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 Q 1: A business done jointly by two or more persons is called a ______.non-profit organizationpartnershipsole proprietorship Q 2: The money contributed by partners in a business is called _____.market priceinvestmentprofit Q 3: M.P. = \$35, discount = \$5, then discount percent = _____.14%123%11 1/2%12 1/2% Q 4: George and Jack started business with capitals of \$5000 and \$6000 respectively. The ratio in which they should divide the profit is _____.11:65:116:55:6 Q 5: Cost price is \$550 and profit is \$65, then selling price is \$______.Answer: Q 6: Mike can do more work than Peter in one day. This tells that ___ can complete independently the piece of work in a short period.MikePeter Q 7: 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\$705\$930 Q 8: If the cost price is \$640, selling price is \$680, profit percentage is ______.5 3/4%12%3 1/8%6 1/4% Question 9: This question is available to subscribers only! Question 10: This question is available to subscribers only!