ABM Q1

A product costs ₱500 and is marked up by 20%. What is the selling price?

• ₱600

• ₱520

• ₱550

• ₱625

If a store gives a 10% discount on a ₱1,000 item, how much is the sale price?

• ₱900

• ₱950

• ₱1,100

• ₱1,000

What is 25% of ₱800?

• ₱150

• ₱175

• ₱200

• ₱250

If a worker earns ₱250 per day, how much will they earn in 5 days?

• ₱1,000

• ₱1,250

• ₱1,500

• ₱2,000

A store bought a bag for ₱300 and sold it for ₱450. What is the mark-up rate?

• 33.33%

• 50%

• 66.67%

• 75%

Which is a correct example of a direct proportion?

• Price vs. Quantity

• Time vs. Speed

• Salary vs. Hours worked

• Distance vs. Fuel cost

A business pays ₱120,000 yearly rent. What is the monthly rent?

• ₱10,000

• ₱12,000

• ₱15,000

• ₱9,000

What is the break-even point if fixed costs = ₱10,000, selling price = ₱500, and variable cost = ₱300?

• 10 units

• 25 units

• 50 units

• 100 units

Compute gross pay: 40 hours/week at ₱100/hour.

• ₱3,000

• ₱4,000

• ₱4,500

• ₱5,000

If net earnings are ₱10,000 and deductions are ₱2,000, what is the gross pay?

• ₱12,000

• ₱10,000

• ₱8,000

• ₱9,000