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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: Amount = Principal + ________.
Interest
Rate
Time

Q 2: Percentage of profit or loss is calculated only on the ______.
selling price
cost price
profit
loss

Q 3: Discount is always calculated on the ____ only.
selling price
cost price
None of these
market price

Q 4: The relation between cost price, selling price and profit is:
Profit = Selling Price - Cost Price
Profit = Cost Price - Selling Price
Cost Price = Selling Price + Profit
Selling Price = Cost Price - Profit

Q 5: The interest agreed to be paid per year as a percentage is called the _____.
rate
amount
principal

Q 6: If the selling price is more than the cost price there is ____.
profit
loss
no gain

Q 7: The principal and the interest together is known as the _______.
profit
total amount or amount
loss
market price

Q 8: If C.P. = $220, Gain = 5%, then S.P. = $_____.
241
251
231
261

Question 9: This question is available to subscribers only!

Question 10: This question is available to subscribers only!


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