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Online Quiz (Worksheet A B C D)

Questions Per Quiz = 2 4 6 8 10

Grade 8 - Mathematics
9.40 Business Mathematics Review Test

Q 1: Cost price is $78, selling price is $85, then _____.
gain = $7
loss = $7

Q 2: Using the normal convention, simple interest R = 100I/PT.
False
True

Q 3: A business done jointly by two or more persons is called a ______.
sole proprietorship
partnership
non-profit organization

Q 4: If S.P. = $840, Loss = 16%, then C.P. = $______.
1075
1025
1050
1000

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

Q 6: The sum borrowed or lent is called _______.
rate
interest
loss
principal

Question 7: This question is available to subscribers only!

Question 8: This question is available to subscribers only!


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