Skip to content
p.paperbanao.
Continue

Punjab (PTB) · Quarter book test · Free

1st Year Business Maths 1st Quarter Book Paper

40 marks · 1 hour · 28 questions. Covers: UNIT 1: Business Arithmetic, UNIT 2: Mathematics of Finance.

Your school name

1st Year Business Maths 1st Quarter Book Paper

1st Year · Business Maths · Punjab (PTB)

Name: ____________Roll No: ________Class/Section: ________Date: ________Total marks: 40Time: 1 hour

Q1. Multiple choice questions (Attempt all · 12 × 1 = 12)

  1. Compound interest for same principal, same rate and sama period is always:

    1. < simple interest

    3. > simple interest

  2. % of 400 is:

    1. 20

    2. 40

    3. 60

    4. 80

  3. Simple interest on Rs. 20000=@ 10% in 4 years is:

    1. 2000

    2. 4000

    3. 8000

    4. 16000

  4. 30% of 300 is:

    1. 80

    2. 90

    3. 70

    4. 60

  5. The formula for finding rate for simple interest is:

  6. 25% means:

  7. If amount 1000 is borrowed for five years and paid Rs. 1250 at the rate of:

    1. 5%

    2. 10%

    3. 7%

    4. 9%

  8. 5 out of 50 students failed, what is pass percentage?

    1. 80%

    2. 75%

    3. 90%

    4. 95%

  9. Simple interest "T" is:

    1. P(1+i)n

    2. Prt/(PIN)

    3. SRi

    4. P(r+1)n

  10. The ration between 80 and 640:

    1. 1:4

    2. 2:4

    3. 1:8

    4. 4:16

  11. Reverse of sum of an annuity is called:

    1. Amount

    2. Present value

    3. Annuity

    4. Perpetuity

  12. 1 kg : 700 grams is:

    1. 10:7

    2. 7:10

    3. 1:700

    4. 700:1

Q2. Short questions (Attempt any 8 of 12 · 8 × 2 = 16)

  1. Write any two types of annuity.

  2. Write formula of calculating discount rate.

  3. The interest on a loan of Rs. 840 for 9 months was 63. find the rate.

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

  5. Find the simple interest on Rs 2000 for one year at 10%.

  6. 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?

  7. Find the simple interest on Rs. 7000 invested for 3 years at the rate 11% annually.

  8. 5% of amount is 200, find the amount?

  9. Find compound amount when Rs 750 is invested for 8 years at 12% p.s.

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

  11. Find simple interest on Rs. 5000 for 10 years at 8% per annum.

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

Q3. Long questions (Attempt any 3 of 4 · 3 × 4 = 12)

  1. At what rate Rs. 5000 double itself in 4 years by simple interest.

  2. 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.

  3. Find the amount of an annuity of Rs. 1200 payable at the end of each year for 15 years at the rate of 8% compounded annually.

  4. 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.