MALASIQUI AGNO VALLEY COLLEGE, INC.

Bonifacio St. Brgy. Poblacion, Malasiqui,Pangasinan

SY 2023- 2024
BUSINESS MATHEMATICS
MIDTERM EXAMINATION 1st SEM
GRADE 11
Name: __________________________________________ Score: _________________
Section: _________________________________________ Date: _________________

I. True or False. Write T if the statement is true and F if the statement is false. Write your answer in the space
provided.

____1. Inverse proportion is when one quantity increases or decreases, so does the other quantity
____2. Ratio can be express in colon.
____3. Interest is the charged on the amount invested on which the interest charge is calculated only on the
principal.
____4. Rate is the length when the money earns interest.
____5. Principal is the amount borrowed or invested.

II. Compute for the following proportion.

x 15 4 40
____6. = ____11. =
6 18 5 x
x 2 14 x
____7. = ____12. =
6 12 25 150
x 10 6 x
____8. = ____13. =
8 16 12 72
x 16 2 12
____9. = ____14. =
3 24 3 x
3 x 20 200
____10. = ____15. =
5 15 50 x

III. Problem Solving. Solve the following problems and circle your final answer.
16 – 20. It takes Mike 18 minutes to finish reading 4 pages of a book. How long does it take for him to finish
reading 30 pages?

21-25. Four big water bottles can hold 8 gallons of water. How much water can ten big water bottles hold?

26 -30. Jack deposited P 1,400.00 in his bank account. After 3 years, the account is worth P 1, 694. Find the
simple interest rate the account earned.

31-35. If P 3, 840 is invested in an account at 5% annual simple interest, how long it will take the account
balance to grow P 4, 800

36 – 40. You are tired at the end of the term and decide to borrow P500 to go on a trip to Whatever Land. You
go to the bank and borrow the money at 11% for 2 years.
a) Find the interest you will pay on the loan.
b) How much will you have to pay the bank at the end of the two years?

41 – 45. You borrow P 6,000 to purchase a Jeep and agree to pay back all the money in 3.5 years. How much
should you pay back if the interest rate is 12% simple?

46 – 50. The sum of P546,987 is divided among three girls, Liz, Beth and Tess in a ratio 2:3:5. What is the
share of each girl? Who gets the biggest share?

PREPARED BY:
JENETTE DV. CERVANTES
SUBJECT TEACHER
CHECKED BY:
REMEDIOS M. USON Ph. D
PRINCIPAL, SENIOR HIGH SCHOOL