MTH302 Midterm Solved MCQs With Reference by Wajid Malik 1
MTH302 Midterm Solved MCQs With Reference by Wajid Malik 1
Spring 2010
MTH302- Business Mathematics & Statistics (Session - 3)
Ref No: 1503551
Time: 60 min
► 27 %
► 28 %
► 29 %
► 30 %
► Investment
► Exchange rate
► Cash discount
► Unearned discount
► Rs. 3229.70
► 3692.79
► 2385.45
► 3504.55
0.20% = ------------
► 0.2
► 0.02
► 0.002
► 0.0002
►
►
►
► None of these
If a matrix has four column and 5 rows then its dimensions are
►
►
►
►
Which of the following formulas is the correct formula for calculating selling price
► 33.33%
► 25%
► 20%
► 10%
Given FC = Rs.5000 ,CM= Rs. 30 ,VC= Rs. 150 , Capacity = 320units then BEP in units =
► 4500 units
► 167 units
► 33 units
► 16 units
► Monomial
► Binomial
► Trinomial
► Linear
If there is a change of -30% in the price of an item, what does the negative sign show?
► The price is decreasing.
► The price has low rate of change.
► None of the above.
► The price is increasing.
What shall be contribution margin if sale price is Rs.50 and variable cost is
Rs.30?
► Rs.80
► Rs.20
► Rs.30
► none of these
► None of these
The price of a sandwich maker is Rs 2000. The company offers a 25% trade discount. Find trade
discount amount.
Solution
=Rs.500/
A firm sells its new product at Rs. 65 per unit. If the variable cost is Rs 40, find the
contribution margin.
Solution
Solution
Ratio x to y 5:4
Sale of Product x Rs.200,000
Sale of product of y =200,000 * 4/5
=Rs.160, 000
A company sells its item at Rs. 125 per unit. If the variable cost is Rs 80, find the
contribution rate.
Solution
=36%
Ahmed buys 10 apples for $1. At what price should he sell a dozen apples if he wishes to make a
profit of 25%?
Solution
=$1.5
Solution