1st Periodical Examination in Business Mathematics

Tell whether the following ratio is proportioned or not:  $\frac{12}{36}=\frac{8}{24}$  

• proportioned

• not proportioned

Tell whether the following ratio is proportioned or not:  $7:1=49:7$  

• proportioned

• not proportioned

Tell whether the following ratio is proportioned or not:  $115:230=58:115$  

• proportioned

• not proportioned

Tell whether the following ratio is proportioned or not:  $\frac{2}{3}=\frac{6}{18}$  

• proportioned

• not proportioned

Tell whether the following ratio is proportioned or not:  $4:20=1:5$  

• proportioned

• not proportioned

A business is said to be in breakeven if the total revenue generated is equal to the total cost incurred.

• True

• False

The margin is addressing the profit as it relates to selling price.

• True

• False

A markdown is given by manufacturers to retailers.

• True

• False

The loss is the amount of money that still needs to be settled after all the costs and payables have been deducted from the earnings generated.

• True

• False

Profit is the amount of money left after all the costs and payables have been added from the earnings generated.

• True

• False