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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
loss
profit
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 = ____.
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 ______.
partnership
sole proprietorship
non-profit organization

Question 7: This question is available to subscribers only!

Question 8: This question is available to subscribers only!


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