Casisang National High School

First Quarter Examination

Business Mathematics
S.Y 2022-2023

Name:________________________ Score:________________
Section:_______________________ Date:_________________

Select the best answer to the following multiple choice questions. Write the letter of the correct answer
on the space provided before the number.

8
1. What is in percent?
35
a. 22.14% b. 22.86 % c. 23.28 % d. 28.50%
14
2. What is ∈decimal ? .
50
a. 0.38 b. 0.48 c. 0.58 d.0.28
3. Express 3.75 into fraction.
3 1 3 1
a. 3 b.3 c. 4 d.4
4 4 4 4
4. 105% can be expressed in fraction as.
5 1 1 1
a. 2 b. 1 c. 1 d. 5
100 25 20 100
5. What is 3.75 into percent?
a. 0.375% b.375% c..0375% d. 3750%
1
6. Convert 12 % into decimal .
2
a. 0.125 b.12.5 c. 1.25 d. 0.0125
7. A poll taken in a certain subdivision on the operation of the Bataan Nuclear Power Plant
showed 235 citizens voting “NO” and 47 citizens voting “YES”. What is the ratio of the NO
votes against the YES votes?
a. 5:1 b. 2 :5 c.1:6 d. 5 :3
8. Write 29.04 as a fraction or mixed number in lowest terms.
2 1 113
a. 290 b.29 c. 2 d.
5 25 125
2904
64
9. Write as a decimal.
73
a. 1.141 b. 0.877 c. 8.767 d. 0.088
10. In a certain City, 2,000 families owned cars, 3,000 families owned jeepneys, and 500 do not
own any automobile. What is the ratio among them?
a. 5:1:6 b. 2:5:1 c. 1:6:2 d. 4:6:1
11. Ana uses 2 eggs for every 3 cups of flour in her cupcakes. If she uses a dozen eggs, how
many cups of flour will she need?
a. 16 b. 26 c. 18 d. 40
12. If the variable cost of a perfume is 120 and it’s selling price is 250, what is the contribution?
a. 370 b. 125 c. 130 d. 570

13. What is the business doing at the breakeven point?

a. Making profit b. making loss
b. c. making neither profit or loss d. 50% profit and 50% loss
14. Which of the following shows the breakeven point?
a. Fixed Cost – Variable Cost = Sales Revenue
b. Fixed Cost + Variable Cost = Sales Revenue
c. Fixed Cost x Variable Cost = Sales Revenue
d. Fixed Cost / Variable Cost = Sales Revenue
15. Why is it important for business to know the breakeven points on their products?
a. It helps improve the business
b. They can use information when preparing financial statement.
c. It can be used in the process of planning.
d. It is an important calculation in accounting.
16. Mr. and Mrs. Smith have a home equity loan of 35, 700 pesos. They have paid off
4
of theloan . How much of the loanhave they paid off ?
21
a. 1, 700 pesos b. 6, 400 pesos c. 6,800 pesos d. 7, 200 pesos
17. What is 32% of 1900?
a. 60.8 b. 608 c. 6080 d. 60,800
18. 68 cats is 20% of what number of cats?
a. 13.6 b. 34 c. 340 d. 3400
19. The parking lot at a medical center has 75 cars in it. 92% of the cars are four-door. How many
cars are four – door?
a. 8 cars b. 69 cars c. 82 cars d. 690 cars
71
20. Express as a decimal.
1000
a. 0.0071 b. 0.071 c. 0.71 d. 7.1
21. The cost of a pair of shoes is 850.00; it is sold at 25% markup based on cost. What is its gross
margin?
a. 212.50 b. 1,062.50 c. 312.60 d.1,052.12

For number 22-23. Shy borrowed 2,000.00 from Joven at an interest rate of 1% per month. She
promised to pay it within 3 months.

22. How much interest will Shy have to pay for the term of the loan?
a. 55.00 b. 50.00 c. 60.00 d. 70.00
23. How much will she pay at the end of the loan period (maturity date)?
a. 2,050.00 b. 2,060.00 c. 2,070.00 d. 2,055.00
24. What is the markdown rate if the cellphone is sold to 8,560.00 from 12,950.00 original price?
a. 51 % b. 53 % c. 55% d. 57%
25. A laptop costs 22,700.00. The selling price is 33,650.00. What is the rate of markup based on
cost?
a. 47.78% b.47.87% c.48.24% d. 48.54%

26. A syrup is made by dissolving 2 cups of sugar in 2/3 cups of boiling water. How many cups of
sugar should be used for 2 cups of boiling water?
a. 6 cups b.4.3 cups c.5.2 cups d. 6.5 cups
27. Mr. Thomas invested an amount of 13,900 divided in two different schemes A and B at the
simple interest rate of 14% per annum and 11% per annum respectively. If the total amount of
simple interest earned in 2 years be 3508, what was the amount invested in Scheme B?
a. 6400 b. 6500 c. 7200 d. 7500
28. A sum fetched a total simple interest of 4016.25 at the rate of 9 %.per annum in 5 years. What
is the sum?
a. 4462.50 b. 8032.50 c. 8925 d. None of these
29. How much time will it take for an amount of 450 to yield 81 as interest at 4.5% per annum of
simple interest?
a. 3.5 yrs b. 4 yrs c. 4.5 yrs d. 5 yrs
30. Reena took a loan of 1200 with simple interest for as many years as the rate of interest. If she
paid 432 as interest at the end of the loan period, what was the rate of interest?
a. 3.6 b. 18 c. 6 d. None of these
31. A baseball pitcher won 80% of the games he pitched. If he pitched 35 ball games, how many
games did he win?
a. 28 games b. 45 games c. 228 games d. 229 games
32. Jerry an electrician, worked 7 months out of the year. What percent of the year did he work?
a. 58.33% b. 84% c. 84.33% d. 85%
33. There are 28 students in a class. Sixteen of those students are men. What percent of the class
are women?
a. 2% b. 12% c. 42.9% d. 43.9%
34. Daniela took a math test and got 35 correct and 10 incorrect anwers. What was the percentage
of correct answers?
a. 22.22% b. 28% c. 77.78% d. 350%
35. A student earned a grade of 80% on a math test that had 20 problems. How many problems on
this test did the student answer correctly?
a. 10 problems b. 12 problems c. 14 problems d. 16 problems
36. Romina put 580 pesos into a saving account for one year. The rate of interest on the account
was 6 ½%. How much was the interest for the year in pesos and cents?
a. 27.70 pesos b. 37.70 pesos c. 47.70 pesos d. 57.70 pesos
37. Joseph earned 12,800 pesos a year. About 15% is taken out for taxes. How much is taken out
for taxes?
a. 1,920 b. 2,109 c. 2, 190 d. 9,102
38. At a sale, shirts were sold for 15 pesos each. This price was 80% of their original price. What
was the original price?
a. 17.57 pesos b. 15.75 pesos c. 18.57pesos d. 18.75 pesos
39. A crew is made up of 8 men; the rest are women 66 2/3% of the crew are men. How many
people are in the crew?
a. 10 b. 11 ` c. 12 d. 13

40. Michelle bought a toy at 85% of the regular price. She paid 32.89 for the toy. What was the
regular price?
a. 36.69 b. 37.69 c. 38.69 d. 39
41. In a stock of 120 blouses, 90 are sleeveless. How many percent of the stocks are sleeveless?
a. 57% b. 65% c. 67% d. 75%
42. Winston’s current salary is 3, 600 pesos a month. His previous salary was 3, 200 pesos. What
is the rate of increase in her salary?
a. 10.5% d. 11.5% c. 12.5% d. 13.5%
43. This month’s sales were 12, 000 pesos. Last month, the sales were 15, 000 pesos. Find the
rate of increase/(decrease).
a. 12% b. 15% c. 20% d. 22%
44. Last semeter’s enrolment was 1800. Find the current semester’s enrolment if the rate of
decrease is 15%.
a. 1,530 b. 1,753 c. 1,830 d. 1, 930
45. A baker uses a ratio of 1 egg for every 4 cups of flour in a certain recipe. If he or she uses a
dozen eggs, how many cups of flour will he or she need?
a. 28 cups b. 30 cups c. 48 cups d. 50 cups
46. Marga and Melai share profits of their partnership in the ratio 2:3. If Marga’s share in the profit
for last year was 30,000.00, how much was Melai’s share in the profit of business?
a. 25,000 b. 35,000 c. 45,000 d. 55,000
47. Partners A, B, and C share profits and losses: 20% to A, 30% to B, and 50% to C. What is the
net income of the three partners?
a. 15,000 b. 20,000 c. 25,000 d. 30,000
48. Mariz purchased a gold bracelet for 8, 960.00. It included a 12% VAT. How much is the retail
price of the bracelet excluding tax?
a. 5,000.00 b. 8,000.00 c. 10,000.00 d. 12,000.00
49. Maria paid 3, 687.40 pesos for an article which included 107.40 pesos as sales tax. What is the
tax rate?
a. 3% b. 4% c. 5% d. 6%
50. A sum of money at simple interest amounts to 815 in 3 years and to 854 in 4 years. The sum is:
a. 650 b. 690 c. 698 d. 700