Business Mathematics Multiple Choice Questions PDF Download

Multiple Choice Questions and Answers (MCQs) on business mathematics quiz answers PDF, math test 1 for online degree courses. Practice "Business Partnership" MCQs, business mathematics quiz questions and answers for school certificate. Learn business partnership, profit and loss, discount formula test prep for online secondary school classes.

"Sara and Ali earned a profit of $500, 000 from a business and their ratio of investment was 5 : 8 respectively. The profit of each should be" Multiple Choice Questions (MCQ) on business mathematics with choices $150,000 and $350,000, $200,000 and $300,000, $450,000 and $50,000, and $192,308 and $307,692 for school certificate. Free math study guide for online learning business partnership quiz questions for online education.

Business Mathematics MCQs Quiz 1 PDF Download

MCQ: Sara and Ali earned a profit of $500, 000 from a business and their ratio of investment was 5 : 8 respectively. The profit of each should be

  1. $200,000 and $300,000
  2. $150,000 and $350,000
  3. $450,000 and $50,000
  4. $192,308 and $307,692

D

MCQ: An association of 2 or more persons to carry on a business for the purpose of earning profit is known as

  1. partnership
  2. legal entity
  3. insurance
  4. none of above

D

MCQ: (Cost price - selling) price is equal to

  1. discount
  2. marked price
  3. profit
  4. loss

D

MCQ: (Selling price - cost price) is called

  1. loss
  2. marked price
  3. discount
  4. profit

D

MCQ: During sale, a shop offers a discount of 8% on marked price. If the marked price is $5500, then the purchase price of an oven should be

  1. 5060
  2. 5000
  3. 5090
  4. 5200

A