Virtual University Old & Current Question Papers
MTH302_MID_FALL2009_S3
- Details
- Published on Saturday, 03 July 2010 17:05
- Written by Shoaib Mehmood
MIDTERM EXAMINATION
Time: 60 min
M - 42
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Question No: 1 ( Marks: 1 ) .
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%
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Question No: 2 ( Marks: 1 ) .
What is the interest on Rs. 1600 for one year at the rate %?
► 65
► 56
► 75
► 90
Question No: 3 ( Marks: 1 ) .
Four friends take an IQ test. Their scores are 96, 100, 106, 114. Which of the following statements is true?
► The mean is 103.
► The mean is 104.
► The median is 100.
► The median is 106.
Question No: 4 ( Marks: 1 ) .
If the principal P is 900 rupees, time period is 6 years and rate is 12% then the simple interest will be
► 668
► 678
► 648
► 658
Question No: 5 ( Marks: 1 ) .
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Compound interest is always:
► Higher than simple interest
► Smaller than simple interest
► Less than annuity
► Equals to simple interest
Question No: 6 ( Marks: 1 ) .
A square matrix A, has an inverse if,
► ≥ 0
► ≤ 0
► ≠ 0
► = 0
Question No: 7 ( Marks: 1 ) .
One kg apples cost Rs. 12. They are sold at the markup of %. The selling price is ------------
► 13.50
► 12.50
► 11.50
► 14.50
Question No: 8 ( Marks: 1 ) .
Look at the formulae in the following:
X = round(299.9993, 2)/3 + 5
Y = round(299.9993, 3)/3 + 5
Which statement is true?
► X is greater than Y.
► Y is greater than X.
► X equals Y.
► None of above
Question No: 9 ( Marks: 1 ) .
The Virtual University of Pakistan is a growing distant learning university of Pakistan. The number of students in the university is increasing each year. The number of registered students in a course related to business math last year was 7113 and it is increased up to 9242 this year. What is the percentage increase in the number of students?
► 23%
► 30%
► 18%
► 42%
Question No: 10 ( Marks: 1 ) .
If Selling Price = Rs. 5890 and Markup Rate = 59.5 % then the Cost Price is equal to
► Rs. 3229.70
► 3692.79
► 2385.45
► 3504.55
Question No: 11 ( Marks: 1 ) .
A Matrix is a ……………. of numbers
► Rectangular array
► Triangular array
► Linear array
► None of these
Question No: 12 ( Marks: 1 ) .
If x: y = y: 1, then
► X = y
► X = y^2
► X = y / x
► X = -y
Question No: 13 ( Marks: 1 ) .
Contribution Margin is the Rs. amount that is equal to ----------------------
► S – VC
► VC – S
► FC – VC
► VC – FC
Question No: 14 ( Marks: 1 ) .
If C = Cost price, S = Selling Price then the margin on the cost is equal to
►
►
►
►
Question No: 15 ( Marks: 1 ) .
Interest paid (earned) on only the original principal borrowed (lent) is often referred to as
► simple interest
► present value
► future value
► compound interest
Question No: 16 ( Marks: 1 ) .
The net price of a computer table is 2500 and list price 3000. The trade discount will be
► 13%
► 17%
► 21%
► 25%
Question No: 17 ( Marks: 1 ) .
Given Old Sale price = $1.95 , Markdown rate =13.6% ,then $Mark down will be
► $ 0.27
► $ 0.72
► $ 0.66
► $ 0.92
Question No: 18 ( Marks: 1 ) .
Which function calculates depreciation at the same amount each year over an asset’s useful life?
► DB
► SLN
► DDB
► All of above
Question No: 19 ( Marks: 1 ) .
3x2 + 5x – 7 is --------------- expression.
► Monomial
► Binomial
► Trinomial
► Linear
Question No: 20 ( Marks: 1 ) .
percentage of ratio of given number with standard numbe is.......
► 100
► Same number
► 1000
► 10
Question No: 21 ( Marks: 1 ) .
If a and b are any two integers such that then a-b is
► positive or zero
► negative or zero
► negative
► zero
Question No: 22 ( Marks: 1 ) .
Is the percent. symbol: ( %) used as Excel arithmetic operator?.
► True
► False
Question No: 23 ( Marks: 1 ) .
A polynomial: is a special case of
► bi-nomial
► tri-nomial
► None of these as expression is incorrectly expressed.
► mono-nomial
Question No: 24 ( Marks: 1 ) .
Ali, Bilal and Saleem play cricket. Ali's runs are to Bilal's runs and Bilal's runs are tosaleem's as 4:3. They get altogether 111 runs. How many runs does Bilal make?
► 56
► 46
► 36
► 26
Question No: 25 ( Marks: 3 )
When Jane bought her V.C.R., she borrowed $500 at 5% simple interest. The total interest payable over the period of the loan is $50. How many years will it take her to repay the loan?
Question No: 26 ( Marks: 5 )
The matrix G represents the average score for each student on tests, quizzes, and homework. Tests are 50% of the grade, quizzes are 30% and homework is 20%.
a. Write the vector P expressing the percentages that would be used to find the final grade for each student.
b. Would GP or PG produce a matrix of the final grades? Also using matrices, determine the final grade for each student.
Question No: 27 ( Marks: 10 )
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Determine the Net income (NI) of a person, if he sold 150units. Given that Fixed Cost = Rs. 2744, Variable Cost = Rs. 57, S= Rs. 85 and Capacity =220 units.