# Business Mathematics MCQs: Multiple Choice Questions and Answers (Quiz & Tests with Answer Keys)

### Summary

Business mathematics multiple choice questions has 607 MCQs. Business mathematics quiz questions and answers pdf, MCQs on applied mathematics, exponential and logarithmic functions, polynomial and quadratic functions, applications of linear function, linear equations, financial mathematics MCQs with answers, mathematical functions, matrix algebra, linear algebra, quadratic equations, computer solution methods, simplex method, system of linear equations, linear programming MCQs based quiz to practice exam prep tests.

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Introduction to applied mathematics quiz has 50 multiple choice questions. Exponential and logarithmic functions quiz has 74 multiple choice questions. Mathematical functions quiz has 28 multiple choice questions with answers. Linear equations quiz has 50 multiple choice questions. Applications of linear function quiz has 75 multiple choice questions. Linear programming quiz has 54 multiple choice questions.

Financial mathematics quiz has 33 multiple choice questions. Matrix algebra quiz has 86 multiple choice questions. Polynomial and quadratic functions quiz has 32 multiple choice questions. Simplex method in mathematics quiz has 110 multiple choice questions. System of linear equations quiz has 15 multiple choice questions.

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## Book Preview

### Business Mathematics MCQs - Arshad Iqbal

*Business Mathematics MCQs *

*Business Mathematics MCQs*

**Multiple Choice Questions and Answers (Quiz & Tests with Answer Keys) **

**By Arshad Iqbal **

**Table of Contents **

Chapter 1: **Exponential and Logarithmic Functions **

Chapter 2: **Introduction to Applied Mathematics **

Chapter 3: **Linear Equations **

Chapter 4: **Linear Function Applications **

Chapter 5: **Linear Programming: An Introduction **

Chapter 6: **Mathematical Functions **

Chapter 7: **Mathematics of Finance **

Chapter 8: **Matrix Algebra **

Chapter 9: **Quadratic and Polynomial Functions **

Chapter 10: **Simplex and Computer Solution Method **

Chapter 11: **Systems of Linear Equations **

*Chapter 1 *

*Chapter 1*

*Exponential and Logarithmic Functions *

*Exponential and Logarithmic Functions*

**MCQ 1: **The general form of algebraic function x⁵ multiply x¹ have solved form as

A. x⁴

B. 2x⁴

C. x⁶

D. 2x⁶

**MCQ 2: **The formula to calculate compound interest is

A. P = S(1+i)s

B. P = S(1+i)p

C. S = P(1+i)n

D. S = P(1+i)p

**MCQ 3: **In logarithm, the property of logb is equal to

A. zero

B. one

C. minus one

D. two

**MCQ 4: **In the exponential function class ƒ(x) = bx where 0 < b < 1, the greater rate of decrease in x is dependant on

A. smaller magnitude of base y

B. smaller magnitude of base x

C. smaller magnitude of base a

D. smaller magnitude of base b

**MCQ 5: **The algebraic property implies on (ab)⁰ and by solving it becomes

A. ab¹

B. 2

C. 1

D. 0

**MCQ 6: **The way of expression of logarithms is classified as

A. x = log(y)

B. y = log(x)

C. y = 10log(x)

D. x = log(xy)

**MCQ 7: **In the exponential function class ƒ(x) = bx where b > 1, the greater rate of increase in x is dependant on

A. large magnitude of base a

B. large magnitude of base y

C. large magnitude of base b

D. large magnitude of base x

**MCQ 8: **The log of 8000 as ln8000 is

A. 8.9872

B. 9.9872

C. 7.9872

D. 6.7892

**MCQ 9: **In the exponential function class ƒ(x) = bx where b > 1, the function between x and y is classified as

A. y is decreasing function of x

B. x is decreasing function of y

C. x is increasing function of y

D. y is increasing function of x

**MCQ 10: **The formula of doubling time of exponential growth is

A. t = ln2⁄k

B. ln2 = t⁄k

C. 2k = k⁄ln2

D. ln2t = k⁄2t

**MCQ 11: **The growth process which is characterized by constant decrease in percentage of values is referred as

A. exponential infinite process

B. exponential decay process

C. exponential growth process

D. exponential finite process

**MCQ 12: **The exponential function have conditions which are

A. b < 0 and b not equal to one

B. b > 0 and b not equal to one

C. b > 0 and b equal to zero

D. b > 0 and b not equal to two

**MCQ 13: **In the exponential function class ƒ(x) = bx where 0 < b < 1, the function between x and y is classified as

A. x is increasing function of y

B. y is decreasing function of x

C. y is increasing function of x

D. x is decreasing function of y

**MCQ 14: **The function which describes increase of 7% in country population is classified as

A. exponential function of growth

B. exponential function of decay

C. exponential function of decline

D. life function

**MCQ 15: **A function with the general form ƒ(x) = bx, the x is considered as

A. real constant

B. real number

C. variable

D. constant

**MCQ 16: **The general form of positive number with exponential power of real value bm multiply bn can be written as

A. 2bm-n

B. bm+n

C. bm-n

D. 2bm+n

**MCQ 17: **In the exponential growth and decay processes, the effect of increase and decrease in dependant variable is

A. constant

B. variable

C. compound

D. principal

**MCQ 18: **The algebraic property for the positive numbers g and h is g⁴h⁴ have solved form as

A. gh⁴

B. 4gh⁴

C. gh¹⁶

D. 16gh⁴

**MCQ 19: **The function which describes increase of 3% in child death rate is classified as

A. exponential function of decline

B. life function

C. exponential function of growth

D. exponential decay function

**MCQ 20: **In the exponential function class ƒ(x) = bx where b > 1, the range is set of

A. positive variables

B. negative variables

C. positive real numbers

D. negative real numbers

**MCQ 21: **The algebraic property for the positive numbers 3 and 2 is 3²² have solved form

A. 4⁶

B. 6⁴

C. 2⁶

D. 6²

**MCQ 22: **The formula S = P(1+i⁄m)int is used to calculate

A. constant compounding

B. variable compounding

C. continuous compounding

D. interest compounding

**MCQ 23: **The logarithms type which uses value of e as base are classified as

A. natural logarithms

B. artificial logarithms

C. constant logarithms

D. base logarithms

**MCQ 24: **The algebraic form with general form as (y-3)2 have solved form as

A. −6y³

B. 6y²

C. y-6

D. y⁶

**MCQ 25: **In the graph of exponential function class ƒ(x) = bx where 0 < b < 1, the value of x approaches

A. smaller infinity

B. real infinity

C. negative infinity

D. positive infinity

**MCQ 26: **In the exponential function with general form y = ƒ(x) = aemx, the value e is

A. 0.3182

B. 2.71828

C. 3.71828

D. 3.1428

**MCQ 27: **The log of logu⁄v can be solved in form of

A. logu+logv

B. logu-logv

C. loguv+v

D. loguv+u

**MCQ 28: **The formula of exponential growth process of population is

A. T = Vevt

B. V = Vekt

C. VT = Vevt

D. V = Veit

**MCQ 29: **The general form of algebraic function a³ multiply a⁵ have solved form as

A. a⁸

B. 2a⁸

C. a²

D. 2a²

**MCQ 30: **The algebraic property for 4000⁰ have the answer equals to

A. 4000

B. 1

C.