2 - Commercial Mathematics
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Practice Questions
Test your understanding with targeted questions
What is the formula to calculate profit?
💡 Hint: Remember it's the Selling Price minus the Cost Price.
What does GST stand for?
💡 Hint: Think about taxes on goods.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is the formula for calculating Loss?
💡 Hint: Think of how much was spent versus how much was earned.
GST is a tax on goods as well as services.
💡 Hint: Remember, it’s a value-added tax.
3 more questions available
Challenge Problems
Push your limits with advanced challenges
A store sells shoes for $120 after applying a discount of 20% on the marked price. What was the marked price?
💡 Hint: Use the formula for selling price with discount to find the marked price.
You borrow $1000 for 2 years at 5% simple interest. How much total will you pay back?
💡 Hint: Remember to calculate the interest and then add it to the borrowed amount.
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