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Grade 8 - Mathematics
9.40 Business Mathematics Review Test

Q 1: Discount is always calculated on the ____ only.
None of these
cost price
market price
selling price

Q 2: The interest agreed to be paid per year as a percentage is called the _____.
principal
amount
rate

Q 3: A business done jointly by two or more persons is called a ______.
partnership
non-profit organization
sole proprietorship

Q 4: Peter can do 1/49th of a piece of work in a day, then he can do the the complete work in ____ days.
1/49
49

Q 5: The method of finding interest in which both principal and interest on successive years keep on increasing is called.
Compound Interest
Simple Interest
Variable Rate
Growing Interest

Q 6: If P and Q are changing in inverse proportion then P*Q = ____.
Answer:

Q 7: 36 men can do a work in 12 days. Then number of days required for 9 men to do the same work is ______.
Answer:

Q 8: The relation between cost price, selling price and profit is:
Profit = Selling Price - Cost Price
Selling Price = Cost Price - Profit
Profit = Cost Price - Selling Price
Cost Price = Selling Price + Profit

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Question 10: This question is available to subscribers only!


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