Business Mathematics

61. The application of assignment problems is to obtain ______________.

1. only minimum cost.
2. only maximum profit.
3. minimum cost or maximum profit.
4. assign the jobs.

View answer

62. The assignment problem is said to be balanced if it is ______________.

1. square matrix.
2. rectangular matrix.
3. unit matrix.
4. triangular matrix.

View answer

63. The objective of Transportation problem is to allocate ______________.

1. number of origins to equal number of destinations at minimum cost.
2. number of origins to equal number of destination at maximum cost.
3. only to maximize cost.
4. only to maximize the profit.

View answer

64. If Aand B are matrices of same order then ______________.

1. A+B=B+A.
2. A+B≠B+A.
3. A+B<B+A.
4. A+B>B+A.

View answer

65. When all the elements of a matrix are zeros, the matrix is called ______________.

1. unit matrix.
2. square matrix.
3. null matrix.
4. Row matrix.

View answer

66. ( 3 8 9 - 2 ) is a row matrix of order______________.

1. 4x4.
2. 1x4.
3. 1x1.
4. 4x1.

View answer

67. If a matrix has 4 rows and 3 columns, then the size will be denoted by

1. 3x4
2. 3x3
3. 4x3
4. 4x4

View answer

68. The borrowers are also known as ______________.

1. Debtor's
2. Creditor's
3. Both a & b
4. None of the above.

View answer

69. The compound interest for Rs 20000 for 3 years at 10 & is ______________.

1. 2500.
2. 2200.
3. 6000.
4. 2500.

View answer

70. When the payments are to be made at the end of each interval the annuity is called ______________.

1. immediate annuity.
2. annuity due.
3. both( a) and( b).
4. present annuity.

View answer