Questions


October 2022 1 4 Report
6. Find the 20% commission made on a ₱2 500 sale.
A. ₱5 000 B. ₱500 C. ₱50 D. ₱5 ____
7. A tablet is marked ₱12 000. A tax of 6% is added. What is the actual price of the
tablet?
A. ₱12 720 B. ₱7 200 C. ₱720 D. ₱72 ____
8. The price of a bag is ₱500.00. If the value added tax is 12%, what is the actual price?
A. ₱56 B. ₱60 C. ₱560 D. ₱600 ____
9. If Elvie borrowed ₱3 000 and then paid ₱3 450 after a year, what was the rate of
interest?
A. 10% B. 15% C. 20% D. 25% ____
10. A bank offers 6% interest to its depositors. If a deposit of ₱20 000.00 was made by
Dwight, how much interest will be paid in 2 ½ years?
A. ₱30 000 B. ₱3 400 C. ₱3 000 D. ₱2 400
11. How much will Mrs. Virginia pay if she was given a 30% discount on a brand new
laptop being sold at ₱25 000?
A. ₱18 500 B. ₱17 500 C. ₱16 500 D. ₱15 500

12. Lorie, a reseller, wants to make a profit of 5% on all items that she sells online. If the
cost of the item is ₱350.00, how much will she gain per item?
A. ₱175.00 B. ₱17.50 C. ₱10.75 D. ₱1.75
13. Willie made ₱2 500 commission in the sale of ₱50 000 second hand car. What was
his rate of commission?
A. 50% B. 20% C. 15% D. 5%
14. If a condominium unit is sold for ₱3 000 000.00 and the commission rate is 5%, how
much will a real estate agent get as a commission?
A. ₱150 000 B. ₱100 000 C. ₱50 000 D. ₱15 000
15. Mrs. Erlinda bought a cellphone for her daughter to be used in her online classes. If
the cost of the cellphone is ₱12 000 plus a value added tax of 12%, what is the actual
price of the cellphone?
A. ₱11 440 B. ₱12 440 C. ₱13 440 D. ₱14 000
16. At 11% interest per year, how much will a deposit of ₱2 000 earn in 3 years?
A. ₱60 B. ₱66 C. ₱600 D. ₱660
17. The number of COVID-19 patients in a certain province decreased from 30 to 24.
What is the percent decrease in the number of COVID-19 patients in the province?
A. 30% B. 25% C. 20% D. 15%
18. In Barangay Singkamas, the number of volunteers increased from 34 to 40. What
was the percent increase in the number of volunteers?
A. 25% B. 20% C. 15% D. 10%
19. Egmedio has a deposit of ₱7 000.00 in her savings account. If the bank pays a
simple interest at the rate of 8%, how much interest will he receive for 18 months?
A. ₱8 400 B. ₱8 000 C. ₱1 120 D. ₱840
20. During a sale, an item marked ₱200 was bought for ₱140. What was the rate of
discount?
A. 5% B. 10% C. 20% D. 30%

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