MCQs: The income tax imposed on first $90000 of income is $4000 and next $20000 is 7%. If chargeable income is $100,000 then the tax payable by the tax payers is
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: If a book is sold for $250 at 15% loss on cost then cost price of book is
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: The shopkeeper paid $80 each for two pair of shoes. He sell first pair of shoes making profit of 35% of cost price. He sell second pair of shoes at loss of 18% of cost price. The selling price of each pair of shoes respectively is
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: The television is priced at $10,000. A deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then the total hire purchase of television is
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: The exchange rate between Japanese Yen and Euro on specific day is 1 Yen to 2.4 Euros. The Euros that are equivalent to 450 Japanese Yen are
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: If a handbag is sold for $2000 at gain of 20% on cost price then the cost is
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: Michael wants to borrow some money for 48 months at 11% interest per year and pay $1950 in interest charges for his business expansion. The amount he could borrow is
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: The compound interest on $7500 for 1 year at 8.5% per annum which is compounded monthly is
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: Henry and Hazel earns income of $5000. The expenses they have to meet are food $500, house loan $450, electricity, water and gas $135. telephone $50 and car maintenance $155. The monthly saving as %age of income is
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: Harry borrows $3000 for 5 years at rate of 8% per annum. The simple interest he has to pay is
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: The general formula used to calculate interest is
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: Henry put A$9000 in one year US$ fixed deposit account with bank at 5% simple interest per annum when exchange rate was at US$1 = A$3.5. The amount he invested in US dollars is
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: The interest payable is dependable on
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: If the tax payable is $8000 for 8 months at rate of 16% then annual value of real estate property is
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: Jane invests $15000 at 5% per annum compound interest which is compounded daily. If a year is equal to 365 days then the amount at the end of fifth day is
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: In public library, 30% of books are classified as fiction and remainder as nonfiction. There are total 2400 more nonfiction books than fiction books. The total number of books in library is
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: By converting the US$350 into Australian dollars whose buying rate is 2.03, the answer in A$ will be
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: The annual value of real estate property is $165,000. The tax payable for period of 10 months at rate of 18% is
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: Hazel borrowed $250000 for 7 years at interest rate of 12% per year. The interest he must have to pay is
Category: Mathematics Quizzes, Published by: TCode Scripts

MCQs: In 2012, Jennifer earned gross annual income of $75000. She is entitled to following reliefs: personal $3500; wife $2500; 2 children $1500 each, life insurance premiums =$15,400 and gifts to charitable income = $25,350 then Jennifer's income tax is
Category: Mathematics Quizzes, Published by: TCode Scripts
