Business Mathematics Multiple Choice Questions and Answers 1 PDF Book Download

Business mathematics multiple choice questions (MCQs), business mathematics quiz answers, test prep 1 to learn online secondary school math for Cambridge 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 high school math MCQs: business partnership, profit and loss, discount formula, with choices legal entity, partnership, insurance, and none of above for school certificate. Free math study guide for online learning business partnership quiz questions to attempt multiple choice test for online education.

MCQs on Business Mathematics Worksheets 1 PDF Book Download

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


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


MCQ: (Cost price - selling) price is equal to

  1. discount
  2. marked price
  3. profit
  4. loss


MCQ: (Selling price - cost price) is called

  1. loss
  2. marked price
  3. discount
  4. profit


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