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Gen Math Reviewer

The document is a review guide for a Grade 11 General Mathematics summative assessment scheduled for July 7, 2026, focusing on definitions and problem-solving related to salaries, wages, and income. It includes key terms such as salary, wages, gross pay, and net income, along with formulas for calculating gross pay based on piece-rate and hourly rates. Additionally, it provides reminders for solving problems, including decimal ruling and percentage systems, as well as a sample problem with a detailed solution.
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0% found this document useful (0 votes)
6 views2 pages

Gen Math Reviewer

The document is a review guide for a Grade 11 General Mathematics summative assessment scheduled for July 7, 2026, focusing on definitions and problem-solving related to salaries, wages, and income. It includes key terms such as salary, wages, gross pay, and net income, along with formulas for calculating gross pay based on piece-rate and hourly rates. Additionally, it provides reminders for solving problems, including decimal ruling and percentage systems, as well as a sample problem with a detailed solution.
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Grade 11 - St.

Alberto Magno
General Mathematics Summative SA will be held on
Assessment Reviewer July 7, 2026

Types of exam: Pointers:


Definition of Terms Problem Solving on Salaries, Wages and Income
Problem Solving

Definition of Terms:
Common Pay Periods:
1. Salary - a fixed amount of money earned per year.
2. Wages - income earned based on the number of Weekly : 52 weeks
hours worked. Biweekly : 26 weeks
3. Overtime Pay - earned for hours work beyond the Monthly : 12 months
regular working time. Semi-monthly : 24 months
4. Gross Pay - total earnings before deductions. Unit : 4 quarters
5. Net Income - income after all deductions have been Semi-Annually : 2 semi annuals
subtracted.
6. Commission - pay based on the percentage of sales.
7. Piece-rate Wage Plan - pay based on the number of
items produced.
8. Standard Personal Income Deductions - amounts
taken out of gross income such as tax, SSS, and
PhilHealth.
9. Compensation - refers to salary, wages, pay, or
benefits provided to an employee in return for work
performed as required.
(Reminder: Always use the full term just in case)

Calculation of Gross Pay:


a. Piece-Rate Wage Plan
Straight-Piece Rate - Workers are paid the same fixed rate for all the items finished.
Formula: Gross Pay = Quantity x Rate (In simpler terms: GP = QR)

Graduated-Piece Rate - Workers are paid graduated rates as the quantity of items
produced increases.
Formula: GP = Q1 R1 + Q2 R2 + ... + Qn Rn

Q1 , Q2 , Q3 , ... , Qn represents the quantities produced by interval


R1 , R2 , R3 , ... , Rn represents the corresponding rates of the graduated intervals.

b. Hourly Rate - workers are paid based on the number of working hours.
Formula: Gross Pay = No. Hours Worked x Hourly Rate (In simpler terms: GP = HR)
Reminders when solving:
a. Decimal Ruling
Only use 2 decimals places (Ex. 2.43)
If the decimal exceeds more than 2 (Ex. 2.59384), round the third decimal to the closest
hundreths, (Ex. 2.593 →2.59)

b. Percentage System

200% = 2.0
150% = 1.5
100% = 1.0
75% = 0.75
50% = 0.5
10% = 0.1
5% = 0.05
1% = 0.01

c. Answering Problems

Step 1: Analyze the Given


Step 2: Find the Formula
Step 3: Solution

Example:
A carpenter earns P5.25 for every cabinet knob he installs. In one week, he finished:
Monday, 80; Tuesday, 85; Wednesday, 100; Thursday, 95; and Friday, 110. How much is his
gross pay for the week?

Find the given:


Given: R = P5.25, Q1 = 80, Q2 = 85, Q3 = 100, Q4 = 95, Q5 = 110

Find the formula to be used:


Formula: GP = Q1 R + Q2 R + ... + Qn R

Substitute the given to the formula:


Solution:
GP = Q1 R + Q2 R + Q3 R + Q4 R + Q5 R
GP = 80(5.25) + 85(5.25) + 100(5.25) + 95(5.25) + 110(5.25)
GP = 420 + 446.25 + 525 + 498.75 + 577.5
GP = P2467.5

(Note: The formula used is not graduated piece rate nor is included in the book, but a formula
for multiple Straight-Piece Rates. This is just a visual reminder para hindi gulo-gulo ung
solution and para hindi maubusan ng oras.)

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