Time: 03:15 PM Time Left 76sec(s)Question # 1 of 10 ( Start time: 03:15:36 PM ) Total Marks: 1The value of the unknown x in the proportion 2:x=3:9 is given bySelect correct option:

631/32Quiz Start Time: 03:15 PM Time Left 82sec(s)Question # 2 of 10 ( Start time: 03:15:57 PM ) Total Marks: 1A matrix is a ___________ array of numbers.Select correct option:

squaretriangularrectangularnone of theseQuiz Start Time: 03:15 PM Time Left 76

sec(s)Question # 3 of 10 ( Start time: 03:16:09 PM ) Total Marks: 1An identity matrix is a ___________ matrix with 1’s on the main diagonal from upper leftto lower right and 0’s off the main diagonal.Select correct option:squarerectangularcolumnnone of theseQuiz Start Time: 03:15 PM Time Left 63sec(s)Question # 4 of 10 ( Start time: 03:16:56 PM ) Total Marks: 1The formula for net price is…... when 1st, 2nd and 3rd discounts are entered in F3, F4 andF5 respectively.Select correct option:= ((1-F3 /100)* (1-F4/100)* (1-F5 /100))*100=((1-F3)* (1-F4)* (1-F5))*100=((1+F3 /100)* (1+F4/100)* (1+F5 /100))*100none of theseQuiz Start Time: 03:15 PM Time Left 80sec(s)Question # 5 of 10 ( Start time: 03:17:37 PM ) Total Marks: 1Compound interest on Rs 10000 for 1 year at the rate of 8% per annum when the interest iscompounded quarterly can be calculated by using which of the following formulaSelect correct option:10000(1+0.02)^410000(1+0.08)^110000(1+0.08)^410000(1+0.02)^1Quiz Start Time: 03:15 PM Time Left 72sec(s)Question # 6 of 10 ( Start time: 03:18:44 PM ) Total Marks: 1Let, A= 3 5 , B= 7 9 11 4 6 8 10 12 and C= 5 9 6 10 7 12 Which of the followingcalculations are possible?Select correct option:A + B*CB + A*BC + A*BNone of theseQuiz Start Time: 03:15 PM Time Left 83sec(s)Question # 7 of 10 ( Start time: 03:19:35 PM ) Total Marks: 1If x/y = y/z then, y2 = ….

Select correct option:x/zx*zz/xy*zQuiz Start Time: 03:15 PM Time Left 81sec(s)Question # 8 of 10 ( Start time: 03:20:09 PM ) Total Marks: 1If S is the selling price and C is the cost then the correct formula to find margin of thecompany is given bySelect correct option:(S-C)/S(S-C)/S * 100(S-C)/C(S-C)/C*100Quiz StartQuestion # 9 of 10 ( Start time: 03:20:31 PM ) Total Marks: 1How much a company would have earning per share if the company has Rs. 250 million inearnings and have 20 million shares?Select correct option:Rs. 12.5Rs. 125Rs. 1250Rs. 12500Quiz Start Time: 03:22 PM Time Left 85sec(s)Question # 1 of 10 ( Start time: 03:22:20 PM ) Total Marks: 1Exponentiation is an Excel operator.Select correct option:TrueFalseQuiz Start Time: 03:22 PM Time Left 70sec(s)Question # 2 of 10 ( Start time: 03:22:31 PM ) Total Marks: 1If 5x/2 = 9y/2 then, the ratio x: y = ……Select correct option:9:49:59:29:6Quiz Start Time: 03:22 PM Time Left 85sec(s)Question # 3 of 10 ( Start time: 03:22:55 PM ) Total Marks: 1Simple interest on Rs.5000 at 10% per annum for 4 years isSelect correct option:

Rs.1500Rs.2000Rs.2500Rs.5000Quiz Start Time: 03:22 PM Time Left 78sec(s)Question # 4 of 10 ( Start time: 03:23:37 PM ) Total Marks: 1Ahmed bought a ticket of train for Rs 150. But his plan was postponed and he had to returnthe ticket some hours before the departure of the train. Ahmed was given back only Rs 120.What percentage was deducted by the ticket seller?Select correct option:10 %20 %30 %40 %Quiz Start Time: 03:22 PM Time Left 56sec(s)Question # 5 of 10 ( Start time: 03:24:01 PM ) Total Marks: 1In financial calculation the cost estimate is defined asSelect correct option:the product of number of items and the price of per unitthe product of different product assuming the same quantity with their unit pricethe product of number of items and their price after the markdownNone of theseQuiz Start Time: 03:22 PM Time Left 75sec(s)Question # 6 of 10 ( Start time: 03:24:45 PM ) Total Marks: 1Employees’ share of provident fund contribution is __________Select correct option:8.33%1.75%11%4.75%Quiz Start Time: 03:22 PM Time Left 83sec(s)Question # 7 of 10 ( Start time: 03:26:13 PM ) Total Marks: 1If Ali buys pencil 3 Rs. and sell it at price 3.5 Rs. What is percent markup on selling price?Select correct option:14.114.314.5None of theseQuiz Start Time: 03:22 PM Time Left 82

sec(s)Question # 8 of 10 ( Start time: 03:27:36 PM ) Total Marks: 1Nauman 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?Select correct option:1000993.61004None of theseQuiz Start Time: 03:22 PM Time Left 88sec(s)Question # 9 of 10 ( Start time: 03:28:57 PM ) Total Marks: 1The inverse of a matrix always exist .........if determinant of the matrix is not equals to zero.Select correct option:For square matrices onlyFor rectangular matrices onlyFor horizontal arrays onlyFor vertical arrays onlyQuiz Start Time: 03:22 PM Time Left 81sec(s)Question # 10 of 10 ( Start time: 03:29:18 PM ) Total Marks: 1What is the percentage markup on cost if the markup is Rs.300 and cost is Rs. 1500Select correct option:25%30%20%15%Quiz Start Time: 03:31 PM Time Left 83sec(s)Question # 1 of 10 ( Start time: 03:31:51 PM ) Total Marks: 1What is face valueSelect correct option:A company's legal debtsThe price at which investors buy or selloriginional cost of a share of stockNone of theseQuiz Start Time: 03:31 PM Time Left 82sec(s)Question # 2 of 10 ( Start time: 03:32:50 PM ) Total Marks: 1The amount added to a cost price while calculating a selling price is calledSelect correct option:actual pricemarkupmargin

markdownQuiz Start Time: 03:31 PM Time Left 80sec(s)Question # 3 of 10 ( Start time: 03:33:05 PM ) Total Marks: 1For Rs. 1630 you can purchase a 7-year ordinary annuity that will pay you a yearlypayment of Rs. 430 for 7 years. The compound annual interest rate implied by thisarrangement is closest toSelect correct option:8%10%9%11%Quiz Start Time: 03:31 PM Time Left 83sec(s)Question # 4 of 10 ( Start time: 03:34:32 PM ) Total Marks: 1The relationship between % Markup on Selling Price (mus) and % Markup on Cost (muc)isSelect correct option:mus=muc/(1+muc)muc=mus(1+mus)mus=muc(1+muc)None of theseQuiz Start Time: 03:31 PM Time Left 76sec(s)Question # 5 of 10 ( Start time: 03:35:54 PM ) Total Marks: 1The rate at which the calculations are made is calledSelect correct option:Discount factorDiscount RateDiscount ValueNonQuiz Start Time: 03:31 PM Time Left 88sec(s)Question # 6 of 10 ( Start time: 03:37:00 PM ) Total Marks: 1A computer software retailer used a markup rate of 40%. Find the selling price of acomputer game that cost the retailer $25.Select correct option:$30$35$40$45Quiz Start Time: 03:31 PM Time Left 56sec(s)Question # 7 of 10 ( Start time: 03:37:43 PM ) Total Marks: 1Which statement is true fot the followings? a = round(9.762, 1) b= round(9.762, 2)Select correct option:

a > ba < ba = bNone of the aboveQuiz Start Time: 03:31 PM Time Left 74sec(s)Question # 8 of 10 ( Start time: 03:38:22 PM ) Total Marks: 1The list price of a motorbike is Rs 40000. If a trade discount of 10% is offered, what will bethe net price of the motorbike?Select correct option:Rs 34000Rs 35000Rs 36000Rs 37000Quiz Start Time: 03:31 PM Time Left 76sec(s)Question # 9 of 10 ( Start time: 03:38:55 PM ) Total Marks: 1If the 1/11th of Basic Salary per month is deducted by the company from the gross earningsof the employee then it is called ……….Select correct option:Utilities allowanceConveyance allowanceProvident fundNone of theseQuiz Start Time: 03:31 PM Time Left 73sec(s)Question # 10 of 10 ( Start time: 03:39:29 PM ) Total Marks: 1For a product, if its list price is Rs.500 at the discount rate of 25% then its net cost price isSelect correct option:Rs.375Rs.125Rs.625Rs.525Quiz Start Time: 03:43 PM Time Left 81sec(s)Question # 1 of 10 ( Start time: 03:43:18 PM ) Total Marks: 1How long will it take for Rs. 6000 to produce Rs. 600 in interest at a rat of 5%?Select correct option:2 Years3 Years8 Years10 YearsQuiz Start Time: 03:43 PM Time Left 73

sec(s)Question # 2 of 10 ( Start time: 03:44:02 PM ) Total Marks: 1When we calculate the weighted average, then it is necessary thatSelect correct option:Weights should be in integersWeights should be in fractionWeights should be in irrational formNone of theseQuiz Start Time: 03:43 PM Time Left 79sec(s)Question # 3 of 10 ( Start time: 03:44:26 PM ) Total Marks: 1Simplify the algebraic expression [ (2*x^3)*(Y^2)/(z^4)*(u^3) ]^2Select correct option:[ (2*x^3)^2*(Y^2)^2/(z^4)^2*(u^3)^2 ][ (2*x^3)^2*(Y^2)/(z^4)^2*(u^3) ][ (2*x^3)*(Y^2)^2/(z^4)*(u^3)^2 ]None of theseQuiz Start Time: 03:43 PM Time Left 77sec(s)Question # 4 of 10 ( Start time: 03:45:53 PM ) Total Marks: 1Ahmed got 65 marks in mathematics in the first term exam. If he gets 80 marks in the midterm exam in the same subject, what is the percentage increase in the marks?Select correct option:20.5%23.1%25.5%26.2%Quiz Start Time: 03:43 PM Time Left 82sec(s)Question # 5 of 10 ( Start time: 03:46:32 PM ) Total Marks: 1One dozen bananas cost Rs. 15. They are sold at the markup of 12%. The selling price is ---------Select correct option:16.815.814.817.8Quiz Start Time: 03:43 PM Time Left 86sec(s)Question # 6 of 10 ( Start time: 03:47:09 PM ) Total Marks: 1Correct syntax of CUMPRINC function isSelect correct option:CUMPRINC (rate, nper, PV, end_period, type)CUMPRINC (rate, nper, PV, start_period

CUMPRINC (nper, start_period, end_period, type)None of theseQuiz Start

A company has a positive cash flow whenSelect correct option:There is surplus cash after meeting expensesThere is surplus cash before meeting expensesThere is cash value after meeting expensesThere is cash value before meeting expensesQuiz Start Time: 03:43 PM Time Left 82sec(s)Question # 10 of 10 ( Start time: 03:49:23 PM ) Total Marks: 1The value of (25) ^ -1/2 is....Select correct option:0.50.40.30.2Quiz Start Time: 03:52 PM Time Left 66sec(s)Question # 1 of 10 ( Start time: 03:52:27 PM ) Total Marks: 115% of the price of a shirt is increased. If the change in the price of the shirt is Rs 25, whatis the original price?Select correct option:Rs 150.5Rs 166.7Rs 175.5Rs 180.5Quiz Start Time: 03:52 PM Time Left 85sec(s)Question # 2 of 10 ( Start time: 03:53:23 PM ) Total Marks: 1Benefit cost ratio is defined asSelect correct option:The ratio between present worth of benefit and costThe ratio between present worth of benefit and list priceThe ratio between present worth of benefit and marginal priceNone of theseQuiz Start Time: 03:52 PM Time Left 86sec(s)Question # 3 of 10 ( Start time: 03:54:03 PM ) Total Marks: 1Order of a matrix =_________________.Select correct option:number of rows X number of columnsnumber of columns X number of rows

number of rows – number of columnsnone of theseQuiz Start Time: 03:52 PM Time Left 85sec(s)Question # 4 of 10 ( Start time: 03:54:13 PM ) Total Marks: 1Returns the interest payment for an investment for a given period?Select correct option:ISPMTNPERIPMTNone of these.Quiz Start Time: 03:52 PM Time Left 74sec(s)Question # 5 of 10 ( Start time: 03:54:42 PM ) Total Marks: 1If sum = 480, average = 80 then n wil beSelect correct option:5468Quiz Start Time: 03:52 PM Time Left 80sec(s)Question # 6 of 10 ( Start time: 03:55:04 PM ) Total Marks: 1If the cost price of certain item is Rs. 60 and its selling price is Rs. 100 then the markup isSelect correct option:1/61604060Quiz Start Time: 03:52 PM Time Left 63sec(s)Question # 7 of 10 ( Start time: 03:55:21 PM ) Total Marks: 1Suppose you bought 100 shares at Rs.52.25 each with a 1% commission rate buying. Whatshall be your total cost.Select correct option:Rs.5277.25Rs5235.75Rs.5220.50None of these.Quiz Start Time: 03:52 PM Time Left 64sec(s)Question # 8 of 10 ( Start time: 03:56:17 PM ) Total Marks: 1If x/5 = y/8 then ( x+ 5) : ( y + 8) is equal toSelect correct option:3 : 5

13 : 88 : 55 : 8Quiz Start Time: 03:52 PM Time Left 85sec(s)Question # 9 of 10 ( Start time: 03:57:30 PM ) Total Marks: 1The salary of an employee is as follows: Basic salary = 10, 0000 Rs. Allowances = 50,000Rs. Find the % allowances?Select correct option:10%50%30%None of theseQuiz StartQuestion # 10 of 10 ( Start time: 03:58:03 PM ) Total Marks: 1if you buy 100 shares at Rs.62.50 per share with a 2% commision,what shall be your totalcost.Select correct option:Rs.63.75Rs.61.25Rs.6375None of these.Quiz Start Time: 04:02 PM Time Left 82sec(s)Question # 1 of 10 ( Start time: 04:02:38 PM ) Total Marks: 1If the basic salary of an employee is Rs.14, 000 and allowances are Rs.6000 then theamount of deduction by the company for the Provident Trust Fund isSelect correct option:Rs.1222.72Rs.1272.72Rs.1212.72None of theseQuiz Start Time: 04:02 PM Time Left 66sec(s)Question # 2 of 10 ( Start time: 04:03:00 PM ) Total Marks: 1The inverse of an nxn matrix A exist whenSelect correct option:det(A)is equals to 1det(A)is not equals to 1det(A)is equals to 0det(A)is not equals to 0Quiz Start Time: 04:02 PM Time Left 83sec(s)Question # 3 of 10 ( Start time: 04:03:49 PM ) Total Marks: 1Average is called measures of ----------------

Select correct option:DispersionCentral tendencySkewnessTendencyQuiz Start Time: 04:02 PM Time Left 83sec(s)Question # 4 of 10 ( Start time: 04:04:25 PM ) Total Marks: 1Solve (-8/27)-2/3Select correct option:4/9-4/99/4-9/4Quiz Start Time: 04:02 PM Time Left 79sec(s)Question # 5 of 10 ( Start time: 04:05:49 PM ) Total Marks: 1Net cash flow is defined as the difference betweenSelect correct option:revenue and cost pricerevenue and sale pricerevenue and list priceNone of theseQuiz Start Time: 04:02 PM Time Left 87sec(s)Question # 6 of 10 ( Start time: 04:06:26 PM ) Total Marks: 1Order of a matrix =_________________.Select correct option:number of rows X number of columnsnumber of columns X number of rowsnumber of rows – number of columnsnone of theseQuiz Start Time: 04:02 PM Time Left 52sec(s)Question # 7 of 10 ( Start time: 04:06:34 PM ) Total Marks: 1What will be the rate of 20 taking as a base and percentage is 25?Select correct option:1.20%1.25%1.30%None of theseQuiz Start Time: 04:02 PM Time Left 81sec(s)Question # 8 of 10 ( Start time: 04:07:40 PM ) Total Marks: 1The price after deduction of all discounts or allowances is known as…….Select correct option:

net pricenew pricelist pricenone of theseQuiz Start Time: 04:02 PM Time Left 78sec(s)Question # 9 of 10 ( Start time: 04:07:54 PM ) Total Marks: 1If S is the selling price and C is the cost then the correct formula to find margin of thecompany is given bySelect correct option:(S-C)/S(S-C)/S * 100(S-C)/C(S-C)/C*100Quiz Start Time: 04:02 PM Time Left 84sec(s)Question # 10 of 10 ( Start time: 04:08:43 PM ) Total Marks: 1A Fruit Punch recipe requires mango juice, apple juice and orange juice in the ratio of3:2:1. To make 2 liters of punch, quantity of apple juice will beSelect correct option:0.66 Liter0.77 Liter0.67 Liter0.56 LiterQuiz Start Time: 04:10 PM Time Left 82sec(s)Question # 1 of 10 ( Start time: 04:10:27 PM ) Total Marks: 1Identity matrix is also a ……………… matrix.Select correct option:squaretriangulardiagonalnullQuiz Start Time: 04:10 PM Time Left 87sec(s)Question # 2 of 10 ( Start time: 04:11:19 PM ) Total Marks: 1Given Principal=Rs 2000 , Compound interest = Rs 928 , no of years = 4 , Rate of interest=10% . compound amount will beSelect correct option:Rs 8928Rs 1428Rs 2928Rs 2938Quiz Start Time: 04:10 PM Time Left 72sec(s)

Question # 3 of 10 ( Start time: 04:12:33 PM ) Total Marks: 1What is difference between annuity and future value?Select correct option:Annuity is the series of fixed payments for a fixed period of time while future value is theaccumulation of annuity at the end of period.Annuity is the series of fixed payments for a fixed period of time while future value is thelast payment of annuity at the end of period.Annuity is the series of fixed payments for a fixed period of time while future value is theprofit of annuity at the end of period.None of theseQuiz Start Time: 04:10 PM Time Left 68sec(s)Question # 4 of 10 ( Start time: 04:13:57 PM ) Total Marks: 1If an article of cost Rs.50 is sold at a profit of Rs.10. Then the profit percent isSelect correct option:5%500%20%40%Quiz Start Time: 04:10 PM Time Left 59sec(s)Question # 5 of 10 ( Start time: 04:14:26 PM ) Total Marks: 1If a discount of 2% is offered on an invoice with value Rs. 50,000 paid up to 10thMay.What is the net payment of the invoice up to 10th May?Select correct option:50000(1+2%)50000(1-2%)50000(1-2%)/10050000(1-2%)*100Quiz Start Time: 04:10 PM Time Left 81sec(s)Question # 6 of 10 ( Start time: 04:15:39 PM ) Total Marks: 1The operating expenses and profit to the cost of a company while determining their SalePrice is calledSelect correct option:markdowncostmargindiscountQuiz Start Time: 04:10 PM Time Left 72sec(s)Question # 7 of 10 ( Start time: 04:16:45 PM ) Total Marks: 1Which fraction can be used to form a proportion with 7/8?Select correct option:13/16

14/1521/2435/25Quiz Start Time: 04:10 PM Time Left 81sec(s)Question # 8 of 10 ( Start time: 04:17:10 PM ) Total Marks: 1Simple interest on Rs.5000 at 10% per annum for 4 years isSelect correct option:Rs.1500Rs.2000Rs.2500Rs.5000Quiz Start Time: 04:10 PM Time Left 79sec(s)Question # 9 of 10 ( Start time: 04:17:36 PM ) Total Marks: 1Solution of linear equation; 0x+8 = 5Select correct option:Can never be determined-30-13Quiz Start Time: 04:10 PM Time Left 87sec(s)Question # 10 of 10 ( Start time: 04:18:19 PM ) Total Marks: 1Accordance to the taxation rules if allowances exceed ………of basic salary, the amount istaxable.Select correct option:40%50%60%70%Quiz Start Time: 04:19 PM Time Left 78sec(s)Question # 1 of 10 ( Start time: 04:19:49 PM ) Total Marks: 1A computer software retailer used a markup rate of 40%. Find the selling price of acomputer game that cost the retailer $25.Select correct option:$30$35$40$45Quiz Start Time: 04:19 PM Time Left 72sec(s)Question # 2 of 10 ( Start time: 04:20:11 PM ) Total Marks: 1Decent Department Store marks down a item which is of price Rs. 235 by 50%. A

newspaper advertises an additional 10% off on that tem. What is the final selling price ofthe item?Select correct option:121.5117.5105.75200Quiz Start Time: 04:19 PM Time Left 88sec(s)Question # 3 of 10 ( Start time: 04:21:07 PM ) Total Marks: 1The salary of an employee is as follows: Basic salary = 20,000 Rs. the amount ofConveyance allowance and Utilities allowance = ………….Select correct option:500 Rs.750 Rs.1000 Rs.1250 Rs.Quiz Start Time: 04:19 PM Time Left 84sec(s)Question # 4 of 10 ( Start time: 04:21:52 PM ) Total Marks: 1Internal rate of return is a ratio in whichSelect correct option:Benefit cost = 1Benefit cost > 1Benefit cost < 1None of theseQuiz Start Time: 04:19 PM Time Left 81sec(s)Question # 5 of 10 ( Start time: 04:22:06 PM ) Total Marks: 1If I is the identity matrix of dimension 10 then how many rows and columns a matrix Amay have provided that IA = ASelect correct option:10 number of rows & arbitrary number of columnsarbitrary no. of rows & columnsStrictly ‘10’ no of rows & ‘10’ no of columns10’ no. of columns & arbitrary no. of rowsQuiz Start Time: 04:19 PM Time Left 77sec(s)Question # 6 of 10 ( Start time: 04:23:30 PM ) Total Marks: 1………..is a deduction from the list price of goods provided by a business in return forpayment within a specified time.Select correct option:trade discountcash discountcredit discountnone of these

Quiz Start Time: 04:19 PM Time Left 57sec(s)Question # 7 of 10 ( Start time: 04:23:50 PM ) Total Marks: 1What is the value of x, if 20% x = 50?Select correct option:150250350450Quiz StartQuestion # 8 of 10 ( Start time: 04:24:28 PM ) Total Marks: 1If a shopkeeper buys one item at Rs. 45 and sells it at Rs. 60 then what is his markup?Select correct option:1054560None of theseQuiz Start Time: 04:19 PM Time Left 85sec(s)Question # 9 of 10 ( Start time: 04:24:56 PM ) Total Marks: 1If ax = a2 , then x = ….Select correct option:0-22noneQuiz Start Time: 04:19 PM Time Left 75sec(s)Question # 10 of 10 ( Start time: 04:25:23 PM ) Total Marks: 1If a series discount is offered at the rates of 15%,10% and 5% on the list price, then thetotal discount isSelect correct option:15%+10%+5% = 30%(15%)(10%)(5%) = 750%15% - (10% + 5%) = 0%None of theseQuiz Start Time: 04:27 PM Time Left 85sec(s)Question # 1 of 10 ( Start time: 04:27:00 PM ) Total Marks: 1Which statement is true fot the followings? a = round(9.762, 1) b= round(9.762, 2)Select correct option:a > ba < ba = bNone of the aboveQuiz Start Time: 04:27 PM Time Left 83

sec(s)Question # 2 of 10 ( Start time: 04:27:11 PM ) Total Marks: 1A Range which starts from A1 and ends at D15 is referenced by …Select correct option:A1:D15A1:D25A1:D5A1:D55Quiz Start Time: 04:27 PM Time Left 85sec(s)Question # 3 of 10 ( Start time: 04:27:36 PM ) Total Marks: 1What percent of 5.25 is 1.25?Select correct option:21.5%22.7%23.8%24.9%Quiz Start Time: 04:27 PM Time Left 83sec(s)Question # 4 of 10 ( Start time: 04:28:07 PM ) Total Marks: 1The amount added to a cost price while calculating a selling price is calledSelect correct option:actual pricemarkupmarginmarkdownQuiz Start Time: 04:27 PM Time Left 65sec(s)Question # 5 of 10 ( Start time: 04:28:30 PM ) Total Marks: 1The original sale price can be estimated as bought price multiplicative factor of ratioSelect correct option:Assumed selling price and costAssumed selling price and markupAssumed selling price and markdownNone of theseQuiz Start Time: 04:27 PM Time Left 63sec(s)Question # 6 of 10 ( Start time: 04:29:57 PM ) Total Marks: 1If 42 : 6 = x : 5, what is the value of x?Select correct option:30323538Quiz Start Time: 04:27 PM Time Left 74sec(s)

Question # 7 of 10 ( Start time: 04:30:30 PM ) Total Marks: 1The salary of an employee is as follows: Basic salary = 30,000 Rs. Allowances = 10,000Rs. Then cost of the company on account of total social charges is ........Select correct option:2000 Rs.2320 Rs.7280 Rs.11600 Rs.Quiz Start Time: 04:27 PM Time Left 75sec(s)Question # 8 of 10 ( Start time: 04:31:18 PM ) Total Marks: 1The 2x+1 = 0 isSelect correct option:Linear equationQuadratic equationCubic EquationnonQuiz Start Time: 04:27 PM Time Left 82sec(s)Question # 10 of 10 ( Start time: 04:32:56 PM ) Total Marks: 1If we want to build retirement income or child’s education etc. then which of the followingterm‘ll be of the best useSelect correct option:Simple interestCompound interestAnnuitiesProvident fundQuiz Start Time: 04:34 PM Time Left 74sec(s)Question # 1 of 10 ( Start time: 04:34:26 PM ) Total Marks: 1A 20% profit on selling price is what percent mark-up (percent profit on cost) ?Select correct option:25%50%75%100%Quiz Start Time: 04:34 PM Time Left 77sec(s)Question # 2 of 10 ( Start time: 04:35:16 PM ) Total Marks: 1Simplify the algebraic expression [ (2*x^3)*(Y^2)/(z^4)*(u^3) ]^2Select correct option:[ (2*x^3)^2*(Y^2)^2/(z^4)^2*(u^3)^2 ][ (2*x^3)^2*(Y^2)/(z^4)^2*(u^3) ][ (2*x^3)*(Y^2)^2/(z^4)*(u^3)^2 ]None of these

Quiz Start Time: 04:34 PM Time Left 81sec(s)Question # 3 of 10 ( Start time: 04:35:53 PM ) Total Marks: 1Nauman 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?Select correct option:1000993.61004None of theseQuiz Start Time: 04:34 PM Time Left 76sec(s)Question # 4 of 10 ( Start time: 04:36:27 PM ) Total Marks: 1In a column matrix there is _____________ .Select correct option:no rowonly one rowonly one columnnone of theseQuiz StartSuppose that some candles are bought for Rs.2 and sold for Rs.2.50.What is percentmarkup on selling price?Select correct option:10%20%30%None of theseQuiz Start Time: 04:34 PM Time Left 86sec(s)Question # 6 of 10 ( Start time: 04:37:33 PM ) Total Marks: 1Percentage Markdown = (Rs. Markdown / ……….) ×100 %(16)Select correct option:Cost priceSelling priceList pricePurchase priceQuiz Start Time: 04:34 PM Time Left 82sec(s)Question # 7 of 10 ( Start time: 04:38:19 PM ) Total Marks: 1You want to buy an ordinary annuity that will pay you Rs. 1000 a year for the next 8 years.You expect annual interest rates will be 6 percent over that time period. The maximumprice you would be willing to pay for the annuity is closest toSelect correct option:8308.42

6209.796567.897234.4Quiz Start Time: 04:34 PM Time Left 81sec(s)Question # 8 of 10 ( Start time: 04:39:45 PM ) Total Marks: 1Inverse of a non-zero square matrixSelect correct option:existnot existMay or may not existNone of these.Quiz Start Time: 04:34 PM Time Left 87sec(s)Question # 9 of 10 ( Start time: 04:40:07 PM ) Total Marks: 1If SC is the current selling price and SN is the new selling price and M is the markdownthen which is the correct formula to find the %age markdownSelect correct option:(SC – SN)/ SN * 100(SC – SN)/ SC * 100(SC – SN)/ SN(SC – SN)/ SCQuiz Start Time: 04:34 PM Time Left 88sec(s)Question # 10 of 10 ( Start time: 04:41:18 PM ) Total Marks: 1IF N represent net price, d trade discount and L is the list price, then N = ….Select correct option:L (1 – d)L / (1-d)L (1 + d)L*dQuiz Start Time: 04:43 PM Time Left 81sec(s)Question # 1 of 10 ( Start time: 04:43:29 PM ) Total Marks: 1If a company is currently trading at Rs.92 a share and earnings over the last one year wereRs.2 per share, the P/E ratio for the stock would be 46Select correct option:(92*2)/12(92+12)/1292/2(92+2)/12Quiz Start Time: 04:43 PM Time Left 78sec(s)Question # 2 of 10 ( Start time: 04:44:07 PM ) Total Marks: 1In the month of July, Ali got 20% of his salary as an increment and 50% as a bonus. If his

salary was Rs 8000, how much salary did he get in July?Select correct option:Rs 12400Rs 14400Rs 16400Rs 18400Quiz Start Time: 04:43 PM Time Left 84sec(s)Question # 3 of 10 ( Start time: 04:45:32 PM ) Total Marks: 1A product costing Rs. 500 is sold at 30% profit. Find its selling price?Select correct option:320520720None of theseQuiz Start Time: 04:43 PM Time Left 66sec(s)Question # 4 of 10 ( Start time: 04:45:51 PM ) Total Marks: 1The relation between new selling price, %markdown and current selling price is:Select correct option:Current selling price = New selling price*(1 - %markdown)%markdown = %markdown*(1 - new selling price)New selling price = Current selling price*(1 - %markdown)%markdown = %markdown*(1 - Current selling price)Quiz Start Time: 04:43 PM Time Left 60sec(s)Question # 5 of 10 ( Start time: 04:46:22 PM ) Total Marks: 1If you buy 100 shares at Rs.62.5 per share with a 2% commission what shall be your totalcost.Select correct option:Rs.6250Rs.6750Rs.6375None of theseQuiz Start Time: 04:43 PM Time Left 71sec(s)Question # 6 of 10 ( Start time: 04:46:57 PM ) Total Marks: 1If there are 25 boys and 15 girls in a mathematics class then the ratio of girls to boys isgiven bySelect correct option:5:33:55:225:15Quiz Start Time: 04:43 PM Time Left 76sec(s)

Question # 7 of 10 ( Start time: 04:47:21 PM ) Total Marks: 1The inverse of a matrix always exist .........if determinant of the matrix is not equals to zero.Select correct option:For square matrices onlyFor rectangular matrices onlyFor horizontal arrays onlyFor vertical arrays onlyQuiz Start Time: 04:43 PM Time Left 78sec(s)Question # 8 of 10 ( Start time: 04:47:40 PM ) Total Marks: 1If Cost price = 1000Rs Selling price = 5500Rs Then what will be the Rs Markup?Select correct option:3500450055006500

: