It is the payment received less deductions of any employee.

It is the total amount of money that a regular employee is paid every month to do their job.

Mike worked the following hours at a heating/AC company:
Monday, 5 hours
Tuesday, 10 hours
Thursday, 7.5 hours
Saturday, 15 hours
He earns 40.00 an hour and 55.00 an hour for anything over 8 hours. What was his total salary for this week?

It is the amount of money that is taken by an employer from an employee's pay for tax, insurance, sss, pag-ibig and philhealth.

Paul receives a net earning amounting to 17,830.43. If she has a total earning of 21,924.13, how much is her total deduction?

Daisy has a monthly net amounting to 10,568.23. If she receives a total deduction of 4,235.18, how much is her total earnings. What is the formula to use to get her total earnings?

If Net Earnings= 21,230.21 and Gross Earnings = 4,871.15. What is the value of Deductions?

It is a form of payment to an agent for services rendered.

This type of commission is very profitable if you are selling high-ticket items.

This is a method of compensation for the sales agent where the commission earned as a percentage of sales increases regularly with the increase in sales volume.

It occurs when the cost and expenses exceed the selling price or sales.

The amount contributed by any wage earner to the government. It is computed based on the taxable income.

How much is the cost of goods sold?

How much is its gross profit provided there is additional information that the business gave a sales discount to its client for the prompt payment amounted to P1,000

How much is the total operating expenses?

How much is the net profit/loss?

What is the difference between net profit and gross profit?

It is a reduction in the price of a product or service that is offered by the seller, in exchange for early payment by the buyer.

It is a fee that a business pays to a salesperson (agent) in exchange for his/her services in facilitating, supervising, or completing a sale.

This type of commission varies according to how many sales are made.

Fyang receives a 5% commission for every tablet she sells. If she was able to sell 5 printers at 5,500.00 each, how much does Fyang make in commission?

Choco received the amount of 899.85 as her commission for selling a cell phone that costs 5,999.00. How many percent was given to Choco as her commission?

Michael works as a sales agent in a car company, giving a 5% commission on his total sales. John is able to close a sale of a car worth P1,000,000. How much is his commission?

John works as a sales agent in a car company, giving a 4% commission on his total sales. John is able to close a sale of a car worth P1,150,000. If his salary in a month is P18,000, how much will be his total pay?

This is the amount of revenue available to pay the fixed costs for a business.

What is the formula for the break-even Price?

A business sells a product for 200.00. The variable cost per unit is 120.00, and fixed costs are 80,000.00. What is the break-even point in units?

Businesses calculate break-even in units so they know ____________________.

It is the point where revenue is equal to expenses and profit is equal to zero.

If P10,000 is invested at 5% simple interest for 2 years, how much is the interest earned?

It is a loan provided by a lender or a bank for which property or real estate is used as collateral, until such time the loan will be paid up.

It refers to the paying of debt in equal intervals with a series of equal regular cash flows over a certain amount of time.

It is the concept that a sum of money is worth more now than the same sum will be at a future date due to its earnings potential in the interim.

The amount after a number of years that the lender receives from the borrower on the maturity date.

Interest is computed on the principal and also on the accumulated past interests.

The person or (institution) who invests the money or makes the funds available.

The amount of money borrowed or invested on the origin date.

Which of the following is the main advantage of using MS Excel in solving business mathematics problems?

Why is a Pie Chart often used in business mathematics presentations?