Practice business mathematics Multiple Choice Questions (MCQs), business mathematics quiz answers, test prep 1 to learn secondary school math for online certificate programs. 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.

Learn math MCQs: 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, 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.

MCQ: 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

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 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 marked price is \$5500, then purchase price of an oven should be

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

A