5. Exam Paper for Business Mathematics in BBA (with Answers)

,Exam Paper for Business Mathematics in BBA (with
Answers)

PAPER # 1

**Section A: Multiple Choice Questions (50 marks)**

1. The compound interest on Rs. 100 for 2 years at 10% per annum
compounded annually is
(a) Rs. 21
(b) Rs. 20
(c) Rs. 11
(d) Rs. 10

2. The simple interest on Rs. 1000 for 3 months at 6% per annum is
(a) Rs. 15
(b) Rs. 10
(c) Rs. 5
(d) Rs. 20

3. The present worth of Rs. 100 due 2 years hence at 10% per annum
simple interest is
(a) Rs. 90
(b) Rs. 95
(c) Rs. 82.5
(d) Rs. 80

4. The amount of Rs. 1000 for 2 years at 5% per annum compounded
annually
(a) Rs. 1050
(b) Rs. 1100
(c) Rs. 1102.5


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, (d) Rs. 1125

5. The simple interest on Rs. 100 for 4 months at 6% per annum is
(a) Rs. 1.5
(b) Rs. 2
(c) Rs. 1.2
(d) Rs. 1.8

**Section B: Short Answer Questions (20 marks)**

6. Find the compound interest on Rs. 1000 for 2 years at 10% per annum
compounded annually.

7. Find the simple interest on Rs. 5000 for 3 months at 12% per annum.

8. Find the present worth of Rs. 100 due 3 years hence at 8% per annum
simple interest.

9. Find the amount of Rs. 1000 for 2 years at 6% per annum compounded
annually.

10. Find the simple interest on Rs. 2000 for 4 months at 15% per annum.

**Section C: Numerical Problems (30 marks)**

11. A sum of money invested at 5% per annum simple interest amounts to
Rs. 126 in 2 years. Find the sum.

12. The simple interest on Rs. 1000 for 3 months at 6% per annum is Rs. 15.
Find the time period.

13. The present worth of Rs. 100 due 4 years hence at 10% per annum
simple interest is Rs. 82.5. Find the sum.



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