Business Mathematics

121. Under simple interest, the interest for n years is ______________.

  1. A=P(1+ni).
  2. A=P(+i).
  3. A=Pnr/100.
  4. A=P(1+i)n.
Correct answer: (C)

A=P(1+i)n.

122. Formula for Bankers gain is ______________.

  1. Anr/100.
  2. An2r2/100(100+nr).
  3. 100A/100+nr.
  4. Anr/100+nr.
Correct answer: (B)

An2r2/100(100+nr).

123. The formula for finding the compound interest is ______________.

  1. A=P(1+ni).
  2. A=P(1+i).
  3. A=Pnr/100.
  4. A=P(1+i)n.
Correct answer: (B)

A=P(1+i)n.

124. The present value under annuity due is ______________.

  1. A/i [1-(1+i)-n].
  2. A+A/i [1-(1+i)-n].
  3. A/i [(1+i)-n-1].
  4. A/i (1+i)[ 1+i)-n-1].
Correct answer: (C)

A/i (1+i)[ 1+i)-n-1].

125. In Graphical solution the feasible region is ______________.

  1. where all the constraints are satisfied simultaneously.
  2. any one constraint is satisfied.
  3. only the first constraint is satisfied.
  4. any one of the above condition.
Correct answer: (A)
where all the constraints are satisfied simultaneously.

126. Under simple interest, amount or value at the end is ______________.

  1. A=P+I.
  2. A=P(1+i).
  3. A=Pnr/100.
  4. A=P(1+i)n
Correct answer: (B)

A=P+I.

127. Which of the following is not associated with any LPP?

  1. Feasible Solution.
  2. Optimum Solution.
  3. Basic solution.
  4. Quadratic equation.
Correct answer: (D)
Quadratic equation.

128. The Amount due under immediate annuity is ______________.

  1. A/i [1-(1+i)-n].
  2. A+A/i [1-(1+i)-n].
  3. A/i [(1+i)-n-1].
  4. A/i (1+i)[ (1+i)-n-1].
Correct answer: (A)

A/i (1+i)[ (1+i)-n-1].

129. Optimal solution in an LPP is ______________.

  1. which maximizes or minimizes the objective function.
  2. which maximizes the objective function.
  3. which minimizes the objective function.
  4. which satisfies the non negativity restrictions.
Correct answer: (A)
which maximizes or minimizes the objective function.

130. Under simple interest, the rate of interest is given by ______________.

  1. R = 100r-(100-nr).
  2. r = 100 I/Pn.
  3. Anr/100.
  4. A=P(1+i)n.
Correct answer: (D)

r = 100 I/Pn.

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