BUSINESS MATHEMATICS

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1. Louise is preparing for the baptism of Marie. She bought five dressed chicken weighing 1 , 2 ,
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1 !, 1 &, 2 % kilograms each, respectively. At P75.00 per kilogram, how much will she have to pay for the
five dressed chicken? Round off to the nearest centavo.
a. P580.50 b. P708.13 c. P780.75 d. P850.00

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2. 20% of 360 is how many percent of % of 576?
a. 50% b. 25% c. 40% d. 75%

3. Jules spends his salary of P3 000.00 for food, clothing, recreation, and savings, which are in the
ratio of 48:20:15:37, respectively. How much does he keep for savings?
a. 875 b. 785 c. 925 d. 850

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4. The term of sale is , , . If an item was purchased on June 13, 2017, what is the discount
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rate if it was paid on the 25 of June 2017?
a. 2% b. 3% c. 5% d. no discount

5. Joey has a total production of 500 pieces. Find his gross earnings under the following piece rate
plan: P5.00 for the first 100 pieces, P8.00 for the next 100 pieces and P10.00 for the remaining pieces
a. P1 300.00 b. P2 300.00 c. P3 300.00 d. P4 300.00

For no. 6 and no.7 consider this problem. Chandler Bing works for a company that pays overtime
for hours worked over 48 in a week. For regular overtime (hours over 48 in a week), the company pays
time and a half. For overtime on Sundays and holidays, the company pays double-time.
Monday 10 hours
Tuesday 8.5 hours
Wednesday 9 hours
Thursday 8 hours
Friday 11 hours
Saturday 9.5 hours
Sunday 8 hours
If Chandler is paid for P100.00 per hour. Compute for his:
6. Regular Overtime Pay
a. P1 000.00 b. P1 100.00 c. P1 200.00 d. P1 300.00
7. Sunday/Holiday Overtime Pay
a. P1 200.00 b. P1 500.00 c. P1 600.00 d. P1 800.00

8. Elize receives a monthly salary of P 28 500. How much is her weekly salary?
a. P 6 576.92 b. P 7 125 c. P 7 125. 25 d. P 14 250

9. Rachel borrowed P5 000.00 at 10% simple interest per annum, for 2 years. Find the maturity value.
a. P5 500.00 b. P6 000.00 c. P6 500.00 d. P7 000.00

10. It is the point where a business neither makes a profit nor a loss.
a. Break - even b. Interest c. Principal d. Rate
for 11-12 Compute for the discount and the net invoice price if an item listed P1 500.00 is given a 15%
and 10% discount respectively.
11. Find the total discount.
a. P235.50 b. P253.50 c. P325.50 d. P352.50
12. Find the net invoice price.
a. P1 14 7.50 b. P1 471.00 c. P1 547.00 d. P1 745.50
ANSWER KEY:

1. b 6. c 11. d

2. b 7. c 12. a

3. c 8. a

4. b 9. b

5. d 10. a