# Math Applications Multiple Choice Questions Test 6 pdf Download

Practice math quiz 6 on math applications MCQs, grade 8 profit and loss percentage multiple choice questions. Free profit and loss percentage guide has math worksheet with answering options $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 exam prep. Study to learn profit and loss percentage quiz to attempt multiple choice questions based test.

## MCQs on Math Applications - Quiz 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

- $4.10
- $6.20
- $5.80
- $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

- $13,960.70
- $10,960.70
- $11,960.70
- $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

- $5,400
- $6,500
- $7,000
- $7,200

A

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

- $350
- $300
- $365
- $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

- $125, $60.7
- $123, $69.7
- $108, $65.6
- $110, $68.6

C