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MCQ

This document contains a multiple choice exam with questions related to business, finance, and mathematics. Some key details include: - Question 1 asks about profit sharing between two parties with different investment amounts. - Several questions ask about concepts like cost price, selling price, profit, loss, discount, and marked price. - Other questions involve calculating percentages, profits, losses, and costs based on financial information provided. - Mathematical questions involve operations like fractions, percentages, and rounding.
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0% found this document useful (0 votes)
329 views3 pages

MCQ

This document contains a multiple choice exam with questions related to business, finance, and mathematics. Some key details include: - Question 1 asks about profit sharing between two parties with different investment amounts. - Several questions ask about concepts like cost price, selling price, profit, loss, discount, and marked price. - Other questions involve calculating percentages, profits, losses, and costs based on financial information provided. - Mathematical questions involve operations like fractions, percentages, and rounding.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Villa Luna National High School 12.

If Cost Price is 940 and profit is 7%, then sales price


First Quarterly Examination in Earth Science should be
A. 800
I. Multiple Choices. Write your answer on a sheet of B. 874
paper (1/2 length twice) C. 900
D. 820 
1. Sara and Ali earned a profit of $500, 000 from a 13. A phone was purchased for $4000 and sold for
business and their ratio of investment was 5 : 8 $4800. profit percentage should be
respectively. profit of each should be A. 0.3
A. $200,000 and $300,000 B. 0.2
B. $150,000 and $350,000 C. 0.25
C. $450,000 and $50,000 D. 0.4
D. $192,308 and $307,692 14. Marked price - sales price is equal to
2. (Cost price - selling) price is equal to A. profit
A. discount B. discount
B. marked price C. list price
C. profit D. none of above
D. loss 15. If sales price of an item is less than its cost price, then
3. (Selling price - cost price) is called difference is said to be
A. loss A. profit
B. marked price B. loss
C. discount C. discount
D. profit  D. marked price
4. During sale, a shop offers a discount of 8% on 16. (Profit ⁄Cost Price) × 100 is equal to
marked price. If marked price is $5500, then purchase A. discount
price of an oven should be B. selling price
A. 5060 C. loss percentage
B. 5000 D. profit percentage
C. 5090 17. Selling price of 15 books is equal to cost price of 12
D. 5200 books. profit percentage should be
5. Price at which a particular item is purchased by a A. 0.25
shopkeeper is known as B. 0.4
A. cost price C. 0.3
B. discount D. 0.2
C. selling price 18. (Cost price - Loss) is equal to
D. mp  A. selling price
6. If Sales Price is 672 and profit is 5%, then cost price B. marked price
should be C. profit
A. 630 D. discount
B. 649 19. Marked price of a fan is $850, it is sold for $800.
C. 640 percentage discount allowed is
D. 700  A. 0.065
7. A trader sold a television for $1500. price should he B. 0.07
sell to get a profit of 20% is C. 0.058
A. 1500 D. 0.09
B. 1700 20. John bought 5 pies for $10 and sold 8 pies for $10,
C. 1800 lost percentage should be
D. 2000  A. 0.25
8. If Selling price is Selling Price, cost price is Cost B. 0.28
Price, we get loss when C. 0.285
A. Selling Price = Cost Price D. 0.3 
B. Selling Price = 2(Cost Price) 21. Sara bought a shirt for $135 and sold it for $110 to
C. Selling Price < Cost Price her friend. Her loss percentage is
D. Cost Price < Selling Price  A. 0.185
9. A deduction that is offered on mp or list price of B. 0.23
items by seller to purchaser is called C. 0.2
A. selling price D. 0.176 
B. discount 22. John and Peter purchased Computer with an
C. profit investment of $16, 000 and $20, 000 respectively.
D. none of above They earned a profit of $5000. share of each should
10. Mp of a doll is 950 and 5% discount is offered on be
cash payment. amount to be paid should be A. $2,222 and $2,778
A. 920 B. $2,000 and $3,000
B. 903 C. $1,800 and $3,200
C. 910 D. $2,500 and $2,500
D. 940 23. (Loss⁄Cost Price) × 100 is equal to
11. If Cost Price is 850 and profit is 10%, then sales price A. discount
should be B. selling price
A. 900 C. loss percentage
B. 925 D. profit percentage
C. 930
D. 935
24. If selling price of an item is greater than its cost price, A. P1,255 B. P455
then we earn C. P1,820 D. P1,200
A. nothing 39. The gross weekly pay is P424. His earnings to date
B. profit for the year total P11,700 What amount is deducted
C. loss from her pay this week for Social Security, which is
D. discount taxed at 6.4 percent?
25. (100 × Selling price)⁄100 + profit % is called A. P748.80 B. $424
A. cost price C. $25.44 D. $27.14
B. marked price 1
C. profit
D. discount 40. Write the answer in lowest terms. 12 5 + 9
26. (Profit + cost) price is equal to 7
A. selling price
B. loss
8
C. marked price 3
D. discount A. 21 40 B. .21
27. Which of the following fractions is equal to ¼
1 3
12 48
C. 22 10 D. 22 40
A. 60 B. 12
41. Market Systems provides medical coverage through a
36 26 group medical plan for employees. The annual cost
C. 108 D. 104 of the family membership is P7,250 The company
pays 49 percent of the cost How much do the
28. John earns P8.35 an hour. Last week he worked 21
employees contribute for medical insurance.
hours. This week he worked 33 hours.
A. $7,250 B. $3,552.50
What is his straight time pay for the two weeks?
C. $0 D. $3,697.50
42. Write 0.00537 as a percent.
A. P460.90 B. P450.90
A. .537% B. 5.37%
C. P275.55 D. P409.15
C. .00537% D. 53.7%
29. Round to the nearest hundredth. 11.6479
43. A bag contains 50 P, 25 P and 10 P coins in the ratio
A. 11.7 B. 11.65
5: 9: 4, amounting to Rs. 206. Find the number of
C. 11.64 D. 11.6
coins of each type respectively.
30. What is 6 ¾ % of $ 7,600.00.
A) 360, 160, 200 B) 160, 360, 200
A. 513 B. 520
C) 200, 360,160 D) 200,160,300
C. 456 D. 479.25
44. A mixture contains alcohol and water in the ratio 4 :
31. An accountant makes $57,000.00 per year. What is
3. If 5 liters of water is added to the mixture, the ratio
the monthly salary?
becomes 4: 5. Find the quantity of alcohol in the
A. 4,800 B. 4,750
given mixture.
C. 5,000 D. 4,850
A) 10 B) 12
32. Write 12.34% as a decimal.
C) 15 D) 18
A. 1.234 B. .1234
45. If Rs. 782 be divided into three parts, proportional to
C. 12.34 D. 123.4
12:23:34, then the first part is?
33. Shu Nga salary for a four-week period was
A) Rs. 182 B) Rs. 190
P7,396.00. What is the weekly salary?
C) Rs. 192 D) Rs. 204
A. 1,850 B. 1,800.
46. Two numbers are respectively 20% and 50% more
C. 1,849 D. 7,396
than a third number. The ratio of the two numbers is:
34. If a job has salary of P470 a week, how much would
A) 2:5 B) 3:5
it pay for a year?
C) 4:5 D) 5:4
A. P24,440 B. P1,880.
47. A sum of Rs.312 was divided among 100 boys and
C. P22,560 D. P24,960
girls in such a way that the boy gets Rs.3.60 and each
35. A real estate agent makes 8% straight commission on
girl Rs. 2.40 the number of girls is
each sale. What is the commission on the sale of a
A) 35 B) 40
P425,000.00.
C) 45 D) 50
A. P3,400 B. P34,000
48. In a zoo, there are rabbits and pigeons. If heads are
C. P29,750 D. P34,560
counted, there are 340 heads and if legs are counted
36. A car salesman makes 10 percent commission on the
there are 1060 legs.How many pigeons are there?
first P10,000 and 12 percent on all sales over
A) 120 B) 150
P10,000. How much commission will be earned on
C) 170 D) 180
P22,500.00 in sales?
49. In a college, the ratio of the number of boys to girls is
A. P1,000 B. P2,700
8 : 5. If there are 160 girls, the total number of
C. P2,500 D. P2,600
students in the college is
37. Write the remainder as a fraction 17,453 ÷ 23
A) 100 B) 250
9
C) 260 D) 416
A. 23 B. .83 50. The ratio of Pens and Pencils in a shop is 3 : 2
1 19 respectively. The average number of Pens and Pencils
is 180. What is the number of Pencils in the shop?
C. 5 D. 23 A) 444 B) 344
C) 244 D) 144
38. Thomas gets paid by commission based on sales. He
earns 3.5% on the first P3,000, 9% on the next Prepared by,
P5,000, and 14% on sales over P8,000. Last month
he sold P13,000 worth of merchandise. What is his Jayson S. Pascua
total commission?
Teacher

Checked by,

Marites M Luna
SSP II

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