SENIOR HIGH SCHOOL

DEPARTMENT
Pavia National High School

ENTREPRENEURSHIP
QUARTER 4 – PERFORMANCE TASK 3

Name:______________________________ Grade & Strand/Section:________________Score: ______

Deadline: April 15, 2024

1. A watch store owner decided to offer 20% discount for a particular brand of watch that sells originally at
P45,000.00. He bought one watch at a price of P22,000.00 from the supplier. If he sold 25 units of watch and
incurred operating expenses such as electric expenses-P10,000, salary and wages-P15,000; interest expense of
P12,000 and income tax of P80,000, compute and fill-in the following:

Sales __________________________
Less: Cost of Sales __________________________
Gross Profit __________________________
Less: Operating Expenses __________________________
Operating Profit Margin __________________________
Less:
Interest expense __________________________
Income tax __________________________
Net Profit Margin __________________________

GROSS PROFIT RATE ____________

OPERATING PROFIT MARGIN RATE ____________
NET PROFIT MARGIN RATE ____________

2. Michelle went to Baguio and bought 400 jars of strawberry jam from a supplier at a cost of P200 per jar. When
she got back to Manila, she sold 380 jars at P250 per jar and the remaining 20 jars at P240 per jar. She incurred
electric expense of P1,500; interest expense of P800 and income tax of P5,000. Compute and fill-in the following:

Sales __________________________
Less: Cost of Sales __________________________
Gross Profit __________________________
Less: Operating Expenses __________________________
Operating Profit Margin __________________________
Less:
Interest expense __________________________
Income tax __________________________
Net Profit Margin __________________________

GROSS PROFIT RATE ____________

OPERATING PROFIT MARGIN RATE ____________
NET PROFIT MARGIN RATE ____________