WorksheetsBUSINESS MATHEMATICS
Total questions: 154
Worksheet time: 3hrs 30mins
If 2 - (-2) then the result is
0
4
-2
+2
if -3 (+) -6 then the Result is
-3
+3
-9
+9
if - 3 multiplies with -3 the result is
-9
0
27
9
if 6 is multiplied with -2 then the result is
-12
+12
-8
+8
if -3 is divided with -3 then the result is
0
+1
-1
-9
if 6 is divided with -3 then the result is
-2
2
-18
+18
4x + 2 = 6 then the Value of X is
1
-1
0
1/2
If 3x - 2 = 4 then X is
0
1
-2
2
in the Friction 5/3, the Numerator Value is
5
3
5/3
3/5
What is the price at which the manufacturer sell the goods to the customer (retailer)?
Net Price
List Price
_____ is the price at which the customer (retailer) pays to the manufacturer.
Net Price
List Price
List Price is bigger than Net Price
Yes
No
List price is also known as ________
Net Price
Catalogue Price
Listed Price
Advertised Price
The abbreviation of List Price is (a)
The abbreviation of Net Price is (a)
Trade discount (TD) is
The discount offered by the manufacturer to the customer (retailer/wholesaler)
The amount that have to be calculated on the list price (LP)
It is the difference between list price (LP) and net price (NP)
Is the amount in Ringgit
Reductions on the amount due to customers who pay their bills within a given period of time to encourage customer payment of bills
When only one discount rate is offered, it is (a)
When more than one discounts are offered, it is (a)
Cash Discount (CD) is _____
Reduction on the amount of bills to encourage prompt payment of bills
Amount in Ringgit
Offered when the customers make a payment within the stipulated period of time
Offered in cash discount term such as, 3/10, 2/20, n/30
Amount in percentage
Trade Discount (TD) can be calculated based on List Price (LP)?
Yes
No
Bill of invoice contains of _____
Net Price (NP)
List Price (LP)
Cost
Kinabalu store offers discount of 12% on A4 paper it sells.
12% is _____
Chain Discount Rate
Single Discount Rate
Kinabalu store offers discount of 12% on A4 paper it sells that is advertised at RM14
RM 14 is _____
Net Price (NP)
List Price (LP)
Trade Discount (TD)
Cash Discount (CD)
A bill of RM1000 including a prepaid handling charge of RM150.
What is RM 1OOO?
List Price (LP)
Net Price (NP)
Bill (invoice)
Cost
A bill of RM1000 including a prepaid handling charge of RM150.
What is Rm 150?
List Price (LP)
Net Price (NP)
Bill (invoice)
Cost
A bill of RM1000 including a prepaid handling charge of RM150.
How much is the List Price (LP)
RM 950
RM 850
RM 1150
RM 1050
An invoice of RM 1500 is offered cash discount terms of 5/10, 3/20, n/60
What is the value of RM 1500?
Net Price (NP)
List Price (LP)
Bill
Cost
An invoice of RM 1500 is offered cash discount terms of 5/10, 3/20, n/60
What is 5/10 stand for?
5 divided with 10
5% will be offered if the buyer or customer manage to pay the bills within 10 days
5% will be offered if the buyer or customer manage to pay the bills within 20 days
No discount offered
An invoice of RM 1500 is offered cash discount terms of 5/10, 3/20, n/60
What is n/60 stand for?
n divided with 60
Cash discount will be offered if the buyer or customer manage to pay the bills within the discount period
cash discount will be offered if the buyer or customer manage to pay the bills within 20 days
No discount offered, buyer have to pay full amount of bill
The person or (institution) who invests the money or makes the funds available
Lender or Creditor
Borrower or Debtor
Principal
Bondholder
The person or (institution) who owes the money or avails of the funds from the lender
Lender or Creditor
Borrower or Debtor
Principal
Bondholder
The date on which money is received by the borrower
Origin or Loan Date
Repayment Date or Maturity Date
Time
Annually
The date on which the money borrowed or loan is to be completedly repaid.
Origin or Loan Date
Repayment Date or Maturity Date
Time
Annually
The amount of money borrowed or invested on the origin date.
Principal (P)
Interest (I)
Simple Interest
Maturity Value or Future Value
Amount paid or earned for the use of money
Coupon
Interest (I)
Simple Interest
Compound Interest
Interest is computed on the principal and then added to it.
Coupon
Interest (I)
Simple Interest
Compound Interest
Interest is computed on the principal and also on the accumulated past interests.
Coupon
Interest (I)
Simple Interest
Compound Interest
The amount after a number of years that the lender receives from the borrower on the maturity date.
Principal (P)
Interest (I)
Simple Interest
Maturity Value or Future Value (F)
The annual rate, usually in percent, charged by the lender, or rate of increase of the investment
Principal (P)
Interest (I)
Rate (r)
Maturity Value or Future Value (F)
A bank offers a 0.25% annual simple interest rate for a particular deposit. After a year 2,500 pesos will be earned from 1 million pesos deposited. What is the interest?
1 Million
2500
0.25%
1 year
A bank offers a 0.25% annual simple interest rate for a particular deposit. After a year 2,500 pesos will be earned from 1 million pesos deposited. What is the principal amount?
1 Million
2500
0.25%
1 year
A bank offers a 0.25% annual simple interest rate for a particular deposit. After a year 2,500 pesos will be earned from 1 million pesos deposited. How many years it takes to earn an interest of 2,500 pesos.
2 years
half a year
5 years
1 year
How long will 1 Million pesos earn a simple interest of 100,000 at 1% per annum?
5 years
10 years
4 years
12 years
Mr. Sarmiento aims to have his investment grow to P500,000 in 4 years. how much should he invest in an account that pays 5% compounded annually?
411,351.24
607,753.13
389,451
745,212.90
James aims to accumulate 1 Million pesos in 12 years. Which investment will require the smallest present value?
8% simple interest
8% Compounded Annually
8% Compounded Quarterly
8% Compounded Monthly
Two annual rates with different conversion periods that will earn the same maturity value for the same time/term
Equivalent rates
Nominal rates
Effective rates
Common rates
Annual interest rate (maybe compounded more than once a year)
Equivalent rates
Nominal rates
Effective rates
Common rates
Rate when compounded annually will give the same compound each year with the normal rate
Equivalent rates
Nominal rates
Effective rates
Common rates
Raffy is planning to invest P20,000.00. At what rate compounded semi-annually will accumulate her money to P25,000.00 in 3 years?
7.58%
12.48%
6.32%
9%
A sequence of payments made at equal (fixed) intervals or periods of time
Annuity
Bond
Stocks
Income
An annuity where the payment interval is the same as the interest period
Simple Annuity
General Annuity
Ordinary Annuity
Annuity Certain
An annuity where the payment interval is NOT the same as the interest period
Simple Annuity
General Annuity
Ordinary Annuity
Annuity Certain
A type of annuity in which the payments are made at the end of each payment interval.
Simple Annuity
General Annuity
Ordinary Annuity
Annuity Certain
An annuity in which payments begin and end at definite times
Simple Annuity
Deferred Annuity
Ordinary Annuity
Annuity Certain
The buyer of the house and lot pay P200,000 cash and P10,000 every month for 20 years. If money is 9% compounded monthly, how much is the cash value of the lot?
1,311,449.54
1,411,449.54
1,511,449.54
1,211,449.54
A refrigerator is for sale at P17,999 in cash or on terms, P1,600 each month for the next 12 months. Money is 9% compounded monthly. Which is lower?
Cash price
The present value of the installment terms
In a general annuity, variable 'j' stands for?
The regular payment
the equivalent interest rate per payment interval converted from the interest rate per period.
the interest rate per period
the number of conversion periods in the deferral.
RCS Bank pays interest at the rate of 2% compounded quarterly. How much will Raphael have in the bank at the end of 5 years if he deposits P3,000 every month?
P189,126.38
P117,110.88
P138,668.16
P110,552.28
Ms. Laarni is a beneficiary of a P1,000,000 insurance policy. Instead of taking the money as lump sum, she opted to receive a monthly stipend over a period of 10 years. If the insurance policy pays an interest of 5% compounded annually, what will be her monthly stipend?
P100,000
P10,552.28
P50,000
P17,552.28
An annuity that does not begin until a given time interval has passed
Simple Annuity
Deferred Annuity
Ordinary Annuity
Annuity Certain
A place where stocks can be bought or sold.
Stock Market
Philippine Stock Exchange
Stocks
Bonds
Share in the company's profit
Dividend
Bonds
Share
Par Value
Periodic interest payment that the bondholder receives during the time between purchase date and maturity date
Coupon
Share
Bond
Par Value
A financial institution declared a dividend of P75,000.000 for its common stock. Suppose there are 900,000 shares of common stock, how much is the dividend per share?
P100
P83.33
P94.25
P57.58
A whole is divided into more than two parts.
Partitive Proportion
Inverse Proportion
Direct Proportion
Ratio and Proportion
Two variables say x and y, varying such that as x increases, y also increases or as x decreases, y also decreases always the proportionally; that is the ratio x/y same. The same holds true with the ratio y/x.
Partitive Proportion
Inverse Proportion
Direct Proportion
Ratio and Proportion
This are those numbers which come to an end after few repetitions after decimal point.
Vinculum
Repeating Decimals
Terminating Decimals
Fractions
It is the upper portion of the fraction.
Denominator
Fraction
Vinculum
Numerator
Simply tells us how many parts of a whole we have. It is composed of numerator and denominator.
Denominator
Fraction
Vinculum
Numerator
It is the lower portion of the fraction.
Denominator
Fraction
Vinculum
Numerator
Write 2/5 as a percent
40%
4%
0.4%
0.004%
Change 0.8 to a fraction
4/10
4/5
3/5
3/10
Write 3/10 as a percent
3%
30%
0.3%
0.03%
Write 2 1/4 as a percent.
22.5%
2.25%
225%
0.225%
The price paid to obtain or purchase an item.
Cost
Rate
Profit
Expenses
It is a reduction in the selling price of a product which occurs in response to a certain market condition.
Mark-up
Markdown
Mark-on
Margin
It is the price of a product increase after another increase.
Mark-up
Markdown
Mark-on
Margin
The price which the seller put on a certain product or service.
Cost
Expenses
Profit
Selling Price
The cost of which a business spent on their operation.
Rate
Cost
Profit
Expenses
The amount obtained when the revenue of a business activity exceeds the total cost.
Rate
Cost
Profit
Expenses
It is the price that a seller or a business owner must add in order to sustain his business and gain a profit.
Margin
Markdown
Mark-up
Mark-on
Business owners reduce the price to match competitor’s price adjustments
Margin
Markdown
Mark-up
Mark-on
The point when the income of business is equal to its expenditure, showing that there is neither profit nor loss.
Break-even
Profit
Rate
Cost
The amount of a charge with reference to some basic amount. It is usually expressed in percent.
Break-even
Profit
Rate
Cost
Add: 0.1 + 1.1 + 1.001 + 11.01
13.111
11.111
13.211
13.22
Round off 15.125 pesos to the nearest centavo.
15.12
15.13
15.11
15.10
What is 5% of 20?
1
2
5
10
What part of 17 is 51?
31
121
51
52
What part of 17 is 51?
31
121
51
52
Perform the indicated operation: 21−41−31
−121
121
125
127
0.02 is read as _____.
2 tens
2 hundreds
2 tenths
2 hundredths
Similar Fractions have the same denominators.
True
False
A fraction n/d is said to be in lowest term if the greatest common factor of n and d is 0.
True
False
To change mixed number to improper, multiply the denominator to the whole number then add it to the numerator.
True
False
At a movie premiere, the number of children, men and women who attended were in the ratio 2:3:4. If 236 children watched the premiere, how many persons were in the audience?
826
1500
980
1062
If the tuition fee in a certain school increased by 12% and last year’s tuition fee was P35,000, what is the new tuition fee?
P4,200
P42,000
P38,500
P39,200
What is 2/3 of 12?
4
6
8
7
If the net price of a rubber shoes is P1,200 and the trade discount rate is 40%, the list price is ______________.
P3,000
P2,500
P2,000
P1,500
20% of what number is 16?
80
3.2
51
0.20
Two equivalent ratios joined by an equal sign
current ratio
proportion
quick ratio
quotient
Maria assembled widgets M-F as follows: 23, 34, 52, 47, 31
She gets paid P4.25 per widget. How much did she get paid?
P794.75
P748
P770
P765
What is 3/10 in decimal?
3
1
0.3
0.5
A refrigerator is for sale at P17,999 in cash or on terms, P1,600 each month for the next 12 months. Money is 9% compounded monthly. Which is lower?
Cash price
The present value of the installment terms
Write 3/10 as a percent
3%
30%
0.3%
0.03%
Simply tells us how many parts of a whole we have. It is composed of numerator and denominator.
Denominator
Fraction
Vinculum
Numerator
James aims to accumulate 1 Million pesos in 12 years. Which investment will require the smallest present value?
8% simple interest
8% Compounded Annually
8% Compounded Quarterly
8% Compounded Monthly
A financial institution declared a dividend of P75,000.000 for its common stock. Suppose there are 900,000 shares of common stock, how much is the dividend per share?
P100
P83.33
P0.083
P57.58
Interest is computed on the principal and then added to it.
Coupon
Interest (I)
Simple Interest
Compound Interest
Two variables say x and y, varying such that as x increases, y also increases or as x decreases, y also decreases always the proportionally; that is the ratio x/y same. The same holds true with the ratio y/x.
Partitive Proportion
Inverse Proportion
Direct Proportion
Ratio and Proportion
What percent of 24 is 12?
25%
50%
60%
75%
The amount of money borrowed or invested on the origin date.
Principal (P)
Interest (I)
Simple Interest
Maturity Value or Future Value
Mr. Sarmiento aims to have his investment grow to P500,000 in 4 years. how much should he invest in an account that pays 5% compounded annually?
411,351.24
607,753.13
389,451
745,212.90
A bank offers a 0.25% annual simple interest rate for a particular deposit. After a year 2,500 pesos will be earned from 1 million pesos deposited. What is the interest?
1 Million
2500
0.25%
1 year
A bank offers a 0.25% annual simple interest rate for a particular deposit. After a year 2,500 pesos will be earned from 1 million pesos deposited. How many years it takes to earn an interest of 2,500 pesos.
2 years
half a year
5 years
1 year
Express 200% as a decimal.
20
2
0.2
0.02
What is 3/10 in decimal?
3
1
0.3
0.5
The practice of making one's living by engaging in commerce.
Management
Accounting
Business
Governance
A form of business where two or more people share ownership, as well as the responsibility for managing the company and the income or losses.
Sole proprietorship
Partnership
Corporation
Cooperative
A company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
Sole proprietorship
Partnership
Corporation
Cooperative
A business that can be owned and controlled by an individual
Sole proprietorship
Partnership
Corporation
Cooperative
It measures the profit or loss that an organization has made over a set of time, quarterly or yearly.
Income Statement
Balance Sheet
Cash Flow Statement
Statement of Changes in Owners' Equity
A financial statement that presents all the assets of, and claims against, or the liabilities and equity, of the firm at a particular period of time.
Cash Flow Statement
Income Statement
Statement of Changes in Owners' Equity
Balance Sheet
The overview of the company’s financial health. This gives data on the cash provided or used in operating activities.
Statement of Changes in Owners' Equity
Cash Flow Statement
Income Statement
Balance Sheet
This is what remains of the selling price (sales) after all costs and expenses had been deducted.
Sales
Gross Profit
Operating Expenses
Profit
A property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Owners' Equity
Assets
Liabilities
Profit
It refer to the total sales. Sales discounts and sales returns and allowances are deducted from the gross sales to arrive at the net sales.
Cost of Sales
Operating Expenses
Gross Sales
Operating Profit
What decimal is represented by the fraction above?
8
8.0
0.8
0.08
Which decimal is represented by the fraction above?
0.32
3.2
32.0
0.032
Which fraction does the grid represent?
6/100
60/10
6/10
6
Which decimal does the grid represent?
0.3
0.28
0.028
2.8
Fractions and decimals can be expressed in terms of the other.
true
false
either of the two
cannot be determined
Change ⅚ into its decimal form, the answer is
0.3333...
0.2333...
0.8333...
0.8383...
The number of 9s in the denominator is the same as the number of digit that repeats.
true
false
either of the two
neither of the two
What is 0.6666... in fraction form?
1/3
1/4
3/4
2/3
Which decimal represents the given fraction above?
0.6
0.66
0.06
0.6
Write 0.6 as a fraction.
6/100
1/6
3/5
5/3
Convert 5 1/10 to a decimal.
5.01
5.1
5.001
50
Convert 0.17 into a simplified fraction
17/100
17/10
17/1000
8/50
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?
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%
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?
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?
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
₱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.
₱29,305.00
