Q 1: Given discount percent = 25%, then the fraction to be multiplied with the market price to get selling price = ______. 3/4 1/2 1/25 1/4

Q 2: Manufacturers sell articles to the whole sale dealers at a lower price than the market price. This reduction is known as _______. gain reduction profit discount trade or volume discount loss reduction

Q 3: Cost price is $550 and profit is $65, then selling price is $______. Answer:

Q 4: George and Jack started business with capitals of $5000 and $6000 respectively. The ratio in which they should divide the profit is _____. 5:11 11:6 6:5 5:6

Q 5: If C.P. = $1020, Loss = 10%, then S.P. = ____. 914 912 916 918

Q 6: The relation between cost price, selling price and profit is: Profit = Cost Price  Selling Price Profit = Selling Price  Cost Price Cost Price = Selling Price + Profit Selling Price = Cost Price  Profit

Q 7: Mike can do more work than Peter in one day. This tells that ___ can complete independently the piece of work in a short period. Mike Peter

Q 8: The interest agreed to be paid per year as a percentage is called the _____. rate amount principal

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Question 10: This question is available to subscribers only!

