Scribd
Upload
217 views1 page

Problem-Solving Questions on Salaries and Pricing

The document contains a series of problem-solving questions related to financial calculations, including markup, markdown, wages, salaries, overtime pay, commissions, and net pay. Each question requires the reader to apply basic arithmetic and percentage calculations to derive the answers. The scenarios involve various individuals and their earnings or costs in different contexts.

Uploaded by

Mark Anthony Bell Bacang
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
217 views1 page

Problem-Solving Questions on Salaries and Pricing

The document contains a series of problem-solving questions related to financial calculations, including markup, markdown, wages, salaries, overtime pay, commissions, and net pay. Each question requires the reader to apply basic arithmetic and percentage calculations to derive the answers. The scenarios involve various individuals and their earnings or costs in different contexts.

Uploaded by

Mark Anthony Bell Bacang
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Problem-Solving Questions

Directions: Read the question carefully.

1. A store bought a bag for ₱800 and wants to apply a 30% markup on cost. What is the
selling price?
2. A shirt originally priced at ₱1,200 is on sale with a 25% markdown. What is the sale
price?
3. A retailer wants to sell a pair of shoes at ₱2,500 with a mark on price of 40%. What is
the original cost?
4. John works 8 hours a day for 5 days a week at ₱150 per hour. How much is his weekly
wage?
5. Anna earns a monthly salary of ₱25,000. How much is her annual salary?
6. Rico works 2 hours overtime. His regular hourly rate is ₱200. What is his overtime pay
if the overtime premium is 25%?
7. Maria earns ₱180/hour and worked 40 regular hours and 5 overtime hours (30%
premium). What is her gross pay?
8. A salesperson earns a 5% commission on total sales. If they sold ₱150,000 worth of
products, how much is their commission?
9. Sarah earns a gross pay of ₱20,000. She has deductions of ₱1,200 for SSS, ₱750 for
PhilHealth, and ₱1,050 for Pag-IBIG. What is her net pay?
10. Leo earns ₱18,000 monthly salary. He also worked 10 hours overtime in one month.
His hourly rate is ₱112.50 and the overtime premium is 35%. How much is his total
salary including overtime?

You might also like