MTH 302

Question No: 1 ( Marks: 1 ) - Please choose one


If a profit ratio of A and B is 2 to 3, then A’s share in profit will be


► 2/5

► 2/3

► 3/2

► 3/5



Question No: 2 ( Marks: 1 ) - Please choose one


After the merchant buys merchandise, it is sold at a higher price called the _______

► Sale price


► Revenue discount


► Selling price

► Cost price



Question No: 3 ( Marks: 1 ) - Please choose one


Monthly installments of a leased car are calculated by using the techniques of:

► Simple interest method


► Compound interest method


► Annuity

► Hit & trial method



Question No: 4 ( Marks: 1 ) - Please choose one



3x2 + 5x – 7 is --------------- expression.


► Monomial

► Binomial

► Trinomial

► Linear



Question No: 5 ( Marks: 1 ) - Please choose one


Witch of the following percent is Conveyance Allowance of the basic salary?

► 2.5%

► 45%

► 5%

► None of these



Question No: 6 ( Marks: 1 ) - Please choose one


0^1=?

► 0

► 1

► undefined

► infinity



Question No: 7 ( Marks: 1 ) - Please choose one


If an asset is purchased at Rs 3000 on the date 6/29/2008 and the first depreication period ends on 11/29/2008, where salvage value is 300 and period is taken as 1 on 20% interest rate where basis =1, then which of the following function Returns the depreciation for given accounting period


► =AMORLINC(3000, 6/29/2008, 11/29/2008, 300, 1*12, 20%, 1)

► =AMORLINC(3000, 6/29/2008, 11/29/2008, 300, 1, 20% / 12 , 1)

► =AMORLINC(3000, 6/29/2008, 11/29/2008, 300, 1, 20%, 1)

► =AMORLINC(3000, 6/29/2008, 11/29/2008, 300, 1*12 , 20%/12, 1)

► None of these



Question No: 8 ( Marks: 1 ) - Please choose one


To add numbers based on one condition we use

► DSUM function.


► AVERAGE function.


► SUMIF function .

► all functions given in above choices .



Question No: 9 ( Marks: 1 ) - Please choose one


If is the matrix of dimension and is the identity matrix of dimension . Then which of the following is true


► AI = I


► AI = A

► A + I = A


► A + I = I




Question No: 10 ( Marks: 1 ) - Please choose one


Linear equation: has the solution only if


►

►

►

►



Question No: 11 ( Marks: 1 ) - Please choose one


Which of the following is the correct formula for calculating the contribution margin


► S-VC

► VC-S

► S-FC

► FC-S



Question No: 12 ( Marks: 1 ) - Please choose one


If C is the cost and S is the selling price of a certain item then the formula for its markup is given by


► (S-C)/S *100%


► (S-C)/C *100%


► (C-S)/S *100%


► (C-S)/C *100%




Question No: 13 ( Marks: 1 ) - Please choose one


If A is a matrix whose determinant is zero then its inverse is given by:


► zero

► product of its diagonal entries

► infinite

► cannot be determined



Question No: 14 ( Marks: 1 ) - Please choose one


If A= [a b c] is a matrix then in order to find AB, the number of columns B must have are


► 3

► 1

► 2

► any non zero number



Question No: 15 ( Marks: 1 ) - Please choose one


percentage of ratio of given number with standard numbe is.......

► 100

► Same number

► 1000

► 10



Question No: 16 ( Marks: 1 ) - Please choose one


Negative sign with net income means

► Net profit is zero

► Net Loss

► Net income is not sufficient

► Negative sign cannot come with net income



Question No: 17 ( Marks: 1 ) - Please choose one


If 5x =7t, then the ratio x: t = …..

► 5:7

► 7:5

► 15:7

► 5:17



Question No: 18 ( Marks: 1 ) - Please choose one


What shall be contribution margin if sale price is Rs.50 and variable cost is
Rs.30?


► Rs.80

► Rs.20

► Rs.30

► none of these



Question No: 19 ( Marks: 1 ) - Please choose one


For multiplication of two matrices A and B

► The no. of rows of A must be equal to columns of B


► The no. of rows of B must be equal to no. columns of A


► The no. of columns of A must be equal to no. rows of B


► None of these




Question No: 20 ( Marks: 1 ) - Please choose one


If the price of a shirt is Rs 250 and discount on its price is Rs 30, what is the percentage of discount?


► 10 %

► 11%

► 12%

► 15%



Question No: 21 ( Marks: 2 )


If A is a matrix of order 3x3,
A =
then find its determinant?


Question No: 22 ( Marks: 2 )


After marketing analysis, calculate the break even point in rupees provided that
Fixed Cost = Rs.500, Contribution Margin = Rs.250 & expected sale rate is 1000 per item.



Question No: 23 ( Marks: 3 )


An item is marked down 15%; the sale price is Rs. 127.46. What was the original price?



Question No: 24 ( Marks: 3 )


Cost analysis provides the following information:
Fixed Costs (FC) per period = Rs. 20000
Variable Costs (VC) = Rs. 30 per unit.
Selling price per unit = S = 50 Rs
Production Capacity per period = 800 units
Contribution Margin per unit =Rs 20
. Calculate BEP in Rs .



Question No: 25 ( Marks: 5 )


The product that regularly sells for $650 is marked down to $500. What is the rate of markdown?


Question No: 26 ( Marks: 5 )


Evaluate the sum of the years digits depreciation of an asset having the cost of Rs.10,000 for a period of 5 years such that salvage value after 7 years is Rs.5000.