Republic of the Philippines

Department of Education
Region III-central luzon
Division of Mabalacat City
Mabalacat National Senior High School
San Isidro, Dau, Mabalacat City, Pampanga

SECOND QUARTER- 2nd SUMMATIVE EXAMINATION

BUSINESS MATHEMATICS
1st Semester S.Y. 2020-2021
Name: ______________________________________________________ Grade & Section: ___________________

TEST I. MODIFIED TRUE OR FALSE

Directions: Write ABM if the statement is true. If the statement is false, changed the underlined
word/words to make it true.. Write your answer on the space provided before each item.
__________________1. To compare similar/like fractions, compare the numerators just like whole
numbers, i.e. the larger the numerator, the larger is the value of the fraction.
__________________2. A bar when divided into 4 equal parts will have each piece smaller than when it is
divided into 3 equal parts
__________________3. The fraction is undefined if denominator is zero and numerator is non-zero;
indeterminate, if both numerator and denominator are zeros.
__________________4. If the ratio of passing grades to failing grades is 5 to 3, then out of 8 students, 3
are expected to fail.
__________________5. In a direct proportion – two variables, say x and y, varying such that as x
increases, y also increases or as x decreases, y also decreases proportionally; that is, the ratio is
always the same.
__________________6. Mark-up is the difference between the selling price and the cost price which is
sometimes referred to as Margin or Gross-Profit.
__________________7. Selling price the price at which the commodity is sold per unit.
__________________8. Mark-downs commonly happen when the mall decides to sell their items at cut
down prices to clear their warehouse collection.
__________________9. It is possible that instead of making the business owner earn a positive profit,
selling an item on sale sometimes gives rise to a negative profit. In this case, the profit is said to be a
LOSS.

TEST II. MULTIPLE CHOICE (Higher Order Thinking Skills)

Directions: Choose the correct answer and write only the letter on the space provided before each
item.
___10. Five students (namely A,B,C,D,E) are to share equally with each other one bilao of suman for
their snacks. If for some reason, B has to leave and decides to give her share to C, what fraction of the
suman will C have?
a. 1/5 b. 2/5 c. 3/5 d. 1/6
___11. Which of the following statements in NOT true?
a. The LCD is equal to the product of all the unique prime factors found in the denominators.
b. To add/subtract fractions with different denominators, we first convert the fractions to
similar fractions.
c. A complex fraction may be simplified by reducing the entire numerator and/or entire
denominator into single fractions and applying the rule on division of fractions.
d. Relatively prime numbers are positive integers which have common prime factors
___12. A car travels 120 km on 10 liters of gas. Give the ratio of kilometers to liters (the rate) and
express as a unit rate.
a. 12 kilometers/liter b. 120 kilometers/liter c. 10 kilometers/liter d. 12
liters/ kilometer
___13. Len bought a lot measuring 450 square meters. If 25sq.m. is allotted for a storage room, what
fraction of the entire lot is the storage room?
a. 1/50 b. 1/18 c. 25/45 d. 18
___14. A survey asked 130 students which between the subjects Accountancy and Marketing is their
preference. The result is given by the table below. Which of the following represents the ratio of
students who prefer Marketing to students who prefer Accountancy.
a. 7:6 b. 6:7 c. 7:13 d. 13:6

___15. Which of the following holds TRUE about decimals and fractions?

Address: San Isidro Dau, Mabalacat City, Pampanga

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 a. Adding fractions such as 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 fractions 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.
___16. Which of the following would best describe how profit is being determined?
a. Subtract the sum of the cost price and operating price from the selling price
b. Add the sum of the cost price and operating price from the selling price
c. Subtract the sum of the cost price and selling price from the operating price
d. None of these.
___17. Which of the following best describes a markup?
a. It is the amount added to the cost of merchandise to obtain a higher amount known as its
selling price?
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 its
selling price?
d. It is the sum between the cost of the merchandise and the profit.
___18. A carinderia owner earned a total of ₱ 5,650.00 for the day. Looking at her notebook, she noted
that she has spent a total of ₱ 3,125.00 on the same day to cover all the ingredients and other things
she used for her store. Which formula would determine her profit for the day?
a. Cost = Profit + Revenue b. Profit = Revenue-Cost
c. Profit = Revenue+Cost d. Cost = Profit- Revenue
___19. Divide 42 by 31/3.
a. 123/5 b. 142/3 c. 15 d. 161/5
___20. When 1/4 of 720 is subtracted from 3/7 of 567, what is the result?
a. 63 b. 61 c. 64 d. 72
___21. What is the average of 1/2,(1 )/4 and . 1/3 ?
a.13/12 b. 13/24 c. 13/36 d. 13/48
___22. Find the fractional equivalent of 0.54545454…
a. 54/100 b. 54/99 c. 54/999 d. 54/99
___23. What are the prime factors of 1260?
a..2^2∙3^2∙35 b. 2^2∙3^3∙7∙5 c.. 2^2∙3^2∙7∙5 d. 2^3∙3^3∙7∙5
___24. A company manufactured school supply sets for 2/3 of the university belt population of 48,000
as its target
market. A survey revealed that only 3/4 of the intended marker purchased its product. What is
the actual number of consumers?
a. 16,000 b. 24,000 c. 10,000 d. 36,000
___25. Ella had some money, she gave 1/5 of it to her parents, spent 1/3 in a bookstore and saved the
rest. If she bought 2 books worth P 354 each and a highlighter that cost P 42.00, how much money did
Ella had at first?
a. ₱ 3,250 b. ₱ 3,500 c. ₱ 3, 750 d. ₱ 2,250
___26. Eight tea bags are needed to make 5 liters of iced tea. How many tea bags are needed to make
15 liters of iced tea?
a.13 b. 23 c. 24 d. 25
___27. A manufacturer knows that during an average production run, out of 1,000 items produced by
a certain machine, 25 will be defective. If the machine produces 2,030 items, how many can be
expected to be defective?
a. 48 b. 49 c. 51 d. 52
___28. To finish a certain job in 8 days, 6 workers are needed. If it is required to finish the same job in
2 days advance, how many workers have to work?
a. 7 b. 8 c. 9 d. 10
___29. Julia buys a notebook with a cost of ₱ 45. The rate of mark-up based on cost is 25%. Find the
selling price of the notebook.
a. ₱ 56.25 b. ₱ 60.50 d. ₱ 65.25 d. ₱ 70.00
___30. Aling Ana would like to sell little trinkets she purchased from Divisoria for ₱ 12 each. If the
operating cost is set at 25% of the cost and she would like to have a 15% profit on the cost of each
item, determine the mark-up price for each trinket.
a. ₱ 4.80 b. ₱ 4.90 c. ₱ 13.00 d. ₱ 16.80

Address: San Isidro Dau, Mabalacat City, Pampanga

Email Address: [email protected]