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

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

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

Q 4: Amount = Principal + ________. Rate Time Interest

Q 5: The money contributed by partners in a business is called _____. investment market price profit

Q 6: If S.P. = $840, Loss = 16%, then C.P. = $______. 1075 1025 1000 1050

Q 7: Using the normal convention, simple interest R = 100I/PT. True False

Q 8: If the selling price is more than the cost price there is ____. profit no gain loss

Question 9: This question is available to subscribers only!

Question 10: This question is available to subscribers only!

