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

Q 2: George and Jack started business with capitals of $5000 and $6000 respectively. The ratio in which they should divide the profit is _____.
5:6
6:5
11:6
5:11

Q 3: The sum borrowed or lent is called _______.
rate
principal
loss
interest

Q 4: 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
$10,092
$11,345

Q 5: The relation between cost price, selling price and profit is:
Cost Price = Selling Price + Profit
Selling Price = Cost Price - Profit
Profit = Selling Price - Cost Price
Profit = Cost Price - Selling Price

Q 6: If C.P. = $1020, Loss = 10%, then S.P. = ____.
912
916
918
914

Question 7: This question is available to subscribers only!

Question 8: This question is available to subscribers only!


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