POSTTEST IN BUSINESS MATHEMATICS

First Quarter
S.Y. 2021 - 2022

Directions: Circle the letter that corresponds to the correct answer. Avoid erasures.

1. Which of the following refers to the type of commission wherein the sales agent is paid a
percentage of sales only?
A. Simple B. Straight C. Graduated D. Salary Plus

2. Company A gives commission on sales in installment basis supposed Jed has a sale of
₱120,000 paid in monthly installment of ₱10,000, which amount will be the basis for his
monthly commission?

A. ₱130,000 B. ₱120,000 C. ₱110,000 D. ₱10,000

3. Which refers to the total amount that you have to pay that includes penalties or interest
incurred by unpaid balance from a loan or payment you are supposed to have made but was
not able to do so on time?
A. Gross Balance C. Commission
B. Current Increased Balance D. Down payment

4. Jed Montenegro is an employee receiving a salary plus commission in J & G Company. If the
company gives a basic salary of ₱17,500 per month and a 5% commission on his sales, what
will be his gross earnings if his sales is ₱15,000?

A. ₱ 17,500 + ₱ 15,000 C. ₱ 17,500 + (₱ 15,000 x 0.05)

B. ₱ 17,500 – ₱ 15,000 D. ₱ 17,500 – (₱ 15,000 x 0.05)

5. Which of the following is a fixed regular payment made by an employer to an employee that is
typically paid on monthly or biweekly basis but often expressed as an annual sum?
A. Salary B. Benefits C. Deductions D. Net Earnings

6. If Tom has a monthly net earnings amounting to ₱ 13,186.24 and a total deductions of
₱7,320.76, how will you get his total earnings?
A. Add ₱7,320.76 from ₱ 13,186.24
B. Subtract ₱7,320.76 from ₱ 13,186.24
C. Multiply Php₱7,320.76 by ₱ 13,186.24
D. Divide Php₱7,320.76 from ₱ 13,186.24

7. In Emmanuel Reid’s payslip the amount reflected in the Total Earnings (E) is ₱43,998.25 and
the Total Deduction (D) is ₱11, 679.23. Which formula will be used if he wanted to determine
his net pay (N)?
A. N = E+D B. N=D-E C. N= E-D D. N=ExD

8. Which of the following is the amount earned by any person before subtracting the taxes,
benefits, loans and other possible deductions?
A. Allowances B. Overtime pay C. Gross Earnings D. Net Earnings
9. Which of the following is NOT a benefit of a wage earner according to The Presidential Decree
No. 442?
A. Maternity/Paternity Leave C. 14th month pay
th
B. 13 month pay D. Clothing Allowance

For numbers 10-11 use the table below which represents Jimuels’ scores in mathematics test are
as follows:
1st 2nd 3rd 4th 5th
85 93 92 91 87

10. What is Jimuel’s average in the 5 tests?

A. 89 B. 90 C. 91 D. 92

11. What should be his score in the 6th test so that his average will be 91?
A. 96 B. 97 C. 98 D.100
12. Ahmed made a survey of the favorite color of the students in 4 classes. In which class do the
greatest number of students choose green?
A. C.

B. D.

13. If a principal amounted to ₱ 5000 is invested at a rate of 5% for 3 years, how much will be the
interest?
A. ₱ 500 B. ₱ 550 C. ₱ 750 D. ₱ 50
14. E.Razon is a waiter in Barrio Fiesta. His hourly rate is Php15.75 and he is receiving a travel
allowance of ₱ 250 per week. For the week he worked for 50 hours how much is his gross
earnings?
A. ₱ 3,937.50 B. ₱ 1,037.50 C. ₱ 787.50 D. ₱ 537.50
15. How much is the minimum retirement pay Mr. Zaragoza will receive if he is working in a
company for 35 years with an average daily rate of ₱ 365.75?

A. ₱ 12,801 B. ₱ 82,294 C. ₱ 128, 013 D. ₱ 288,028

 POSTTEST IN BUSINESS MATHEMATICS
First Quarter
S.Y. 2021 - 2022

KEY TO CORRECTIONS:

1. B
2. D
3. B
4. C
5. A
6. A
7. C
8. C
9. C
10. B
11. C
12. B
13. C
14. B
15. D