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Grade 8 - Mathematics
9.40 Business Mathematics Review Test

Q 1: Jack and Jill started a business with $2000 and $6000 and Jill withdraw his capital after 8 months, then the ratio in which the two should divide the profit at the end of the year would be _______.
2:1
1:2
1:3

Q 2: The interest agreed to be paid per year as a percentage is called the _____.
rate
principal
amount

Q 3: M.P. = $35, discount = $5, then discount percent = _____.
12 1/2%
11 1/2%
123%
14%

Q 4: If the cost price is $528 and profit is $44, then the percentage of profit = _____.
12 1/4%
7 1/2%
-6 1/8%
8 1/3%

Q 5: Cost price is $550 and profit is $65, then selling price is $______.
Answer:

Q 6: If S.P. = $42 and discount = $3 then M.P. = ______.
45
41
47
43

Q 7: Given discount percent = 25%, then the fraction to be multiplied with the market price to get selling price = ______.
1/2
3/4
1/4
1/25

Q 8: If M.P. = $54 and discount = $6 then S.P. = $______.
48
46
42
44

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Question 10: This question is available to subscribers only!


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