Republic of the Philippines

Department of Education
REGION IV-A CALABARZON
SCHOOLS DIVISION OFFICE OF CAVITE PROVINCE
TERNATE INTEGRATED NATIONAL HIGH SCHOOL
H. VENTURA ST. POBLACION I-A, TERNATE CAVITE, 4111

Second Periodical Examination in BUSINESS MATHEMATICS

GRADE 11- ABM

Directions: Choose the letter of the correct answer. Write your answer on your
answer sheets.

1. Commission is a form of payment to an agent for services rendered. The three types are
straight, salary plus and graduated commission. A sales agent receives PhP12,000 a month
corresponding to a sales of PhP30,000 worth of goods. Furthermore, he receives an additional 6%
commission for all sales beyond his monthly quota but not greater than PhP50,000. An additional
3% commission is for sales beyond PhP50,000. Which statement/s best described the types of
commission?
A. Straight Commission a commission based on a percentage of sales only, Salary plus Commission
a commission in which a salesperson gets his basic salary and a percentage of whatever sales he
makes and Graduated Commission a commission which varies according to how much sales, is
made.
B. Straight Commission a commission based on a percentage of sales only, Salary plus Commission
a commission which varies according to how much sales is made and Graduated Commission a
commission in which a salesperson gets his basic salary and a percentage of whatever sales he
makes.
C. Straight Commission a commission based on a percentage of salary, Salary plus Commission a
commission which varies according to how much sales, and Graduated Commission a commission is
made in which a salesperson gets his basic salary and a percentage of whatever sales he makes.
D. Straight Commission a commission based on a percentage of salary only, Salary plus
Commission a commission in which a salesperson gets his basic salary and a percentage of
whatever sales he makes and Graduated Commission a commission which varies according to how
much sales, is made.
2. Rizza works in a dried goods company which offers 10% commission for every sold item. After a
month, she was able to sell ₱ 256, 300.00 worth of items. She invested the commission in a bank
that offers 3% simple interest per annum. How much amount will she get if she withdraws all her
money in the bank after six months?
A. ₱ 7,689.00 B. ₱ 25, 630.00 C. ₱ 26, 014.45 D.₱ 27,398.90
3. Down payment is a first payment that one makes when buying something with an agreement to
pay the rest later. Assume a house and lot priced at ₱1,500,000.00 is asking for a 20% down
payment and an APR of 5% with a term of 25 years. How much is your down payment?
A. ₱30,000.00 B. ₱300,000.00 C. ₱7,500,000.00 D.
₱30,000,000.00
4. Chen owes a total of ₱ 65, 280.00 on her credit card. If she only pays the 6% minimum payment,
a fee of 4% will be added to the following statement. What is her needed monthly payment on
the third month if she did not use her card for 3 months and simply paid the minimum amount
due? Your answer should be rounded to the nearest hundredths.
A. ₱ 3, 916.80 B. ₱ 3,838.46 C. ₱ 3,752.48 D. ₱ 3,668.43

5. At ABC Gadget Store, some items are paid on installment basis through credit cards. Mike was
able to sell 10 cellphones costing ₱18,000 each. Each transaction is payable in 6 months equally
divided into 6 equal installments without interest. Mike gets 2% commission on the first month
for each of the 10 cell phones. Commission decreases by 0.30% every month thereafter and
computed on the outstanding balance for the month. At the end of installment period, how
much will be his total commission?
A. ₱ 9,450 B. ₱ 8,820 C. ₱ 6,150 D. ₱ 3,600

6. People who are working expects a monetary return for their service. There are different ways a
person gets paid for his/her services. Which of the following statements is/ are true?
I. Income is the amount that an individual receives in exchange for providing a
good/service or through investing capital.
II. Wage and salary can be an interchanging concept in a business organization.
III. Salary is the compensation usually quoted annually or monthly for an employee.
IV. The benefits are employer compensation given by an employee on top of the basic
salary/wage.
V. Wage is compensation quoted at an hourly or daily rate for an employee.
A. III and V B. II and IV C. I, III, and V D. I, II, and IV

7. Income is a money that an individual receives in exchange for providing a good/service or

through investing capital. Mr. Lozano work starts from 2:00 PM until 11:00 PM. If his A.
hourly rate is ₽523.50. How much is his daily income?
₽2,094.00 B. ₽4,188.00 C. ₽4,711.50 D. ₽5,235.00

8. The gross income of an individual refers to the total amount he/she earned before deductions
are made and the net income is the difference between his/her gross income and deductions.
Below is a sample pay slip of an employee working in Madrigal Telecommunications Company.
Which of the following shows the graphical representation of the gross and net earnings of the
employee?
9. The Benefits of the Wage Earner are Long term benefits: retirement, death, disability, minimum
wage earner tax exemption. Bonuses and allowances ( e.g. travel, rice, meal, clothing and laundry).
13th month pay, holiday pay, special pay, overtime pay, night shift differential and hazard pay.
Leave incentives: sick, maternity, paternity, solo parent, and others. Health-related benefits and
insurances. Which of the following statement/s is/are true?
I. Christmas Bonus, productivity incentives, thirteenth month pay, uniform allowance, rice
subsidy, and monetized unused vacation leave credits not exceeding to the limit as prescribed in
Revenue Regulation No. 11-2018 are examples of taxable benefits.
II. A wage earner has long term benefits namely: retirement, death, and disability benefits.
III. Minimum wage earner tax exemption, bonuses and allowances, 13th month pay, holiday pay,
special pay, leave incentives, and health-related benefits and insurances are the only benefits given
to wage earners.
IV. Thirteenth month pay which exceeded the amount of ninety thousand pesos ₱ 90, 000 limit as
prescribed by the law is subjected to tax.
V. According to Department of Labor and Employment (DOLE) statutory benefits (2020),
retirement benefit is given to an employee aged 60-65 years who served the establishment for at
least ten (10) years.
A. II, IV B. I, II, IV, V C. I, II, III, IV D. I, III, V

10. The minimum retirement pays R given by the formula R = 22.5 • P • T, where P is the daily rate
and T is the number of years served. Supposed P = ₽2,500 and T=10, then what is the value of R?
A. ₽25,000 B. ₽56,250 C. ₽562,500 D.
₽5,622,000

11. Mr. Tan’s daily rate is ₽ 675.00, and is given a sick leave of 30 working days. Suppose the sick
leave benefits is convertible to cash and he has incurred 7 days absences only (all , due to
sickness). How much will he get?
A. ₽ 675.00 B. ₽ 4,725.00 C. ₽ 17,595.00 D. is ₽
22,950.00
12. Overtime Pay is an additional compensation payable to employee for services or work
rendered beyond the normal eight hours of work. It is computed by multiplying the overtime rate
with the number of hours more than the regular eight hours of work. Which statement/s is/are
FALSE in computing overtime pay?
I. On ordinary Days: Plus 20% of the hourly rate multiplied by the number of hours.
II. A special day, which is also a scheduled rest day: 130% x basic pay
III. A regular holiday, which is also a scheduled rest day: 260% x basic pay
IV. Overtime on Night Shift on ordinary day: 110% x overtime hourly rate and on rest day, special
day, or regular holiday: 110% x overtime hourly rate
A. III B. I and II C. I and IIV D. I, II and IV

1.25 ( H )−2
13. Formula for computing the overtime pay, T = xR
8
Where: T = Overtime Pay H = number of working hours R = daily rate
Mr. Lorenzo’s daily rate is ₽675.00. He worked on a regular day from 8:00 AM to 8:00 PM. How
much did he earn that day?
A. ₱ 675.00 B. ₱ 1,096.88 C. ₱ 1,202.34 D. ₱12, 487.50

14. Alice works 8 hours in a Bulalo restaurant in Tagaytay City during weekdays. She wants to
compute for her overtime pay for the previous week. Using the given e-spreadsheet below, how
will she compute for her overtime pay?

A. Highlight cells from D6 to D11 and click the auto sum feature of the spreadsheet. The generated
sum if the overtime pay.
B. On cell D6, input “=H7*C6”. Copy the formula until cell D10. Hit the Auto Sum button in the
Home menu to compute for the overtime pay.
C. Type “=$H$7*C6” on cell D6 and hit Enter. Drag the formula until cell D10. On cell D11, type
“=SUM (D6:D10)” to compute for the overtime pay.
D. Type “=H7*C6” on cell D6 and hit Enter. Drag the formula until cell D11. The result in cell D11 is
the overtime pay.
15. Enrico was requested to show his laundry shop's income for the previous five years. He
discovered that it involves a massive amount of data that demands a clear representation of
patterns, information links, and comprehensive analysis. Which method(s) of business data
presentation should he employ?
A. Graphical and Textual Forms
B. Graphical, Textual, and Tabular Forms
C. Tabular and Textual Forms
D. Tabular Form
16. Jovemer needs to create a graphical representation of his sari-sari store semi-annual earnings.
Arrange the statements below to create the most appropriate graph for his business data.

Procedure to arrange:
I. Choose the pie chart.
II. Customize the graph using the Chart Design and Format tab of the e-spreadsheet such as labels,
axis, and legends.
III. Highlight the data from A3 to B9.
IV. In the Insert Tab, select recommended charts.
V. Select the bar graph.
VI. Select the Formulas tab to highlight the data needed for the chart.

A. III, IV, I, II B. III, IV, V, II C. III, VI, II, I D. VI, I, V, III, IV

17. Business Data can be presented using tables and graphs. Given the table of different type of Salad

SALAD CALORIES FAT PROTEIN SODIUM

FRUIT 170 20 g 10 g 550mg
BUKO PANDAN 185 18 g 12g 601 mg
POTATO 190 17.5 g 10 g 580 mg
MACARONI 250 22 g 17 g 619 mg
Which is/are the interpretation/s of the data?
I. Fruit salad has highest calories.
II. Fruit and macaroni salad had same protein contain of 10g.
III. Among the given salad Potato had the lowest sodium.
IV. All the salads had fat contain from 17.5-22 g.
A. I and III B. II and IV C. I, II and III D. II, III and IV
18. Bryan owns a Louis DigiShop which sells computers, laptop, smartphone, and tablets. Upon
doing a report on the sales of each item in the last 4 years, he concluded that “Smartphones are the
most sought-after items in the shop followed by laptops. The highest earning is in year 2020 and
lowest was in 2018. The least bought item among the four are tablets. It was the only item with
inconsistent trend as it has a decrease in sales in year 2019 and 2021.”. Which of the following
graphs represent Bryan’s interpretation?

19. Felger owns a Pasalubong store in Cavite. The mean is 86.91 and the standard deviation of the
scores is 4.13.

I. In terms of total dispersion, the range of scores is closely packed together.

II. Carmona workforce is the best performing branch while Magallanes is the least.
III. Felger’s Pasalubong store performed satisfactorily as a business.
IV. The mid-performer based on the range of scores is the workforce of Naic Branch.
V. The modal score is acquired by Maragondon and Rosario branches.
A. II, III, and IV B. I, II, and III C. I, II, and V D. I and V

20. MS Excel is an important tool for constructing data graphs for presentation. The key steps in creating
graphs in MS Excel are selecting the data and creating a chart. Arrange the steps in creating a column
chart showing Company A sales from 2011-2015

I. Plot the data series as follows:

Company A Sales 100,000 120,000 144,00 172,800 207,360

II. Then click the Column button and the first chart sub-type under 2-D Column (boxed in red):
III. A graph will appear on the worksheet.

IV. Select all cells (including the blank cell at the top-left corner), then click on the Insert tab
(boxed in red):

A. I, II, III and IV B. I, II, IV and III C. I, IV, II and III D. II, I, III and IV