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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: 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!


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