Top 150+ Solved Business Mathematics MCQ Questions Answer
Q. A sum of Rs. 4000 amounts to Rs. 4600 in 5 years at a certain rate of simple interest. Whatwould be the amount, if the rate of interest is increased by 3 %.
a. rs. 4900
b. rs. 5000
c. rs. 5200
d. rs. 5600
Q. Akhil borrowed a certain sum of money at the rate of 6%, 9% and 14% for a period of firsttwo years, next three years and beyond the period of five years respectively. If at the end of nineyears, he paid Rs. 8550 as interest, then find the sum of money he had borrowed.
a. rs. 9,000
b. rs.14,000
c. rs.15,000
d. rs.18,000
Q. r. Karan borrowed a certain amount at 6% per annum simple interest for 9 years. After 9years, he returned Rs. 8110/-. Find out the amount that he borrowed.
a. rs. 4,900
b. rs. 5,000
c. rs. 5,100
d. rs. 5266
Q. In how many years, Rs. 200 will produce the same interest @ 5 % as Rs. 900 produce in 2years @ 3 ½ %?
a. 6.3 years
b. 8.2 years
c. 9 years
d. 12 years
Q. Find the simple interest on Rs. 78000 at 15(2/5) % per annum for 9 months.
a. rs. 7804
b. rs. 8979
c. rs. 8046
d. rs. 9009
Q. Simple interest at x% for x years will come out to be Rs x on a sum of Rs?
a. x
b. 100/x
c. 100/x2
d. 100x
Q. What time will be taken by an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% perannum of simple interest?
a. 2 years
b. 1 years
c. 3 years
d. 4 years
Q. Operation research approach is
a. multi-disciplinary
b. artificial
c. intuitive
d. all of the above
Q. Operation research analysis does not
a. predict future operation
b. build more than one model
c. collect the relevant data
d. recommended decision and accept
Q. A constraint in an LP model restricts
a. value of the objective function
b. value of the decision variable
c. use of the available resourses
d. all of the above
Q. A feasible solution of LPP
a. must satisfy all the constraints simultaneously
b. need not satisfy all the constraints, only some of them
c. must be a corner point of the feasible region
d. all of the above
Q. Maximization of objective function in LPP means
a. value occurs at allowable set decision
b. highest value is chosen among allowable decision
c. none of the above
d. all of the above
Q. Alternative solution exist in a linear programming problem when
a. one of the constraint is redundant
b. objective function is parallel to one of the constraints
c. two constraints are parallel
d. all of the above