Learn business mathematics MCQs, grade 9 online math test 1, business partnership multiple choice questions and answers. Business partnership revision test has math worksheets, helping answer key with choices as \$150,000 and \$350,000, \$200,000 and \$300,000, \$450,000 and \$50,000 and \$192,308 and \$307,692 of multiple choice questions (MCQ) with business partnership quiz as sara and ali earned a profit of \$500, 000 from a business and their ratio of investment was 5 : 8 respectively. profit of each should be for competitive exam prep, viva interview questions. Free math study guide to practice business partnership quiz to attempt multiple choice questions based test.

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