Which of the following statement shows a LOSS situation?

Vince sold her latest printer at P9,000 due to pandemic. She bought that printer last month at P18,000

Michael bought a car at P2,000,000 he customized and upgraded. He sold his car at P3, 300,000.

Paul bought a notebook at P 10 each and sold it for P15

The cost of 20 pieces pots is P900 and it was sold for P50 each.

Which of the following is TRUE for commission?

C. A fee that a business pays to a salesperson (agent) in exchange for his services in either facilitating, supervising, or completing a sale.

A. First payment that one makes when one buys something with an agreement to pay the rest later.

B. The total amount of money a bank has on deposit before adjusting for uncleared checks or deposits, as well as reserve requirements.

D. A loan when you use your property as collateral for a loan from a financial institution.

Which of the following shows break- even?

D. Dozen of cookies that cost you ₱85 then sell it for ₱85

A. Box of chocolate bought for ₱45 and sold for ₱80

B. ₱30 expenses in preparing a burger then sold it for ₱25

C. An apple you bought for ₱10 then sell it to a friend for ₱15

What assumption does this statement say "Break even is 54 units"?

C. if we sell 55 we begin to make a profit

A. if we sell 55 we aren't making a profit

B. if we sell 54 we begin to make a profit

D. if we sell 54 we are not yet at break even point

Business Mathematics

11th Grade

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35 Qs

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Business Mathematics

Quiz

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Mathematics

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11th Grade

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Practice Problem

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Hard

•

CCSS

6.RP.A.3C, 6.RP.A.3B, 7.EE.B.3

Standards-aligned

RICHARD HIDALGO

Used 19+ times

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CCSS.6.RP.A.3C

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Business Mathematics

35 questions

Meaning of profit is..

Which of the following is computed as the markup amount divided by the product cost?

Which of the following is the amount by which the cost of a product is increased in
order to derive the selling price.

It is the sum of the cost of the product and expenses.

A restaurant offered a promo sale, the original price of a dinner steak was ₱ 849 and
was sold at ₱ 619. What is the mark-down?

Jerson spends ₱3 500.00 in assembling a mountain bike. He wants to sell it with 30%
margin. How much should he sell it?

A trader was able to buy an item with a list price of ₱650.00 per piece. What is the discount
rate, if the trader paid ₱11 960.00 for 20 pieces order of the item?

How do you find the SALE PRICE?

The price of a computer is 25 % off the original price of P800. What is the new cost of the computer?

Nenita is selling scented candles where she spends ₱75.00 for each scented candle. If
she wants to put a 60% markup based on cost to set the selling price, what should be her
selling price for each scented candle?

Create a free account and access millions of resources

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Discover more resources for Mathematics

Business Mathematics

35 questions

Meaning of profit is..

Which of the following is computed as the markup amount divided by the product cost?

Which of the following is the amount by which the cost of a product is increased inorder to derive the selling price.

It is the sum of the cost of the product and expenses.

A restaurant offered a promo sale, the original price of a dinner steak was ₱ 849 andwas sold at ₱ 619. What is the mark-down?

Jerson spends ₱3 500.00 in assembling a mountain bike. He wants to sell it with 30%margin. How much should he sell it?

A trader was able to buy an item with a list price of ₱650.00 per piece. What is the discountrate, if the trader paid ₱11 960.00 for 20 pieces order of the item?

How do you find the SALE PRICE?

The price of a computer is 25 % off the original price of P800. What is the new cost of the computer?

Nenita is selling scented candles where she spends ₱75.00 for each scented candle. Ifshe wants to put a 60% markup based on cost to set the selling price, what should be herselling price for each scented candle?

Create a free account and access millions of resources

Similar Resources on Wayground

Popular Resources on Wayground

Discover more resources for Mathematics

Which of the following is the amount by which the cost of a product is increased in
order to derive the selling price.

A restaurant offered a promo sale, the original price of a dinner steak was ₱ 849 and
was sold at ₱ 619. What is the mark-down?

Jerson spends ₱3 500.00 in assembling a mountain bike. He wants to sell it with 30%
margin. How much should he sell it?

A trader was able to buy an item with a list price of ₱650.00 per piece. What is the discount
rate, if the trader paid ₱11 960.00 for 20 pieces order of the item?

Nenita is selling scented candles where she spends ₱75.00 for each scented candle. If
she wants to put a 60% markup based on cost to set the selling price, what should be her
selling price for each scented candle?