R epublic of the P hilippines

D epartment of E ducation
N a t i o n a l C a pi t a l Re g i o n
Sc h o o l s D i v i s i o n O f f i c e o f La s Pi ñ a s C i t y

Name: __________________________________________ Date: ________________ Score: ___________

Grade: ____________ Section: ________________ Teacher: _________________________________

WORKSHEET IN ABM 11
BUSINESS MATH
Second Quarter
Week 1

MOST ESSENTIAL LEARNING COMPETENCY

Illustrate the different types of commission. (ABM_BM11BS-IIa-11)
Compute commissions on cash basis and commission on installment basis. (ABM_BM11BS-IIa-12)
Compute downpayment, gross balance and current increased balance. (ABM_BM11BS-IIa-13)
OBJECTIVE
Define Straight Commission, Graduated Commission, and Salary Plus Commission
Differentiate commissions on cash basis and commissions on installment basis.
WHAT’S IN
Direction: The table below shows the sales and salary of 6 employees working at Masagana
Manufacturing Corporation. All salespersons are paid 2.5% commission on sales up to P30,000, 4%
commission on sales from P30,000 to P60,000 and 5% on sales that exceed P60,000. some employees
are paid monthly salaries in addition to commissions. Complete the table below and answer the questions
that follow:
SALESPERSON SALES SALARY GROSS PAY
JOANA ₱45,000 0
JULIE ₱30,000 ₱1,000
JOLINA ₱55,000 ₱2,000
GAIL ₱75,000 ₱500
MARIE ₱50,000 ₱1,500
SIMON ₱80,000 0
a. How much is the total sales and gross pay?
b. Who has the highest gross pay?
c. Who has the lowest gross pay?
WHAT’S NEW
Activity 1: Solve the problem below.
Peter is a product manager earning a semi-monthly salary of ₱5,500. He is given commission of
2.5% on his own sales and an override of 0.5% on his men’s sales. His men are entitled to a 3.75%
commission on their own sales and basic semi-monthly salary of ₱4,000. Peter and his men are given
transportation allowance of ₱2,000 per month. Compute the gross earnings of Peter and each of his
men.
WHAT’S MORE
Activity 2: Read and do what is asked.
Emmanuel’s monthly mortgage payment is ₱707.84. Find the total interest . The amount financed is
₱112,000. Find the total interest on his 30-year mortgage.

WHAT I HAVE LEARNED

Straight Commission is when sales agent is paid a percentage of sales only. Graduated
Commission may be increased if the agent’s level of sales also increase. Salary Plus Commission is
when a person gets paid a salary and a percentage of his/her sales. Commission on Sales in
Installment Basis are given based on collections. Downpayment is a type of payment made in the early
stages of a purchase of an expensive good or service. Gross Balance is the total amount of money a bank
has on deposit before adjusting for uncleared checks or deposits. Current Increased Balance is the trade
balance plus the net amount received. Overrides. Products managers and sales or marketing managers
earn overrides.
Formula for Monthly Amortization: