BUSINESS MATHEMATICS

Submission: Date: May 25 7:00 AM

Gmail: shelaramos5@gmail.com
(Please write all your answers in a whole sheet of pad paper).

NAME:__________________ Section: ________

ACTIVITY:1

Question 1 :

A golf store pays its wholesaler 2,000.00 for a certain club, and then sells it to a golfer
for 3,750.00. What is the markup rate?

Question 2 :

A product is originally priced at 2750.00 is marked 25% off. What is the sale price?

Question 3 :

A product is marked down 15%; the sale price is 6373.00. What was the original price?

Question 4 :

A sells to B an item at 15% profit. B sells the same item to C at 20% profit. If C pays
74,520 for it. What is the price at which A bought the item?
Question 5 :

If good are purchased for 1500.00 and one fifth of them sold at a loss of 15%. Then at
what mark up rate should the rest be sold to obtain a overall mark up rate of 15%?

Question 6 :

By selling 20 articles, a trader gained the selling price of 5 articles. Find the mark up
rate.  

Question 7 : 

A person wants to get 20% mark up rate after selling his object at 20% discount. Find the
required percentage increase in marked price. 

Question 8 :

The selling price of 10 articles is the cost price of 15 articles. Find profit or loss
percentage. 

Question 9 :

On selling 20 units of an item, the profit is equal to cost price of 5 units. Find the mark
mark up rate.  

Question 10 :

Difference between the cost price of two products is 500.00. Difference between the
selling price is 1,000. If one is sold at 20% profit and other one is sold at 20% loss, find
the cost price of each product. 
ACTIVITY:2

Payroll Exercise
Solve the following on the space provided:
1. If an operations manager employee who earns P542,400 per year, what is the monthly
salary?
Solution:
Given: Annual Salary = Php 542,400
Monthly Salary = Annual Salary ÷ 12
= Php 542,400 ÷ 12
=Php 45,200
Thus, the monthly salary is Php 45,200

2. What is the gross pay for an accounting staff who works a total of 52 hours during one
week in a position that pays P480 per hour? Take note that the daily working is 8 hours
and the overtime rate is 135%.
Solution:
Given: Hourly Rate = P480 Regular Hours = 8 hours Overtime = 5 hours
Gross Pay = Regular Pay + Overtime
=
3. Mr.RuelDayrit receives P82 an hour and worked for 39 hours. What was his gross pay?
Solution:
Given:

4. Mr. Jesus Semilla worked 7 hours beyond his 44 hours during the week. If he received
P73 an hour and 140% for overtime, what is his total wages during the week?
Solution:
Given:

5. Michael Nieva receives a daily wage of P615 in a paper company as a printer where he
works 6 days a week. Find his salary for the month of June 2015.
Solution:
Given:

6.EfrenMaranan is an electrical engineer and is paid monthly. His annual salary is

P810,000. How much is his gross pay per month?
Solution:
Given:

7. What amount is earned by a certain employee who works 10 hours on a given day if the
regular rate for the job is P68 and if overtime is paid 150% in excess of 8 hours?
Solution:
Given:

8. Assume JeremieValbuena is paid P47 for every jean he makes, if he produced 123 jeans,
what is his total earnings?
Solution:
Given:

9. Riana was paid P57.50 per hour. Find her gross pay for a day during which she works
10 hours and 20 minutes.
Solution:
Given:

10. Sofia employee of Achaiah was paid P82.75 per hour for a standard work week of 44
hours. Find her total pay for a week in which she worked 53 hours?

ACTIVITY:3

Commission Exercise

Solve the following on the space provided:

1. An appliance salespersons commission rate is 7.9%. If the commission of one of the
washing machine is P410.80, what is the purchase price of the washing machine?

2. Laarni Santiago earns a commission of 11.7% on all the sales she makes. She has a total
of P90,000 in sales last month. Find the amount she earned in a month.
3. An agent received a commission of P56,935 for selling a car worth P965,000. What was
her rate of commission?

4. Geraldine Briones sold her house and lot through a real estate agent for P2.6 million.
The agent charged 8.4% of the sale price for his services. How much was her commission?

5. Francis Nicolas is paid a basic salary of P20,000 a month plus 9.5% commission on all
sales made. Compute for his gross earnings if he made total sales of P185,000.

6. Celeste Saron a salesman, is paid 2.5% commission on the first P12,000; 3.5% on the
next P15,000 and 6.5% on all sales over P25,000. Last month, her total sales were
P64,000. Find the total commission.

7. Annie Espineda, a sales representative, receives a monthly salary of P23,000 plus 3% on

all sales over P1 million. What were her total earnings during the month of December if
her sales amounted to P1.6 million?

8. JoeffreyUy received 10% commission on the product he sold plus 2.5% commission of
the sales made by the representatives under his supervision. If his sales amounted to
P28,000 and the sales made by his 18 representatives amounted to P73,000, how much did
he earn?

9. Uzziel a salesman receives a semi-monthly salary of P10,300 plus a commission of

4.5% of monthly sales. Find his gross earnings for the month of November if his sales
were P200,000.
10. A salesman on a certain boutique was paid a commission of 7% on his sales. If his
sales were P12,000 on Monday, P13,000 on Tuesday, P14,500 on Wednesday, P10,000 on
Thursday, and P15,000 on Friday, find his total commission.

ACTIVITY:4

Taxes Exercise
Solve the following on the space provided:
1. What is the sales tax on a new 7 cubic feet refrigerator was purchased for P10,900 and the sales
rate tax is 8%?

2. Suppose the sales tax rate in Manila is 14%. How much is the sales tax on a P360 basketball
game ticket? What is the total price?

3. The sales tax on P27,200 truck tires is P1,441.60. Find the sales tax rate.

4. Suppose that the sales tax rate in Makati City is 11.8%. How much sales tax is charged on a new
truck if the purchase price is P1,990,000? What is the total price?

5. The sales tax rate paid by the company owner was P42,860. If her gross receipt was
P285,733.33, what was the sales tax rate?

6. The tag on a MacBook shows the selling price to be P74,000. If the sales tax is 6%, how much
will Riana have to pay for the MacBook?
7. A store owner earned a net profit of P1.62 million which is 23% of his gross sales. If the sales
tax is 4% of the gross sales, how much is the sales tax paid?

8. Find the actual price of the food a family consumed at a fast-food chain if the sales tax amounted
to P103.20 which is equivalent to 12% tax.

9. Jhudiel bought a new smartphone for P36,500. This includes 7.2% sales tax. What is the amount
of sales tax and the selling price before the tax?

10. Winston pays a property tax of P16,400. In his community, the tax rate is 4.2%. What is
Winston’s assessed value?
ACTIVITY:5.

Directions: Refer to the bar graph below to answer each question. For each exercise below, click once in the
ANSWER BOX, type in your answer and then click ENTER. Your answer should be given as a word or as a 
whole number. After you click ENTER, a message will appear in the RESULTS BOX to indicate whether your
answer is correct or incorrect. To start over, click CLEAR.

Students in Mrs. Glosser's class were surveyed about snacks and asked to choose the one snack food
they liked most from a list. The bar graph below summarizes the data collected from this survey.

Questions:

1. Which snack was preferred most?

2. Which snack was preferred by 2 students?
3. How many students preferred pretzels?
4. Which snack was preferred by 3 students?
 5. According to the graph, what value corresponds to the number of students who preferred fruit
and vegetables equally?

ACTIVITY:6

Directions: Refer to the circle graph below to answer each question. For each exercise below, click
once in the ANSWER BOX, type in your answer and then click ENTER. Your answer should be
given as a word or as a whole number. After you click ENTER, a message will appear in the
RESULTS BOX to indicate whether your answer is correct or incorrect. To start over, click CLEAR.

A survey was taken of which pets are bought by customers at a Pet World store. Each
customer voted only once. The results of this survey are displayed in the circle graph below.

1. How many sectors are in the graph?

2. Which type of pet is bought most?
3. Which type of pet is bought least?
4. What percentage of customers buy gerbils?
5. What percentage of customers buy birds?