1. What is the sales tax on a purchase cost Php 6,500.00 if the tax rate is 3%?
a) Php 195.00. b) Php 190.00
c.) Php 190.55 d.)Php190.00

2. Mr. Cortez received a 25% commission after selling an accident insurance policy for
Php 15,000.00. What was his commission?
a) Php 3000.00 b) Php 3, 750.00 c) Php 3,700.00 d) Php 3, 600.00

3. A fruit vendor buys managers from a wholesaler at Php 145.00 a kilo and sells it at
Php 165.00 per kilo. What is the percent of increase?
a) 10.15%
b) 10.16%
c) 10.17%
d) 10.18%​