II. Solve the following problems and write the solution and complete answer on the space
provided.
1. Mr. and Mrs. Montes spend 65% of their monthly salaries for food. Mr. Montes earns P6 450 while
his wife earns P5 150. How much of their monthly salaries go to their other expenses?
2. Julia made a loan from their cooperative. P2 400 was deducted from the principal as yearly
interest. At the interest rate of 8% per annum, how much was her loan?
3. Allen is entitled a commission of 18% on all of his sales above P50,000. If his total sales for the
month is amounting to P128,500, how much commission did he receive?​