Basic Mathematics Quiz 2

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MCQs about Basic Business and Applied Mathematics for the preparation of Exams related to CA, CIMA, ICMAP, and MBA. MCQs cover many Business-related fields (such as Business Administration, Commerce, and chartered accountancy-related Institutes) in which the subject of Business Mathematics is taught. Let us start with the Basic Mathematics Quiz.

This quiz covers topics related to Business and Applied mathematics such as selling price, revenue, cost, profit, retail price, marked price, rates, ratio, and basic arithmetics, etc.

1. The marked price of a fan is £850, it is sold for £800. The percentage discount allowed is

 
 
 
 

2. If the selling price of an item is greater than its cost price, then we earn

 
 
 
 

3. A deduction that is offered on the MP or the list price of items by the seller to the purchaser is called

 
 
 
 

4. A trader sold a television for $1500. The price should he sell to get a profit of 20% is

 
 
 
 

5. During the sale, a shop offers a discount of 8% on the marked price. If the marked price is $5500, then the purchase price of an oven should be

 
 
 
 

6. (Cost Price – Selling Price ) is equal to

 
 
 
 

7. Sara and Ali earned a profit of $500,000 from a business and their ratio of investment was 5:8, respectively. The profit of each should be

 
 
 
 

8. (Cost price – Loss) is equal to

 
 
 
 

9. (Discount  ⁄  MP) $\times$ 100 is equal to

 
 
 
 

10. (Loss⁄Cost Price) $\times$ 100 is equal to

 
 
 
 

11. The price at which a particular item is purchased by a shopkeeper is known as

 
 
 
 

12. Marked price – sales price is equal to

 
 
 
 

13. If the sales price is 672 and the profit is 5%, then the cost price should be

 
 
 
 

14. The annual income of a person is £530,000 and the exempted amount is £280,000. The income tax payable at the rate of 0.75% would be

 
 
 
 

15. (Selling Price – Cost Price) is called

 
 
 
 

16. (Profit + cost) price is equal to

 
 
 
 

17. If the selling price is the selling price, the cost price is the cost price, we get a loss when

 
 
 
 

18. If the capital of partners is invested for the same length of time, the partnership is said to be
none of the above

 
 
 
 

19. (Profit  ⁄ Cost Price) $\times$ 100 is equal to

 
 
 
 

20. A phone was purchased for £4000 and sold for £4800. The profit percentage should be

 
 
 
 

Basic Mathematics Quiz

  • Sara and Ali earned a profit of $500,000 from a business and their ratio of investment was 5:8, respectively. The profit of each should be
  • (Cost Price – Selling Price ) is equal to
  • (Selling Price – Cost Price) is called
  • During the sale, a shop offers a discount of 8% on the marked price. If the marked price is $5500, then the purchase price of an oven should be
  • The price at which a particular item is purchased by a shopkeeper is known as
  • If the sales price is 672 and the profit is 5%, then the cost price should be
  • A trader sold a television for $1500. The price should he sell to get a profit of 20% is
  • If the selling price is the selling price, the cost price is the cost price, we get a loss when
  • A deduction that is offered on the MP or the list price of items by the seller to the purchaser is called
  • A phone was purchased for £4000 and sold for £4800. The profit percentage should be
  • Marked price – sales price is equal to
  • (Profit  ⁄ Cost Price) $\times$ 100 is equal to
  • If the capital of partners is invested for the same length of time, the partnership is said to be none of the above
  • (Cost price – Loss) is equal to
  • The marked price of a fan is £850, it is sold for £800. The percentage discount allowed is
  • (Discount  ⁄  MP) $\times$ 100 is equal to
  • (Loss⁄Cost Price) $\times$ 100 is equal to
  • If the selling price of an item is greater than its cost price, then we earn
  • (Profit + cost) price is equal to
  • The annual income of a person is £530,000 and the exempted amount is £280,000. The income tax payable at the rate of 0.75% would be
Basic Mathematics Quiz

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Important MCQs Microsoft Word 7

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The quiz MCQs Microsoft Word will be helpful for the preparation of computer-related exams especially job-related posts such as data entry operator, Computer operator, and assistant. Let us start with MCQs Microsoft Word Quiz.

Please go to Important MCQs Microsoft Word 7 to view the test


Microsoft Word is a word-processing application. MS Word is a part of the popular MS Office Package. In this series of quizzes related to the word processor, you will find a good collection of Multiple Choice Questions (MCQs) to test your knowledge of MS Word with answers. Most of the questions apply to all versions of MS Word (such as 97-2003, 2007, 2010, XP, 2013, 2016, etc.). Note that sometimes these questions are considered as part of the general knowledge section of basic computer awareness and computer operation section.

application software MCQs Microsoft Word

It is very important to know the basic knowledge of MS Word for the Test Preparation of FPSC, NTS, KPPSC, PPSC, SPSC, and other tests or examinations.

MCQs Microsoft Word

  • From which menu you can insert the Header and Footer?
  • In Microsoft Word shortcut key CTRL + W is used for
  • MS Office provides help in many ways, which of these is one of them?
  • Which of the following line spacing is invalid?
  • In MS Word to move the insertion point to the beginning of the next word command used is
  • To change the line height to 1.5 we use the shortcut key :
  • Selecting text means, selecting?
  • What is the maximum number of lines you can set for lines to drop box?
  • If you will be displaying or printing your document on another computer, you’ll want to make sure and select the _________ option under the ‘Save’ tab.
  • We can remove/hide the border of a shape by selecting _______.
  • The minimum number of rows and columns a word table can have is
  • What is the place to the left of the horizontal scroll bar?
  • If you need to change the typeface of a document, which menu will you choose?
  • Pressing the F8 key three times selects
  • What is the default number of lines to drop for the drop cap?
  • Which option in the File pull-down menu is used to close a file in MS Word?
  • In which grouping, the formatting of text is done in Word?
  • Microsoft Word is an example of a/ an
  • A Word 97-2003 document will be saved in which extension
  • If we press the F7 in a Word file, it will __________.

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What is Rounding off?

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Introduction to Rounding Off

The concept and term “rounding off” is the process of simplifying a number by bringing the number closer to the next number and keeping its value.

In most of the everyday situations, we do not need to use highly sensitive measuring devices (instruments). the accuracy of our measurement depends on the purpose for which we use the information.

Rounding off Examples

Example: Suppose someone uses a compass as a guide in going from one end of the school to the other. It would not be a serious error if he/ she is 1o of course. However, 1o of course on a journey to the moon will mean an error of 644000 km.

Besides the error arising from the use of different instruments/ devices, the person taking the measurement is another source of error. For example, in school/ college athletics meets, there are usually two or more time-keepers for the first placing of a (say) 100-meter race, and time-keepers may have slightly different times on their devices (such as sports watch). Therefore, all physical measurements such as mass, length, time, volume, and area can never be accurate. The accuracy depends on the degree of the measuring device (instrument) and the person recording (taking) the measurement. Both of them can never be accurate.

Rules for Rounding off Numbers

Rule 1: Determine what your rounding digit is and look at the digit to the right of it. If the number is 1, 2, 3, or 4, simply drop all digits to the right of the rounding digit. For example,

5.432 may be rounded off to 5.42 nearest to the hundredth place.
5.432 may be rounded off to 5.4 nearest to the tenth place.
5.432 may be rounded off to 5 nearest to the unit’s place.

Rule 2: Determine what your rounding digit is and look at the digit to the right of it. If the number is 5, 6, 7, 8, or 9 add one to the rounding digit and drop all digits to the right of the rounding digits. For example,

3.786 may be rounded off to 3.79 nearest to the hundredth place.
3.786 may be rounded off to 3.8 nearest to the tenth place.
3.876 may be rounded off to 3.9 nearest to the unit place.

Rules for Rounding Off Numbers

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Number System: Complete Guide

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Introduction to Number System

In early civilizations, the number of animals (sheep, goats, camels, etc.) or children people had was tracked by using different methods such as people matching the number of animals with the number of stones. Similarly, they count the number of children with the number of notches tied on a string or marks on a piece of wood, leather, or wall. With the development of humans, other uses for numerals were found and this led to the invention of the number system.

Commonly used Number System

The commonly used number system is the decimal positional numeral system. The decimal refers to 10 symbols: $0, 1, 2, 3, 4, 5, 6, 7, 8, 9$ to construct all numbers.

Number System: Real Number Line

Natural Numbers

Natural numbers are used to count the number of subjects or objects. Natural numbers are also called counting numbers. The numbers $1, 2, 3, \cdots$ are all natural numbers.

Whole Numbers

The numbers $0, 1, 2, \cdots$ are called whole numbers. It can be observed that whole numbers except $0$ are natural numbers.

Number Line

Whole numbers can be represented by points on a line called the number line. For this purpose, a straight line is drawn and a point is chosen on the line and labeled as $0$. Starting with $0$, mark off equal intervals of any suitable length. Marked points are labeled as $1, 2, \cdots$ as shown in Figure below. The figure below represents real numbers since it includes the negative number (numbers on the left of $0$ in this diagram are called negative numbers).

The arrow on the extreme (right-hand side in case of while numbers or negative numbers) indicates that the list of numbers continues in the same way indefinitely.

A whole number can be even or odd. An even number is a number that can be divided by 2 without leaving any remainder. The numbers $0, 2, 4, 6, 8, \cdots$ are all even numbers. An odd number is a number which cannot be divided by 2 without leaving any remainder. The numbers $1, 3, 5, 7, 9, \cdots$ are all odd.

It is interesting to know that any two numbers can be added in any order and it will not affect the results. For example, $3+5 = 5+3$. This is called the commutative law of addition. Similarly, the order of grouping the numbers does not affect the result. For example, $2+3+5=(2+3)+5 = 2+ (3+5)=(2+5)+3$. This is called the associative law of addition. The subtraction and division of numbers are not commutative as $5-7\ne7-5$ and $6\div2 \ne 2\div 6$ in general.

Like addition and multiplication, whole numbers also follow commutative law and it is called commutative law of multiplication, for example, $2\times 8 = 8 \times 2$. Like addition and multiplication, whole numbers also follow the associative law of multiplications. For example, $2 \times (3 \times 4) = (2 \times 3) \times 4 =  (2 \times 4)\times 3$. Similarly, multiplication is distributive over addition and subtraction, for example, (i) $5\times (6 + 7) = (5 \times 6) + (5 \times 7)$ or $(6+7) \times 5=(6 \times 5)+(7 \times 5)$. (ii) $3 \times (6-2) = (3 \times 6) – (3 \times 2)$ or $(6-2) \times 3 = (6 \times 3) – (2 \times 3)$.

Take any two-digit number say 57, and reverse the digits to obtain 75. Now subtract the smaller number from the bigger number, we have $75-57=18$. Now reverse the digits of 18 and add 18 to its reverse (81), that is, $18+81$, and you will get 99.

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