Name: ___________________

Date:___________________

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Grade 8 - Mathematics
9.40 Business Mathematics Review Test

Q 1: Matt and John started a business with capitals of $3000, and $5000 respectively and made a profit of $1880, then Matt's share of the profit would be _____.
$705
$930
$800

Q 2: Peter borrowed $7500 at 16% compound interest for two years. The amount he would pay at the end of the second year would be _______.
$9,535
$11,345
$10,092

Q 3: R = 8%, T = 2 years and I = $160 then Principal =______.
$1000
$1200
$500
$2000

Q 4: If C.P. = $1020, Loss = 10%, then S.P. = ____.
914
918
912
916

Q 5: Cost price is $78, selling price is $85, then _____.
gain = $7
loss = $7

Q 6: If the selling price is less than the cost price there is ______.
Answer:

Q 7: Given discount percent = 25%, then the fraction to be multiplied with the market price to get selling price = ______.
3/4
1/2
1/4
1/25

Q 8: Peter can do 1/49th of a piece of work in a day, then he can do the the complete work in ____ days.
49
1/49

Question 9: This question is available to subscribers only!

Question 10: This question is available to subscribers only!


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