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Grade 8 - Mathematics
9.40 Business Mathematics Review Test


Name: ___________________

Date:___________________

Grade 8 - Mathematics
9.40 Business Mathematics Review Test

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

Q 2: If C.P. = $220, Gain = 5%, then S.P. = $_____.
241
261
231
251

Q 3: If M.P. = $54 and discount = $6 then S.P. = $______.
44
48
42
46

Q 4: Mike can do more work than Peter in one day. This tells that ___ can complete independently the piece of work in a short period.
Peter
Mike

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

Q 6: Manufacturers sell articles to the whole sale dealers at a lower price than the market price. This reduction is known as _______.
gain reduction
loss reduction
profit discount
trade or volume discount

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

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Question 10: This question is available to subscribers only!


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