Gherrie Zethrida A.

Singson Quarter II
11 – AQUAMARINE (ABM)
Subject: Business Mathematics

WEEK 1-2

1. Installments and Down payment

P2,639.89 P21,359.11
P4,882.50 P26,617.50
P5,372.39 P38,305.61

P1,920.00 P22,080.00 P3680.00

P5,840.00 P30,660.00 P5110.00
P10,023.20 P35,536.80 P5922.80

2. Types of Commission

P500
P4,500
P525
P1294.95
P505.5
 P188,000 x 5% = P9,400

P11,000 + P9,400 = P20,400

P52,000 x 5% = P2,600
P201,000 x 1% = P2,010
P18,000 + P2,600 + P2,010 = P22,610

3. Problem Solving Involving Interests and Commission

P1,440
P6,210
P10,676.05
P7,921.15
P505.56
 A. 6% x P70,000 = P4,200 ÷ 120 days = P35 (interest per day)
B. 10% x P70,000 = P7,000 ÷ 60 days = P116.67 (i.p.d.)
C. 5% x P70,000 = P3,500 ÷ 150 days = P23.33 (i.p.d.)

If Mr. Pineda wants to pay the lowest interest possible, he would have to resort
to loaning from Lending Institution C with P3,500 as its interest and P23.33 as its
interest per day. Therefore, we can say that Lending Institution C offers the lowest
interest amongst the other institutions thus far.

If I were a creditor, I would prefer a higher interest rate to be charged to a

debtor so that the money I loaned would earn a bigger profit.
Summative Assessment

A)

1. A
2. D
3. C
4. E
5. B

B)

1. P13,184
2. 5.5%
3. P56,250
4. P206,250

C)

1. P6,767.20
2. P17,896.75
3. P34,870
4. 5 years