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Punjab (PTB) · Chapter test · Free

1st Year Business Maths Chapter 1 TestUNIT 1: Business Arithmetic

30 marks · 40 minutes · 21 questions. Covers: UNIT 1: Business Arithmetic.

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1st Year Business Maths Chapter 1 Test

1st Year · Business Maths · Punjab (PTB)

Name: ____________Roll No: ________Class/Section: ________Date: ________Total marks: 30Time: 40 minutes

Q1. Multiple choice questions (Attempt all · 10 × 1 = 10)

  1. % of 400 is:

    1. 20

    2. 40

    3. 60

    4. 80

  2. 30% of 300 is:

    1. 80

    2. 90

    3. 70

    4. 60

  3. 25% means:

  4. 5 out of 50 students failed, what is pass percentage?

    1. 80%

    2. 75%

    3. 90%

    4. 95%

  5. The ration between 80 and 640:

    1. 1:4

    2. 2:4

    3. 1:8

    4. 4:16

  6. 1 kg : 700 grams is:

    1. 10:7

    2. 7:10

    3. 1:700

    4. 700:1

  7. The ratio between 7.5 kg and 3.5 kg is:

    1. 7:15

    2. 7 to 15

    3. 7:25

    4. None

  8. 20% of 1250 is:

    1. 25

    2. 250

    3. 2500

    4. 625

  9. Number of types of discount are:

    1. Four

    2. Three

    3. Two

    4. One

  10. What percent Rs. 30 is of 300:

    1. 20%

    2. 10%

    3. 5%

    4. 2%

Q2. Short questions (Attempt any 6 of 8 · 6 × 2 = 12)

  1. Write formula of calculating discount rate.

  2. Brokerage paid on RS. 3500 was Rs. 175, the rate of brokerage is?

  3. A man bought a second hand motor car for Rs. 160000 and sold it for Rs. 165000 how much profit or loss did he make?

  4. 5% of amount is 200, find the amount?

  5. Find the ration between one hour and 30 seconds.

  6. If x:4 :: 9:12. Find the value of x.

  7. Aslam bought a cycle fro rs. 15500 and sold it for Rs. 16740. what will be profit or loss in percentage?

  8. Define mark-up.

Q3. Long questions (Attempt any 2 of 3 · 2 × 4 = 8)

  1. A manufacturer offered  commission to an agent to sale his old stock. The agent received Rs 15000 as commission. Find the amount received by the manufacturer.

  2. Three partners invested Rs. 18000, Rs,16500 and Rs, 12500 respectively. If the third partner got Rs. 4625 as profit what was: (i) The total profit  (ii) Profit of 1st and 2nd partners.

  3. A watch was sold for Rs. 850 on  loss. Find cost price of the watch.