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 Q 1: The relation between cost price, selling price and profit is:Selling Price = Cost Price - ProfitCost Price = Selling Price + ProfitProfit = Cost Price - Selling PriceProfit = Selling Price - Cost Price Q 2: Matt and John started a business with capitals of \$3000, and \$5000 respectively and made a profit of \$1880, then Matt's share of the profit would be _____.\$705\$800\$930 Q 3: If the cost price is \$640, selling price is \$680, profit percentage is ______.3 1/8%12%6 1/4%5 3/4% Q 4: Discount is always calculated on the ____ only.None of theseselling pricemarket pricecost price Q 5: Peter can do 1/49th of a piece of work in a day, then he can do the the complete work in ____ days.491/49 Q 6: The money contributed by partners in a business is called _____.profitmarket priceinvestment Q 7: Manufacturers sell articles to the whole sale dealers at a lower price than the market price. This reduction is known as _______.trade or volume discountprofit discountloss reductiongain reduction Q 8: If S.P. = \$42 and discount = \$3 then M.P. = ______.41434745 Question 9: This question is available to subscribers only! Question 10: This question is available to subscribers only!

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