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This document contains a practice test for business mathematics. It has two sections - multiple choice questions worth 5 marks and longer form questions worth 25 marks where students must attempt 5 questions. The first section contains 5 multiple choice questions testing concepts like simple interest, definitions of financial terms, slope of lines, and coordinate planes. The second section provides 6 sample questions testing linear equations, systems of equations, quadratic equations, compound interest, and matrices. Students have 90 minutes to complete the test.
This document contains a practice test for business mathematics. It has two sections - multiple choice questions worth 5 marks and longer form questions worth 25 marks where students must attempt 5 questions. The first section contains 5 multiple choice questions testing concepts like simple interest, definitions of financial terms, slope of lines, and coordinate planes. The second section provides 6 sample questions testing linear equations, systems of equations, quadratic equations, compound interest, and matrices. Students have 90 minutes to complete the test.
This document contains a practice test for business mathematics. It has two sections - multiple choice questions worth 5 marks and longer form questions worth 25 marks where students must attempt 5 questions. The first section contains 5 multiple choice questions testing concepts like simple interest, definitions of financial terms, slope of lines, and coordinate planes. The second section provides 6 sample questions testing linear equations, systems of equations, quadratic equations, compound interest, and matrices. Students have 90 minutes to complete the test.
Max. Marks: 30 BUSINESS MATHEMATICS Time Allowed: 90 min
SEC A M.C.Qs. Marks: 5 1. The simple interest on Rs.4,500/- for 3 years at 7% per annum is a. 105 c. 315 b. 135 d. 945 2. When a series of payments of equal amount are made at equal intervals, each payment is known as a. Perpetuity c. installment b. Investment d. annuity 3. The slope of the straight line 2y = 3 4x is a. 3 c. -2 b. 2 d. 4 4. The ordered pair (4,-3) is located in the quadrant a. First c. third b. Second d. fourth 5. The slope of a horizontal line is a. 0 c. 2 b. 1 d. SEC B Marks: 25 Attempt any five questions: 1. Find, in general form, equation of a straight line passing through the points (0,3) and (5,2). Also find x-intercept and y-intercept.
2. Solve the following system of using Cramers Rule: 3x+2y = 1 5x-3y = 27
3. For the quadratic equation y = 8-2x-x 2 . Find a. Vertex b. Roots of the equation. 4. On a saving bank account Bank A pays 8% interest compounded annually, while Bank B pays 8% interest compounded semi-annually. On a deposit of Rs.10,000/- how much more interest will be earned in 3 years at Bank B as compared with that of Bank A ? 5. Rida saves Rs.1,200/- form her pocket money and deposits it in a bank at the end of each quarter for 5 years. If the interest rate is 10% compounded quarterly, what amount would he get at the end of 5 years? 6. Show that the given matrix is singular matrix: 4 8 6 2 5 3 2 4 3 ADAMJEE COACHING CENTRE