Difficult, review Business Mathematics

An item costs ₱2,000.00. Assume an original selling price of ₱2,300.00. The selling price was raised to ₱2,500.00. It was later on tagged to sell at ₱2,100.00.

How much is the mark-on?

• ₱300.00
• ₱500.00
• ₱100.00
• ₱200.00

An item costs ₱2,000.00. Assume an original selling price of ₱2,300.00. The selling price was raised to ₱2,500.00. It was later tagged to sell at ₱2,100.00.

What percent is the mark-on based on cost?

• 10%

• 15%

• 20%

• 30%

An item costs ₱2,000.00. Assume an original selling price of ₱2,300.00. The selling price was raised to ₱2,500.00. It was later tagged to sell at ₱2,100.00.

How much is the additional markup?

• ₱200.00
• ₱300.00
• ₱400.00
• ₱500.00

An item costs ₱2,000.00. Assume an original selling price of ₱2,300.00. The selling price was raised to ₱2,500.00. It was later tagged to sell at ₱2,100.00.

How much is the additional markdown?

• ₱200.00
• ₱300.00
• ₱400.00
• ₱500.00

A television set was bought for ₱5,500.00 net discount. The selling price was listed at ₱9,123.00.

How much was the discount?

• ₱5,500.00

• ₱4,123.00
• ₱3,623.00

• ₱3,123.00

A television set was bought for ₱5,500.00 net discount. The selling price was listed at ₱9,123.00.

Compute the discount rate.

• 60%

• 50%

• 40%

• 30%

Jan is a sales manager receiving a monthly salary of ₱20,000, and a commission of 5% on his sales. He is also given an override of 1% on his men's sales. For the month of August, Jan sold a total of ₱110,000.00. His men sold a total of ₱380,500.00. Compute for his gross earnings.

• ₱25,500.00
• ₱26,000.00
• ₱25,805.00
• ₱29,305.00