CIMA Certificate in Business Accounting Practice Questions — All Questions

20% of 250 is:

• a.25
• b.50✓
• c.20
• d.75

0.20 x 250 = 50.

Simple interest on 1,000 at 5% per year for 2 years is:

• a.100✓
• b.50
• c.150
• d.200

Simple interest = 1,000 x 0.05 x 2 = 100.

If a ratio of A to B is 3:2 and total is 200, then A equals:

• a.80
• b.100
• c.120✓
• d.150

A = 200 x 3/5 = 120.