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Rashid Latif Khan University10 Questions

Business Mathematics MCQs

Practice Business Mathematics multiple-choice questions for Rashid Latif Khan University 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
$500
$1,200
ExplanationSimple Interest = Principal × Rate × Time. $5,000 × 0.06 × 2 = $600.
$100
$105
$120
$90
ExplanationSelling price = Cost + (Cost × Markup%). $80 + ($80 × 0.25) = $80 + $20 = $100.
8%
9%
10%
12%
ExplanationUsing the formula FV = PV(1+r)^n, 2662 = 2000(1+r)^3, which solves to (1.331)^(1/3) = 1.10.
$110
$120
$130
$100
ExplanationThe discount is 20% of $150 ($30). $150 - $30 = $120.
1,000 units
2,000 units
2,500 units
5,000 units
ExplanationBreak-even = Fixed Costs / (Price - Variable Cost) = 50,000 / (50 - 30) = 2,500.
20%
25%
50%
125%
ExplanationPercentage increase = (New Value - Old Value) / Old Value * 100. (250,000 - 200,000) / 200,000 = 0.25 or 25%.
$1,200
$1,210
$1,100
$1,250
ExplanationFormula: FV = PV * (1 + r)^n. 1000 * (1.10)^2 = 1000 * 1.21 = 1210.
$144
$150
$160
$140
ExplanationOriginal price * (1 - 0.20) = 120. Original price = 120 / 0.8 = 150.
$5
$10
$15
$35
ExplanationContribution margin = Selling price - Variable cost. 20 - 15 = 5.
$800
$810
$820
$900
ExplanationYear 1: 1000 - (0.10 * 1000) = 900. Year 2: 900 - (0.10 * 900) = 810.

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 Rashid Latif Khan University 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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