Q 1: If 'M' and 'd%' respectively represent the market price and discount, then the actual discount =____. M/100d Md/100 100M/d d/100+M

Q 2: Given discount percent = 25%, then the fraction to be multiplied with the market price to get selling price = ______. 1/2 1/25 3/4 1/4

Q 3: If P=Principal, T=Time, and R=Rate, then Simple Interest I = _______. 100P/TR PTR/100 P/100TR

Q 4: If the cost price is $528 and profit is $44, then the percentage of profit = _____. 6 1/8% 12 1/4% 8 1/3% 7 1/2%

Q 5: Using the normal convention, simple interest R = 100I/PT. True False

Q 6: If P = $450, T = 3 years, R = 5%, then I = ______. $67.50 $75.45 $85.50

Q 7: If the cost price is $640, selling price is $680, profit percentage is ______. 6 1/4% 3 1/8% 5 3/4% 12%

Q 8: The interest agreed to be paid per year as a percentage is called the _____. principal amount rate

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