BUSINESS MATH Q2 WEEK2 (COMMISSION)

Joseph makes money by commission rates. He gets 15% of everything he sells. If Joseph sold PhP230,000 worth of items this month, what is his salary for the month?

• Php. 34,500

• Php. 34,600

• Php. 34,700

• Php. 34,800

Mark makes PhP12,000 a month plus some money by commission rates. He gets 8% of everything he sells. If Mark sold PhP60,000 worth of items this month, what is his salary for the month?

• PhP16,500

• PhP16,600

• PhP16,700

• PhP16,800

John receives PhP10,000 as monthly salary. As an agent, his monthly quota is PhP50,000 worth of beauty products for which he gets 5%commission on all sales beyond his monthly quota. If he sold PhP75,000 worth of beauty products this month, what is his total salary for this month?

• PhP11,240

• PhP11,250

• PhP11,260

• PhP11,270

A sales agent receives PhP12,000 a month corresponding to a sales of PhP30,000 worth of goods. Furthermore, he receives an additional 6% commission for all sales beyond his monthly quota but not greater than PhP50,000. An additional 3% commission is for sales beyond PhP50,000. If his sales is PhP70,000 for the month, how much is his salary for the month?

• PhP11,800

• PhP12,800

• PhP13,800

• PhP14,800

A tutor at ABC Learning Center receives a monthly base pay of PhP8,000 corresponding to a PhP5,000 tutorial fee input to the Center. He gets a share of 15% of all tutorial fees beyond the mandatory PhP15,000 input. If each student he handles pays PhP6,000/month on tutorial fees and he has five students for the month, how much share does he receive beyond his base pay?

• PhP2,220

• PhP2,230

• PhP2,240

• PhP2,250

A salesperson gets a commission for his sales based on the following scale:

6% on all sales

5% on all sales between PhP50,000 and PhP100,000

4% on all sales over PhP100,000

If his total sales was PhP150,000, what is his gross pay?

• PhP13,100

• PhP13,200

• PhP13,300

• PhP13,500

A real-estate agent receives a 3% commission of PhP300,000 for selling a house. What was the price of the house?

• PhP10,000,000

• PhP20,000,000

• PhP30,000,000

• PhP40,000,000

An appliance center agent sold a set of kitchen utensils for PhP20,000 and got a PhP600 commission. What was the commission rate?

• 1%

• 2%

• 3%

• 4%

Ivan earns a commission of 10% which is PhP10,000. How much did he sell?

• P100,000

• P200,000

• P110,000

• P120,000

Carlo sold his house for PhP8,000,000. The real-estate agent got a 5% commission from the sales. From his commission, he has to pay BIR tax and other obligations required for the transfer of ownership of the property to the buyer. This expense represents 6% of his total commission. How much net amount will he receive?

• PhP374,000

• PhP375,000

• PhP376,000

• PhP377,000