# 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

- $2,000
- $2,150
- $1,950
- $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

- $4,620
- $4,500
- $4,350
- $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

- $457
- $447
- $437
- $427

D

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

- $362
- $351
- $371
- $341

C

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

- $432
- $542
- $642
- $452

B