Business Mathematics: Lessons 1 and 2

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What number is 34% of 500?

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What percent of 244 is 37.5?

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1140.48 is 22% of what number?

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Euio has a 2.5% commission rate on all his sales per month. If his total sales for the month is PHP 1,350,000, how much is his commission?

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In a Precalculus class of 32 students, 9 received a grade of 90 and above. What percent of the students did not get a line of 9?

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36% of Euan’s household expenses is allotted for utilities. What is his monthly budget for household expenses if his average monthly utilities are PHP 4,500?

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If a number changes from 623 to 555, what is the rate of change?

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What is the rate of change if a number changes from 127 to 252?

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The carabao population of a barangay in Carmona, Cavite, was 512 in 1990 and 25 in the 2020 census. By what percent did the population decrease?

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A car was purchased 3 years ago for PHP 677,000. If the depreciation percent of the vehicle is 45%. What is the present value of the car?

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The average price of a laptop this year is PHP 28,365. If the average price this year is increased by 11.5% compared to last year’s average cost due to the hybrid learning setup. How much was the average price last year?

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The cost of a product is PHP 124, the store supervisor decided to add a 30% markup.  What is its selling price?

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A hardware is selling an electric saw for PHP 2,350. The cost to produce the product is PHP 872. How much is the mark-up?

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In a department store, a watch is sold at PHP 2460 at a profit of 200%. What was the cost price of the watch?

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Guerrero Inc. produces rocking chairs at a cost of PHP 736 per piece. If the rocking chairs are sold to distributors for PHP 1,600 each, what is the percent markup based on cost?

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A cabinet cost PHP 890 to produce. If the manufacturer wants a 65% mark-up based on cost, what should be the selling price of the cabinet?

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Pidro Inc. sells a shirt for Php 550. If a 60% markup based on cost is used, what is the cost of the shirt?

​LEARNING TARGETS EVALUATION

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I can give business situations where we can apply percent.

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I can solve problems involving percent formula.

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I can solve problems involving the rate of change.

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I can use the Retailing Equation to find Cost, Amount of Mark-Up, and Selling Price of an Item.

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I can solve for the Cost when Selling Price and Percent Mark-Up based on Cost are Known.