Math Applications Multiple Choice Questions Test 6 Tests pdf Download

Practice math test 6 on math applications MCQs, grade 8 profit and loss percentage multiple choice questions and answers. Profit and loss percentage revision test has math worksheets, answer key with choices as $6.20, $4.10, $5.80 and $7.30 of multiple choice questions (MCQ) with profit and loss percentage quiz as harry bought 50kg of potatoes for resale on his retailer store whereas he paid $2/kg. he expects that 5% potatoes will be rotten. if 95% profit on cost is to be obtained then selling price is for competitive exam prep. Free math study guide to learn profit and loss percentage quiz to attempt multiple choice questions based test.

MCQs on Math Applications Quiz pdf Download Worksheets 6

MCQ. Harry bought 50kg of potatoes for resale on his retailer store whereas he paid $2/kg. he expects that 5% potatoes will be rotten. If 95% profit on cost is to be obtained then selling price is

  1. $4.10
  2. $6.20
  3. $5.80
  4. $7.30

A

MCQ. John invested $8000 at 6.5% per annum compound interest which is compounded daily. amount at end of fifth year is

  1. $13,960.70
  2. $10,960.70
  3. $11,960.70
  4. $12,960.70

B

MCQ. Income tax imposed on first $90000 of income is $4000 and next $20000 is 7%. If chargeable income is $100,000 then tax payable by tax payers is

  1. $5,400
  2. $6,500
  3. $7,000
  4. $7,200

A

MCQ. If a book is sold for $250 at 15% loss on cost then cost price of book is

  1. $350
  2. $300
  3. $365
  4. $294

D

MCQ. Shopkeeper paid $80 each for two pair of shoes. He sell first pair of shoes making profit of 35% of cost price. He sell second pair of shoes at loss of 18% of cost price. selling price of each pair of shoes respectively is

  1. $125, $60.7
  2. $123, $69.7
  3. $108, $65.6
  4. $110, $68.6

C