kwizNET Subscribers, please login to turn off the Ads!
Email us to get an instant 20% discount on highly effective K-12 Math & English kwizNET Programs!

Online Quiz (Worksheet A B C D)

Questions Per Quiz = 2 4 6 8 10

Grade 8 - Mathematics
9.40 Business Mathematics Review Test

Q 1: Percentage of profit or loss is calculated only on the ______.
selling price
cost 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 discount
loss reduction
gain reduction
profit discount

Q 3: If P and Q are changing in inverse proportion then P*Q = ____.

Q 4: M.P. = $35, discount = $5, then discount percent = _____.
12 1/2%
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 _____.

Q 6: A business done jointly by two or more persons is called a ______.
sole proprietorship
non-profit organization

Question 7: This question is available to subscribers only!

Question 8: This question is available to subscribers only!

Subscription to kwizNET Learning System offers the following benefits:

  • Unrestricted access to grade appropriate lessons, quizzes, & printable worksheets
  • Instant scoring of online quizzes
  • Progress tracking and award certificates to keep your student motivated
  • Unlimited practice with auto-generated 'WIZ MATH' quizzes
  • Child-friendly website with no advertisements
  • Choice of Math, English, Science, & Social Studies Curriculums
  • Excellent value for K-12 and ACT, SAT, & TOEFL Test Preparation
  • Get discount offers by sending an email to

Quiz Timer