Business Math & Stat Quiz#2, MCQs



NOTE: Attempt all Questions to see the Result at the bottom of this page.



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  1. 1)

    This example returns the present value of an investment that pays Rs. 250 at the end of every month for 2 years. The money paid out will earn 7.5% annually.


    • A) PV (7.5%/12, 2*12, 250, 1)
    • B) PV (7.5%/12, 2*12, 250, 0)
    • C) PV (7.5%/12, 2, 250, 0)
    • D) PV (7.5%, 2*12, 250, 1)

  2. 2)

    The algebraic expression of the form ax^2+bx+c is called


    • A) monomial
    • B) binomial
    • C) quadratic equation
    • D) trinomial

  3. 3)

    Linear equation: x − y = 0 has the solution only if


    • A) x > y
    • B) x < y
    • C) x = y
    • D) x ≠ y

  4. 4)

    Which of the following is linear equation


    • A) 2x-3y=-6
    • B) x+x+x
    • C) 520x²y²
    • D) y^2 -3=0

  5. 5)

    If you invest some amount at an interest rate of 8%, then at the end of 9 years. What will be the value of Accumulation Factor?


    • A) 12.736
    • B) 12.487
    • C) 12.965
    • D) 12.856

  6. 6)

    The break even point is a point when ----------------------


    • A) Revenue is greater than cost.
    • B) Revenue is less than cost.
    • C) Revenue is exactly equal to cost.
    • D) None of the above.

  7. 7)

    Given Old Sale price = $1.95 , Markdown rate =13.6% ,then $Mark down will be


    • A) $ 0.27
    • B) $ 0.72
    • C) $ 0.66
    • D) $ 0.92

  8. 8)

    The degree to which numerical data tend to spread about an average is called


    • A) The dispersion
    • B) Standard deviation
    • C) Correlation
    • D) None of these

  9. 9)

    If the values of variables are increasing or decreasing in the same direction then such kind of correlation is referred as


    • A) Zero Correlation
    • B) Perfect Correlation
    • C) Positive Correlation
    • D) Negative Correlation

  10. 10)

    Identity matrix is also a ……….. matrix


    • A) Square
    • B) triangular
    • C) Diagonal
    • D) Both (i)&(iii)