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Imperial College of Business Studies (ICBS)10 Questions

Business Mathematics MCQs

Practice Business Mathematics multiple-choice questions for Imperial College of Business Studies (ICBS) competitive exams. Each question includes the correct answer and a short explanation, and past-paper questions are marked so you can revise both repeated and fresh material in one place.

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$750
$250
$500
$1,000
ExplanationSimple interest is calculated as Principal × Rate × Time. 5,000 × 0.05 × 3 = 750.
400 units
1,000 units
667 units
500 units
ExplanationBreak-even units = Fixed Costs / (Selling Price - Variable Cost) = 20,000 / (50 - 30) = 1,000 units.
$100.00
$106.67
$105.00
$120.00
ExplanationMargin = (Price - Cost) / Price. 0.25 = (P - 80) / P -> 0.25P = P - 80 -> 0.75P = 80 -> P = 106.67.
$400
$410
$420
$440
ExplanationYear 1: 2000 * 0.10 = 200. Year 2: (2000 + 200) * 0.10 = 220. Total = 200 + 220 = 420.
$500
$1,000
$1,500
$2,000
ExplanationStraight-line depreciation = (Cost - Salvage Value) / Useful Life. 10% rate implies a 10-year life. $10,000 / 10 = $1,000.
$40.00
$42.00
$44.00
$45.00
ExplanationDiscounted price = 50 * 0.80 = $40. Tax = 40 * 0.05 = $2. Total = $42.
5
10
15
20
Explanation3x = 45 - 15 = 30; x = 30 / 3 = 10.
$96
$100
$144
$108
ExplanationIf Cost is X, then X + 0.20X = 120. 1.2X = 120, so X = 100.
$1,100
$1,102.50
$1,105
$1,200
ExplanationFV = PV * (1 + r)^n = 1000 * (1.05)^2 = 1000 * 1.1025 = 1102.50.
$100,000
$200,000
$300,000
$400,000
ExplanationContribution Margin = Sales * CM Ratio = 500,000 * 0.40 = 200,000.

Frequently Asked Questions

Are these Business Mathematics MCQs free?

Yes. Every Business Mathematics MCQ on this page is free to practice, including the correct answer and explanation.

Do these include past-paper questions?

Yes — questions sourced from past papers are clearly marked with a "Past Paper" badge, alongside fresh practice questions.

Which exams do these Business Mathematics MCQs help with?

They are aimed at Imperial College of Business Studies (ICBS) and related Pakistani competitive exams that test Business Mathematics.

How should I practice subject-wise MCQs?

Attempt each question first, then reveal the answer and read the explanation. Short, focused sessions on one subject work better than long unstructured reading.

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