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#### Online Quiz (WorksheetABCD)

Questions Per Quiz = 2 4 6 8 10

 Q 1: Percentage of profit or loss is calculated only on the ______.selling pricelossprofitcost price Q 2: Manufacturers sell articles to the whole sale dealers at a lower price than the market price. This reduction is known as _______.trade or volume discountloss reductiongain reductionprofit discount Q 3: If P and Q are changing in inverse proportion then P*Q = ____.Answer: Q 4: M.P. = \$35, discount = \$5, then discount percent = _____.14%12 1/2%123%11 1/2% Q 5: 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 _____.\$800\$930\$705 Q 6: A business done jointly by two or more persons is called a ______.partnershipsole proprietorshipnon-profit organization Question 7: This question is available to subscribers only! Question 8: This question is available to subscribers only!