Business Mathematics MCQs – Practice Test 1 (Chapter 1)

Exponential and Logarithmic Functions MCQs with Answers PDF Download – Test 1

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Exponential & Logarithmic Functions MCQs – Practice Test 1 PDF Download

MCQ 1: The general form of algebraic function x⁵ multiplied by x¹ have solved form as:

x⁴
2x⁴
x⁶
2x⁶

MCQ 2: To calculate compound interest, the formula used is:

P = S(1+i)^s
P = S(1+i)^p
S = P(1+i)ⁿ
S = P(1+i)^p

MCQ 3: In logarithm, the property of log_b (b) is equal to:

zero
one
minus one
two

MCQ 4: In the exponential function class ƒ(x) = b^x where 0 < b < 1, the greater rate of decrease in x is dependent on:

smaller magnitude of base y
smaller magnitude of base x
smaller magnitude of base a
smaller magnitude of base b

MCQ 5: The algebraic property implies on (ab)⁰ and by solving it becomes:

ab¹
2
1
0

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