CULMINATING UNIT TEST: JHS BESTCAP

SY 2021 – 2022 CAREER COLLEGE, INC.

QUARTER 2
CULMINATING UNIT TEST in
BUSINESS MATHEMATICS, GRADE 11 - ABM
PREPARED BY: CHECKED BY:

VINCE ROMYSON A. VENTURA. DARWIN D. ESTEBAN, LPT

Teacher School Principal

MOST ESSENTIAL LEARNING COMPETENCY/ies (MELC):

 Illustrate different types of commissions. (ABM_BM11BS-IIa-11)
 Compute commissions on cash and installment basis. (ABM_BM11BS-IIa-12)
 Compute for down payment, gross balance, and current increased balance.
 Solve problems involving interests and commissions.
 Define salary, wage, income, benefits. (ABM_BMIISW-IIc-1)
 Compute gross and net earnings. (ABM_BMIISW-IId-2)
 Define each of the benefits given to wage earners. (ABM_BMIISW-IIe-5)
 Distinguish taxable from non-taxable benefits. (ABM_BMIISW-IIe-6)
 Enumerate the standard deductions with the corresponding computation.
(ABM_BMIISW-IIe-7)
 identify the variables needed in the computation of overtime as well as the ability to
compute for the overtime pay (ABM_BM11BS-IIe-8 and ABM_BM11BS-IIe-9).

QUESTIONNAIRES:

1. A salesman sells a used car for ₱95,000. His commission rate is 4%. What will be his
commission for the sale?
a. ₱3,200
b. ₱3,400
c. ₱3,600
d. ₱3,800
2. A clerk sold ₱3,500 in merchandise in 1 week. If he received commission of ₱140, what
was the rate of commission?
a. 3%
b. 4%
c. 4.5%
d. 5%
3. Gener works as a salesperson. He earns 5% commission on the first ₱10,000 of sales and
8% on any sale above ₱10,000 for the week. How much did Gener earn in commission in
a week if his sales reaches ₱25,000?
a. ₱1,700
b. ₱1,750
c. ₱2,700
d. ₱2,750
4. A real estate agency receives 2% commission on the first ₱1,000,000 of a sale and 3% on
the remainder. How much is received on a sale of a ₱2,800,000 property?
a. ₱20,000
b. ₱34,000
c. ₱54,000
d. ₱74,000
5. Darwin is a real estate agent and he earns a 3% commission on each home sale. If he sells
a home for ₱2,550,000, how much will he earn in commission?
a. ₱76,000
b. ₱76,250
c. ₱76,500

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CULMINATING UNIT TEST: JHS BESTCAP
SY 2021 – 2022 CAREER COLLEGE, INC.

d. ₱76,750
6. Gray is paid a weekly salary of ₱2,000 per week plus a commission of 6% of the profits
made by the company on the goods that he sells. How much does Gray earned in a week
during which a ₱70,000 profit was generated by his sales?
a. ₱6,000
b. ₱6,200
c. ₱6,500
d. ₱6,800
7. If a salesman is paid ₱140 commission on the sale of a ₱2,800 gas stove, what is his
commission rate?
a. 5%
b. 10%
c. 15%
d. 3%
8. A real estate agency receives 2% commission on the first ₱250,000 of a sale and 4% on
the rest. How much commission is received on the sale of a ₱730,000?
a. ₱24,100
b. ₱24,200
c. ₱24,300
d. ₱24,400
9. Mr. Ventura is planning to buy a car and advised to prepare a 25% down payment. If the
car costs ₱2,500,000, how much down payment should he prepare?
a. ₱600,000
b. ₱615,000
c. ₱625,000
d. ₱650,000
10. It is the fee that a company pays for its sales agents in exchange of their services.
a. Interest
b. Rate
c. Maturity Value
d. Commission
11. All of the following are needed in computing Interest, EXCEPT?
a. Commission Rate
b. Principal
c. Interest Rate
d. Time
12. What is the other word for Book Balance?
a. Book Increase
b. Gross Balance
c. Commission
d. Increased Balance
13. It refers to the total amount of money a bank has on deposit before adjusting for
uncleared checks or deposits, as well as reserve requirements.
a. Interest
b. Increased Balance
c. Gross Balance
d. Commission
14. What will you do if the time given is in months?
a. Subtract it by 12
b. Multiply it by 12
c. Add 12
d. Divide it by 12
15. It is the first payment that one makes when he/she buys something with an agreement to
pay the rest later.
a. Gross Balance
b. Down Payment
c. Increased Balance
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CULMINATING UNIT TEST: JHS BESTCAP
SY 2021 – 2022 CAREER COLLEGE, INC.

d. Interest
16. What is the formula for Maturity Value?
a. Rate + Interest
b. Interest x Principal
c. Interest + Principal
d. Rate x Interest
17. The amount a worker receives on a piece-rate, hourly rate or daily rate.
a. Absences
b. Deduction
c. Loan
d. Wage
18. Earnings of employees paid on monthly or annual basis are generally referred to as
_____________.
a. Employee Benefit
b. Deduction
c. Salary
d. Wage
19. If Rachelle’s annual salary is Php126,323.26, how much is her monthly salary?
a. Php10,526.94
b. Php21,053.88
c. Php31,053.88
d. Php63,161.63
20. How much is the bi-weekly salary of an employee earning a salary of Php16,544.86
monthly?
a. Php4,136.22
b. Php5,514.95
c. Php8,272.43
d. Php11,029.9
21. Grace has a total production of 239 pieces. What is her gross earning if the piece-rate
plan is Php1 for less than 200 pieces and Php1.15 for more than 200 pieces?
a. Php200.00
b. Php239.00
c. Php250.95
d. Php274.85
22. Layla has a monthly net amounting to Php18,539.54. If she receives a total deduction of
Php4,652.10, how much is her total earning?
a. Php23,191.64
b. Php25,809.36
c. Php25,919.57
d. Php27, 108.34
23. Angela has a total earning amounting to Php20,178.06. If she receives a total deduction
of Php3,201.84, how much is her net pay?
a. Php16,976.22
b. Php19,976.22
c. Php23,379.90
d. Php25,864.78
24. If D = Php1,050.00, and N = Php15,164.26, what is the value E?
a. Php14,114.26
b. Php16,214.26
c. Php17,254.74
d. Php16,114.74
25. Given the daily rate P and the number of years, T, the minimum retirement pay, R is
given by the formula _______.
a. R = 22.5 x P x T
b. R = 22.5 x P / T
c. R = 22.5 x P + T
d. R = 22.5 x P - T
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Telefax No.: (045) 934-3293
CULMINATING UNIT TEST: JHS BESTCAP
SY 2021 – 2022 CAREER COLLEGE, INC.

26. Let x be the annual basic salary of an employee. The 13th month pay of the employee
must be _______ of x.
1
a.
2
1
b.
4
1
c.
8
1
d.
12
27. Michelle will give birth to her baby through normal delivery. Her monthly salary is
Php18,500.00. How much is her maternity benefit?
a. Php37,000.00
b. Php46,250.00
c. Php48,100.00
d. Php55,500.00
28. Which of the following is NOT an example of leave incentives?
a. Sick Leave
b. Maternity Leave
c. Marriage Leave
d. Paternity Leave
29. How much is the withholding tax of employees whose monthly salary is Php20,833 and
below?
a. 10% of salary
b. 20% of salary
c. 25% of salary
d. None
30. The current SSS contribution rate is _______ of the monthly salary credit not exceeding
Php20,000.
a. 10%
b. 12%
c. 14%
d. 15%
31. What does BIR mean?
a. Bureau of Income Regulations
b. Bureau of Internal Regulations
c. Bureau of Income Revenue
d. Bureau of Internal Revenue
32. _______ is popularly known as the Pag-Ibig Fund.
a. Home Development Mutual Fund
b. Housing Development Mutual Fund
c. Home Development Mutual Financing
d. Housing Development Money Financing
33. An employee was required to work additional 5 hours overtime to meet the deadline for
their output. The daily wage rate is Php450.00. Compute for the overtime pay.
a. ₱350.56
b. ₱351.56
c. ₱352.56
d. ₱353.56
34. Aiza works on holiday for 12 hours. How much is her income for that day if her regular
daily rate is Php480?
a. ₱960
b. ₱1,440
c. ₱1,584
d. ₱1,872

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Telefax No.: (045) 934-3293
CULMINATING UNIT TEST: JHS BESTCAP
SY 2021 – 2022 CAREER COLLEGE, INC.

35. Mr. David works on regular days from 7:00 AM to 7:00 PM with a daily rate of Php675.
How much did he earn that day?
a. ₱1,096.88
b. ₱1,275.20
c. ₱1,346.70
d. ₱1,410.20
36. Bruno, a guard was required to work on November 1, a holiday and Sunday, which is
also his rest day. His daily wage is Php580.00. Compute for his compensation that day.
a. ₱1,501
b. ₱1,504
c. ₱1,505
d. ₱1,508
37. Marxiano, a factory worker was required to work on December 25. His daily rate is
Php100.00. What will be his earnings for the first eight hours?
a. ₱150
b. ₱200
c. ₱250
d. ₱300
38. If Mr. Balmond needs an employee to work on November 2, a special non-working
holiday that falls on Sunday, how much is he going to pay for the employee whose daily
wage is Php480 and 2 hours of overtime?
a. ₱1,472
b. ₱1,572
c. ₱1,772
d. ₱1,872
39. Gustavio worked last Sunday from 7:00 AM to 7:00 PM. How much will be his total
earnings if his daily rate is Php650?
a. ₱546.25
b. ₱548.35
c. ₱546.35
d. ₱548.25
40. Alex was asked to work on January 1 because of a machine repair. He worked from 8:00
AM to 8:00 PM. What is his total earnings if his daily rate is Php550?
a. ₱1,715
b. ₱1,815
c. ₱1,915
d. ₱2,100

ANSWER KEY:

ITEM ANSWER ITEM ANSWER

1 D 21 D
2 B 22 A
3 A 23 A
4 D 24 B
5 C 25 A
6 B 26 D
7 A 27 A
8 B 28 C
9 C 29 D
10 D 30 B
11 A 31 D
12 B 32 A
13 B 33 B
14 D 34 D
15 B 35 A
16 C 36 D

Brgy. Malacampa, Camiling, Tarlac

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Telefax No.: (045) 934-3293
CULMINATING UNIT TEST: JHS BESTCAP
SY 2021 – 2022 CAREER COLLEGE, INC.

17 D 37 B
18 C 38 D
19 A 39 D
20 C 40 B

PREPARED BY: CHECKED BY:

VINCE ROMYSON A. VENTURA. DARWIN D. ESTEBAN, LPT

Teacher School Principal

Brgy. Malacampa, Camiling, Tarlac

[email protected]
Telefax No.: (045) 934-3293