FINAL ASSESMENT

I. Problem Solving
a.

What is being asked?

What price should the manager sell the sofa?

What are the given facts?

Php 11,000, 55% (mark up)

What is the number sentence?

(11,000 x 0.55)=?

N+11,000=?

What operations are to be performed?

Multiplication and Addition

Solution: (11,000 x 0.55) = 6,050 desired profit

Selling price 11,000 + 6,050 = 17,050

Final Answer: 17,050 price of the sofa

17,050 price of the sofa

b.

What is being asked?

What is the mark up rate?

What are the given facts?

Php 380 and Php 627

What is the number sentence?

627−380
Mark up= x 100 =?
380

What operations are to be performed?

 Multiplication, Division, and Subtraction

627−380
Solution: = x 100
380

247 13
= x 100 = x 100 = 13x5=65
380 20

Final Answer: 65% is the mark up rate.

65% is the mark up rate.

c.

What is being asked?

Can you buy it if you get a 15% discount?

What are the given facts?

Php 13,200 (budget) and Php 15,000 (computer set)

What is the number sentence?

15,000 x 0.15 =?

15,000 –?

What operations are to be performed?

Multiplication and Subtraction

Solution: 15,000 x 0.015 = 2,325

15,000 – 2,325 = 13,175

Final Answer: 13,175 discounted at 15%

13,175 discounted at 15%

d.
What is being asked?

How much would you pay if you buy 10 shirts?

What are the given facts?

Price of shirt Php 249

Discount 10%

What is the number sentence?

249 x 10 =?

N x discount

What operations are to be performed?

Multiplication

Solution: 249 x 10 = 2,490

2,490 x 0.10 = 249 discount price

2,490 – 249 = 2,241

Final Answer: PhpPhp

2,241 if I bought
2,241 10 shirts
if I bought 10 shirts

e.

What is being asked?

How much interest should he pay?

What are the given facts?

Php 25,000

Interest Rate 12%

What is the number sentence?

25,000 x 0.12 =?
 N x 24 months =?

What operations are to be performed?

Multiplication

Solution:

25,000 x 0.12 = 3,000 per month

3,000 x 24 = 72, 000

Final Answer: Php 72, 000 for 2 years

Php 72, 000 for 2 years

f.

What is being asked?

How much will she have after 18 months?

What are the given facts?

Deposit 35,000 18months

Interest 4%

What is the number sentence?

35,000 x 0.04 =?

N x 18 months =?

What operations are to be performed?

Multiplication

Solution: 35,000 x 0.04 = 1,400

1,400 x 18 = 25,200

Final Answer:
25,200 after 18months
g.

What is being asked?

How much investment should she have after 3.5 years?

What are the given facts?

Investment 100,000 3.5years

Rate of interest 8.5%

What is the number sentence?

100,000 x 0.085 =?

12 months
3.5 years x =42 months
1 year

What operations are to be performed?

Multiplication

Solution:

100,000 x 0.085 = 8,500

8,5 00 x 42=357,0 00

Final Answer:
357,000 investments after 3.5 years
h.

What is being asked?

How much will be in the account after 8years?

What are the given facts?

Php 45,000 (4) quarterly

Interest rate 13%

What is the number sentence?

0.13
(
45,000 1+
4 )
4(8)
=?

What operations are to be performed?

Multiplication, Division, and Addition

Solution:
 0.13 4(8)
= 45,000 (1+ )
4

413 32
= 45,000 x ( )
400

= 9x41332

31x40030

= 125,225.9815

Final Answer: Php 125,225.9815 there will be after 8years.

i.

What is being asked?

Interest earned in both simple and compound interest.

What are the given facts?

Php 15,000

6years Interest Rate 7%

What is the number sentence?

Compound Interest Simple Interest

15,000 x(1+ 0.07)6−15,000=? 15,000 x 0.07 x 6=?

What operations are to be performed?

Multiplication, Division, Addition

Solution:

Compound Interest Simple Interest

= 15,000 x (1+0.07)6-15,000 = 15,000 x 0.07

= 15,000 x 1076 = 1,050

1006 = 1,050 x 6years

=
22510.95528 = 6,300

= 22510.95528

- 15,000

=7,510.95528

Final Answer: Php 7,510.95528 compound interest in 6years.

Php 6,300 simple interest in 6 years.

II. TERMINAL OUTPUT.

Task

If you are planning to apply for a personal loan and borrow PhP 30,000 and repay the
principal and interest for an agreed length of time of 3 years, 
A. How much monthly payment is needed for each bank offer? 

A 32.5
B 47.25
C 30.5
D 37.5
E 31.25

B. How much interest would you pay for 3 years for each bank offer?

Amount × Interest ÷ 12 months=monthly payment

monthly payment ×38 months

Bank (Personal Loan) Monthly Interest Rate

A 1.3%

B 1.89%

C 1.22%

D 1.5%

E 1.25%

a.

What is being asked?

The Principal and Interest for an agreed length of time.

What are the given facts?

 Php 30,000 3 years

Interest Rate 1.3 %

What is the number sentence?

30,000 x 0.013 x 3=?

What operations are to be performed?

Multiplication

Solution: 30,000 x 0.013 x 3=390

390 x 3=1,170

Final Answer: 1,170 Simple interest after 3 years

b.

What is being asked?

The Principal and Interest of agreed length of time.

What are the given facts?

Php 30,000 3 years

Interest Rate 1.89%

What is the number sentence?

30,000 x 0.0189 x 3=?

What operations are to be performed?

Multiplication

Solution: 30,000 x 0.0189 x 3=567

567 x 3=1,701

Final Answer: 1,701 is the simple interest after 3 years

 c.

What is being asked?

The Principal and Interest for an agreed length of time.

What are the given facts?

Php 30,000 3 years

Interest Rate 1.22%

What is the number sentence?

30,000 x 0.0122 x 3=?

What operations are to be performed?

Multiplication

Solution: 30,000 x 0.0122 x 3=366

366 x 3=1,098

Final Answer: 1.098 is the simple interest after 3 years

d.

What is being asked?

The Principal and Interest for an agreed length of time.

What are the given facts?

Php 30,000 3 years

Interest Rate 1.5 %

What is the number sentence?

30,000 x 0.015 x 3=?

What operations are to be performed?

Multiplication

Solution: 30,000 x 0.015 x 3=450

150 x 3=1,350

Final Answer: 1,350 is the simple interest after 3 years

e.

What is being asked?

The Principal and Interest for an agreed length of time.

What are the given facts?

Php 30,000 3 years

Interest Rate 1.25 %

What is the number sentence?

30,000 x 0.0125 x 3=?

What operations are to be performed?

Multiplication

Solution: 30,000 x 0.0125 x 3=375

375 x 3=1,125

Final Answer: 1,125 is the simple interest after 3 years

C. Which is the best option for you among the given choices below if you are to pay
monthly for 3 years?
Bank (Personal Loan) C is the best option to pay monthly for 3 years because it has 1.22 %
interest rate and it has Php 30.5 monthly payment. Also it has the lowest interest rate among the
given choices.