55 + Mcqs in Business Mathematics Page 1 McqOptions

1.	In a library, the ratio of number of story books to that of non-story books was 4:3 and totalnumber of story books was 1248. When some more story books were bought, the ratio became5:3. Find the number of story books bought.
A.	312
B.	321
C.	936
D.	1560
Answer» B. 321

Discussion

2.	Price of each article of type P, Q, and R is Rs. 300, Rs. 180 and Rs. 120 respectively. Sureshbuys articles of each type in the ratio 3:2:3 in Rs. 6480. How many articles of type Q did hepurchase?
A.	8
B.	14
C.	20
D.	none of the above
Answer» B. 14

Discussion

3.	In how many years, Rs. 200 will produce the same interest @ 5 % as Rs. 900 produce in 2 years @ 3 %?
A.	6.3 years
B.	8.2 years
C.	9 years
D.	12 years
Answer» B. 8.2 years

Discussion

4.	What is the minimum number of years upon which SI on Rs 2600 at 6.67% interest rate will be in whole number?
A.	2
B.	6
C.	3
D.	4
Answer» D. 4

Discussion

5.	It was intended that Rs. 585 be divided among P, Q and R in the ratio of 4 : 3 : 2, but bymistake the distribution was made in the proportion of 1/4 : 1/3 : 1/2. How much does 'R' gain bythe error?
A.	rs. 99
B.	rs. 126
C.	rs. 140
D.	rs. 152
Answer» D. rs. 152

Discussion

6.	285 is summation of 3 numbers. Ratio between 2nd and 3rd numbers is 6:5. Ratio between1st and 2nd numbers is 3:7. The 3rd number is?
A.	135
B.	150
C.	124
D.	105
Answer» E.

Discussion

7.	By giving Rs. 50 to M, A would have the amount equal to what M had earlier. If the sum ofthe amounts with A and M is Rs. 650. What is the ratio of the amount with A to that with Mearlier?
A.	7 : 4
B.	5 : 3
C.	2 : 1
D.	7 : 6
Answer» E.

Discussion

8.	While plotting constraints on a graph paper, terminal points on both the axes are connected by a straight line because
A.	the resources are limited in supply
B.	the objective function as a linear function
C.	the constraints are linear equations or inequalities
D.	all of the above
Answer» E.

Discussion

9.	Who defined OR as scientific method of providing execuitive departments with a quantitative basis for decisions regarding the operations under their control?
A.	morse and kimball (1946)
B.	p.m.s. blackett (1948)
C.	e.l. arnoff and m.j. netzorg
D.	none of the above
Answer» B. p.m.s. blackett (1948)

Discussion

10.	Operations research is the application of ____________methods to arrive at the optimal Solutions to the problems.
A.	economical
B.	scientific
C.	a and b both
D.	artistic
Answer» C. a and b both

Discussion

11.	When total supply is equal to total demand in a transportation problem, the problem is said to be
A.	balanced
B.	unbalanced
C.	degenerate
D.	none of the above
Answer» B. unbalanced

Discussion

12.	Which of the following methods is used to verify the optimality of the current solution of the transportation problem
A.	least cost method
B.	vogel s approximation method
C.	modified distribution method
D.	all of the above
Answer» B. vogel s approximation method

Discussion

13.	The large negative opportunity cost value in an unused cell in a transportation table is chosen to improve the current solution because
A.	it represents per unit cost reduction
B.	it represents per unit cost improvement
C.	it ensure no rim requirement violation
D.	none of the above
Answer» B. it represents per unit cost improvement

Discussion

14.	One disadvantage of using North-West Corner rule to find initial solution to the transportation problem is that
A.	it is complicated to use
B.	it does not take into account cost of transportation
C.	it leads to a degenerate initial solution
D.	all of the above
Answer» C. it leads to a degenerate initial solution

Discussion

15.	The solution to a transportation problem with m rows (supplies) & n columns (destination) is feasible if number of positive allocations are
A.	m+n
B.	m*n
C.	m+n-1
D.	m+n+1
Answer» D. m+n+1

Discussion

16.	The smallest quantity is chosen at the corners of the closed path with negative sign to be assigned at unused cell because
A.	it improve the total cost
B.	it does not disturb rim conditions
C.	it ensure feasible solution
D.	all of the above
Answer» D. all of the above

Discussion

17.	An alternative optimal solution to a minimization transportation problem exists whenever opportunity cost corresponding to unused route of transportation is:
A.	positive & greater than zero
B.	positive with at least one equal to zero
C.	negative with at least one equal to zero
D.	none of the above
Answer» C. negative with at least one equal to zero

Discussion

18.	A cheater manipulated his weighing machine so that it shows 1kg for 970 grams. How much profit does he get?
A.	397/100%
B.	0.3 %
C.	0.03%
D.	300/97%
Answer» E.

Discussion

19.	If the value of the objective function can be increased or decreased indefinitely, such solution is called
A.	bounded solution
B.	unbounded solution
C.	solution
D.	none of the above
Answer» C. solution

Discussion

20.	The objective function for a L.P model is 3 1 + 2 2, if 1 = 20 and 2 = 30, what is the value of the objective function?
A.	0
B.	50
C.	60
D.	120
Answer» E.

Discussion

21.	For the constraint of a linear optimizing function z=x1+x2 given by x1+x2 1, 3x1+x2 3 and x1, x2 0
A.	there are two feasible regions
B.	there are infinite feasible regions
C.	there is no feasible region
D.	none of these
Answer» D. none of these

Discussion

22.	Aman got a salary of Rs. 8600. The salary was invested by him in two parts. Find thedifference between the two parts of his salary, if in first part he got some simple interest at 15%per annum in 4 years, which was same as the second part which he invested at 20% for 3 years.
A.	rs. 0
B.	rs. 2400
C.	rs. 100
D.	rs. 4500
Answer» B. rs. 2400

Discussion

23.	Rohit got profit of 11 % by selling his old car. However he realized that had he sold it for Rs. 8100 more, his profit would be 38.5%. At what price did he buy the car?
A.	rs. 44500
B.	rs. 55000
C.	rs. 41000
D.	rs. 30000
Answer» E.

Discussion

24.	Ramesh s salary was reduced by 10% and then the reduced salary was increased by 10%. What was his ultimate loss?
A.	0%
B.	10%
C.	1%
D.	5%
Answer» D. 5%

Discussion

25.	P, Q, R subscribe Rs. 50,000 for a business. P subscribes Rs. 4000 more than Q and Q Rs. 5000 more than R. Out of a total profit of Rs. 25,000, what will be P's share?
A.	rs. 8400
B.	rs. 10,500
C.	rs. 13,600
D.	rs. 14,700
Answer» C. rs. 13,600

Discussion

26.	Ramesh gets a profit of 20% in one trade and suffers a loss of 20% in the second when he sells 2 cycles for Rs. 4000 each. What is his profit or loss in the entire trade?
A.	loss = 4%
B.	loss = 16%
C.	profit = 16%
D.	profit = 4%
Answer» B. loss = 16%

Discussion

27.	Uma wants to gain 15% profit on her sale of sugar. She buys 120 kg of sugar at Rs. 24 per kg to mix with 180 kg of sugar bought at Rs. 28 per kg. She sells the sugar mix at .
A.	rs. 8159
B.	rs. 9108
C.	rs. 9756
D.	rs. 8564
Answer» B. rs. 9108

Discussion

28.	Ramesh sold a statue for a price 25% higher than the original price of the statue. He had however bought the statue at 20% discount on the original price. With the profit of Rs. 2025, find the original price of the statue.
A.	rs. 6000
B.	rs. 7500
C.	rs. 3500
D.	rs. 4500
Answer» C. rs. 3500

Discussion

29.	Guddi invested some money in a bank at rate of 6% per annum. At simple interest, after 9 years, she got Rs. 8470. How much did she invest?
A.	rs. 5250
B.	rs. 6550
C.	rs. 6400
D.	rs. 5500
Answer» E.

Discussion

30.	An amount becomes 7 times in 15 years. In how many years will the same amount become 10 times? The rate of interest remains the same for both cases.
A.	20 years
B.	18.75 years
C.	22.50 years
D.	21.50 years
Answer» D. 21.50 years

Discussion

31.	A sum of Rs. 4000 amounts to Rs. 4600 in 5 years at a certain rate of simple interest. What would be the amount, if the rate of interest is increased by 3 %.
A.	rs. 4900
B.	rs. 5000
C.	rs. 5200
D.	rs. 5600
Answer» D. rs. 5600

Discussion

32.	A sum becomes Rs. 3000 at the rate of 12% per annum (simple interest). The same sumbecomes Rs. 3300 at the rate of 15% per annum (simple interest) in the same duration. Find thesum and the duration.
A.	rs. 2000 and 20 years
B.	rs. 1900 and 8.25 years
C.	rs. 1500 and 7 years
D.	rs. 1800 and 5.5 years
Answer» E.

Discussion

33.	Anil purchased 30 kg of wheat at the rate of Rs. 22 per kg and 20 kg of wheat at the rate ofRs. 24 per kg. He mixed the two. Approximately at what rate per kg should he sell the mixture tomake 25% profit?
A.	rs. 25
B.	rs. 28
C.	rs. 30
D.	rs. 32.5
Answer» C. rs. 30

Discussion

34.	How much should be the annual installment to completely pay off a debt of Rs. 1078 in 6 years at 9% per annum rate of interest?
A.	rs.146.35
B.	rs.156.25
C.	rs.126.55
D.	rs.118.35
Answer» B. rs.156.25

Discussion

35.	r. Karan borrowed a certain amount at 6% per annum simple interest for 9 years. After 9 years, 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
Answer» E.

Discussion

36.	Rs. 20400 was divided in two parts and then invested. One part invested at 6.25% for 8 yearsyields the same interest as the other part invested at 7% for 5 years. What is the value of smallerpart?
A.	9600
B.	8400
C.	10100
D.	6500
Answer» C. 10100

Discussion

37.	A man got Rs. 130 less, as simple interest, when he invested Rs. 2000 for 4 years as compared to investing Rs. 2250 for same duration. What is the rate of interest?
A.	12%
B.	13%
C.	12.5%
D.	10.50%
Answer» C. 12.5%

Discussion

38.	In 4 years the simple interest on certain sum of money is 9/25 of the principal. The annual rate of interest is
A.	4%
B.	4(1/2)%
C.	9%
D.	10%
Answer» D. 10%

Discussion

39.	By purchasing an article at 20 % discount on the original price and then selling it at a price of25% above the original price, a trader earns Rs. 200 as the profit. What was the original price ofthe article?
A.	rs. 444.44
B.	rs. 255.50
C.	rs. 100.10
D.	rs. 810
Answer» B. rs. 255.50

Discussion

40.	Ajay incurred loss of 20% by selling a vase for Rs. 2880. To get a profit of 20% at what price should he sell the vase?
A.	rs. 4320
B.	rs. 5760
C.	rs. 1440
D.	rs. 3500
Answer» B. rs. 5760

Discussion

41.	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
Answer» B. rs.14,000

Discussion

42.	Raman paid Rs. 11400 as interest after 9 years. He had borrowed some money at rate of 6%for first two years, 9% for next three years and 14% for rest of the period. How much money didhe borrow?
A.	rs. 10000
B.	rs. 15000
C.	rs. 12000
D.	rs. 12500
Answer» D. rs. 12500

Discussion

43.	1/5 part of an amount was given at 3% simple interest, 1/3 part was given at 5% simpleinterest, 2/5 parts at 9% simple interest and remaining part at 11% simple interest. The totalinterest received was Rs.297. How much amount was originally given?
A.	4500
B.	5500
C.	3950
D.	4200
Answer» B. 5500

Discussion

44.	If simple interest for 2 years for a sum is Rs. 600 and compound interest for the same sum for 2 years and same rate of interest is Rs. 645, what will be the rate of interest?
A.	10%
B.	15%
C.	30%
D.	5%
Answer» C. 30%

Discussion

45.	Find the principal which yields a simple interest of Rs. 20 and compound interest of Rs. 21 in two years, at the same percent rate per annum?
A.	rs. 520
B.	rs. 480
C.	rs. 420
D.	rs. 200
Answer» E.

Discussion

46.	certain sum earns simple interest of Rs. 800 in 2 years at a certain rate of interest. If the samesum earns compound interest of Rs. 845 in the same period of 2 years, What must be the rate ofinterest?
A.	5% p.a.
B.	7.5% p.a.
C.	10% p.a.
D.	12.5% p.a.
Answer» B. 7.5% p.a.

Discussion

47.	What time will be taken by an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% per annum of simple interest?
A.	2 years
B.	1 years
C.	3 years
D.	4 years
Answer» B. 1 years

Discussion

48.	Sagar purchased 10 kg of rice at the rate of Rs. 15 per kg and 25 kg of rice at the rate Rs.14 per kg. He mixed the two and sold the mixture. Approximately at what rate per kg should hesell the mixture to make 40 % profit in the transaction?
A.	rs. 20.00
B.	rs. 19.50
C.	rs. 15
D.	rs. 17.5
Answer» B. rs. 19.50

Discussion

49.	Aman invests Rs. 8000 at some rate of interest. Being simple interest the money doubles in 5years. Raj sees this and invests Rs. 6250 for 3 years at same rate of interest. How much interestdoes Raj get?
A.	rs. 3750
B.	rs. 6250
C.	rs. 3125
D.	rs. 4250
Answer» B. rs. 6250

Discussion

50.	Virat buys an old car for Rs. 50000 and spends Rs. 4000 on its repairs. If he sells the scooter for Rs. 60000, his gain percent is:
A.	3 (4/7)
B.	11 (1/9) %
C.	12 (2/3) %
D.	12%
Answer» B. 11 (1/9) %

Discussion

Explore topic-wise MCQs in Bachelor of Business Administration in Computer Applications (BBA [CA]).

In a library, the ratio of number of story books to that of non-story books was 4:3 and totalnumber of story books was 1248. When some more story books were bought, the ratio became5:3. Find the number of story books bought.

Price of each article of type P, Q, and R is Rs. 300, Rs. 180 and Rs. 120 respectively. Sureshbuys articles of each type in the ratio 3:2:3 in Rs. 6480. How many articles of type Q did hepurchase?

In how many years, Rs. 200 will produce the same interest @ 5 % as Rs. 900 produce in 2 years @ 3 %?

What is the minimum number of years upon which SI on Rs 2600 at 6.67% interest rate will be in whole number?

It was intended that Rs. 585 be divided among P, Q and R in the ratio of 4 : 3 : 2, but bymistake the distribution was made in the proportion of 1/4 : 1/3 : 1/2. How much does 'R' gain bythe error?

285 is summation of 3 numbers. Ratio between 2nd and 3rd numbers is 6:5. Ratio between1st and 2nd numbers is 3:7. The 3rd number is?

By giving Rs. 50 to M, A would have the amount equal to what M had earlier. If the sum ofthe amounts with A and M is Rs. 650. What is the ratio of the amount with A to that with Mearlier?

While plotting constraints on a graph paper, terminal points on both the axes are connected by a straight line because

Who defined OR as scientific method of providing execuitive departments with a quantitative basis for decisions regarding the operations under their control?

Operations research is the application of ____________methods to arrive at the optimal Solutions to the problems.

When total supply is equal to total demand in a transportation problem, the problem is said to be

Which of the following methods is used to verify the optimality of the current solution of the transportation problem

The large negative opportunity cost value in an unused cell in a transportation table is chosen to improve the current solution because

One disadvantage of using North-West Corner rule to find initial solution to the transportation problem is that

The solution to a transportation problem with m rows (supplies) & n columns (destination) is feasible if number of positive allocations are

The smallest quantity is chosen at the corners of the closed path with negative sign to be assigned at unused cell because

An alternative optimal solution to a minimization transportation problem exists whenever opportunity cost corresponding to unused route of transportation is:

A cheater manipulated his weighing machine so that it shows 1kg for 970 grams. How much profit does he get?

If the value of the objective function can be increased or decreased indefinitely, such solution is called

The objective function for a L.P model is 3 1 + 2 2, if 1 = 20 and 2 = 30, what is the value of the objective function?

For the constraint of a linear optimizing function z=x1+x2 given by x1+x2 1, 3x1+x2 3 and x1, x2 0

Aman got a salary of Rs. 8600. The salary was invested by him in two parts. Find thedifference between the two parts of his salary, if in first part he got some simple interest at 15%per annum in 4 years, which was same as the second part which he invested at 20% for 3 years.

Rohit got profit of 11 % by selling his old car. However he realized that had he sold it for Rs. 8100 more, his profit would be 38.5%. At what price did he buy the car?

Ramesh s salary was reduced by 10% and then the reduced salary was increased by 10%. What was his ultimate loss?

P, Q, R subscribe Rs. 50,000 for a business. P subscribes Rs. 4000 more than Q and Q Rs. 5000 more than R. Out of a total profit of Rs. 25,000, what will be P's share?

Ramesh gets a profit of 20% in one trade and suffers a loss of 20% in the second when he sells 2 cycles for Rs. 4000 each. What is his profit or loss in the entire trade?

Uma wants to gain 15% profit on her sale of sugar. She buys 120 kg of sugar at Rs. 24 per kg to mix with 180 kg of sugar bought at Rs. 28 per kg. She sells the sugar mix at .

Ramesh sold a statue for a price 25% higher than the original price of the statue. He had however bought the statue at 20% discount on the original price. With the profit of Rs. 2025, find the original price of the statue.

Guddi invested some money in a bank at rate of 6% per annum. At simple interest, after 9 years, she got Rs. 8470. How much did she invest?

An amount becomes 7 times in 15 years. In how many years will the same amount become 10 times? The rate of interest remains the same for both cases.

A sum of Rs. 4000 amounts to Rs. 4600 in 5 years at a certain rate of simple interest. What would be the amount, if the rate of interest is increased by 3 %.

A sum becomes Rs. 3000 at the rate of 12% per annum (simple interest). The same sumbecomes Rs. 3300 at the rate of 15% per annum (simple interest) in the same duration. Find thesum and the duration.

Anil purchased 30 kg of wheat at the rate of Rs. 22 per kg and 20 kg of wheat at the rate ofRs. 24 per kg. He mixed the two. Approximately at what rate per kg should he sell the mixture tomake 25% profit?

How much should be the annual installment to completely pay off a debt of Rs. 1078 in 6 years at 9% per annum rate of interest?

r. Karan borrowed a certain amount at 6% per annum simple interest for 9 years. After 9 years, he returned Rs. 8110/-. Find out the amount that he borrowed.

Rs. 20400 was divided in two parts and then invested. One part invested at 6.25% for 8 yearsyields the same interest as the other part invested at 7% for 5 years. What is the value of smallerpart?

A man got Rs. 130 less, as simple interest, when he invested Rs. 2000 for 4 years as compared to investing Rs. 2250 for same duration. What is the rate of interest?

In 4 years the simple interest on certain sum of money is 9/25 of the principal. The annual rate of interest is

By purchasing an article at 20 % discount on the original price and then selling it at a price of25% above the original price, a trader earns Rs. 200 as the profit. What was the original price ofthe article?

Ajay incurred loss of 20% by selling a vase for Rs. 2880. To get a profit of 20% at what price should he sell the vase?

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.

Raman paid Rs. 11400 as interest after 9 years. He had borrowed some money at rate of 6%for first two years, 9% for next three years and 14% for rest of the period. How much money didhe borrow?

1/5 part of an amount was given at 3% simple interest, 1/3 part was given at 5% simpleinterest, 2/5 parts at 9% simple interest and remaining part at 11% simple interest. The totalinterest received was Rs.297. How much amount was originally given?

If simple interest for 2 years for a sum is Rs. 600 and compound interest for the same sum for 2 years and same rate of interest is Rs. 645, what will be the rate of interest?

Find the principal which yields a simple interest of Rs. 20 and compound interest of Rs. 21 in two years, at the same percent rate per annum?

certain sum earns simple interest of Rs. 800 in 2 years at a certain rate of interest. If the samesum earns compound interest of Rs. 845 in the same period of 2 years, What must be the rate ofinterest?

What time will be taken by an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

Sagar purchased 10 kg of rice at the rate of Rs. 15 per kg and 25 kg of rice at the rate Rs.14 per kg. He mixed the two and sold the mixture. Approximately at what rate per kg should hesell the mixture to make 40 % profit in the transaction?

Aman invests Rs. 8000 at some rate of interest. Being simple interest the money doubles in 5years. Raj sees this and invests Rs. 6250 for 3 years at same rate of interest. How much interestdoes Raj get?

Virat buys an old car for Rs. 50000 and spends Rs. 4000 on its repairs. If he sells the scooter for Rs. 60000, his gain percent is: