Business mathematics MCQs, business mathematics quiz answers 7 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. Free online math, discount formula, business partnership test for secondary school teaching certification.

Learn high school math multiple choice questions (MCQs): Free online math, discount formula, business partnership, with choices list price, sales price, discount, and marked price 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 sold out by a shopkeeper is known as

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

B

MCQ: Price of an item written on list that is provided by manufacturer to trader is known as

1. sales price
2. list price
3. discount
4. marked price

B

MCQ: If capital of partners are invested for different length of times, whether equal or unequal, partnership is said to be

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

C

MCQ: If Selling price is Selling Price, cost price is Cost Price, then profit is earned when,

1. Selling Price < Cost Price
2. Cost Price < Selling Price
3. Selling Price = Cost Price
4. none of above

B

MCQ: A shopkeeper earns o profit of 30% by selling a table for \$2500. cost price should be

1. 1900
2. 2000
3. 1923
4. 2150

C