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1. An article that cost 376 was sold for 500 pesos, find the percent of profit based on sales Select one: a.25 percent b.None of

1. An article that cost 376 was sold for 500 pesos, find the percent of profit based on sales

Select one:

a.25 percent

b.None of the choices

c.75 percent

d.33 percent

2. Compute for the interest if 1,000 is borrowed for 1 year at 9 percent interest rate.

Select one:

a.45

b.1,045

c.90

d.1,090

3. A furniture company offered a discount of 25 percent on one of its items. What would be the net price of this item if it is catalogued at P1,600?

Select one:

a.1,000

b.2,000

c.1,200

d.1,400

4. To convert a decimal fraction to a fraction, the decimal is written in faction form with denominator of 10, 100, 1,000, etc, as required by the number of decimal digits, and reduce the fraction to lowest term.

Select one:

a.False

b.Cannot be determined just from the given statement

c.True

5. Eliza gross pay is P 1,290 and her hourly rate is P 55, how many hours has she worked

Select one:

a.23 hours

b.12 hours

c.28 hours

d.20 hours

6. Last year John allowance was Php 100 per day. This year his allowance is Php 150 per day. What is the percent of change in her allowance?

Select one:

a.25 percent increase

b.100 percent increase

c.75 percent increase

d.50 percent increase

7. An article that cost 376 was sold for 500 pesos, find the percent of profit based on cost

Select one:

a.33 percent

b.75 percent

c.25 percent

d.None of the choices

8. 115 is 18% of what number?

Select one:

a.21

b.1565

c.None of the choices

d.639

9. Robb receives a 15 percent commission from a industrial company. What is his commission in 35,000 in sales

Select one:

a.29,750

b.5,250

c.10,500

d.None of the choices

10. Pablo's parents leave an inheritance of 3.5 Million Pesos and his share of the inheritance is 1/9 of that amount. How much would Pablo get from the inheritance?

Select one:

a.P 500,000

b.P 777,778

c.P 388,889

d.P 437,500

11. A manufacturing company listed its items at 850 less a trade discount of 35 percent, what is the Trade Discount in Pesos?

Select one:

a.298

b.553

c.None of the choices

d.255

12. If the list price an item was 355 subject to trade discounts of 15/10, the net price of the item would be

Select one:

a.83

b.272

c.350

d.None of the choices

13. A manufacturing company listed its items at 850 less a trade discount of 35 percent, what did the dealer have to pay for these items?

Select one:

a.255

b.553

c.298

d.None of the choices

14. A Carinderia had a total income of 88,980 in the month of June. The total operating expenses for June is 50,347, the net profit of the carinderia is

Select one:

a.None of the choices

b.38,633

c.-38,633

d.139,327

15. Jeremiah completed 45 units of work in a day and was paid 22.85 per unit, What is his gross pay for the day

Select one:

a.514

b.None of the choices

c.1,028

d.230

16. Find the selling price of good that cost 150 and on which a loss of 35% is incurred. The percent of loss is based on the cost price which is

Select one:

a.248

b.52

c.98

d.202

17. Janice monthly income is Php 20,500. If she spent 1/8 of the amount for room rent, 1/4 for food, 1/2 for other needs and saved the rest, how much was her saving?

Select one:

a.2,562.5

b.1,281.25

c.10,250

d.5,125

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