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Bus. Math Prelim

This document contains a third quarter examination for a business mathematics class. It includes multiple choice and problem solving questions that assess skills in percentages, ratios, proportions, markups/markdowns, and other quantitative business topics. The exam tests students' abilities to perform calculations, choose the correct answer from options, and show their work. It aims to evaluate their understanding of fundamental mathematical concepts applied in business contexts.

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Ping Homigop Jamio
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© © All Rights Reserved
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Download as DOCX, PDF, TXT or read online on Scribd
326 views

Bus. Math Prelim

This document contains a third quarter examination for a business mathematics class. It includes multiple choice and problem solving questions that assess skills in percentages, ratios, proportions, markups/markdowns, and other quantitative business topics. The exam tests students' abilities to perform calculations, choose the correct answer from options, and show their work. It aims to evaluate their understanding of fundamental mathematical concepts applied in business contexts.

Uploaded by

Ping Homigop Jamio
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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THIRD QUARTER EXAMINATION

BUSINESS MATHEMATICS

Name:_______________________________ Score:_________________________

Grade & Section:______________________

I. Perform the indicated operation. Express your answer to lowest term. Show your solution. (2 points
each)
11 3 1 1 1
1. [15 + 4 + 2] - [8 + 3] =

5 2 1
2. 728 - [53+64] =

7 7
3. [5 x 11] ÷ 8 =

5 1
4. 23 x [ ÷ ] =
8 4

4 1
5. 25 𝑥 8 7 =

𝟐
3
𝟑

I. MULTIPLE CHOICE. Encircle the letter of your answer. SHOW YOUR COMPLETE SOLUTION.
1. If 25 out of 50 parking areas were filled, what percent of the parking area was filled?
a. 25% b. 0.05% c. 50% d. 0.25%
2. Erna got 45 correct items in her quiz out of 75 items. How many percent of her quiz di she answer?
a. 60% b. 70% c. 65% d. 76%
3. Franz purchased a bag for PHP 100.00. She added PHP 25.00 so she can earn some money and sold the
bag for PHP 125.00. What part of the selling price was the cost?
a. 15% b. 80% c. 25% d. 1.25%
1
4. A carpenter can finish a stool in 1 4 hours. If he works 8 hours a day, 5 days a week, how many stools
can he finish in a week time?
a. 28 b. 30 c. 32 d. 34
3
5. Carlo paid PHP 161.25 for 10 liters of a certain compound. How much was the price per liter?
4
a. Php 5.00 b. Php10.00 c. Php15.00 d. Php20.00
5
6. The salary of a junior auditor is of the salary of a senior auditor. If a senior auditor earns PHP
8
45,000.00 a month, how much is the difference between their salaries?
a. Php18,375.00 b. Php28,125.00 c. Php28,080.00 d. Php16,875.00
7. How many percent of 300 is 30?
a. 1% b. 11% c. 21% d. 10%
8. Albert and William are candidates. Albert received 2,500 votes while William received 3,000 votes.
What is the ratio of Albert’s vote against William’s?
a. 7:5 b. 6:5 c. 30:25 d. 5:6
9. 25% of 300 is what part of 650?
a. 11.54% b. 15.40% c. 46% d. 15%
10. The selling price of an article last year was PHP 140.00. If the price was decreased by 6%, what is the
new selling price?
a. Php 131.60 b. Php140.50 c. Php136.70 d. Php 145.60
11. A baker uses a ratio of 1 egg for every 4 cups of flour in a certain recipe. If he or she uses a dozen eggs,
how many cups of flour will he or she need?
a. 48 b. 58 c. 45 d. 54
12. Jed and EJ decided that their profit and loss sharing ratio should be equal to their initial capital
investment. If Jed an Ej had capital balances of PHP 200,000.00 and PHP 100,000.00, respectively, how
much profit would Ej get if Jed got PHP 50,000.00 for last year?
a. Php25,000.00 b. Php30,000.00 c. Php45,000.00 d. Php32,000.00

13. Which of the following best describes a mark-up?


a. It is the sum between the cost of the merchandise and the profit
b. It is the difference between the cost of the merchandise and the profit
c. It is the amount added to the cost of merchandise to obtain a lower amount known as selling price
d. It is the amount added to the cost of merchandise to obtain a higher amount known as its selling
price
14. Which of the following holds TRUE about decimals and fractions?
1 2 3
a. Adding frations such as 10 + 5 + 12 involves a shorter process compared to adding its decimal
counterparts 0.1 + 0.4 + 0.25.
b. It is more difficult to identify which is smaller or larger between decimals as compared to fractions.
c. Addition of fraction would involve determination of the least common denominator and
conversion to similar fractions, whereas adding decimals is just like adding whole numbers.
d. None of these
15. A shirt costs PHP 159.00 and he decides to mark it up by 25% of the selling price. Find the selling price
and mark-up for the said shirt.
a. S=152.25,MU=49.75 b. S=198.75,MU=39.75 c. S=165.25,MU=45.35 d. S=132.75,MU=55.25
3 4 5 6
16. Which is the value of (1000 + 100 + 10 + 1) in decimal is form?
a. 3.456 b. 6.453 c. 4.536 d. 6.543
17. A survey asked 180 students which between the subjects Physical Science and Statistics and Probability
is their preference? The result is given by the table below?
Response Solution Which of the following represents the ratio of students
Physical Science 110 who prefer Stat. & Probability to students who prefer
Stat. & Probability 70 Physical Science?
Total 180 a. 7:11 b. 7:18 c. 11:7 d. 18:11
18. Jean buys a book with a cost of Php 625.00. The rate of mark-up based on cost is 35%. Find the selling price.
a. Php643.50 b. Php759.25 c. Php843.75 d. Php943.50
19. If a class of 120 students took the Business Math exam and 3/5 passed the test, how many students failed the
test?
a. 56 b. 64 c. 78 d. 48
20. A piece of string, 30 cm. long, is divided into two pieces in the ratio 3:2. What is the length of each of the
two pieces of string?
a. 18 cm. & 12 cm. b. 28 cm. & 14 cm. c. 16 cm. & 24 cm. d. 8cm. & 4 cm.

II. Problem Solving:


Direction: Read and analyze each problem carefully. Show your COMPLETE solution.
1 1 3 1 3 2
1. A bale of cloth contained 962 meters. The following were cut and sold: 44, 2 4, 72, 58 and 105.
a. How many meters of cloth were sold?
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________
_______________________________________________________________________________________
b. If a meter was sold for Php 55.00, how much is the total sales?
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________

c. If gross profit represents ¼ of the sales, how much is the cost of sales?
________________________________________________________________________________________
________________________________________________________________________________________
_______________________________________________________________________________________

2. Mercy earns a monthly salary of Php 6,200.00. She spends ¼ for food, 1/8 for clothing, 2/5 for education,
and 1/10 for recreation. She saves the rest.
a. Compute the amount she spends for each item and he total expenses.
________________________________________________________________________________________
________________________________________________________________________________________
________________________________________________________________________________________

b. How much does she save each month?


____________________________________________________________________________________
____________________________________________________________________________________
____________________________________________________________________________________
c. What fractional part of her salary is her savings?
____________________________________________________________________________________
____________________________________________________________________________________
____________________________________________________________________________________
d. Prepare a pie chart for Mercy’s salary?
____________________________________________________________________________________
____________________________________________________________________________________
____________________________________________________________________________________
____________________________________________________________________________________
____________________________________________________________________________________
___________________________________________________________________________________

The fear of the Lord is the beginning of knowledge; but fools despise wisdom and
instruction.

Proverbs: 1:7,NKJV

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