General Mathematics Exam

Name: __________________________________ Score: ____________

Grade/Section: _____________ Parent's Signature: ______________

I. MULTIPLE CHOICE. Read each question carefully and shade the letter of the correct answer in
a box provided. NO ERASURE.

A B C D A B C D E A B C D E A B C D E
1. O O O O 6. O O O O O 11. O O O O O 16. O O O O O
2. O O O O 7. O O O O O 12. O O O O O 17. O O O O O
3. O O O O 8. O O O O O 13. O O O O O 18. O O O O O
4. O O O O 9. O O O O O 14. O O O O O 19. O O O O O
5. O O O O 10. O O O O O 15. O O O O O 20. O O O O O

1. It is the sum of the principal and the interest which is accumulated at a certain time.
A. Final amount B. Principal amount C. interest D. none of these

2. Which of the following is the correct formula to compute the rate of interest of the deposit or
loan?
I t P
A. r B. r C. r D. r = (P)(I)(T)
Pt PI It
3. A declarative sentence that can be classified as true or false, but not both is called A.
Logic B. Proposition C. Tautology D. Fallacy
  
4. The two propositions connected using the word and.
A. Disjunction B. conditional C. negation D. conjunction

5. The ____ of a given statement is a statement that is false whenever the given
statement is true and true whenever the given statement is false.
A. Conjunction B. negation C. disjunction D. conditional

6. The yearly interest payable on a deposit of ₱250 at 5.5% per annum simple interest is:
A. ₱137.50 B. ₱13.75 C. ₱12.50 D. ₱125.00 E. ₱17.35

7. The interest on ₱12 167 invested for 5 years at 2.5% simple interest per annum would be
nearest to:
A. ₱1220.87 B. ₱1521 C. ₱1520.88 D. ₱152.10 E. ₱152.09

8. Sarah received $75 interest on her term deposit of ₱450 over 3 years. The simple interest rate
per annum was:
A. 56% B.5.6% C. 22% D. 0.55% E. 11.2%

9. Tom earned ₱504 when he invested $16 820 for 8 months. His rate of simple interest was:
A. 0.37% B. 2.00% C. 3.00% D. 4.49% E. 5.00%

10. John invested a sum of money, which earned ₱750 simple interest at the rate of 6% per
annum over 2 years. The amount invested was:
A. ₱88.80 B. ₱6250 C. ₱3125 D. ₱2125 E. None of these.

11. Tom has the choice of investing his money in compound interest with rests as indicated
below. Which situation would return him the most interest?
A. yearly rests B. six-monthly rests C. quarterly rests D. monthly rests E. daily rests

12. An investment of ₱10 000 at the rate of 8% per annum, compounded quarterly, will reach ₱14
800 in close to:
A. 1 year B. 2 years C. 3 years D. 4 years E. 5 years

13. An investment of ₱10 000 to be invested for a period of 5 years and compounded quarterly at
3.75% per annum will have a future value closest to which of the following:
A. ₱10 480 B. ₱12 020 C. ₱12 050 D. ₱20 900 E. None of the above.
 14. Cathy invested ₱8200 at the rate of 4.5% per annum( p.a.). It earned ₱738 simple interest.
The period of investment was:
A. 6 months B. 1 year C. 2 years D. 2 years 6 months E. 3 years

15. A 500-g packet of chocolate costs ₱2.50. Assuming inflation averages 2.8% per annum over
each of the next 3 years, how much will the chocolate cost in three years?
A. ₱2.64 B. ₱2.72 C. ₱2.79 D. ₱2.87 E. ₱2.95

16. An investment of ₱10 000 at the rate of 8% per annum, compounded quarterly, will reach ₱14
800 in close to:
A. 1 year B. 2 years C. 3 years D. 4 years E. 5 years

17. The growth of an investment over a period of time is shown as a graph which depicts a
straight line. Which of the following investments would depict a straight line?
A. 6% p.a. simple interest B. 6% p.a. compounding yearly C. 6% p.a.
compounding quarterly D. 6% p.a. compounding monthly E. 6% p.a. compounding daily

18. How long would it take for ₱5000 invested at 5% p.a. compound interest with yearly rests to
double in value?
A. 5 years B. 7 years C. 10 years D. 14 years E. 20 years

19. An interest rate of 4.5% per annum (p.a.) compounding monthly is equivalent to an effective
interest rate of:
A. 4.50% p.a B. 4.55% p.a. C. 4.57% p.a. D. 4.59% p.a. E. 4.60% p.a.

20. Which of the following compounding rates is equivalent to an effective interest rate of 2.75%
p.a.?
A. 2.7% p.a. compounding six-monthly B. 2.75% p.a. compounding yearly
C. 2.6% p.a. compounding quarterly D. 2.6% p.a. compounding monthly
E. 2.6% p.a. compounding daily

II. TRUTH TABLES

Construct truth tables.

1. p q p
p ______ q ______ ______



2. p  (q  p)

p ______ ______ ______ ______



3. ( p  q) r

p ______ q ______ r
