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2nd Prelim

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0% found this document useful (0 votes)
26 views1 page

2nd Prelim

Uploaded by

rosalyn
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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KORBEL FOUNDATION COLLEGE, INC.

BUSINESS MATH – ABM 11


MR. JOHN PAUL C. VIESCA PRELIM EXAM (2018 – 2019)

GENERAL GUIDELINES: Read carefully and comprehend the instructions. Failed to follow the instructions
will be a loss for the examinee. The test is good for one (1) hour, relax and focus in the exam. CHEATING is
not allowed.

I. Choose the letter of the correct answer inside the box. Write only the LETTER of the correct answer
before the number. (20 pts.)

A. Percent Increase G. Proportion


B. Percent Decrease H. Payroll
C. Ratio I. Gross Pay
D. Consequent J. Wage
E. Antecedent K. Percentage
F. Base L. Rate

_____ 1. It is the total amount of employee’s earnings before deductions have been made by the employer.
It may be in the form of salary or wage, on either a time rate or a piece-rate and other forms of
remuneration.
_____ 2. It is the monetary remuneration computed on hourly, daily, weekly, or piece work basis.
_____ 3. It is the way of expressing the relationship of a number, quantity, substance, or degree between
two similar components.
_____ 4. Is used to illustrate how much a quantity of an amount has increased over its original value.
_____ 5. Used to illustrate how much a quantity or an amount has decreased over its original value.
_____ 6. It is the numerator of the given ratio.
_____ 7. Also known as the denominator, given a set of ratio.
_____ 8. Total amount required to pay workers and employees during a week, month, or other periods.
_____ 9. Way of expressing the comparative relationship between a part, share or portion with regards to
measurement, amount of number.
_____ 10. It represents a part of the base.

II. Problem Solving (60 pts.). Write the complete given and solution to your test booklet.
i. Percentage, Base and Rate Increases and Decreases
1. If an owner quickly sold his condominium unit for ₱1,261,500, which was loss of 13% of the
original purchase, how much had the owner paid originally?
2. Last month, Anna Rose received ₱15,000. This month she received ₱12,000. What percentage
of decrease does this represent?
3. The value of a car typically decreases by 23% in the first year. A car is bought for ₱870,000.
What is its value one year later?
ii. Ratio
1. 408; 8 : 9
2. 276; 5 : 3 : 4
3. 518; 3 : 2 : 9
4. 140; 3 : 1 : 1
iii. Proportion
1. 120 : 0.48 = 300 : x
2. 43 : x = 4 : 8
3. 40 : x = 320 : 20
4. 1.6 : 24 = x : 27
iv. Payroll
1. Given: Annual Salary = ₱542,400, what is the
a. Bi-weekly salary?
b. Monthly Salary?
c. Semi-monthly Salary?
2. What amount is earned by a certain employee who works 10 hours on a given day if the regular
rate for the job is ₱60 and if overtime is paid is 150% in excess of 8 hours?
3. Yap Mabuhay and friends receives ₱82.50 an hour and works for 34 hours this week. Find her
gross pay.

- - - - END - - - - - -
“Banks will lend you money if you can prove you don’t need it”
- Mark Twain

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