BMAT 112 Third Quarter Exam

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Mr. A, Mr. B and Mr. C invested a total of Php50,000 to open a store.

Their ratio of their capital


investment is 3:2:2, respectively. What kind of proportion is being described?

= Partitive

The return of merchandise that was bought, is governed by the rules set by

= DTI

If 6 men can make a house in 28 days, how long will it take 4 men to do the same job?

= 42 days

Mr. Jones loaned Php1,500,000 at 5% simple annual interest. How much is the interest expense for the
first 3 months?

= Php 18,750

ABCD Merchandise initially sold Product X at Php30. After a week, the retail price was increased to
Php32. The difference between Php30 and Php32 is called as

= Mark-up

A product costs Php50. Initial retail price was Php75, after a month, a 10% additional mark-up was
integrated. What is the gross margin?

= Php. 32.50

ABC Merchandise has currently has 200 items of merchandise costing Php500 each. Currently, the
business expenses already reached Php50,000. How much must be the selling price of the merchandise
in order to breakeven?

= Php. 750

Mr. Kang and Ms. Kong are partners in KangKong Business. They agreed to share profits in a ratio of 3:2
respectively. The business had a gross profit of Php1,000,000; total business expenses of Php200,000.
How much will Mr. Kang get?

= Php. 480,000
(55-5/5)+10/5-6/(10+5/7) is equal to

= 55.44

Assume that ABCD Merchandise sold goods on Sept. 20 for P3,000, with terms 2/10, n/60. The buyer has
paid immediately after 2 days, how much is the sales discount?

= Php 90

Mr. Pen, a high income generating individual proposed to Ms. Apple. One day after that, they were
immediately married without pre-nuptial agreement. Eleven months after the marriage, out of his
salary, Mr. Pen bought a house and lot worth Php1,500,000. This property is a considered as a conjugal
property. Conjugal properties are owned equally by both the husband and the wife. One day later, Ms.
Apple wants an annulment. If the annulment will be pushed, what is the value of the share of Mrs Apple
in the house and lot?

= Php. 750,000

4/4 is an example of

= Improper Fraction

ABCD Merchandise initially sold Product X at Php30. This statement describes

= Gross Margin

One and one fourth is an example of

= mixed fraction

Mr. Jones loaned at the bank for an amount worth Php2,000,000. His interest expense for the whole
year is Php150,000. What is the interest rate?

= 7.5%

Seventy divided by twenty one is closest to

= 10/3
Mr. Ken earns Php450 within 3 hours. How much will he earn if he works for 8 hours?

= Php. 1,200

John took an exam which has a 1 hour time limit. He finished the answering all the exam items for 35
minutes. How much time is left for him to review his answers?

= 90 php

The cost of the Product X is Php 25. ABCD Merchandise initially sold it at Php30. After a week, the retail
price was increased to Php35. The difference between Php35 and php25 is called as

= Gross Margin

Assume that ABCD Merchandise sold goods on Sept. 20 for P3,000, with terms 2/10, n/60. The buyer has
paid immediately after 2 days, how much is the sales discount?

= 90 php

If 6 men can paint our house in 18 days, 4 men can do the same job within 27 days. The statement
describes

= Inverse proportion

15,478 people took the board exam and only 3,457 passed. What is the passing percentage?

= 22%

You have ten pieces of five peso coins and 27 pieces of 25 centavo coins. How much do you have?

= Php. 56.75

This is a way of writing parts of a whole with the use of a numerator and a denominator.

= fraction

8/90 is equivalent to

= 0.89
Mr. Ken is a minimum wage earner. He earns Php175 for 5 hours of work. What is his hourly wage rate?

= Php 35

Which fraction has the greatest value

= 21/2

Madam Kurdapya died leaving her 220 hectares of land worth Php75,000,000 and other properties
worth Php25,000,000. In her last will and testament, it was stipulated that 30% of the land will be given
to the first child, 30% to the second child and 40% to the third child. The other properties will be given
fully to the first child. What is the fraction of the first child's total inheritance from the total properties
of his mother?

= 19/40

5/2 is equivalent to

= Two and five tenths

The current retail price of Product B is Php200. The management decided to have a 20% mark-down.
What will be the new selling price of the product?

= Php 160

Mr. Jones loaned Php1,500,000 at 5% simple annual interest. If the loan will be 2 years. What will be the
total interest expense for the two year period?

= Php. 150,000

Mr. Mata and Ms. Lino are Partners in MataLino Merchandise. It was agreed that 30% of the profit will
be given to Mr. Mata and the rest will go to Mr. Lino. The business has a total sales of Php200,000; Cost
of sales is Php45,000 and business expenses were Php35,000. How much share in profit will Mr. Lino
get?

= Php. 84,000
Which is not being used to represent a part of a whole?

= discrete numbers

Mr. Am, Mr. Bis and Mr. Yoso are partners in AmBisYoso Business. They agreed to share profits in a ratio
of 3:2:1 respectively. The business has net profit worth Php1,500,000. How much will Mr. Bis get?

= Php. 500,000

10/12 is an example of

= proper fraction

Mrs. Fe has USD50 on hand. If the current exchange rate is Php 47.55 per US Dollar. How much will she
get if she will convert her money today?

= Php. 2,377.50

John took an exam and got a score of 10 points. His score is 0.025 of the total points. How many points
are there in the exam?

= 400

In the month of September the retail price of the product is Php1,500. For the month October they had
an additional mark-up of 10% based on the retail price. For the month of November they had another
markup worth 10% of the October retail price. For the month of December they had 15% markdown
based on the November retail price. What is the price of the product on December?

= Php. 1,542.75

ABCD Merchandise initially sold Product X at Php30. After a week, the retail price was increased to
Php28. The difference between Php30 and php28 is called as

= Mark-down

On January 5, 2016, Mr. Ken bought merchandise with an invoice of P150,000 with terms 1/10, n/30. He
paid on January 30, 2016. How much is the discount that he got?

= Php. 1,500
ABC Merchandise has currently has 200 items of merchandise costing Php500 each. Currently, the
business expenses already reached Php50,000. How much must be the selling price of the merchandise
in order to have a profit of 50,000?

= Php. 1,000

ABCD Company laws states that 10% of its monthly profits will be distributed and equally divided to its
employees. ABCD has 30 employees and has earned a profit worth Php4,000,000. In an average, how
much will each employee get?

= Php. 13,333.33

Mr. Han bought merchandise with a total original price of P25,000 for. Because he purchased a large
quantity he is entitled of the 20% discount. How much must he pay?

= Php. 20,000

Mr. A, Mr. B and Mr. C are partners in ABC Business. They agreed to share profits in a ratio of 3:2:1
respectively. If the share of Mr. B in the profit is Php350,000. How much is the total profit?

= Php. 1,050,000

If the cost of 2 kg of sugar is Php48, then what would be the cost of 7 kg sugar?

= Php. 168

On January 5, 2016, Mr. Ken bought merchandise with an invoice of P150,000 with terms 1/10, n/30. He
paid on January 10, 2016. How much is the discount that he got?

= None

Mr. Mat has USD12 on hand. He went to a money exchange center and converted his money into
Php600. What is the current exchange rate expressed in Php/USD?

= Php. 50 per USD

If the cost of 1 kg of sugar is Php20, then 3 kg of sugar is Php60. The statement describes

= Direct Proportion
One thousandths is an example of

= decimal

Convert 89/7 to decimals

= 12.7

John took an exam and got a score of 10 points. His score is 0.025 of the total points. How many points
are there in the exam?

= 400

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