Math Applications Multiple Choice Questions 1 PDF Download

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Math multiple choice questions (MCQ) on refrigerator is priced at $10,000. deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then amount of deposit made is with options $2,150, $2,000, $1,950 and $1,600, hire purchase quiz for competitive exam prep, viva interview questions with answers key. Free math study guide to learn hire purchase quiz to attempt multiple choice questions based test.

MCQs on Math Applications Quiz PDF Download Worksheets 1

MCQ. A refrigerator is priced at $10,000. A deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then the amount of deposit made is

  1. $2,000
  2. $2,150
  3. $1,950
  4. $1,600

D

MCQ. In a city book store, 70% of books are classified as non-fiction and remainder as fiction. There are total 2400 more non-fiction books than fiction books. The owner wants to increase non-fiction books by 5% at an average cost of $22. The cost of new non-fiction books is

  1. $4,620
  2. $4,500
  3. $4,350
  4. $5,250

A

MCQ. The television is priced at $10,000. A deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then the monthly installment is

  1. $457
  2. $447
  3. $437
  4. $427

D

MCQ. If an article costs $350 with 6% GST then the price customer has to pay is

  1. $362
  2. $351
  3. $371
  4. $341

C

MCQ. The compound interest on $2500 for 5 years at 4% per annum (compounded annually) is

  1. $432
  2. $542
  3. $642
  4. $452

B