Basic Mathematics – 1

1. (Cost Price – Selling Price ) is equal to

2. If the capital of partners are invested for the same length of time, the partnership is said to be
none of the above

3. The price at which a particular item is purchased by a shopkeeper is known as

4. (Discount  ⁄  MP) $\times$ 100 is equal to

5. A deduction that is offered on the mp or the list price of items by the seller to the purchaser is called

6. If the selling price of an item is greater than its cost price, then we earn

7. (Loss⁄Cost Price) $\times$ 100 is equal to

8. Sara and Ali earned a profit of $500,000 from a business and their ratio of investment was 5:8, respectively. The profit of each should be

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

10. A phone was purchased for £4000 and sold for £4800. The profit percentage should be

11. (Profit + cost) price is equal to

12. If the sales price is 672 and the profit is 5%, then the cost price should be

13. During the sale, a shop offers a discount of 8% on the marked price. If the marked price is $5500, then the purchase price of an oven should be

14. (Profit  ⁄ Cost Price) $\times$ 100 is equal to

15. (Selling Price – Cost Price) is called

16. The marked price of a fan is £850, it is sold for £800. The percentage discount allowed is

17. The annual income of a person is £530,000 and the exempted amount is £280,000. The income tax payable at the rate of 0.75% would be

18. Marked price – sales price is equal to

19. If the selling price is selling price, the cost price is cost price, we get a loss when

20. (Cost price – Loss) is equal to