2. If a popular shoe brand promotes this discount of 20/10/5 for a minimum volume of 250 pairs of shoes. Assuming that the unit selling price of the shoes is ₱ 2, 500.00, how much will the distributor pay for each pair of shoes if purchased a minimum of 250 pairs?

3. Susan sells sacks of rice with free delivery to her customers. She buys her supply of rice from a rice trader at ₱ 2, 000.00 per sack. She sells it to her customers at a price with 20% mark-up based on cost. Susan rent a store space (inclusive of water and light) near the public market for ₱5, 000.00 a month. During a month of operation, she also incurs gasoline expenses of ₱ 2, 000.00, and pay wages of ₱ 3, 000.00 to her driver. Will Susan gain a profit or a loss?

4. At the beginning of a certain year, the inventory of Liz' Skin Care and Spa was ₱ 175, 364.21, and purchases during the year amounted to ₱ 50, 789.64. At the end of that year, the manager had checked that they have remaining inventory of ₱ 75, 643.89. Determine the cost of goods sold.

5. Assume that you wish to purchase a house and lot worth ₱ 2, 205, 600.00 and the seller requires a 20% down payment. How much is the mortgage loan?

6. Assume that you wish to purchase a house and lot worth ₱ 2, 205, 600.00 and the seller requires a 20% down payment. Then you will loan the balance from a bank that charges 7.5% annual interest rate to be paid for 20 years. How much is the monthly amortization?

7. John is earning a commission of 3% on all his sales other than his basic salary of ₱10,000. How much is his take home pay in a month where his sales amount to ₱75,000?

8. 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?

9. A minimum wage earner in Manila is paid ₱ 481.00 for an 8-hour workday. If he works for 20 days in one month, then how much will be the monthly gross earnings?

10. Mrs. Suing, a teacher, gest a monthly salary of ₱ 25, 000.00 and a rice subsidy of ₱2, 000.00. On the other hand, every month, Mrs. Suing has to pay an amount of ₱ 288.33 for income tax, ₱ 375.00 for PhilHealth, ₱ 100.00 for PAGIBIG and ₱ 2, 250.00 for GSIS contributions. What is her monthly net income?

11. Based on RA 9849, how many are the regular holidays celebrated in the Philippines?

12. These are benefits provided on top of the employee's basic compensation for his or her general welfare. These benefits are relatively of small value and are not considered as part of the taxable compensation of the employee.

13. Which of the following is mandated that no withholding tax shall be required on the Statutory Minimum Wage (SMW) of the Minimum Wage earner in the private/public sectors as defined in RR 2-98, as amended by RR 11-2018.

14. If Robert is earning ₱ 10, 500.00 monthly since he was hired in the year 2021, how much is his monthly PhilHealth contribution?

15. An auto mechanic was asked to change the oil and tune up of Mr. Reyes' truck. After finishing the work, Mr. Reyes paid ₱ 800.00 for the service charge. If the shop has 16 employees, how much of the service charge will the mechanic received?

16. The Labor Code prescribes a maximum of 8 hours per day as the normal working hours of employees or 40 hours per week. Hence, additional compensation in the form of overtime pay is paid for worked hours beyond 8 hours. Sam receives a regular wages of ₱ 150.00 per hour. If he has worked 52.50 hours last week, how much will be his gross earnings for the week if he paid an additional of 25% of his hourly wage for regular overtime work?

17. Renan works at ABC Company and earns ₱ 30, 000.00 monthly net income. How much withholding tax will he pay?

18. Robert rendered 4 hours more than his required working hours during a mall sale. If he is paid ₱ 320.00 per day, how much is his total earnings that day? Assume that Robert is required to work 8 hours a day.

19. If Robert's hourly rate is ₱ 40.00 and he worked a total of 10 hours on his rest day, how much is his total overtime pay?

20. Robert's regular hourly rate is ₱ 40.00. Suppose he needed to work on his rest day, which also happened to be Chinese New Year. On that day, he worked for 6 hours more than the regular working hours. How much is his overtime pay?