Question 1

Correct
Mark 1.00 out of 1.00

Flag question
Question text

If 6 men can make a house in 28 days, how long will it take 4 men to do the same job?
Select one:
a. 47 days
b. 36days
c. 19 days

d. 42 days 
Feedback

The correct answer is: 42 days

Question 2
Correct
Mark 1.00 out of 1.00

Flag question
Question text

A product costs Php50. Initial retail price was Php75, after a month, a 10% additional
mark-up was integrated. What is the gross margin?

Select one:
a. Php32.50 
b. Php25
c. Php31.25

d. Php7.50
Feedback
The correct answer is: Php32.50

Question 3
Correct
Mark 1.00 out of 1.00

Flag question
Question text

10/12 is an example of

Select one:
a. mixed fraction
b. improper fraction
c. none of these

d. proper fraction 
Feedback

The correct answer is: proper fraction

Question 4
Correct
Mark 1.00 out of 1.00

Flag question
Question text

One thousandths is an example of

Select one:
a. discrete numbers
b. decimal 
c. percentage

d. fraction
Feedback
The correct answer is: decimal

Question 5
Incorrect
Mark 0.00 out of 1.00

Flag question
Question text

If 6 men can paint our house in 18 days, 4 men can do the same job within 27 days. The
statement describes
Select one:
a. Inverse Proportion
b. Direct Proportion
c. Partitive

d. Indirect Proportion 
Feedback

The correct answer is: Inverse Proportion

Question 6
Correct
Mark 1.00 out of 1.00

Flag question
Question text

On January 5, 2016, Mr. Ken bought merchandise with an invoice of P150,000 with terms
1/10, n/30. He paid on January 10, 2016. How much is the discount that he got?

Select one:
a. none
b. Php1,500 
c. Php450
d. Php4,500
Feedback

The correct answer is: Php1,500

Question 7
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. A, Mr. B and Mr. C invested a total of Php50,000 to open a store. Their ratio of their
capital investment is 3:2:2, respectively. What kind of proportion is being described?

Select one:
a. Indirect Proportion
b. Partitive 
c. Inverse Proportion

d. Direct Proportion
Feedback

The correct answer is: Partitive

Question 8
Correct
Mark 1.00 out of 1.00

Flag question
Question text

The return of merchandise that was bought, is governed by the rules set by

Select one:
a. Department of Education
b. Department of Labor and Employment
c. Bureau of Internal Revenue

d. Department of Trade and Industry 

Feedback

The correct answer is: Department of Trade and Industry

Question 9
Correct
Mark 1.00 out of 1.00

Flag question
Question text

(100÷5%)+31%-(54%x31%) = _____
Select one:
a. 10,142.60
b. 214.26
c. 2,000.14 

d. none of these
Feedback

The correct answer is: 2,000.14

Question 10
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Which is not being used to represent a part of a whole?

Select one:
a. decimal
b. discrete numbers 
c. percentage

d. fraction
Feedback

The correct answer is: discrete numbers

Question 11
Correct
Mark 1.00 out of 1.00

Flag question
Question text

ABC Merchandise has currently has 200 items of merchandise costing Php500 each.
Currently, the business expenses already reached Php50,000. How much must be the
selling price of the merchandise in order to breakeven?
Select one:
a. Php950
b. Php750 
c. Php650

d. Php850
Feedback

The correct answer is: Php750

Question 12
Correct
Mark 1.00 out of 1.00

Flag question
Question text
Mr. Mat has USD12 on hand. He went to a money exchange center and converted his
money into Php600. What is the current exchange rate expressed in Php/USD?

Select one:
a. Php48 per USD
b. Php60 per USD
c. Php120 per USD

d. Php50 per USD 

Feedback

The correct answer is: Php50 per USD

Question 13
Incorrect
Mark 0.00 out of 1.00

Flag question
Question text

ABCD Merchandise initially sold Product X at Php30. This statement describes

Select one:
a. Retail Price 
b. Gross Margin
c. Mark-up

d. Mark-down
Feedback

The correct answer is: Gross Margin

Question 14
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Han bought merchandise with a total original price of P25,000 for. Because he
purchased a large quantity he is entitled of the 20% discount. How much must he pay?
Select one:
a. Php19,750
b. Php20,108.80
c. Php20,000 

d. Php21,500
Feedback

The correct answer is: Php20,000

Question 15
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Madam Kurdapya died leaving her 220 hectares of land worth Php75,000,000 and other
properties worth Php25,000,000. In her last will and testament, it was stipulated that
30% of the land will be given to the first child, 30% to the second child and 40% to the
third child. The other properties will be given fully to the first child. What is the fraction
of the first child's total inheritance from the total properties of his mother?
Select one:
a. 9/20
b. 47/100
c. 19/40 

d. 3/10
Feedback

The correct answer is: 19/40

Question 16
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Jones loaned at the bank for an amount worth Php2,000,000. His interest expense
for the whole year is Php150,000. What is the interest rate?

Select one:
a. 6% per month
b. 8% per year
c. 7.5% per year 

d. 6.3% per month

Feedback

The correct answer is: 7.5% per year

Question 17
Correct
Mark 1.00 out of 1.00

Flag question
Question text

One and one fourth is an example of

Select one:
a. mixed fraction 
b. none of these
c. improper fraction

d. proper fraction
Feedback
The correct answer is: mixed fraction

Question 18
Correct
Mark 1.00 out of 1.00

Flag question
Question text

ABCD Merchandise initially sold Product X at Php30. After a week, the retail price was
increased to Php32. The difference between Php30 and Php32 is called as
Select one:
a. Mark-down
b. Gross Margin
c. Retail Price

d. Mark-up 
Feedback

The correct answer is: Mark-up

Question 19
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Kang and Ms. Kong are partners in KangKong Business. They agreed to share profits
in a ratio of 3:2 respectively. The business had a gross profit of Php1,000,000; total
business expenses of Php200,000. How much will Mr. Kang get?
Select one:
a. Php600,000
b. Php400,000
c. Php320,000

d. Php480,000 
Feedback

The correct answer is: Php480,000

Question 20
Incorrect
Mark 0.00 out of 1.00

Flag question
Question text

(1000/50)x(11.5)x(0.05)+5.75-(2.70+3.35)+0.31 = _____
Select one:
a. 6.25
b. 11.59
c. 25.76

d. none of these 
Feedback

The correct answer is: 11.59

Question 21
Correct
Mark 1.00 out of 1.00

Flag question
Question text

ABCD Merchandise initially sold Product X at Php30. After a week, the retail price was
increased to Php28. The difference between Php30 and php28 is called as

Select one:
a. Retail Price
b. Mark-down 
c. Mark-up

d. Gross Margin
Feedback

The correct answer is: Mark-down

Question 22
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Jones loaned Php1,500,000 at 5% simple annual interest. How much is the interest
expense for the first 3 months?

Select one:
a. Php18,750 
b. Php25,000
c. Php75,000

d. Php7,500
Feedback

The correct answer is: Php18,750

Question 23
Correct
Mark 1.00 out of 1.00

Flag question
Question text
Mr. Mata and Ms. Lino are Partners in MataLino Merchandise. It was agreed that 30% of
the profit will be given to Mr. Mata and the rest will go to Mr. Lino. The business has a
total sales of Php200,000; Cost of sales is Php45,000 and business expenses were
Php35,000. How much share in profit will Mr. Lino get?

Select one:
a. Php36,000
b. Php84,000 
c. Php140,000

d. Php120,000
Feedback

The correct answer is: Php84,000

Question 24
Correct
Mark 1.00 out of 1.00

Flag question
Question text

John took an exam and got a score of 10 points. His score is 0.025 of the total points.
How many points are there in the exam?
Select one:
a. 400 
b. 40
c. 25

d. 250
Feedback

The correct answer is: 400

Question 25
Correct
Mark 1.00 out of 1.00
 Flag question
Question text

If the cost of 1 kg of rice is Php45.25, then what would be the cost of 3 kg rice?
Select one:
a. Php452.50
b. Php135.75 
c. Php234.25

d. Php181.50
Feedback

The correct answer is: Php135.75

Question 26
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Pen, a high income generating individual proposed to Ms. Apple. One day after that,
they were immediately married without pre-nuptial agreement. Eleven months after the
marriage, out of his salary, Mr. Pen bought a house and lot worth Php1,500,000. This
property is a considered as a conjugal property. Conjugal properties are owned equally
by both the husband and the wife. One day later, Ms. Apple wants an annulment. If the
annulment will be pushed, what is the value of the share of Mrs Apple in the house and
lot?
Select one:
a. None
b. Php500,000
c. Php1,500,000
d. Php750,000 
Feedback

The correct answer is: Php750,000

Question 27
Correct
Mark 1.00 out of 1.00

Flag question
Question text

The current retail price of Product C is Php200. The management decided to have a 20%
mark-down. The product was sold at its new price. After a month the management
decided to put an additional mark-up worth 40% of the new selling price. What is the
latest selling price of the product?

Select one:
a. Php96
b. Php336
c. Php224 

d. Php160
Feedback

The correct answer is: Php224

Question 28
Correct
Mark 1.00 out of 1.00

Flag question
Question text

If the cost of 1 kg of sugar is Php20, then 3 kg of sugar is Php60. The statement

describes
Select one:
a. Direct Proportion 
b. Inverse Proportion
c. Indirect Proportion

d. Partitive
Feedback

The correct answer is: Direct Proportion

Question 29
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Assume that ABCD Merchandise sold goods on Sept. 20 for P3,000, with terms 2/10,
n/60. The buyer has paid immediately after 2 days, how much is the sales discount?
Select one:
a. Php1,800
b. Php300
c. Php60

d. Php90 
Feedback

The correct answer is: Php90

Question 30
Correct
Mark 1.00 out of 1.00

Flag question
Question text
ABCD Company laws states that 10% of its monthly profits will be distributed and
equally divided to its employees. ABCD has 30 employees and has earned a profit worth
Php4,000,000. In an average, how much will each employee get?
Select one:
a. Php13,333.33 
b. Php16,666.67
c. Php10,000

d. Php13,000
Feedback

The correct answer is: Php13,333.33

Question 31
Correct
Mark 1.00 out of 1.00

Flag question
Question text

In the month of September the retail price of the product is Php1,500. For the month
October they had an additional mark-up of 10% based on the retail price. For the month
of November they had another markup worth 10% of the October retail price. For the
month of December they had 15% markdown based on the November retail price. What
is the price of the product on December?
Select one:
a. Php1,815.25
b. Php2,722.50
c. Php1,575.00

d. Php1,542.75 
Feedback

The correct answer is: Php1,542.75

Question 32
Correct
Mark 1.00 out of 1.00

Flag question
Question text

ABCD Merchandise initially sold Product X at Php30. After a week, the retail price was
increased to Php28. The difference between Php30 and php28 is called as
Select one:
a. Gross Margin
b. Retail Price
c. Mark-down 

d. Mark-up
Feedback

The correct answer is: Mark-down

Question 33
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Seventy divided by twenty one is closest to

Select one:
a. 333%
b. 10/3 
c. three and one fourth

d. 3.33
Feedback

The correct answer is: 10/3

Question 34
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Assume that ABCD Merchandise sold goods on Sept. 20 for P3,000, with terms 2/10,
n/60. The buyer has paid immediately after 2 days, how much is the sales discount?

Select one:
a. Php1,800
b. Php300
c. Php60

d. Php90 
Feedback

The correct answer is: Php90

Question 35
Correct
Mark 1.00 out of 1.00

Flag question
Question text

(55-5/5)+10/5-6/(10+5/7) is equal to

Select one:
a. 46.14
b. 4.11
c. 55.44 

d. 7.80
Feedback
The correct answer is: 55.44

Question 36
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Jones loaned Php1,500,000 at 5% simple annual interest. If the loan will be 2 years.
What will be the total interest expense for the two year period?
Select one:
a. Php75,000
b. Php250,000
c. Php150,000 

d. Php200,000
Feedback

The correct answer is: Php150,000

Question 37
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Jones loaned Php1,500,000 at 5% simple annual interest. How much is the interest expense
for the first 3 months?

Select one:
a. Php96
b. Php336
c. Php155
d. Php168 
Feedback

The correct answer is: Php168

Question 38
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mrs. Fe has USD50 on hand. If the current exchange rate is Php 47.55 per US Dollar.
How much will she get if she will convert her money today?

Select one:
a. Php2,377.50 
b. Php2,139.75
c. Php2,350

d. Php475.50
Feedback

The correct answer is: Php2,377.50

Question 39
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Am, Mr. Bis and Mr. Yoso are partners in AmBisYoso Business. They agreed to share
profits in a ratio of 3:2:1 respectively. The business has net profit worth Php1,500,000.
How much will Mr. Bis get?

Select one:
a. Php1,000,000
b. Php500,000 
c. Php750,000

d. Php250,000
Feedback

The correct answer is: Php500,000

Question 40
Correct
Mark 1.00 out of 1.00

Flag question
Question text

John took an exam which has a 1 hour time limit. He finished the answering all the exam
items for 35 minutes. How much time is left for him to review his answers?

Select one:
a. 35 minutes
b. 0.41 hours
c. 5/12 hours 

d. 15 minutes
Feedback

The correct answer is: 5/12 hours

Question 41
Correct
Mark 1.00 out of 1.00

Flag question
Question text
ABC Merchandise has currently has 200 items of merchandise costing Php500 each.
Currently, the business expenses already reached Php50,000. How much must be the
selling price of the merchandise in order to have a profit of 50,000?
Select one:
a. Php1,125
b. Php1,250
c. Php1,000 

d. Php850
Feedback

The correct answer is: Php1,000

Question 42
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Express two tenths and eight hundredths into fractions

Select one:
a. 7/25 
b. 5/2
c. 2/8

d. 1/4
Feedback

The correct answer is: 7/25

Question 43
Correct
Mark 1.00 out of 1.00
 Flag question
Question text

Mr. A, Mr. B and Mr. C are partners in ABC Business. They agreed to share profits in a
ratio of 3:2:1 respectively. If the share of Mr. B in the profit is Php350,000. How much is
the total profit?
Select one:
a. Php1,525,000
b. Php1,050,000 
c. Php1,625,000

d. Php1,400,000
Feedback

The correct answer is: Php1,050,000

Question 44
Correct
Mark 1.00 out of 1.00

Flag question
Question text

5/2 is equivalent to
Select one:
a. 10/6
b. 25%
c. 2.25

d. two and five tenths 

Feedback

The correct answer is: two and five tenths

Question 45
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Ken earns Php450 within 3 hours. How much will he earn if he works for 8 hours?
Select one:
a. Php1,350
b. Php1450
c. Php950

d. Php1,200 
Feedback

The correct answer is: Php1,200

Question 46
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Which fraction has the greatest value

Select one:
a. 105/25
b. 4/3
c. 21/2 

d. 1000/545
Feedback
The correct answer is: 21/2

Question 47
Incorrect
Mark 0.00 out of 1.00

Flag question
Question text

On January 5, 2016, Mr. Ken bought merchandise with an invoice of P150,000 with terms
1/10, n/30. He paid on January 30, 2016. How much is the discount that he got?
Select one:
a. Php4,500
b. Php1,500 
c. none

d. Php450
Feedback

The correct answer is: none

Question 48
Correct
Mark 1.00 out of 1.00

Flag question
Question text

4/4 is an example of
Select one:
a. none of these
b. proper fraction
c. mixed fraction

d. improper fraction 
Feedback

The correct answer is: improper fraction

Question 49
Incorrect
Mark 0.00 out of 1.00

Flag question
Question text

The cost of the Product X is Php 25. ABCD Merchandise initially sold it at Php30. After a
week, the retail price was increased to Php35. The difference between Php35 and php25
is called as
Select one:
a. Mark-down
b. Gross Margin
c. Retail Price

d. Mark-up 
Feedback

The correct answer is: Gross Margin

Question 50
Correct
Mark 1.00 out of 1.00

Flag question
Question text

This is a way of writing parts of a whole with the use of a numerator and a denominator.
Select one:
a. fraction 
b. percentage
c. discrete numbers

d. decimal
Feedback

The correct answer is: fraction

Question 1
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. A, Mr. B and Mr. C invested a total of Php50,000 to open a store. Their ratio of their
capital investment is 3:2:2, respectively. What kind of proportion is being described?

Select one:
a. Inverse Proportion
b. Direct Proportion
c. Partitive 

d. Indirect Proportion
Question 2
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Pen, a high income generating individual proposed to Ms. Apple. One day after that,
they were immediately married without pre-nuptial agreement. Eleven months after the
marriage, out of his salary, Mr. Pen bought a house and lot worth Php1,500,000. This
property is a considered as a conjugal property. Conjugal properties are owned equally
by both the husband and the wife. One day later, Ms. Apple wants an annulment. If the
annulment will be pushed, what is the value of the share of Mrs Apple in the house and
lot?

Select one:
a. Php750,000 
b. Php500,000
c. None

d. Php1,500,000
Question 3
Correct
Mark 1.00 out of 1.00

Flag question
Question text

ABCD Company laws states that 10% of its monthly profits will be distributed and
equally divided to its employees. ABCD has 30 employees and has earned a profit worth
Php4,000,000. In an average, how much will each employee get?

Select one:
a. Php10,000
b. Php13,000
c. Php13,333.33 

d. Php16,666.67
Question 4
Correct
Mark 1.00 out of 1.00

Flag question
Question text

On January 5, 2016, Mr. Ken bought merchandise with an invoice of P150,000 with terms
1/10, n/30. He paid on January 30, 2016. How much is the discount that he got?
Select one:
a. Php450
b. Php4,500
c. none 

d. Php1,500
Question 5
Correct
Mark 1.00 out of 1.00

Flag question
Question text

ABCD Merchandise initially sold Product X at Php30. After a week, the retail price was
increased to Php28. The difference between Php30 and php28 is called as
Select one:
a. Retail Price
b. Mark-down 
c. Gross Margin

d. Mark-up
Question 6
Correct
Mark 1.00 out of 1.00

Flag question
Question text

One and one fourth is an example of

Select one:
a. improper fraction
b. mixed fraction 
c. proper fraction

d. none of these
Question 7
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Which fraction has the greatest value

Select one:
a. 4/3
b. 21/2 
c. 1000/545

d. 105/25
Question 8
Correct
Mark 1.00 out of 1.00

Flag question
Question text

John took an exam and got a score of 10 points. His score is 0.025 of the total points.
How many points are there in the exam?

Select one:
a. 250
b. 25
c. 400 

d. 40
Question 9
Correct
Mark 1.00 out of 1.00

Flag question
Question text

One thousandths is an example of

Select one:
a. decimal 
b. percentage
c. discrete numbers

d. fraction
Question 10
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Mata and Ms. Lino are Partners in MataLino Merchandise. It was agreed that 30% of
the profit will be given to Mr. Mata and the rest will go to Mr. Lino. The business has a
total sales of Php200,000; Cost of sales is Php45,000 and business expenses were
Php35,000. How much share in profit will Mr. Lino get?

Select one:
a. Php120,000
b. Php84,000 
c. Php36,000

d. Php140,000
Question 11
Incorrect
Mark 0.00 out of 1.00
 Flag question
Question text

John sells each slice at Php15.50. Assume that he sells at a constant rate of 3 slices per
10 minutes. If a pizza is sliced in eight parts, how many pizzas will be sold within 3
hours?
Select one:
a. 6.75
b. 11.25
c. 720

d. 54 
Question 12
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Am, Mr. Bis and Mr. Yoso are partners in AmBisYoso Business. They agreed to share
profits in a ratio of 3:2:1 respectively. The business has net profit worth Php1,500,000.
How much will Mr. Bis get?
Select one:
a. Php250,000
b. Php1,000,000
c. Php750,000

d. Php500,000 
Question 13
Correct
Mark 1.00 out of 1.00
 Flag question
Question text

If the cost of 2 kg of sugar is Php48, then what would be the cost of 7 kg sugar?
Select one:
a. Php168 
b. Php155
c. Php336

d. Php96
Question 14
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Jones loaned Php1,500,000 at 5% simple annual interest. How much is the interest
expense for the first 3 months?

Select one:
a. Php75,000
b. Php25,000
c. Php18,750 

d. Php7,500
Question 15
Correct
Mark 1.00 out of 1.00

Flag question
Question text

ABC Merchandise has currently has 200 items of merchandise costing Php500 each.
Currently, the business expenses already reached Php50,000. How much must be the
selling price of the merchandise in order to breakeven?

Select one:
a. Php750 
b. Php950
c. Php850

d. Php650
Question 16
Correct
Mark 1.00 out of 1.00

Flag question
Question text

If the cost of 1 kg of sugar is Php20, then 3 kg of sugar is Php60. The statement

describes
Select one:
a. Direct Proportion 
b. Inverse Proportion
c. Partitive

d. Indirect Proportion
Question 17
Correct
Mark 1.00 out of 1.00

Flag question
Question text
Assume that ABCD Merchandise sold goods on Sept. 20 for P3,000, with terms 2/10,
n/60. The buyer has paid immediately after 2 days, how much is the sales discount?

Select one:
a. Php60
b. Php90 
c. Php1,800

d. Php300
Question 18
Correct
Mark 1.00 out of 1.00

Flag question
Question text

A pizza is sliced in eight parts. John sells each slice at Php15.50. Supposing that he sells
at a constant rate of 3 slices per 10 minutes how much will he earn for 3 hours?
Select one:
a. Php139.50
b. Php1,395.00
c. Php837.00 

d. Php54.00
Question 19
Incorrect
Mark 0.00 out of 1.00

Flag question
Question text

Jenny has Php200 bill, she bought candies worth Php58.50. How much does she have
left?

Select one:
a. Php258.50 
b. Php200
c. Php58.50

d. Php141.50
Question 20
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mrs. Fe has USD50 on hand. If the current exchange rate is Php 47.55 per US Dollar.
How much will she get if she will convert her money today?

Select one:
a. Php2,139.75
b. Php2,350
c. Php475.50

d. Php2,377.50 
Question 21
Incorrect
Mark 0.00 out of 1.00

Flag question
Question text

Mr. John, Ms. Chen and Mr. Tan are Partners in Business. Business profits are being
shared 3:2:1 respectively. The total business profits to be divided by the three individuals
is Php300,000. How much will Mr. Tan receive?

Select one:
a. Php50,000
b. Php200,000
c. Php150,000

d. Php100,000 
Question 22
Incorrect
Mark 1.00 out of 1.00

Flag question
Question text

8/90 is equivalent to
Select one:
a. eight and nine thenths
b. 0.89 
c. 11.25%

d. 4/45
Question 23
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Madam Kurdapya died leaving her 220 hectares of land worth Php75,000,000 and other
properties worth Php25,000,000. In her last will and testament, it was stipulated that
30% of the land will be given to the first child, 30% to the second child and 40% to the
third child. The other properties will be given fully to the first child. What is the fraction
of the first child's total inheritance from the total properties of his mother?
Select one:
a. 19/40 
b. 3/10
c. 47/100
d. 9/20
Question 24
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Jones loaned Php1,500,000 at 5% simple annual interest. If the loan will be 2 years.
What will be the total interest expense for the two year period?

Select one:
a. Php250,000
b. Php75,000
c. Php150,000 

d. Php200,000
Question 25
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Convert 89/7 to decimals

Select one:
a. 19.6
b. 9.4
c. 89.7

d. 12.71 
Question 26
Correct
Mark 1.00 out of 1.00
 Flag question
Question text

Mr. Ken earns Php450 within 3 hours. How much will he earn if he works for 8 hours?
Select one:
a. Php950
b. Php1,200 
c. Php1450

d. Php1,350
Question 27
Correct
Mark 1.00 out of 1.00

Flag question
Question text

In the month of September the retail price of the product is Php1,500. For the month
October they had an additional mark-up of 10% based on the retail price. For the month
of November they had another markup worth 10% of the October retail price. For the
month of December they had 15% markdown based on the November retail price. What
is the price of the product on December?
Select one:
a. Php1,542.75 
b. Php2,722.50
c. Php1,575.00

d. Php1,815.25
Question 28
Correct
Mark 1.00 out of 1.00
 Flag question
Question text

4/4 is an example of
Select one:
a. mixed fraction
b. improper fraction 
c. proper fraction

d. none of these
Question 29
Correct
Mark 1.00 out of 1.00

Flag question
Question text

The cost of the Product X is Php 25. ABCD Merchandise initially sold it at Php30. After a
week, the retail price was increased to Php35. The difference between Php35 and php25
is called as
Select one:
a. Retail Price
b. Mark-up
c. Gross Margin 

d. Mark-down
Question 30
Correct
Mark 1.00 out of 1.00
 Flag question
Question text

Seventy divided by twenty one is closest to

Select one:
a. 333%
b. three and one fourth
c. 10/3 

d. 3.33
Question 31
Correct
Mark 1.00 out of 1.00

Flag question
Question text

If 6 men can make a house in 28 days, how long will it take 4 men to do the same job?
Select one:
a. 42 days 
b. 36days
c. 47 days

d. 19 days
Question 32
Correct
Mark 1.00 out of 1.00

Flag question
Question text
ABCD Merchandise initially sold Product X at Php30. This statement describes
Select one:
a. Gross Margin 
b. Mark-down
c. Retail Price

d. Mark-up
Question 33
Correct
Mark 1.00 out of 1.00

Flag question
Question text

On January 5, 2016, Mr. Ken bought merchandise with an invoice of P150,000 with terms
1/10, n/30. He paid on January 10, 2016. How much is the discount that he got?

Select one:
a. Php450
b. none
c. Php1,500 

d. Php4,500
Question 34
Correct
Mark 1.00 out of 1.00

Flag question
Question text

A product costs Php50. Initial retail price was Php75, after a month, a 10% additional
mark-up was integrated. What is the gross margin?
Select one:
a. Php25
b. Php31.25
c. Php32.50 

d. Php7.50
Question 35
Correct
Mark 1.00 out of 1.00

Flag question
Question text

(55-5/5)+10/5-6/(10+5/7) is equal to
Select one:
a. 4.11
b. 7.80
c. 55.44 

d. 46.14
Question 36
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Mat has USD12 on hand. He went to a money exchange center and converted his
money into Php600. What is the current exchange rate expressed in Php/USD?

Select one:
a. Php48 per USD
b. Php50 per USD 
c. Php120 per USD

d. Php60 per USD

Question 37
Correct
Mark 1.00 out of 1.00

Flag question
Question text

The return of merchandise that was bought, is governed by the rules set by
Select one:
a. Bureau of Internal Revenue
b. Department of Education
c. Department of Labor and Employment

d. Department of Trade and Industry 

Question 38
Correct
Mark 1.00 out of 1.00

Flag question
Question text

ABCD Merchandise initially sold Product X at Php30. After a week, the retail price was
increased to Php32. The difference between Php30 and Php32 is called as

Select one:
a. Retail Price
b. Gross Margin
c. Mark-up 

d. Mark-down
Question 39
Correct
Mark 1.00 out of 1.00
 Flag question
Question text

If 6 men can paint our house in 18 days, 4 men can do the same job within 27 days. The
statement describes

Select one:
a. Inverse Proportion 
b. Direct Proportion
c. Partitive

d. Indirect Proportion
Question 40
Correct
Mark 1.00 out of 1.00

Flag question
Question text

The cost of the Product X is Php 25. ABCD Merchandise initially sold it at Php30. After a
week, the retail price was increased to Php35. The difference between Php35 and php25
is called as

Select one:
a. Retail Price
b. Mark-down
c. Mark-up

d. Gross Margin 
Question 41
Correct
Mark 1.00 out of 1.00
 Flag question
Question text

ABCD Merchandise initially sold Product X at Php30. After a week, the retail price was
increased to Php32. The difference between Php30 and Php32 is called as

Select one:
a. Gross Margin
b. Mark-up 
c. Mark-down

d. Retail Price
Question 42
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Which is not being used to represent a part of a whole?

Select one:
a. fraction
b. decimal
c. percentage

d. discrete numbers 
Question 43
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Kang and Ms. Kong are partners in KangKong Business. They agreed to share profits
in a ratio of 3:2 respectively. The business had a gross profit of Php1,000,000; total
business expenses of Php200,000. How much will Mr. Kang get?

Select one:
a. Php480,000 
b. Php320,000
c. Php400,000

d. Php600,000
Question 44
Correct
Mark 1.00 out of 1.00

Flag question
Question text

10/12 is an example of

Select one:
a. proper fraction 
b. improper fraction
c. mixed fraction

d. none of these
Question 45
Correct
Mark 1.00 out of 1.00

Flag question
Question text
Mr. A, Mr. B and Mr. C are partners in ABC Business. They agreed to share profits in a
ratio of 3:2:1 respectively. If the share of Mr. B in the profit is Php350,000. How much is
the total profit?
Select one:
a. Php1,050,000 
b. Php1,400,000
c. Php1,625,000

d. Php1,525,000
Question 46
Correct
Mark 1.00 out of 1.00

Flag question
Question text

John has Php75.25 on hand, his mother gave him candies worth Php5.75. How much
money does John have?

Select one:
a. Php69.50
b. Php81.00
c. Php5.75

d. Php75.25 
Question 47
Correct
Mark 1.00 out of 1.00

Flag question
Question text

ABCD Merchandise initially sold Product X at Php30. This statement describes

Select one:
a. Retail Price
b. Mark-down
c. Mark-up

d. Gross Margin 
Question 48
Correct
Mark 1.00 out of 1.00

Flag question
Question text

This is a way of writing parts of a whole with the use of a numerator and a denominator.
Select one:
a. percentage
b. discrete numbers
c. decimal

d. fraction 
Question 49
Correct
Mark 1.00 out of 1.00

Flag question
Question text

ABC Merchandise has currently has 200 items of merchandise costing Php500 each.
Currently, the business expenses already reached Php50,000. How much must be the
selling price of the merchandise in order to have a profit of 50,000?
Select one:
a. Php850
b. Php1,000 
c. Php1,125

d. Php1,250
Question 50
Correct
Mark 1.00 out of 1.00

Flag question
Question text

Mr. Han bought merchandise with a total original price of P25,000 for. Because he
purchased a large quantity he is entitled of the 20% discount. How much must he pay?

Select one:
a. Php19,750
b. Php20,108.80
c. Php21,500

d. Php20,000