Business Mathematics
Authored by RICHARD HIDALGO
Mathematics
11th Grade
CCSS covered
Used 19+ times
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35 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Meaning of profit is..
A. Total money obtained by selling goods
B. Difference of fixed price and selling price
C. Value remaining after subtracting expenses from earnings
D.Total expenses in transaction
Tags
CCSS.7.EE.B.3
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following is computed as the markup amount divided by the product cost?
A. Markup based on selling price
B. Cost
C. Selling price
D. Markup based on cost
Tags
CCSS.6.RP.A.3B
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following is the amount by which the cost of a product is increased in
order to derive the selling price.
A. Margin
B. Markup
C.Cost
D. Selling price
Tags
CCSS.6.RP.A.3C
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
It is the sum of the cost of the product and expenses.
A. Operating Expenses
B. Original Price
C. Selling Price
D. Total Cost
Tags
CCSS.7.NS.A.1C
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A restaurant offered a promo sale, the original price of a dinner steak was ₱ 849 and
was sold at ₱ 619. What is the mark-down?
A. Php 230
B. Php 250
C. Php 270
D. Php 290
Tags
CCSS.7.EE.B.3
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Jerson spends ₱3 500.00 in assembling a mountain bike. He wants to sell it with 30%
margin. How much should he sell it?
A. ₱6 000.00
B. ₱7 000.00
C. ₱4 000.00
D. ₱5 000.00
Tags
CCSS.6.RP.A.3C
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A trader was able to buy an item with a list price of ₱650.00 per piece. What is the discount
rate, if the trader paid ₱11 960.00 for 20 pieces order of the item?
A. 11%
B. 10%
C. 9%
D. 8%
Tags
CCSS.6.RP.A.3C
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