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BCom First Year (Sem 1 & 2) Business Mathematics and Statistics – Daily Revision MCQ (English Medium)

📅 26 October 2026 · 10 questions · based on the Maharashtra university syllabus

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  1. ₹1,600 is divided between A and B in the ratio 3 : 5. What is B's share?

    Chapter 1: Ratio, Proportion and Percentage

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    Answer: C. ₹1,000
    B's share = 1,600 × 5/8 = ₹1,000 (A gets ₹600).

  2. What is the simple interest on ₹5,000 at 8% per annum for 3 years?

    Chapter 2: Simple and Compound Interest

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    Answer: A. ₹1,200
    SI = P × R × N ÷ 100 = 5,000 × 8 × 3 ÷ 100 = ₹1,200.

  3. What is the compound interest on ₹10,000 at 10% per annum for 2 years, compounded annually?

    Chapter 2: Simple and Compound Interest

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    Answer: D. ₹2,100
    Amount = 10,000 × (1.1)² = ₹12,100, so CI = 12,100 − 10,000 = ₹2,100.

  4. An annuity in which each payment is made at the beginning of every period is called:

    Chapter 3: Annuities and EMI

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    Answer: B. Annuity due
    In an annuity due payments fall at the start of each period; in an ordinary annuity they fall at the end.

  5. What is the value of the determinant | 2 3 ; 1 4 | (first row 2, 3; second row 1, 4)?

    Chapter 4: Matrices and Determinants

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    Answer: B. 5
    |a b; c d| = ad − bc = 2×4 − 3×1 = 8 − 3 = 5.

  6. Data collected by the investigator for the first time, directly from the source, is called:

    Chapter 5: Collection, Classification and Presentation of Data

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    Answer: A. Primary data
    Primary data is original, first-hand data; secondary data has already been collected by someone else.

  7. What is the arithmetic mean of 12, 15, 18, 20 and 25?

    Chapter 6: Measures of Central Tendency

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    Answer: C. 18
    Mean = (12 + 15 + 18 + 20 + 25) ÷ 5 = 90 ÷ 5 = 18.

  8. What is the range of the values 12, 7, 19, 4 and 15?

    Chapter 7: Measures of Dispersion

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    Answer: D. 15
    Range = Largest − Smallest = 19 − 4 = 15.

  9. If the mean of a series is 50 and its standard deviation is 10, the coefficient of variation is:

    Chapter 7: Measures of Dispersion

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    Answer: A. 20%
    C.V. = (σ ÷ mean) × 100 = (10 ÷ 50) × 100 = 20%.

  10. Karl Pearson's coefficient of correlation (r) always lies between:

    Chapter 8: Correlation and Regression

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    Answer: C. −1 and +1
    r = +1 is perfect positive, −1 perfect negative and 0 no linear correlation; it can never go outside −1 to +1.

📘 Notes for this subject📝 All subjects MCQ

BCom First Year (Sem 1 & 2): MCQ in other subjects

Financial AccountingBusiness Economics (Micro)Business Communication (English)Principles of Business Management

All questions are written by PadhaiNotes in our own words from the common syllabus of Maharashtra universities (NEP). Your own university's syllabus may differ a little.