Solve the problems. Write your answer on your answer sheet.
1. Mrs. Reyes has P15 000 in the bank. The interest rate is 5% per year. How
much interest will he get after one year?
2. There are 24 books in the Reading Corner. Of these. 25% are English books.
How many English books are there?
3. Mr. Soriano saves 15% of his salary every month. If his monthly salary is
P24 600, how much does he save in a month?
Answers & Comments
Answer:
1. P750
2. 6 English Books
3. P3,690