Sample Questions For Practice

FYBFM-I
Busimess Mathematics
Sr.No Question Answer1 Answer2 Answer3 Answer4 Correct Answer
1 The greatest ratio out of 2:3, 5:4, 3:2 and 4:5 is? 4:05 3:02 5:04 2:03 Answer2
2 sum of the principal and interest is 1/4 1/5 1/2 4 Answer2
3 The ratio 5:20 expressed as percent equals to 20% 25% 10% 15% Answer2
4 What is 15 percent of 34 5.1 2.1 3.1 4.2 Answer1
5 Evaluate 28% of 450 + 45% of 280 152 252 352 452 Answer2
There are 25 boys and 25 girls in a class. The ratio of the number of boys to the
6 total number of students is 1/2 1/3 1/4 5 Answer1
7 The ratio 40 cm to 1 m is 2/5 1/3 1/4 5 Answer1
8 Which of the following ratios is equivalent to 2:3? 4:08 4:12 6:09 4:05 Answer3
9 The ratio of 25 minutes to 1 hour is 14:12 12:14 5:12 13:12 Answer3
10 The cost of 3 envelopes is Rs.15. The cost of 10 envelopes is Rs.20 Rs.2 Rs.50 Rs.200 Answer3

11 A person saved 13% of her income. If her savings were Rs2106, find her income. Rs 1000 Rs 1500 Rs 150 Rs. 16,200 Answer4

12 The marked price of a mixer is 2300 rupees. A customer purchased it for Rs. 1955 Rs.20 Rs.345 Rs.500 Rs.200 Answer4
13 The price at which an article is purchased is called as cost price selling price discount commission Answer1
14 (Cost price - selling) price is equal to discount market price profit loss Answer4
15 If S.P < C.P then there will be discount market price profit loss Answer4
A shopkeeper sold a pencil box for Rs.88 at a loss of Rs.12.Find the cost price of
16 a box ? Rs.20 Rs.345 Rs.500 Rs.100 Answer4
In order to clear the stocks or to increase sale, sometimes shopkeepers offer a
certain percent of rebate on the marked price for cash payments. This rebate is
17 known as the disccount profit loss commission Answer1
A manufacturer gives his agent 8% ordinary commission plus 2% del creader.
18 The agent sells goods worth Rs.48,000. find his total commission. Rs.480 Rs.4800 Rs.500 Rs.100 Answer2
A furniture shop made a table for a cost price of Rs.5000 and listed it at Rs.6600.
19 It was sold at a 10% discount. Find N.S.P. Rs.5940 Rs.4800 Rs.500 Rs.100 Answer1
compound
20 If the simple interest is charged only on tne principal, then it is called simple interest interest annuity due annuity Answer1
If the interest is peroodically added to the principle amount before calculating the compound
21 interest for the next period, then it is called as simple interest interest annuity due annuity Answer2
22 Present value of an amount is also called as discounted value annuity value life insurrance fire insurrance Answer1
The difference between the compound and simple interest on an amount P at r%
23 p.a. for one year is Rs. 1 0 2 3 Answer2
 more than the less than the equal to the independent of
24 The present value is always future value future value future value the future value Answer2

25 Which of the following terms is not used for the future value? discounted value sum due accumulated value amount Answer1
If the simple interest for 3 years on Rs. 10,000 is Rs. 1,890 then the rate of
26 interest is 12 3 9 6 Answer d

27 Present value is just another name for discounted value sum due accumulated value amount Answer1
28 Find simple interest on Rs. 1,000 for 2 years at 10% p.a. Rs. 100 Rs. 200 Rs. 300 Rs. 400 Answer2
compound
29 If P x n x i is simple interest interest annuity due annuity Answer1
compound
30 sum of the principal and interest is annuity amount interest interest Answer2
31 Find simple interest on Rs. 1,000 for 3 years at 5 % p.a. Rs. 100 Rs. 150 Rs. 300 Rs. 400 Answer2
compound
32 In case of compound interest calculations, it is easier to first calculate the annuity amount interest interest Answer2
33 If simple interest on Rs15,000 for 8 months at 8% p.a. is: Rs 1000 Rs 1500 Rs 150 Zero Answer1

a sequence of
payment made payments passed
annual payment at successive in the annual compound
34 An annuity is of interest time periods general meeting interest Answer2
equal to its par equal to its
35 If a share is available at par,then its market value is value face value Rs. 100 Rs. 10 Answer2
lower than its face equal to iits higher than its
36 If a share is available at a premium, then its market value is value face value face value Rs. 10 Answer3
lower than its face equal to iits higher than its
37 If a share is available at a discount, then its face value is value face value market value Rs. 10 Answer3
38 Par value and nominal value of a share are same different one zero Answer1
If share is available at par, then the difference between its market value and its
39 face value is one two three zero Answer4

40 If a share is available ata a premium, then its face value is less than its market value annuity value accumulated value amount Answer1
securities and systematic exit stock exchange
stock exchange exchange benchmark of board of
41 The full form of SEBI is bpard pf india board of india investment investment Answer2
The number of units of a mutual fund that can be puechased or redeemed is an integer or a an irrational
42 usually an integer only a fraction only fraction number Answer3
 An investment plan which allows an investor to invest a fixed sum of money at
43 regular intervals is called SIP NAV FSP DC Answer1

A mutual fund plan that puts back the dividend amount into the plan dividend dividend pull- dividend
44 automatically is called growth plan growth plan back plan reinvestment plan Answer4
45 A load is expressed as a percentage of the NAV of a shares mutual fund growth plan a fraction only Answer2
46 Loss / C.P. x 100 is loss profit discount commission Answer1
Mr. Karan bought a car for Rs. 4,00,000 and sold it for Rs. 3,50,000. find the gain
47 or loss. Rs.1000 Rs.50,000 Rs.10000 Rs.5000 Answer2
48 Find N.S.P., If C.P.=2000, Profit%=75 and Discount%=30. Rs.1000 Rs.3,500 Rs.10000 Rs.5000 Answer2
49 An agent who bringd together prospective buyer an seller and negotiates a deal cash discount commission Answer1
50 P(1+n i) is B D C A Answer4

If the nominal rate of interest is 9% per annum compounded quarterly, then the equal to the less than the greater than the the fourth root of
51 effective rate of interest per annum is nominal rate nominal rate nominal rate the nominal rate Answer3
Approx. at what rate of compound interest would an amount double itself in 4
52 years? 10% 19% 25% none of these Answer2
53 The compound interest in the 4th year @8% p.a. on Rs30,000 is: 3023.30 3000 3030 none of these Answer1
Egalitarian
54 An annuity in which all the payments are equal is called Equitable Annuiy Annuity Annuity Due Uniform Annuity Answer4
Limited Immediate
55 An annuiy in which the number of payments is fixed, is called Fixed Annuity Annuity Annuity Certain Annuity Answer3
Equitable Egalitarian
56 An annuity that is supposed to go on endlessly is called Perpetual Annuity Annuiy Annuity Annuity Due Answer1
The rate of dividend is calculated as the dividend amount per share expressed as a market value of face value of a investment per
57 percentage of share share share Annuity Due Answer2
A term that is not used for indicating the value of a share that is written on the
58 share certificate is par value nominal value face value market value Answer4
The shares for whom the dividend and the return of capital is paid before the
59 equity shareholders are called bonus shares priority shares preference shares premium shares Answer3
The shares for which the dividend and the return of capital is paid after paying the
60 preference shareholders are called equity shares bonus shares priority shares preference shares Answer1
The shares for which the dividend and the return of capital is paid after paying the
61 preference shareholders are not called bonus shares bonus shares priority shares preference shares Answer1

62 An SIP is used to invest a fixed sum of money at a bonus shares regular interval priority shares preference shares Answer2
63 The broker usually charges the brokerage as a percentage of the face value market value legal value par value Answer2
64 compounded half yearly for two years, then value of n is 2 3 4 5 Answer3
 The simple interest on a sum of money will amount to Rs. 2,904 in 4 years at 11%
65 p.a. simple interest. The sum is Rs. 5500 6000 6600 6800 Answer3
The simple interest on Rs. 20,000 from 5th may , 2007 to 17th September , 2007
66 at 8% p.a., then find n ( no.of days) 130 125 135 140 Answer3
67 Half percent , written as a decimal is 0.2 0.02 0.005 0.5 Answer3
68 If Gross profit – Commission is Net Price priority shares Profit Loss Answer1

69 In how many years will Rs. 6500 amount to Rs. 7865 at 7% p.a. simple interest? 2 3 4 5 Answer2

70 In how many years will sum of money be doubled at 25%p.a. simple interest? 2 3 4 5 Answer3
71 If the Sales Price is 672 and the profit is 5%, then the cost price should be 640 630 620 610 Answer1
An agent charged 7% commission on sales and thus earned Rs. 3,780. Find the
72 value of the sales. Rs.54,000 Rs.53,000 Rs.52,000 Rs.51,000 Answer1
A manufacturer gives his agent 8% ordinary commission plus 2% del creader.
73 The agent sells goods worth Rs.48,000. find total commission. Rs.4000 Rs.3,000 Rs.4,800 Rs.51,000 Answer3
74 Given C.P. Rs.500, Discount% = 30, Profit% = 75 , find net selling price. Rs.350 Rs.351 Rs.352 Rs.353 Answer1
If a fan with the list price of Rs. 3000 was sold at a 10% discount on the list price,
75 find the net selling price of the fan. Rs.4000 Rs.3,000 Rs.2,700 Rs.51,000 Answer3
76 A person brought two purces at Rs. 500 each, then total cost price is Rs.4000 Rs.3,000 Rs.1,000 Rs.5000 Answer3

77 An article sold for Rs. 2975at a 15% loss find the price at which it was bought. Rs.3500 Rs.3400 Rs.3100 Rs.3300 Answer1
An article sold for Rs. 312 and 20% profit was earned on it. Find the cost price at
78 which it was bought. Rs.250 Rs.260 Rs.240 Rs.2600 Answer2
Mr. roshan bought a car Rs.4,00,000 and sold it for Rs.3,50,000.Find the
79 percentage gain or loss. 12.50% 13.50% 12% 16% Answer1
A person monthly income increased from Rs.8,000 and Rs.8,560. find the
80 percentage increase. 5% 6% 7% 8% Answer3
81 (x+12),(x+4),(x+5) and (x-1) are in proportion find x 13 14 15 16 Answer4
82 If 8 chocolates cost Rs.108, how much would 13 chocolates cost? Rs.175.50 Rs.175.6 Rs.175.5555 Rs.175.98 Answer1
Find three positive numbers in the ratio 1:4:2 such that the sum of their sqaures is
83 equal to 1701. 8;2;14 9;36;18 4;4;4 35;14;90 Answer2
84 If 4 workers can make 3 tables in 6 days, then find value of constant. 8 9 10 11 Answer1

85 if 28 marbles are sold for Rs.126, what amount would be charged for 34 marbles? 150 152 153 154 Answer3
Find three positive numbers in thr ratio 3:5:2 such that the sum of their squares is
86 equal to 2432. 24,40,16 24,24,24, ,16,16,16 23,40,16 Answer1
What number must be added to each of the numbers 1,7 and 22 so that the
87 resulting numbers are in continue proportion ? 1 3 2 4 Answer2
88 Income - Expenditure is discount commission savings loss Answer3
89 Find the fourth proportional to 21,30 and 35 49 50 51 52 Answer2
What number must be added to each of the numbers 4,12 and 28 so that the
90 resulting numbers are in continue proportion ? 4 5 6 7 Answer1
91 If a = b, then the ratio a : b is called as the ratio as equality equality denominator numerator Answer1
92 One quantity a as a multiple or part of the other b is called proportion variation ratio discount Answer3
93 If the ratio 14 : 21, then the value of antecedent is 21 7 14 12 Answer3
94 If the ratio 16 : 22, then the value of consequent is 21 22 14 12 Answer2
If the presenrt value is Rs.10,000 and interest rate is 12% p.a. find the future
95 value after 2 months. Rs.10,100 Rs.10,200 Rs.10,300 Rs.10,400 Answer2
96 Find the simple interest after 4 years at 8% p.a. on a principal of Rs.9,600. Rs.3071 Rs.307 Rs.3072 Rs.3070 Answer3

97 In how many years will Rs.5300 gives Rs. 1113 as simple interest at 7% p.a.? 1 year 2 years 3years 4years Answer3
98 The place at which the shares are bought and sold is callred share market share city value broker Answer1
market
99 If no brokerage is involved then price paid is market price market share market discount commission Answer1
100 The selling of units by a unitsholder back to the mutual fund scheme. Redemption fund discount brokerage Answer1