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Grade 8 - Mathematics
9.40 Business Mathematics Review Test

Q 1: Jack and Jill started a business with $2000 and $6000 and Jill withdraw his capital after 8 months, then the ratio in which the two should divide the profit at the end of the year would be _______.
1:2
2:1
1:3

Q 2: 36 men can do a work in 12 days. Then number of days required for 9 men to do the same work is ______.
Answer:

Q 3: If S.P. = $416, Gain = 4%, then C.P. = $_______.
450
400
425
475

Q 4: Discount is always calculated on the ____ only.
selling price
cost price
None of these
market price

Q 5: If the selling price is less than the cost price there is ______.
Answer:

Q 6: Peter borrowed $7500 at 16% compound interest for two years. The amount he would pay at the end of the second year would be _______.
$11,345
$9,535
$10,092

Q 7: Peter can do 1/49th of a piece of work in a day, then he can do the the complete work in ____ days.
1/49
49

Q 8: R = 8%, T = 2 years and I = $160 then Principal =______.
$1000
$500
$2000
$1200

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Question 10: This question is available to subscribers only!


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