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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: The money contributed by partners in a business is called _____.
investment
market price
profit

Q 2: The principal and the interest together is known as the _______.
profit
total amount or amount
market price
loss

Q 3: R = 8%, T = 2 years and I = $160 then Principal =______.
$500
$1200
$1000
$2000

Q 4: Mike can do more work than Peter in one day. This tells that ___ can complete independently the piece of work in a short period.
Peter
Mike

Q 5: If S.P. = $42 and discount = $3 then M.P. = ______.
45
47
41
43

Q 6: Jack and Jill started a business with $2000 and $6000 and Jill withdraw his capital after 8 months, then the ratio in which the two should divide the profit at the end of the year would be _______.
1:3
1:2
2:1

Q 7: Manufacturers sell articles to the whole sale dealers at a lower price than the market price. This reduction is known as _______.
profit discount
trade or volume discount
loss reduction
gain reduction

Q 8: A business done jointly by two or more persons is called a ______.
non-profit organization
sole proprietorship
partnership

Question 9: This question is available to subscribers only!

Question 10: This question is available to subscribers only!


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