Business Mathematics

PROBLEM SET#: 2
Name:_______
Section:______

Instructions: Answer the following problems a show your complete solution for complete
credits of points. Each question is equal to five points each. Send your answers in messenger via
pm.
Deadline: 6pm in Monday, October 18, 2020
1. What is the tax rate of a product if Martin paid "₱"2,354 with included "₱"87 as sales
tax?
2. Bea and Camille agreed to share profits and losses according to their capital ratio. Using
Bea’s capital of "₱"16,000 and Camille’s "₱"25,000, find the share of each in a net loss
of "₱"5,500.
3. If a company has a return of investment of 15% and a capital of "₱"1,700,000, what is the
company’s net profit?
4. A company has a current ratio of 4:1. If the company has "₱"100,000 current assets, what
is their current liabilities?
5. ₱45.50 is 25% of what amount?
6. 3 and 1/2 of 125 is what number?
7. What part of 360 is 18?
8. What is the percent of increase/(decrease) of an item on sale at ₱55 with an original price
of ₱125
9. The number of dogs in a park is double the number of cats, and the number of cats is half
the number of birds. If there are 84 animals in the park, how many of each animal are
there?
10. A fort can be finished by 30 men in 10 days. If 5 of them decided to leave, how long can
the rest do the job?