LONG QUIZ 1 IN BUSINESS MATHEMATICS

I. Perform the indicated operation of the following fractions. Express your answer in lowest
term.
11 3 1
1. + +
15 4 2
3 1 3
2. 1 4 +2 +5
8 6 4
20 1
3. −
27 6
2 1
4. 10 −3
3 6
4 1
5. 2 x8
5 7
4 6
6. x
5 7
2 5
7. x
11 6
3 1
8. 10 ÷ 3
5 10
1
9. 10 ÷ 2
2
5 1
10. ÷
8 4
II. The chart below shows the probability of randomly selecting a student with a particular hair
color.
Hair Color Expression in words Decimal Fraction Percent
Brown nine out of twenty
Black 0.025
Blonde 9
25
Red 1
5 %
2
Others One hundred ten out of one thousand
III. Find what is asked in each problem.
1. What percent of 300 is 75?
2. What percent of 125 is 250?
3. What percent of 250 is 100?
4. 125 is 250% of what number?
5. 45% of 70 is what number?
6. 110% of what amount is ₱660.00?
7. ₱120.00 is 180% of what number?
8. 85% ₱78.00 is what amount?
9. 45% of 70 is what number?
10. 110% of what amount is ₱660.00?
IV. Word Problems.
1. Tessie, Becky, and Cely are partner. Their partnership incurred a net loss of P20, 000.00
for the first half of the year. They agreed that their profit or loss ratio is to be 5/8 to
Tessie, ¼ to Becky, and the reminder to Cely.
a. Compute the share of each in the loss.
b. What fractional part of the total loss was Cely’s share?
c. Prepare a pie chart to show the division of the net loss.
2. SUCCESS CORPORATION, a tractor manufacturing firm manufactured a total of 60
tractors for the past year.
a. If it sold 75% of its total production, what percent remains unsold?
b. How many were sold and how many were left unsold?
c. If the company targets to produce 120% of what it produced last year, how many
would they produce for the current year?
d. If they were to sell the same percentage as last year, how many would they sell and
how many would remain unsold?