Mastery in Business Math

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Republic of the Philippines

Department of Education
Region VII, Central Visayas
Division of Cebu Province
Municipality of Tabuelan

JUAN PAMPLONA NATIONAL HIGH SCHOOL


Mastery Test in Business Mathematics

Name: _______________________ Yr. & Section: ______________

Test I. Multiple choices. Strictly no erasures.

1. A car travels 120km on 10 liters of gas. Give the ration of kilometers to liters and express as a unit
rate.
a. 12 km/liter b. 120 km/liter c. 1o km/liter d. 12 liters/km

2. Len bought a lot measuring 450 square meters. If 25 square meters is allotted for a storage room,
what fraction of the entire lot is the storage room?
a. 1/50 b. 1/18 c. 25/45 d. 18

3. Which of the following best describe how profit is being determined?


a. Subtract the sum of the cost price and operating price from the selling price.
b. Add the sum of the cost price and operating price from the selling price.
c. Subtract the sum of the cost price and selling price from the operating price.
d. None of these.

4. Divide 42 by 3 1/3.
a. 12 3/5 b. 14 2/3 c. 15 d. 16 1/5

5. A company manufactured school supply sets for 2/3 of the university belt population of 48,000 as its
target market. A survey revealed that only 3/4 of the intended market purchased its product. What is
the actual number of consumers?
a. 16,000 b. 24,000 c. 10,000 d. 36,000

6. Patrick spent 30% of his allowance on merienda, 45% on a book and had 50 pesos left. How much is
his allowance?
a. Php100 b. Php120 c. Php150 d. Php200

7. Which is the value of ( 1000


3
+
4
+ + )
5 6
100 10 1
in decimal form?

a. 3.456 b. 6.453 c. 4.536 d. 6.543

8. A typist can finish 4 pages in 6 minutes. How long will it take him to finish 18 pages?
a. 21 min. b. 23 min. c. 25 min. d. 27 min.

9. This refers to the amount of sales minus the cost of goods sold.
a. Mark-on b. Mark-up c. Mark-down d. Margin

10. Two quantities of a proportion are said to be directly proportional to each other if:
a. As one quantity increases, the other quantity also increases, or vice-versa.
b. As the first quantity of a proportion increases, the other quantity decreases.
c. As the first quantity of the proportion decreases, the second quantity increase.
d. All of the above.

11. Marie sold her iphone for Php10,000 at 20% markdown rate. What is the original cost of the iphone?
a. Php12,000 b. Php10,200 c. Php8,000 d. Php12,500
12. My mother admired a pair of earrings that her friend was offering for Php24,000, payable in 6
months. She bargained to be given a discount and her friend agreed to give her 12% if she pays in
cash. How much will my mother have to pay for the pair of earrings?
a. Php22,120 b. Php21,120 c. Php31,102 d. Php2,112

13. In a:b=c:d, bc is called the ________.


a. Extremes b. Means c. Inner d. Outer

14. Multiple discounts are applied successively on the same item.


a. Trade discount b. Discount series c. Net price d. List price

15. An item listed for Php750 less 20%, 5%, and 2% is reduced at a clearance sale to Php474.81. what
additional rate of discount was offered?
a. 11% b. 10% c. 17% d. 15%

16. The senior citizens enjoy 20% discount and another 12% discount after the 20% discount on the
medicines prescribed by their doctors. An insulin costs Php1,200, how much will the elderly pay?
a. Php816 b. Php384 c. Php844.80 d. Php316.20

17. A Gibson guitar is marked down by 20%: the sale price is Php28,000. What was the original price?
a. Php45,000 b. Php35,000 c. Php55,000 d. Php40,000

18. It costs 32 cents to make a can of spam. The store is hoping to make a 42% profit on each can. If you
were to go into the store with Php24.35. How many cans of spam can you buy?
a. 14.67 cans b. 15 cans c. 14.7 cans d. 14 cans

19. 48 out of 75 Grade 11 students attended the celebration of the school’s foundation day. What % of
the students attended the celebration?
a. 27% b. 48% c. 56% d. 64%

20. Aling Luding is running a small sari-sari store. She purchased grocery items amounting to Php5,250.
She was able to sell 75% of the goods and earned Php4,920. She spent Php385 for transportation and
additional Php245.50 for repacking some of the items. How much is her profit?
a. Php4,920 b. Php4,289.50 c. Php982.50 d. Php552.50

Test II. Solve the following problems. Show your solution at the back. Strictly no erasures.

1. A benefit concert will be held during Christmas Eve for the benefit of the victims of the Lumad killings.
The early bird ticket will be priced at Php200 for both adults and children. The organizers decided that
the door charge will increase by 30% for adults and 20% for children. How much are the new prices of
both tickets per person combined?

2. Find the cost and mark-up of a box of pencils being sold for Php135 with a 25% mark-up based on the
selling price.

3. Maria was asked to go to the market to buy 2 ½ kilos of pork, ¼ kilos of garlic, and 6 pieces of saba.
One kilo of pork costs Php215, 1 kilo of garlic costs Php105, and one piece of saba costs Php2.30. if
Maria is given Php700, will she be able to buy everything she was asked to buy? If yes, how much
change is left?

“A bad semester or one bad grade won’t define your future.”

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