Chapter 8
Accounting
TU CMAT entrance past exam questions
Past questions and answers
5 questions set from this chapter. Most repeated first.
- 2013 · 1 mark
Profits in the partnership of Bikram, Bishnu and Binita are shared in the ratio 1:2:3. If Bikram's share of the profits is Rs. 300, what is Binita's share?
a. Rs. 150
b. Rs. 450
c. Rs. 600
d. Rs. 900
Answer
(d) Rs. 900
The ratio is , and Bikram's 1 part is Rs. 300. Binita's share is .
Answer checked by Claude Sonnet · Oct 21, 2026
Test yourself · 2 MCQs
Loading…
- 2013 · 1 mark
The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Rs. 1. The sum in Rs. is:
a. 625
b. 630
c. 640
d. 650
Answer
(a) 625
For 2 years at 4%:
The sum is Rs. 625.
Answer checked by Claude Sonnet · Oct 21, 2026
Test yourself · 2 MCQs
Loading…
- 2013 · 1 mark
An agent charges 10% of the selling price for selling the house. If he gets 100,000
b. 150,000
d. $500,000
Answer
(a) $100,000
The agent's commission is $10,000, which is 10% of the selling price:
Answer checked by Claude Sonnet · Oct 21, 2026
Test yourself · 1 MCQ
Loading…
- 2013 · 1 mark
Rakali invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?
a. 6400
b. 6500
c. 7200
d. 7500
Answer
(a) 6400
Let the amount in B be , so the amount in A is . Total simple interest for 2 years:
The amount invested in Scheme B is Rs. 6400.
Answer checked by Claude Sonnet · Oct 21, 2026
Test yourself · 2 MCQs
Loading…
- 2013 · 1 mark
How much time will it take for an amount of 450 to yield 81 as interest at 4.5% per annum of simple interest?
a. 3 years
b. 4 years
c. 4.5 years
d. 5 years
Answer
4 years
Using years.
Answer checked by Claude Haiku · Oct 21, 2026
Test yourself · 2 MCQs
Loading…
Questions from CMAT Exam Questions 2020 (CMAT entrance · 2020), CMAT Exam Questions Paper 2019 (CMAT entrance · 2019), CMAT Past Question Paper (CMAT entrance · 2074), CMAT Past Question Paper (CMAT entrance · 2072), CMAT Past Question Paper (CMAT entrance · 2071), CMAT Past Question Paper (CMAT entrance · 2013), CMAT Past Question Paper (CMAT entrance · Verbal Ability 2012), CMAT Past Question Paper (CMAT entrance) and CMAT Past Question Paper (CMAT entrance). Answers are written for this site; check them against your class notes.