Math Applications Multiple Choice Questions and Answers 1 PDF Book Download

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MCQ on Math Applications Worksheets 1 PDF Book 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