1. How much he can save by buying a pair of shoes marked at P 1 000 at a discount of
10%?
A. Þ 100
B. P 120
C. P110
D. Þ 115
2. Mr. Reyes wants to buy a TV set marked P 40 000 at a 15% discount. How much will he
pay?
A. P 30 000
B. P 32 000
C. P 34 000
D. P 36 000
3. A group of Grade 6 pupils ate in a fast-food center. If their orders amounted to P 850
plus 10% VAT, how much did the group pay to the cashier?
A. 900
B. P 935
C. P 925
D. P 955
4. Mother has put P10 000 in time deposit in a bank for my enrollment in high school. If the
bank gives 9.5% interest per year, how much will be my mother's money at the end of one
year?
A. P10 910
B. P10 950
C. 10 850
D. 10 960
5. A salesman sold a motorcycle for P60 000. How much commission
will he receive at 5%?
A. 13 000
B. P3 500
C. P4 000
D. P6 000
6. A bag on sale has a discount of 15%. If the sale price of it is P 1887, what is its original
price?
B. P 2 420.00 B. P2 320.00 C. P 2 220.00 D. P 2 120.00
7. A business man borrowed P 10 000.00 at 12% simple interest. How much interest does
he pay in a year?
B. P 1 200.00 B. P1 120.00 C. P1020.00 D. P 1 000.00
8. In a bookstore, the owner adds a markup rate of 10% on all the products. What is the
cost of color pens which sold P 55.00 before?
B. P 45.50
B. P 55.50
C. P 60.50
D. P 65.50
9. During a sale, Mrs. Mondoy bought a cooking pot at 24% off the original price. If the
original price of it was P 1 850, how much did she pay for it?
B. P 1 826
B. P 1 874
C. P 1 240
D. P 1 406
10. What is the selling price of the laptop that costs P 24 000.00 if its sales tax is 12%?
A. P 2 880.00 B. P 21 120.00 C. P 26 880.00 D. P 28 880.00​