Republic of the Philippines

DEPARTMENT OF EDUCATION
Region IV-A CALABARZON
PROVINCE OF BATANGAS
St. Blaise Community Academy, Inc.
San Luis, Batangas/ chs_sbca53@yahoo.com
 043 – 740-960609997646638 / 09178076741

MIDTERM EXAMINATION IN
BUSINESS MATH 11
Name: _____________________________________ Date: _________________________
Strand: ____________________________________

TEST I. True or False

Direction: Read each item carefully and tell whether it is true or false. Write TRUE if it is true and FALSE if it is false.
_______1. A decimal number is a number with a decimal point.
1
_______2. When you convert to decimal, the answer will be 0.25.
8
_______3. The ratio is the result you obtained when the rate is applied to the base.
_______4. To find the base you will need to use the formula B = R/P.
_______5. To convert fraction to decimal simply divide the denominator to numerator?
_______6. We can say that the ratios we compare are proportionate if the product of means and extreme is equal.
_______7. Tax is the mandatory contributions levied on individuals or corporations by a government entity.
_______8. Revenue is the income you earned by selling your product and services.
_______9. The percentage refers to the number of hundredths taken to the base. It is also expressed in percent, decimal, or fraction.
_______10. Pricing is the act of establishing a value for a product or service.

TEST I. Multiple Choice

Direction: Read each item/question carefully and choose the best answer on the choices.
_______11. This is the fraction bar we use on fractions.
a. Bar line c. Underline
b. Factor d. Vinculum
_______12. If you have a probability of one in eight chances of having blue eyes, express this in percent.
a. 12.5% c. 20%
b. 16.7% d. 24%
_______13. When you convert the number to decimal then move the decimal point two places to the right and affix the percent
sign/symbol (%). You are converting?
a. Decimal to Percent c. Fraction to Decimal
b. Fraction to Percent d. Percent to Fraction
_______14. To easily remember the formula of the base, rate, and percentage, which magic triangle you can refer to.

a. c.

b. d.

_______15. If the tax rate is 4.5 % and the total amount paid including the tax is ₱2,455.75. What is the base price?
a. ₱ 105.75 c. ₱2350.75
b. ₱2350.00 d. ₱2355.00
_______16. If you will compute the ratio that in fraction form the denominator should be?
a. Different c. Proportion
b. Inversely Proportion d. Similar
_______17. In proportion when one value increases the other will also increase, it is called?
a. Direct Proportion c. Inversely Proportion Proportion
b. Indirect Proportion d. Partitive Proportion
_______18. Provide information about the entity and financial position, performance and cashflow.
a. Balance Sheet c. Financial Statement
b. Common Size Statement d. Income Statement
_______19. If you will answer the question “How much gross profit this is a company makes after considering the cost of goods that
were sold?” you are computing?
a. Current Ratio c. Gross Profit Ratio
b. Debt Ratio d. Return on Assets
_______20. If you will answer the question “Can the company pay for their current liabilities with current assets?” you are
computing?
a. Current Ratio c. Gross Profit Ratio
b. Debt Ratio d. Return on Assets

95 19
21. If the teacher assigned Miko and Steven to convert 47.5% to fraction and Miko’s answer is while Steven’s answer is .
200 40
Who do you think got the correct answer?
a. Miko got the correct answer.
b. Steven got the correct answer.
c. They both got the correct answer.
d. None of them got the correct answer.
22. Referring to problem number 2, if the teacher asked the lowest term answered for the conversion, Who do you think got the exact
number.
a. Miko got the exact answer.
b. Steven got the exact answer.
c. They both got the exact answer.
d. None of them got the exact answer.
23. A number, 5 times as many as 20, is ¼ of what number?
a. 100 c. 250
b. 150 d. 400
24. St. Trinity Academy has a total enrollment of 2,358 for the first semester of this school year. The second semester of last year had
an enrollment of 2,226. What happened to the rate/percent of the enrollment.
a. It decreased c. It remained
b. It increased d. Nothing happened.
25. Referring to problem number 24, what is the rate/percent of increase/(decrease).
a. 5.92% c. (5.92%)
b. 5.93% d. (5.93%)
26. Comparing the enrollment of St. Trinity Academy, this school year which is 2,358, this represents 110% of the last year’s first
semester’s enrollment. How many was the enrollment for the first semester last year?
a. 2120 c. 2123
b. 2122 d. 2124
27. A recipe uses 10 cups of flour for every 4 cups of sugar, if Mika wants to make a recipe using 8 cups of flour and compute the
amount of sugar proportion to the first recipe. What type of proportion does she need to use?
a. Direct Proportion c. Partitive proportion
b. Indirect Proportion d. Relative Proportion
28. If you will find the share of Juan, Pedro, and Pablo into 1:2:3 to the ABC corporation’s capital of 30,000. What type of proportion
do you need to compute?
a. Direct Proportion c. Partitive proportion
b. Indirect Proportion d. Relative Proportion
29. When the amount of voltage increases and the amount of current also increases. This type of proportion is?
a. Direct Proportion c. Partitive proportion
b. Indirect Proportion d. Relative Proportion
30. The speed of a motorcycle increases the time to reach its destination will be?
a. It becomes shorter c. It remained the same
b. It becomes longer d. Nothing happened.
31. 4 : 3 = 6: 2 is what type of proportion?
a. Direct Proportion c. Partitive proportion
b. Indirect Proportion d. Relative Proportion

TEST IV: FILL THE TABLE

A. Perform horizontal analysis by completing the table below. . (Note: You will receive 1 point for each answer with a total of 10
points. No proof of computation will invalidate your score. No proof of computation will invalidate your score. )

Increase/(Decrease) Increase/(Decrease)
2020 2019
Amount Rate (%)

Sales ₱2,403,100.00 ₱2,297,800.00 32.) 33.)

Cost of Sales ₱1,885,700.00 ₱1,651,300.00 34.) 35.)
Gross Profit ₱ 517,400.00 ₱ 646,500.00 36.) 37.)
Operating Expenses ₱ 429,700.00 ₱ 376,300.00 38.) 39.)
Net Profit ₱ 87,700.00 ₱ 270,200.00 40.) 41.)

B. Complete the following table by computing the selling price, cost, markup, markup based on cost, and markup based on selling
price. (Note: You will receive 1 point for each answer with a total of 9 points. No proof of computation will invalidate your score. )

MUcost MUsp
Selling Price Cost Markup
% %
₱845 ₱300 42.) 43.) 44.)
₱399 45.) 46.) 47.) 28%
48.) ₱120 ₱100 49.) 50.)

Your exam ends here. ❤❤❤

"Life is the most difficult exam. Many people fail because they try to copy others, not realizing that everyone has a different question
paper."- ANONYMOUS
Thank you and to God be all the highest Glory!!!

Prepared by:
Ms. JUVELYN VILLOSTAS
Business Math Teacher