RED ARROW HIGH SCHOOL

Magsaysay Street, San Nicolas, Pangasinan 2447

2nd Departmental Exam
2nd Semester S.Y.2019-2020
Business Mathematics
ABM 11
Name: Date: Score:
I. Identification
1. is the amount by which a manufacturer reduces the retail price of a product
that it sells to a retailer, rather than to the end customer.
2. is the difference between the selling price of an item and its cost.
3. if the new selling price, after applying the markdown, is greater than the sum of
the cost and expenses.
4. if the price does not even cover the cost of buying the item.
5. if the new selling price, after applying the markdown, is equal to the sum of the
cost and expenses, then there is neither profit nor loss.
II. Complete the table below. Fill in the missing information.
Original Price Rate of Trade Discount Trade Discount DiscountedPrice/Net Price
1. Php 580 Php 43.50
2. Php 6, 200 Php 5, 084
3. Php 5, 040 Php 12, 960
4. 2 1/3% Php 182
5. Php 28, 200 Php 987

Cost Rate of Markup Based on Rate of Markup Based Price of Markup Selling Price
Cost on Selling Price
1. Php 1, 150 Php 5, 750
2. Php 5, 520 Php 11, 040
3. Php 4, 830 Php 4, 370
4. Php 18, 400 Php 27, 600
5. Php 8, 050 Php 23, 000

Original Selling Price New Selling Price Rate of Markdown Markdown

1. Php 4, 500 Php 3, 000

2. Php 6, 150 24%

3. Php Php 200

4. 32% Php 5, 250

5. Php 5, 670 Php 340

III. Solve the following problems:

1. Maria makes money by commission rate. She gets 15% of everything she sells. If Maria sells Php 230, 000 worth of items this
month, what is her salary for the month?

2. Bernhard makes Php 7, 000 a month plus some money by commission rates. He gets 6% of everything he sells. If Peter (one
of his agents) sells Php 55, 000 woth of items this month, what is Bernhard’s salary for the month?

3. Marc received a commission of Php 4, 480 for selling Php 64, 000 in goods in the past two weeks. What rate of commission
did he earn?

4. A computer salesman earns a 5.5% commission on each sale. If he sells 5 computers in one week for a total of Php 105, 500,
how much commission does he earn?

5. A wholesale food representative earns a 3.25% commission on sales. If her annual sales is Php 1, 610, 000, how much
commission will she earn?

Prepared by: Approved by:

Rhodalyn O. Mejia Rodel P. Tamondong

(Subject Teacher) (Principal)