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Business Mathematics Formative Assessment 01

Total questions: 20

Worksheet time: 15mins

Name
Class
Date
1.

What do you call a fee paid to person who makes a sale?

a)

Straight commission

b)

Commission rate

c)

Commission

d)

Salary Plus Commission

2.

A salesman agreed to have a monthly basic pay of ₱12,000 plus a commission

of 8% on all sales above ₱75,000. How much is his take home pay in a month

where his total sales amounted to ₱120,000?

(a)  

3.

What do call a type of commission where a person gets paid a salary and a

percentage of his/her sales?

a)

Straight Commissions

b)

Commission rate

c)

Salary Plus Commission

d)

Graduated Commission

4.

It is usually associated with employee compensation that is based on the number of

hours worked multiplied by an hourly rate of pay.

a)

salary

b)

wage

c)

income

d)

benefit

5.

It is a fixed amount usually associated with employee compensation usually received on

a monthly or semi-monthly basis, but it may be quoted in an annual sum.

a)

salary

b)

wage

c)

income

d)

benefit

6.

11.A delivery man in a chicken store earns ₱350 daily. How much will he earn if he worked

20 days in a month?

a)

P3,500

b)

P7,000

c)

P14,000

d)

P28,000

7.

12.Yvan, who works in a car wash, is paid ₱75 per hour of work. How much will he earn in

bi-weekly if he rendered 48 hours of work each week?

(a)  

8.

It is the amount earned by any person from the gross earnings less the total

deductions.

a)

gross earning

b)

decuctions

c)

net earning

d)

none of the above

9.

It is the total amount earned by any person before deductions are made.

a)

gross earning

b)

deductions

c)

net earning

d)

none of the above

10.

Glenda has a total monthly deduction of ₱2,845. If her take-home pay is ₱18,945, how

much is gross earning for working this month?

(a)  

11.

Alex got a net pay of ₱25,890 for working as a sales agent. If his gross income for the

month is ₱30,000, how much was deducted from his total earnings?

(a)  

12.

Mrs. Mendoza, a high school teacher underwent surgery due to ovarian cysts. What benefit

can she avail?

a)

magna carta for women

b)

sick leave

c)

vacation leave

d)

maternity leave

13.

Dianne works as a service crew in a 24-hour fast food chain. She was assigned to work in a

graveyard shift from 10:00 P.M. to 6:00 A.M. Aside from her basic wage, what benefit

can she get?

a)

premium pay

b)

holiday pay

c)

overtime pay

d)

night differential

14.

It grants seven (7) days of fully paid leave to married fathers that is effective up to the first

four deliveries of the legitimate spouse.

a)

vacation leave

b)

sickleave

c)

maternity leave

d)

paternity leave

15.

A regular employee in a private company receives a monthly basic salary of ₱18,000.

How much will be his shares for his monthly contributions for the following mandatory

deductions?

SSS DEDUCTION?

(a)  

16.

A regular employee in a private company receives a monthly basic salary of ₱18,000.

How much will be his shares for his monthly contributions for the following mandatory

deductions?

PhilHealth Contribution

(a)  

17.

A regular employee in a private company receives a monthly basic salary of ₱18,000.

How much will be his shares for his monthly contributions for the following mandatory

deductions?

Pag-Ibig Contribution

(a)  

18.

A regular employee in a private company receives a monthly basic salary of ₱18,000.

How much will be his shares for his monthly contributions for the following mandatory

deductions?

iNCOME tAX PER MONTH

(a)  

19.

Mang Cardo receives ₱450 per day of work. How much will be his PhilHealth

contribution if he worked 25 days last month.

(a)  

20.

WHAT IS THE TOPIC IN MODULE 10?

(a)