Business mathematics MCQs, business mathematics quiz answers 2 to learn secondary school math courses online. Profit and loss multiple choice questions (MCQs), business mathematics quiz questions and answers for online secondary education degree. Profit and loss, discount formula test for secondary school teaching certification.

Learn high school math multiple choice questions (MCQs): Profit and loss, discount formula, with choices 649, 630, 640, and 700 for online secondary education degree. Free math study guide for online learning profit and loss quiz questions to attempt multiple choice questions based test.

MCQ: Price at which a particular item is purchased by a shopkeeper is known as

1. cost price
2. discount
3. selling price
4. mp

A

MCQ: If Sales Price is 672 and profit is 5%, then cost price should be

1. 630
2. 649
3. 640
4. 700

C

MCQ: A trader sold a television for \$1500. price should he sell to get a profit of 20% is

1. 1500
2. 1700
3. 1800
4. 2000

C

MCQ: If Selling price is Selling Price, cost price is Cost Price, we get loss when

1. Selling Price = Cost Price
2. Selling Price = 2(Cost Price)
3. Selling Price < Cost Price
4. Cost Price < Selling Price

C

MCQ: A deduction that is offered on mp or list price of items by seller to purchaser is called

1. selling price
2. discount
3. profit
4. none of above

B