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 price profit loss selling price

Q 3: If P=Principal, T=Time, and R=Rate, then Simple Interest I = _______. P/100TR 100P/TR PTR/100

Q 4: The method of finding interest in which both principal and interest on successive years keep on increasing is called. Growing Interest Simple Interest Variable Rate Compound Interest

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

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

Q 7: If S.P. = $840, Loss = 16%, then C.P. = $______. 1050 1025 1000 1075

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!

