Q 1: If P=Principal, T=Time, and R=Rate, then Simple Interest I = _______. PTR/100 100P/TR P/100TR

Q 2: 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 3: If C.P. = $220, Gain = 5%, then S.P. = $_____. 261 231 251 241

Q 4: Peter can do 1/49th of a piece of work in a day, then he can do the the complete work in ____ days. 49 1/49

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

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

Q 7: Percentage of profit or loss is calculated only on the ______. cost price loss profit selling price

Q 8: If the selling price is less than the cost price there is ______. Answer:

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