FIRST QUARTER EXAMINATION

BUSINESS MATHEMATICS
Name:_________________________________________ Score:________________

Section:________________________________________ Date:_________________

Multiple Choice. Read and analyze each item. Select the letter of the best answer.

1. What is the BEST description of fraction(s)?

a. It is part of a whole
b. When broken into parts, the parts are fractions of a whole
c. It is written with one number over another number
d. all of these
2. Fractions such as 1 ½, 2 1/6, and 3 ¾ are examples of _____.
a. whole numbers b. mixed numbers c. fractions d. all of the these
3. What type of fraction is less than one whole?
a. Proper fraction b) Improper fraction c. Mixed number d. All of the above
4. If the numerator of a fraction is either equal or more than its denominator, it is called?
a. Proper fraction b. Improper fraction c. Mixed numbers d. All of the above
5. Below are the steps in converting improper fractions to mixed fractions. Which is the correct sequence?
Step 1 – Divide the numerator by the denominator.
Step 2 – Write down the whole number answer.
Step 3 – Write down any remainder above the denominator
a) Step 2,3, and 1 b) Step 3,1 and 2 c) Step 1,2 and 3 d) Step 3,2 and 1
6. Arrange the given fractions from descending order: 5/6, 5/3, 5/8
a) 5/3, 5/6, 5/8 b) 5/8, 5/6, 5/3 c) 5/6, 5/3, 5/8 d) 5/8/, 5/3, 5/6
7. Arrange the given fractions in ascending order: 3/8, 6/7, 5/9, 4/3
a. 3/8, 4/3, 5/9, 6/7 b. 4/3, 6/7, 3/8, 5/9 c. 3/8, 5/9, 6/7, 4/3 d. 5/9, 3/8, 6/7, 4/3
8. What is the sum of 5/12 + 1/12 + 3/12?
a. 9/12 b. ¾ c. 9/36 d. a and b
9. How thick is the pack of 3 books whose thickness are 3 ½ cm, 4 5/6 cm and 5 ¾ cm?
a. 14 1/12 cm b. 12 9/12 cm c. 14 6/12 cm d. 12 24/12 cm
10. Express in decimal the fraction 1 6/10.
a. 1.6 b. 1.06 c. 1.006 d. 1.0006
11. What is the percentage form of the decimal 0.175?
a. 1.75% b. 17.5% c. 175% d .175%
12. Express in fraction 6%.
a. 3/50 b. 6/50 c. 3/100 d. 6/10
13. 48 out of 75 Grade 11 students attended the celebration of the school’s foundation day. What % of the students attended the
celebration?
a. 27% b. 48% c. 56% d. 64%
14. Jane bought a bag for 120 during a sale. If the original cost was 200, what part of the original cost is the discount?
a. 2/5 b. 3/5 c. 6/10 d. none of the above
15. Aling Delia owns a sari-sari store. She bought 100 kg of sugar from a wholesaler at 34.60 a kilo. She repacked them in bags of 0.5
kg and sold them at 20 each pack. How many packs of 0.5 kg were there?
a. 100 b. 150 c. 200 d. 250
16. It is the comparison by division of two quantities of the same kind.
a. Base b. Rate c. Ratio d. Proportion
17. It is one way to compare how two quantities of different kind vary from each other.
a. Base b. Rate c. Ratio d. Proportion
18. A ________ is a statement of equalities of two ratios.
a. Proportion b. Direct Proportion c. Indirect Proportion d. Inverse Proportion
19. Two quantities of a proportion are said to be directly proportional to each other if:
a. As one quantity increases, the other quantity also increases, or, as one quantity decreases, the other quantity also decreases.
b. As the first quantity of a proportion increases, the other quantity decreases.
c. As the first quantity of the proportion decreases the second quantity increases.
d. All of the above
20. If a picture frame is 27 cm long and 18 cm wide, what is the ratio of its length?
a. 3:2 b. 2:3 c. 3:5 d. 5:3
21. Five bananas weigh as much as 3 star apples. In this rate, how many star apples will weigh as much as 45 bananas?
a. 27 b. 30 c. 33 d. 36
22. The ratio of the number of carabaos, goats and cows in a farm is 5:1:2. If there are 48 animals of these kinds in the backyard,
how many of them are goats?
a. 2 b. 4 c. 6 d. 8
23. In a class of 48 students, 8 wear eyeglasses. What is the ratio of the number of students who do not wear eyeglasses to the total
number of students in the class?
a. 5:6 b. 6:5 c. a and b are correct d. none of the above
24. If a:b = 3:4, and a:c = 5:2, what is the ratio of b:c?
a. 10:3 b. 3:10 c. 5:2 d. 3:4
25. A team won 4 out of 7 games played. At that rate, how many games must they play to have won at least 15 games?
a. 25 b. 26 c. 27 d. 28
26. If 3 mangoes can be exchanged with 8 guavas and 3 guavas can be exchanged with 4 oranges. How many mangoes can be
exchanged with 160 oranges?
a. 42 b. 43 c. 44 d. 45
27. Mike and Maco shared 24 stickers in the ratio 3:5. Maco used 8 of his stickers. What was the ratio of Mike’s stickers to Maco’s
stickers then?
a. 9:15 b. 15:9 c. 9:7 d. 7:9
28. Mia mixed blue and red paint in a ratio 3:5 instead of 5:3 when she prepared a 24 L of violet paint. How many liters of blue paint
should she add to obtain the shade she wants?
a. 6 b. 8 c. 10 d. 12
29. The ratio of the number of correct answers to incorrect answers on Jean’s math test is 7:3. The difference between correct and
incorrect answers is 20. What was the total number of questions on the test?
a. 45 b. 50 c. 55 d. 60
30. If 8:n = 9:13 forms a proportion, find n.
a. 8/9 b. 8/13 c. 11 5/9 d. 72/13
31. Five ballpens cost 40. At this rate, how much will 8 ballpens cost?
a. 56 b. 60 c. 64 d. 72
32. If 5 men can finish a fencing project in 12 days, in how many days can 6 men do the same job at the same rate?
a. 7 b. 8 c. 9 d. 10
33. A certain job can be done by 8 men in 20 days. After 5 days, 3 men left. How long will it take for the remaining men to finish the
remaining job?
a. 20 b. 22 c. 24 d. 26
34. Twenty seven men can do a certain job in 15 days. In how many days can 18 men do the same job at the same rate?
a. 20.5 b. 21.5 c. 22.5 d. 23.5
35. Myla sold 144 glasses of lemon juice at a constant rate over 6 hours. If she continues to sell glasses of juice at the same rate, how
many glasses will she sell in the next 45 minutes?
a. 18 b. 20 c. 22 d. 24
36. This refers to the amount added to the original cost to obtain new selling price.
a. mark-on b. mark-up c. mark-down d. both a and b
37. This refers to the amount of reduction in the selling price.
a. mark-on b. mark-up c. mark-down d. margin
38. This refers to the amount of sales minus the cost of goods sold.
a. mark-on b. mark-up c. mark-down d. margin
39. Joan bought an item worth ₱2,500. She decided to sell it with 5% mark-up. How much will Joan’s selling price?
a. ₱2,375 b. ₱2,600 c. ₱2,625 d.₱3,750
40. Marie sold her iphone for ₱10,000 at 20% markdown rate. What is the original cost of the iphone?
a. ₱8,000 b. ₱10,000 c. ₱10,200 d. ₱12,000
41. Which of the following is the better offer for a gas range of the same brand and quality listed at ₱8,500?
a. Store L offers 20% discount
b. Store O offers 10% and 10% series of discount
c. Store V offers 15% and 6% series of discount
d. Store E offers 10%, 8% and 4% discount series
For items 42-44
The OMEGA Enterprise bought several accessories listed at ₱125,000, agreed to a payment terms of 4/10, 2/20 and n/45. If the
purchase took place May 24:
42. When would be the deadline to avail the 4% discount?
a. May 28 b. June 2 c. June 3 d. June 13
43. When will the due date for the credit period be?
a. a. May 28 b. June 3 c. June 13 d. July 8
44. How much would the OMEGA Enterprise pay if they decided to avail the 4% discount?
a. ₱75,000 b. ₱115,200 c. ₱120,000 d. ₱122,000
45. How much is the list price of an item whose net invoice price is ₱2,800 at 20% discount rate?
a. ₱2,240 b. ₱2,688 c. ₱3,360 d. ₱3,500
46. An item amounting to ₱2,000 was bought October 24. If the buyer agreed on the terms “two nine”, what is the discount period?
a. October 26 b. October 29 c. November 2 d. None of the above
47. Aling Luding is running a small sari-sari store. She purchased grocery items amounting to ₱5,250. She was able to sell 75% of the
goods and earned ₱4,920. She spent ₱385 for transportation and additional ₱245.50 for repacking some of the items. How much is
her gross profit?
a. ₱4,920 b. ₱4,289.50 c. ₱982.50 d. ₱552.50
48. Find the amount at break-even point of an item given the following information.
Unit Price = ₱18
Variable Cost = ₱8
Fixed Cost = ₱8,200
a. ₱6,560 b. ₱8,200 c. ₱14,760 d. ₱18,450
49. Joy borrowed ₱25,000 from a friend and agreed to pay 7.5% interest. How much will she pay her friend after 6 months?
a. ₱1,875 b. ₱4,479.17 c. ₱25,937.50 d. ₱26,875
50. A second hand car worth ₱300,000 is on sale. The owner asks for 30% downpayment and the balance to be paid in 2 years with a
monthly interest of .5%. Find the monthly amortization.
a. ₱12,500 b. ₱12,562.50 c. ₱8,793.75 d. ₱8,750

GOOD LUCK!!