Il lile letter of the correct answer.
A. P100
B. P120
C. P110
A. P30 000
C. P34 000
D. P36 000
A. P900
B. P935
C. P925
D. P115
2. Mr. Reyes wants to buy a TV set marked P40 000 at a 15% discount. How much will he pay?
B. P32 000
3. A group of Grade 6 pupils ate in a fast-food center. If their orders amounted to P 850 plus
10% VAT, how much did the group pay to the cashier?
D. P955
4. Mother has put P10 000 in time deposit in a bank for my enrollment in high school. If the
bank gives 9.5% interest per year, how much will be my mother's money at the end of one
year?
A. P10 910
B. P10 950
C. 10 850
D. 10 960
5. A salesman sold a motorcycle for P60 000. How much commission
will he receive at 5%?
A. P3 000
B. P3 500
C. P4 000
D. P6 000
6. A bag on sale has a discount of 15%. If the sale price of it is P 1887, what is its original
price?
B. P 2 420.00 B. P2 320.00 C. P 2 220.00
D. P 2 120.00
7. A business man borrowed P 10 000.00 at 12% simple interest. How much interest does
he pay in a year?
B. P 1 200.00 B. P1 120.00 C. P1020.00 D. P 1 000.00
8. In a bookstore, the owner adds a markup rate of 10% on all the products. What is the
cost of color pens which sold P 55.00 before?
B. P 45.50
B. P 55.50
C. P 60.50
D. P 65.50
9. During a sale, Mrs. Mondoy bought a cooking pot at 24% off the original price. If the
original price of it was P 1 850, how much did she pay for it?
B. P 1 826
B. P 1 874
C. P 1 240
D. P 1 406
10. What is the selling price of the laptop that costs P 24 000.00 if its sales tax is 12%?
A. P 2 880.00 B. P 21 120.00 C. P 26 880.00 D. P 28 880.00
1. How much he can save by buying a pair of shoes marked at P1000 at a discount of 10%?​