Practice math test 10 on math applications MCQs, grade 8 math applications multiple choice questions and answers. Math applications revision test has math worksheets, answer key with choices as \$250,000, \$240,000 , \$210,000 and \$230,000 of multiple choice questions (MCQ) with math applications quiz as hazel borrowed \$250000 for 7 years at interest rate of 12% per year. interest he must have to pay is for competitive exam prep. Free math study guide to learn math applications quiz to attempt multiple choice questions based test.

MCQ. Hazel borrowed \$250000 for 7 years at interest rate of 12% per year. interest he must have to pay is

1. \$240,000
2. \$250,000
3. \$210,000
4. \$230,000

C

MCQ. In 2012, Jennifer earned gross annual income of \$75000. She is entitled to following reliefs: personal \$3500; wife \$2500; 2 children \$1500 each, life insurance premiums =\$15,400 and gifts to charitable income = \$25,350 then Jennifer's income tax is

1. \$2,175.50
2. \$2,075.50
3. \$1,875.50
4. \$1,975.50

C

MCQ. If refrigerator cash price is \$1050 and shop owner offers it on 15% deposit plus 24 monthly payments then price refrigerator offered by shop is

1. \$1,517.50
2. \$1,717.50
3. \$1,817.50
4. \$1,917.50

B

MCQ. Marry bought 180 mugs at \$60 per dozen. If he sells each mug for \$8 then profit as percentage of selling price is

1. 32.50%
2. 37.50%
3. 38.50%
4. 40%

B