Learn business mathematics MCQs, grade 9 math test 4 for online learning courses and test prep. Profit and loss multiple choice questions (MCQs), business mathematics quiz questions and answers include math worksheets for online mathematics for kids courses distance learning.

Math multiple choice questions (MCQ): if sales price of an item is less than its cost price, then difference is said to be with options loss, profit, discount and marked price, profit and loss quiz with online tests for distance learning after learning theories from school textbooks. Free math study guide to learn profit and loss quiz 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