Business mathematics MCQs, business mathematics quiz answers 4 to learn secondary education online courses. Profit and loss multiple choice questions (MCQs), business mathematics quiz questions and answers for for online secondary education degree. Profit and loss, business partnership test for secondary school teaching certification.

Learn high school math multiple choice questions (MCQs): Profit and loss, business partnership, with choices selling price, discount, loss percentage, and profit percentage 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: If sales price of an item is less than its cost price, then difference is said to be

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

B

MCQ: (Profit ⁄Cost Price) × 100 is equal to

1. discount
2. selling price
3. loss percentage
4. profit percentage

D

MCQ: Selling price of 15 books is equal to cost price of 12 books. profit percentage should be

1. 0.25
2. 0.4
3. 0.3
4. 0.2

A

MCQ: If capital of partners are invested for same length of time, partnership is said to be

1. joint venture
2. simple partnership
3. Complex partnership
4. none of above

B

MCQ: (Cost price - Loss) is equal to

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

A