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 Q 1: Peter borrowed \$7500 at 16% compound interest for two years. The amount he would pay at the end of the second year would be _______.\$11,345\$9,535\$10,092 Q 2: Percentage of profit or loss is calculated only on the ______.cost priceprofitlossselling price Q 3: If P=Principal, T=Time, and R=Rate, then Simple Interest I = _______.P/100TR100P/TRPTR/100 Q 4: The method of finding interest in which both principal and interest on successive years keep on increasing is called.Growing InterestSimple InterestVariable RateCompound Interest Q 5: If S.P. = \$42 and discount = \$3 then M.P. = ______.41474345 Q 6: The relation between cost price, selling price and profit is:Selling Price = Cost Price - ProfitProfit = Cost Price - Selling PriceProfit = Selling Price - Cost PriceCost Price = Selling Price + Profit Q 7: If S.P. = \$840, Loss = 16%, then C.P. = \$______.1050102510001075 Q 8: Cost price is \$550 and profit is \$65, then selling price is \$______.Answer: Question 9: This question is available to subscribers only! Question 10: This question is available to subscribers only!