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Thread: MTH302- Business Mathematics & Statistics mid term paper 2011

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    Icon51 MTH302- Business Mathematics & Statistics mid term paper 2011

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    If a profit ratio of A and B is 2 to 3, then As share in profit will be


    ► 2/5

    ► 2/3

    ► 3/2

    ► 3/5



    Question No: 2 ( Marks: 1 ) - Please choose one


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

    ► Sale price


    ► Revenue discount


    ► Selling price

    ► Cost price



    Question No: 3 ( Marks: 1 ) - Please choose one


    Monthly installments of a leased car are calculated by using the techniques of:

    ► Simple interest method


    ► Compound interest method


    ► Annuity

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    ► Hit & trial method



    Question No: 4 ( Marks: 1 ) - Please choose one



    3x2 + 5x 7 is --------------- expression.


    ► Monomial

    ► Binomial

    ► Trinomial

    ► Linear



    Question No: 5 ( Marks: 1 ) - Please choose one


    Witch of the following percent is Conveyance Allowance of the basic salary?

    ► 2.5%

    ► 45%

    ► 5%

    ► None of these



    Question No: 6 ( Marks: 1 ) - Please choose one


    0^1=?

    ► 0

    ► 1

    ► undefined

    ► infinity



    Question No: 7 ( Marks: 1 ) - Please choose one


    If an asset is purchased at Rs 3000 on the date 6/29/2008 and the first depreication period ends on 11/29/2008, where salvage value is 300 and period is taken as 1 on 20% interest rate where basis =1, then which of the following function Returns the depreciation for given accounting period


    ► =AMORLINC(3000, 6/29/2008, 11/29/2008, 300, 1*12, 20%, 1)

    ► =AMORLINC(3000, 6/29/2008, 11/29/2008, 300, 1, 20% / 12 , 1)

    ► =AMORLINC(3000, 6/29/2008, 11/29/2008, 300, 1, 20%, 1)

    ► =AMORLINC(3000, 6/29/2008, 11/29/2008, 300, 1*12 , 20%/12, 1)

    ► None of these



    Question No: 8 ( Marks: 1 ) - Please choose one


    To add numbers based on one condition we use

    ► DSUM function.


    ► AVERAGE function.


    ► SUMIF function .

    ► all functions given in above choices .
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