Business Arithmetic — %, Profit & Loss, InterestMargin on cost or margin on price? Twenty-four money questions where the wrong method has its own option.
Business Arithmetic measures applied numeracy through 24 workplace-money items in 22 minutes: markups and margins, successive discounts, GST both ways, simple versus compound interest, depreciation, commission slabs and break-even. You receive a banded Numerical Reasoning score and the working for every item.
In brief
Business Arithmetic — %, Profit & Loss, Interest is an online assessment in AssessAll's Aptitude Catalogue line taking about 22 minutes. It measures numerical reasoning. It is built for graduates and freshers preparing for the quantitative section of a campus or bank aptitude round.
| Format | Online, one sitting |
|---|---|
| Duration | About 22 minutes |
| What it measures | Numerical Reasoning |
| Built for | Graduates and freshers preparing for the quantitative section of a campus or bank aptitude round; Applicants for junior finance, accounts, procurement, sales-ops and retail management roles; Hiring teams screening commercial and operations roles for reliable everyday numeracy |
| Scoring | Evidence-keyed |
| Report | Available immediately after submission |
| Currencies | INR and USD |
Distractors that are the exact answer to the wrong method
A wholesaler buys at one price and marks up by a quarter; a retailer quotes gross margin on selling price and you must recover cost; the rupee weakens against the dollar and an import invoice grows by an amount you must compute; a price rises by a fifth and unit sales fall by a tenth, and the question is what happened to revenue. Twenty-four items cover markup and margin on both bases, successive discounts, GST added and stripped, simple and compound interest, straight-line and reducing-balance depreciation, slab commissions, break-even, ratios and working capital — the arithmetic every junior professional is trusted with.
The bank is original and follows the applied business numeracy conventions used in graduate and junior-professional screening internationally. What makes it sharp is the distractor design: every wrong option is the exact figure the classic wrong method produces — margin computed on cost when the question says price, discounts added instead of compounded, straight-line depreciation where reducing-balance was asked. There is no option you can eliminate for looking silly. Keys are verified by computation and every explanation shows the working, so the review teaches the method, not just the answer.
The report scores Numerical Reasoning as a banded competency from Emerging to Exceptional, with a coaching interpretation written for finance, sales-ops, procurement and commercial roles where these calculations are daily work. The question-by-question review is where the value sits: each miss is named by the wrong method that produced it, so you learn which confusion — margin base, discount stacking, interest type — is yours. The growth plan orders those confusions by frequency and tells you what to practise.
What you walk away with
Your 0–100 score is banded Emerging, Developing, Strong or Exceptional with an interpretation written for the roles that use this arithmetic: junior finance, sales operations, procurement, retail management and commercial support.
Because each distractor is a specific wrong method's output, the review can tell you not just that you missed a margin item but that you computed margin on cost when price was asked. Errors become named habits you can correct.
Every explanation shows the calculation step by step — the base, the rate, the order of operations — including GST stripped backwards from an inclusive price and compound interest compared with simple over the same term.
The AI-written narrative reads your misses across the six topic families and the plan prioritises the one that cost you most, with concrete practice directions for it before recommending the next numeracy test in the catalogue.
Inside your report
Illustrative sample — your report is generated from your own responses.
Band edges at 40, 60 and 80. Each band carries its own coaching interpretation for that competency.
Assembled from your lowest competencies, in order — not a generic checklist.
One number, one band, and a two-sentence summary of what the band means for you — then the breakdown that explains it.
Built for
- Graduates and freshers preparing for the quantitative section of a campus or bank aptitude round
- Applicants for junior finance, accounts, procurement, sales-ops and retail management roles
- Hiring teams screening commercial and operations roles for reliable everyday numeracy
- Early-career professionals who want to stop mixing up margin on cost and margin on price
Getting margin wrong by the base is how a quote loses money and looks correct.
Twenty-four items in 22 minutes, each explained with full working and the wrong method named.
Take free · full report ₹150 (incl. GST)
Frequently asked questions
Twenty-four items on the money arithmetic of everyday business: markup and margin on cost and on price, successive discounts, GST added and removed, simple versus compound interest, depreciation, commissions with slabs, break-even, currency movements, ratios and working capital. It suits graduates preparing for quantitative aptitude sections and applicants to junior finance, procurement, sales-ops and retail roles, as well as the teams screening them.
Each item has one key verified by computation, and every distractor is the exact figure a documented wrong method produces — margin on the wrong base, discounts added instead of compounded, the wrong depreciation method. No option looks implausible, so elimination and guessing collapse to chance. Correct answers roll into a banded Numerical Reasoning score from 0 to 100. The band describes where you stand, not a cut-off.
Twenty-two minutes for 24 items in one sitting on any device. Your report is generated immediately: overall banded score, a Numerical Reasoning bar with a coaching interpretation, an AI-written narrative, strengths and development areas, a prioritised growth plan and a question-by-question review with full working and the wrong method named for every miss. The whole report is included; there is nothing further to unlock.
Candidates should read the review by confusion type — margin base, discount stacking, interest type — practise the family that cost most, and retake to confirm the fix. Hiring teams use the band as a consistent screen for commercial and finance-support roles and the explanations as interview material, asking a candidate to talk through one of their own misses. The report is yours to keep and share.
Yes. Figures are in rupees and one block uses GST, but every method — margin, discount, interest, depreciation, break-even, exchange-rate impact — is identical under any currency or sales-tax regime, and the formats follow international applied-numeracy screening conventions. Bands are descriptive, not tied to a national norm. The test is priced in INR and USD; this page shows the live price for you.
Numerical, verbal, logical, abstract, spatial, data and workplace-judgment banks — each an original item bank with every rule stated in the explanation, scored per competency and reported with a banded profile and a growth plan. Sit one, or build a battery from several.
See the aptitude catalogue →Methodology: Original AssessAll item bank covering applied business numeracy conventions used in graduate and junior-professional screening internationally. Distractors anchored to documented wrong-method calculations (margin-on-cost vs margin-on-price, straight-line vs reducing-balance, additive discounts). Not affiliated with any third-party instrument.
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