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National University of Modern Languages (NUML)12 Questions

Business Mathematics and Statistics MCQs

Practice Business Mathematics and Statistics multiple-choice questions for National University of Modern Languages (NUML) 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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$300
$600
$900
$1,200
ExplanationSimple Interest = Principal * Rate * Time. $5,000 * 0.06 * 2 = $600.
Median
Mode
Arithmetic Mean
Range
ExplanationThe arithmetic mean uses the sum of all values, so a very large or small outlier significantly shifts the average.
$90
$100
$105
$110
Explanation25% of $80 is $20. $80 + $20 = $100.
Mean
Mode
Median
Range
ExplanationThe median is defined as the middle value in a sorted data set.
$100
$200
$210
$1210
ExplanationYear 1 interest: $100. Year 2 interest on $1,100: $110. Total interest: $100 + $110 = $210.
1/6
1/4
1/2
4/6
ExplanationSince there is only one '4' and six possible outcomes, the probability is 1/6.
Positively skewed
Negatively skewed
Symmetrical
Bimodal
ExplanationIn a perfectly symmetrical distribution (like the normal distribution), the center of data is identical for the mean, median, and mode.
5
10
15
20
ExplanationSubtract 15 from 45 to get 30, then divide by 3 to get 10.
All values in the dataset are the same
The mean is zero
The sample size is zero
There is extreme variance
ExplanationStandard deviation measures dispersion. If there is no dispersion, all numbers must be identical to the mean.
20
25
12500
50
ExplanationThe arithmetic mean is calculated by dividing the sum of values (500) by the number of items (25), resulting in 20.
Unimodal
Bimodal
Multimodal
Symmetrical
ExplanationA dataset with two distinct values that appear most frequently is defined as bimodal.
100
110
120
130
Explanation15% is equivalent to 0.15. Multiplying 0.15 by 800 equals 120.

Frequently Asked Questions

Are these Business Mathematics and Statistics MCQs free?

Yes. Every Business Mathematics and Statistics 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 and Statistics MCQs help with?

They are aimed at National University of Modern Languages (NUML) and related Pakistani competitive exams that test Business Mathematics and Statistics.

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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