Math Applications Multiple Choice Questions and Answers 1 PDF Online Download

Practice math applications Multiple Choice Questions (MCQs), math applications quiz answers, test prep 1 to learn elementary school math for online certificate programs. Hire purchase MCQs, math applications quiz questions and answers for online learning. Learn hire purchase, percentage calculations, taxation, compound interest test prep for distance learning.

Learn math MCQs: 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 amount of deposit made is, with choices $2,150, $2,000, $1,950, and $1,600 for online learning. Free math study guide for online learning hire purchase quiz questions for online study.

Math Applications MCQs Quiz 1 PDF Online Download

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 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. owner wants to increase non-fiction books by 5% at an average cost of $22. cost of new non-fiction books is

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

A

MCQ: 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 monthly installment is

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

D

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

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

C

MCQ: Compound interest on $2500 for 5 years at 4% per annum (compounded annually) is

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

B