Business Math Worksheet 1

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BUSINESS MATH WORKSHEETS

1. A trader offers a discount of 10% on the marked


price of a bag, and sells it for $1600. Find the
marked price of the bag.

2. The premium on an insurance policy is 20% for the


first year, 15% on the second year, and 10% for the
third year. Find the total premium paid for a policy
of $40,000.

3. A shopkeeper offers two successive discounts of 20%


and 10% respectively on an article. What is the
total discount received by the customer?

4. Find the profit percent on selling a t-shirt for


$80. The cost price of the t-shirt is $64.

5. A computer has been marked up by 30% over its cost


price. Find the marked price of the computer, if its
cost price is $4000.

6. The cost price of 15 oranges is equal to the selling


price of 12 oranges. Find the profit or loss
percentage.

7. There is a depreciation of 10% per annum on a photo


copying machine. Find the value of the machine after
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two years, if the present cost of the machine is
$20,000.

8. The value of a stock appreciates by 20% in the first


year and then depreciates by 10% in the second year.
What is the present cost of the stock, if it was
purchased two years ago for $300?

9. The selling price of a book is five fourth of its


cost price. Find the profit percentage.

10. A table was sold for a loss of 10%. Had it been


sold for $120 more, there would have been a gain of
20%. Find the price of the table.

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1) $2000

2) $1800

3) 28%

4) 25%

5) $5200

6) Profit of 25%

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7) $16,200

8) $324

9) 25%

10) $400

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