Republic of the Philippines

Region XI
DEPARTMENT OF EDUCATION
Division of Davao del Norte
SALVACION NATIONAL HIGH SCHOOL
Senior High School Department
Brgy. Salvacion, Sto. Tomas, Davao del Norte

GENERAL MATHEMATICS
Summative Assessment
2nd Quarter S.Y. 2020 -2021

Name: ________________________________________________ Section: ________________

Teacher: ______________________________________________ Score: _______________

Direction: Read and analyze each item carefully. Blacken the circle of the number that corresponds to your answer.
Good luck and GOD bless!

1. Which of the following statements illustrates simple interest?

① It is the interest paid or earned for the use of money.
② It is the interest after t years; that the lender receives from the borrower on the maturity date.
③ It is the interest that is computed on the principal and then added to it.
④ It is the interest that it computed on the principal and also on the accumulated past interests.
2. Which of the following shows compound interest?
① Principal = ₱1000 term = 2 years rate = 5% Interest= ₱100
②Principal = ₱1500 term = 2 years rate = 10% Interest= ₱300
③Principal = ₱1000 term = 3 years rate = 5% Interest= ₱158
④Principal = ₱1500 term = 3 years rate = 10% Interest= ₱1,997
3. A bank offers 2.5% annual simple interest rate for a particular deposit. How much interest will be earned if ₱200,000 is
deposited in the savings account for 2 years?
①₱300,000 ②₱210,000 ③₱100,000 ④₱10,000
4. John deposited ₱20,000 in a bank that pays 0.5% simple interest. How much will be his money after 6 years?
① ₱600 ② ₱6,000 ③ ₱20,600 ④ ₱26,000
5. What is the amount of the interest of a loan for ₱20,000 at 6% compound interest for 6 years?
①₱23,820.32 ②₱23,600.00 ③₱3,820.32 ④₱3,600.00
6. In order to have ₱50,000 in 5 years, how much should you invest if the compound interest is 5%?
①₱63,814.08 ②₱62,500.00 ③₱51,262.56 ④₱39,176.31
7. Which of the following statements illustrates simple annuity?
① The payments are made at beginning of each payment interval.
② The payment interval is the same as the interest period.
③ The payments extend over an indefinite length of time.
④ The payment interval is not the same as the interest period.
8. It refers to an annuity in which the periodic payment is made at the end of the payment interval.
① Simple Ordinary Annuity ② General Ordinary Annuity ③ Simple Annuity ④ General Annuity
9. Find the present value of the semi-annual payments of ₱500 pesos at the end of each term for 10 years with interest rate of
5% compounded semi-annually.
①₱7,794.58 ②₱9,946.04 ③₱10,727.33 ④₱13,499.12
10. In order to save for her high school graduation, Ivy decided to save ₱200 at the end of every month, starting the end of the
second month. If the bank pays 0.250% compounded monthly how much will be her money at the end of 5 years?
①₱6,306.42 ②₱6,036.42 ③₱6,176.42 ④₱6,716.42
11. Find the future value of the semi-annual payments of ₱500 pesos at the end of each term for 10 years with interest rate of 5%
compounded semi-annually.
①₱13,499.12 ②₱13,994.12 ③₱12,727.33 ④₱12,772.33
12. Find the future value of the semi-annual payments of ₱8,000 at the end of each term for 12 years with interest rate of 12%
compounded quarterly.
①₱144,832.94 ②₱144,382.94 ③₱411,461.66 ④₱411,641.66
13. Mr. Arnaldo received two offers on a lot that he wants to sell. Mr. Julio offered ₱50,000 plus ₱40,000 every quarter for five
years. Find the fair market value if money can earn 5% compounded annually.
①₱705,572.68 ②₱783,526.17 ③₱755,572.68 ④₱833,526.17
14. Find the period of deferral in quarterly payments of ₱2,000 for 5 years that will start 1 year from now.
① 2 periods ② 3 periods ③ 4 periods ④ 5 periods
15. Adrian availed of a cash loan that gave him an option to pay ₱10,000 monthly for 1 year. The first payment is due after 6
months. How much is the present value of the loan if the interest rate is 12% converted monthly?
①₱39,441.14 ②₱57,922.20 ③₱89,441.14 ④₱107,088.20
16. Which of the following statements about stocks and bonds is correct?
① Stocks are interest bearing security which promises to pay amount of money on a certain maturity date.
② Bonds can be bought or sold at its current price called the market value.
③ Owners of stocks may be considered as part of the owners of the company.
④ There are two types of stocks: common stocks and prepaid stocks.

17. Which of the following statements best describes bonds?

①It has higher risk but with possibility of higher returns.
② Investors are guaranteed interest payments and a return of their money at the maturity date.
③ It is a form of equity financing or raising money by allowing investors to be part owners of the company.
④ Prices vary every day and reported in various media.
18. It is referred as the price that buyers are willing to pay for the stocks.
①Ask Price ② Stock Price ③Market Price ④ Bid Price
19. Given the stock table below, find the value of the change of the index from the previous trading of holding firms.
Index Val Chg %Chg
Holding 6,153.37 2.42 0.037
Firms
Industrial 11,741.55 125.08 1.07
Services 1,622.64 -16.27 -1.00
①0.037 ② 2.42 ③6,153.37 ④ 11,741.55
20. It refers to the theory of efficient market which asserts that only all publicly available information is incorporated in the price.
①weak form ② semi-strong form ③strong form ④semi-weak form
21. Which of the following statements is CORRECT in describing the business loan?
① Money lent for the sole purpose of having or improving the business
② Money lent for any purpose in improving or mitigating personal agenda.
③ Money lent by an individual for the purpose of personal necessity or family purpose.
④ Money lent by an individual for the purpose of investment to real-estate or to secure the assets of the business.
22. In the situations inside the box below, which of these illustrating a consumer loan?
I: Mr Lim wants to have another branch for his cellphone repair shop. He decided to apply for a loan that he can use to pay for the
rentals of the new branch.
II: Trillas runs a trucking business. He wants to buy three more trucks for expansion of his business. He applied for a loan in a bank.
III: Mrs. Alonzo decided to take her family for a vacation. To cover the expenses, she decided to apply for a loan.
IV: Glenn decided to purchase a condominium unit near to his workplace. He got a loan worth ₱2 000 000.

① I and II ② II and III ③ III and IV ④ I and IV

23. Mr Abaya got a ₱700 000 loan for the expansion of his business payable monthly in 4 years. How much is the monthly
amortization if the interest rate is 12 % compounded monthly?
① ₱16 934.12 ② ₱18 433.68 ③ ₱20 157.96 ④ ₱23 215.32
24. Which of the following statements is an illustration of a proposition?
① Mindanao is an island in the Philippines. ② My seatmate will get a perfect score in the Logic exam
③ It is not the case that √ 2 is a rational number. ④ Find a number which divides your age
25. Which of the statements inside the box below are a compound proposition?
I: Ferdinand Magellan did not arrived the Philippines in 1521.
II: If an integer is even, then its square is also even.
III: Jose Rizal is our National Hero.
IV: 2.5 is not an integer
① I and II ② II and III ③ III and IV ④ I and IV
x−1
26. Which of the statements below is INCORRECT way of negating the statement “ p ( x ) = is a polynomial function”?
x +2
 x−1 x−1
① It is not true that p ( x ) = is a polynomial function. ② p ( x) = is not a polynomial function
x +2 x +2
x−1 x−1
③ It is not the case that p ( x ) = is a polynomial function. ④ p ( x) = is a polynomial
x +2 x +2
function is false.
27. Consider the sentences inside the box at the right. Which of the items is the correct p: Victor has a date with Liza
translation on the operation of proposition “( p ʌ q ) v ( p ʌ r)”? q: Janree is sleeping.
① Either Victor has a date with Liza or Janree is sleeping, or Eumir is eating. r: Eumir is eating.
② Either Victor has a date with Liza and Janree is sleeping, or Eumir is eating.
③ Either Victor has a date with Liza and Janree is sleeping, and Eumir is eating
④ Either Victor has a date with Liza, or Janree is sleeping and Eumir is eating.
28. Which of the following truth tables below is the correct table for the proposition “ p ↔q ”?
① p q p ↔q p q p ↔q ②③ p q p ↔q ④ p q p ↔q
T T T T T T T T F T T T
F F T F F F F F F F F F
F T F F T F F T T F T T
T F F T F T T F T T F F
29. Which of the following logical equivalences illustrates Distributive Law if p, q, and r are different propositions?
①∼ ( p ⋁ q ) ⇔ ( ∼ p ) ⋀ ( ∼ q ) ② p ( q r ) ⇔ ( p q )( p ∨r )
③∼ ( p ∧q ) ⇔ ( ∼ p ) ∨(∼q) ④ p ( q r ) ⇔ ( p ∧q ) ∧ r

30. Which Laws of Equivalence can be used in proving that “ ∼ ( p ⟶q ) ⟺ [ p ∧(∼q) ]”?

I: Double Negation IV: Switcheroo

II: Distributive Laws V: Absorption Laws
III: De Morgan’s Laws VI: Inverse Laws

① I, II, and III ② II, III, and IV ③ III, V, and VI ④ I, III, and
IV

For numbers 31 to 33, refer to the situations inside the box below, then answer the questions that follow.
I: If this object is made of copper, it will conduct electricity. This object is made of copper, so it will conduct electricity.
II: If Betty is on the plane, she will be in the A1 seat. But Betty is not in the A1 seat. So she is not on the plane.
III: If someone kicks me, I will yell "ouch!" I just yelled "ouch!". Therefore, someone kicked me.
IV: If I hit my mother with a cream pie, she will punish me. I will not hit my mother with a cream pie. Therefore, she will not punish me.

31. Which of the statements inside the box above illustrate tautologies?
① I, and II ② II, and III ③ III, and VI ④ I, and IV
32. Which of the statements inside the box above illustrate fallacy?
① I, and II ② II, and III ③ III, and VI ④ I, and IV
33. Which of the statements inside the box above illustrates Modus Pones?
①I ② II ③ III ④ IV
34. What is the correct symbolic syllogism representation of the statement “Either the government brings about more sensible
educational reforms, or the only good schools left will be private ones for rich kids. The government is not going to carry out
sensible educational reforms. So the only good schools left will be private ones for rich kids.”?
p∨q p∨q p→q p→q
~q ~p p ~q
① ∴p ② ∴q ③ ④ ∴ q ∴ ~p
35. What is the correct truth table in the proposition in number 34?
① p q p ∨q ∼q ( p ∨q)→(∼q) ( p ∨q) →(∼q)⇒ p
T T T F F T
T F T T T T
F T T F F T
F F F T T T
② p q p →q ( p → q)∧ p ( p → q)∧ p ⇒q
T T T T T
T F F F T
F T T F T
F F T F T

③ p q p ∨q ∼ p ( p ∨q) →(∼ p) ( p ∨q) →(∼ p)⇒q

T T T F F T
T F T F F T
F T T T T T
F F F T T T

④ p q p →q ∼q ( p → q)∧(∼ q) ( p → q)∧(∼q)⇒(∼ p)
Table 1
T T T F F T
T F F T F T
p q
F T T F F T
T T
F F T T T T
T F
36. The proposition “If a professor is rich, then he will buy an expensive car. The professor bought an expensive F T
car. Therefore, the professor is rich” is an example of fallacy. If the truth table of p and q as presented in table F F
1, what line makes the proposition a fallacy?

① First line on the top. ② First line on the bottom.

③ Second line from the top. ④ Second line from the bottom.
37. What do you call the other term of indirect proof?
① Proof by Contradiction ② Giving a Counterexample Proof
③ Constructed Dilemma ④ Modus Tollens
38. In proposition “Quadrilateral ABCD has two non-consecutive right angles, then ABCD is a rectangle.” Which of the following
proof can be accepted?
①

③
 ④ The statement cannot be proven since this is not a proposition.

39. Which of the following proposition below is a valid?

① Students good in mathematics are smart. Emmanuel is smart, then he must be good in mathematics.
② A number m divisible by 3 can be written as m=3k where k is an integer. A number n divisible by 6 can be written as n
= 6k where k is an integer. Therefore a number divisible by 3 is also divisible by 6.
③ If a quadrilateral is a rhombus, then its two diagonals are perpendicular and congruent. ABCD is a quadrilateral whose
diagonals are perpendicular and congruent. Therefore it is a rhombus.
④ It is not sunny this afternoon and it is colder than yesterday. If we will go swimming, then it is sunny. If we do not go
swimming, then we will take a boat trip. If we take a boat trip, then we will be home by sunset. Thus, we will be home
by sunset.
40. In the statement “ Descartes is a philosopher and mathematician”, determine whether it is a simple or compound proposition.
① It is a compound proposition since the proposition has two parts, Descartes as a philosopher and as a mathematician.
② It is a compound proposition because the proposition means two different persons, a philosopher and a
mathematician.
③ It is a simple proposition because the structure of the sentence is simple, it has a simple subject and simple predicate.
④ It is a simple proposition since in the sentence it means the same person, Descartes as a philosopher and as a
mathematician.
 TABLE OF SPECIFICATIONS (T.O.S.)
GENERAL MATHEMATICS
2nd Quarter S.Y. 2020 -2021

Easy Ave Diff Ans.

Understanding
Remembering

Evaluating
Analyzing
Applying

Creating
1 Illustrate simple and compound interests. / 3
2 Distinguish between simple and compound interests. / 3
Compute interest, maturity value, future value and present value in simple
3 / 4
interest and compound interest environment.
4 / 3
5 Solve problems involving simple and compound interests. / 3
6 / 4
7 Illustrate simple and general annuities. / 2
8 Distinguish between simple and general annuities. / 2
9 / 1
10 Find the future value and present value of both simple annuities and general / 2
11 annuities. / 4
12 / 3
13 Calculate the fair market value of a cash flow stream that includes an annuity. / 3
14 / 2
Calculate the present value and period of deferral of a deferred annuity.
15 / 4
16 Illustrate stocks and bonds. / 3
17 Distinguish between stocks and bonds. / 2
18 Describe the different markets for stocks and bonds. / 4
19 Analyze the different market indices for stocks and bonds / 2
20 Interpret the theory of efficient market. / 2
21 Distinguishes between business and consumer loans. / 1
22 Illustrates business and consumer loans. / 3
23 Solves problems involving business and consumer loans / 2
24 Illustrates a proposition. / 3
25 Distinguishes between simple and compound propositions. / 3
26 / 4
Performs the different types of operations on propositions.
27 / 4
28 Determines the truth values of propositions. / 1
29 / 2
Illustrates the different forms of conditional propositions.
30 / 4
31 / 1
32 Illustrates different types of tautologies and fallacies. / 3
33 / 1
34 / 2
Determines the validity of categorical syllogisms.
35 / 3
Establishes the validity and falsity of real-life arguments using logical
36 / 4
propositions, syllogisms, and fallacies.
37 Illustrates the different methods of proof (direct and indirect) and disproof (indirect / 1
38 and by counterexample) / 3
Justifies mathematical and real-life statements using the different methods of
39 / 4
proof and disproof.
40 Distinguishes between simple and compound propositions. / 1
Prepared by: BEVERLYN C. LUCHAVEZ
T-II