La Marea Academy

Tapuac Distrct, Dagupan City

Grade 11
Business Mathematics 11

Remembering Applying and Evaluating TOTAL

TOPIC % and Analyzing and Creating
Understanding
20% 30% 50%
Fundamental Operations on 20% 2 3 5
Fractions, Decimals, and
Percentage 10
# of items 2 3 5
Exam Item # 1-2 3-5 6-10
Percentage, Ratio, and 30% 3 4.5 7.5
Proportion 15
# of items 3 4 8
Exam Item # 11-13 14-17 18-25
Buying and Selling 50% 5 7.5 12.5
# of items 5 8 12
25
Exam Item # 26-30 31-38 39-50
Total 100 10 15 25 50
%
 La Marea Academy Inc
Remedios Village, Tapuac District, Dagupan City
Mobile Number: 09267332189 / 09695887574
Landline: 522-9999
Midterm Examination in
Business Mathematics 11
Name: ___________________________________ Date: __________________________

Year/Section: _____________________________ Score: _________________________

MULTIPLE CHOICE. Choose the letter of the best answer. Shade the box corresponding to the letter on
the answer sheet provided.
1. These are fractions that express amounts which are less than a unit. As such, the numerator is always
less than the denominator.
A. Mixed Numbers B. Proper Fractions C. Improper Fractions D. All of the above
2. What is the line which indicates division?
A. Numerator B. Fraction C. Denominator D. Vinculum
3
3. A recipe calls for cup of sugar. If you want to make half of the recipe, how much sugar do you need?
4
3 1 2 1
A. cup B. cup C. cup D. cup
8 2 3 4
4. Ana bought 2.5 kg of apples at 96.00 per kilogram and 1.75 kg of oranges at 120.00 per kilogram.
Which of the following is closest to the total amount she spent?
A. 420.00 B. 418.00 C. 400.00 D. 405.00
5. A laptop originally costs 32,000. During a sale, it is offered with a 15% discount. After applying the
discount, a 12% VAT (Value Added Tax) is added. What is the final price of the laptop?
A. 30,016 B. 29,920 C. 31,232 D. 28,800
Item 6-10. Compute the given problem and provide a compute solution.
3
Dr. Rolando Lopez bought a dentist’s chair for 50,000. He paid of this amount as down payment. His
5
1
mother gave him of the downpayment.
4
a. How much was the down payment?

b. How much did his mother give him?

c. What fractional part of the total cost of the chair was the amount given by his mother?

d. How much of the down payment was shouldered by Dr. Lopez?

e. What fractional part of the total cost of the chair was the down payment paid by Dr. Lopez?

11. What is 25% of 200?

A. 40 B. 50 C. 25 D. 75
12. A basket contains 12 apples and 8 oranges. What is the ratio of apples to oranges in simplest form?
A. 12:8 B. 3:2 C. 2:3 D. 6:4
13. If 4 pencils cost 20, how much will 10 pencils cost?
A. 40 B. 45 C. 50 D. 55
14. A store offers a 20% discount on a jacket that originally costs 1,250. If a customer also pays 12% VAT
on the discounted price, how much does the customer pay in total?
A. 1,100 B. 1,100.80 C. 1,120 D. 1,120.80
15. In a school, the ratio of boys to girls is 3:5. If there are 160 students in total, how many more girls are
there than boys?
A. 40 B. 50 C. 60 D. 70
16. A recipe for 8 servings requires 6 cups of flour. How many cups of flour are needed for 20 servings?
 A. 12 B. 14 C. 15 D. 18
17. A cellphone’s price increased from 12,000 to 15,000. By what percentage did the price increase, and
what is the ratio of the new price to the old price?
A. 20%, 5:4 B. 25%, 5:4 C. 20%, 4:5 D. 25%, 4:5
Item 18-25. Compute the given problem and provide a compute solution. (You can use the back page for the
solutions)
18-21. To compute for gross profit, the formula is gross sales less cost of sales. A company’s gross sales for
the month are 58,642.75. If 45% is the company’s gross profit, how much gross profit did the company get?

22-25. Irene sells jewelry. For this month, she has a total of 150 pieces of jewelry. Of these, 30% are
earrings, 50% necklaces, and the rest are bracelets. Find the number of jewelries in each category. How many
percent are the bracelets?

26. The formula for profit is?

A. Selling Price – Cost Price C. Selling Price / Cost Price
B. Cost Price – Selling Price D. Cost Price x Selling Price
27. A store offers a 10% discount on a 1,500 item. What is the discount amount?
A. 100 B. 150 C. 200 D. 250
28. Which of the following is the correct formula for Simple Interest?
A. I = PRT/100 C. I = P/RT
B. I = P+R/T D. I = PRT
29. If a shopkeeper buys a bag for 800 and sells it for 960, what is the percentage profit?
A. 15% B. 20% C. 25% D. 30%
30. Customer buys goods worth 2,000 but pays within the discount period and gets 5% cash discount. How
much does the customer pay?
A. 1,800 B. 1,900 C. 1,950 D. 2,100
31-38. Read the given problem carefully and show complete solutions for each part of the question.
A supplier offers a trade credit term of 3/15, n/45, meaning a 3% discount is given if payment is made
within 15 days; otherwise, the full amount is due in 45 days. A retailer buys goods worth 50,000.
a. How much will the retailer pay if the bill is settled within the discount period? (3 points)

b. If the retailer delays payment until the 45th day, how much additional cost does the retailer incur
compared to paying within the discount period? (5 points)

39-50. Read the given problem carefully and show complete solutions for each part of the question.
Mr. Cruz plans to buy a house worth 1,200,000. The seller requires a 20% down payment, and the
balance will be paid through a mortgage loan with a bank. The bank offers a 10 years loan term with a monthly
interest rate of 1%.
1. Compute the following:
a. The required downpayment. (2 points)

b. The mortgage loan principal. (2 points)

c. The monthly amortization (monthly payment) (4 points)

 2. Using manual computation, prepare the first 6 months of the amortization schedule. (4 points) (You
can use the back page for the amortization schedule)

La Marea Academy
Tapuac Distrct, Dagupan City

Grade 11
Business Mathematics 11

Remembering Applying and Evaluating TOTAL

TOPIC % and Analyzing and Creating
Understanding
20% 30% 50%
Employee Compensation 20% 2.4 3.6 6 12
# of items 2 4 6
Exam Item # 1-2 3-6 7-12
Payroll Deduction 15% 1.8 2.7 4.5 9
# of items 2 3 4
Exam Item # 13-14 15-17 18-21
Business Data 15% 1.8 2.7 4.5 9
# of items 2 2 5
Exam Item # 22-23 24-25 26-30
Graphs and Tables 1.8 2.7 4.5
# of items 15% 1 3 5 9
Exam Item # 31 32-34 35-39
Measures of Central Tendency 1.8 2.7 4.5
# of items 15% 2 3 4 9
Exam Item # 40-41 42-44 45-48
Variability 1.8 2.7 4.5
# of items 15% 2 2 5 9
Exam Item # 49-50 51-52 53-57
Tests of Significant Difference 0.6 0.9 1.5
# of items 5% 1 1 1 3
Exam Item # 58 59 60
Total 100 12 18 30 60
%
 La Marea Academy Inc
Remedios Village, Tapuac District, Dagupan City
Mobile Number: 09267332189 / 09695887574
Landline: 522-9999
Final Examination in
Business Mathematics 11
Name: ___________________________________ Date: __________________________

Year/Section: _____________________________ Score: _________________________

MULTIPLE CHOICE. Choose the letter of the best answer. Shade the box corresponding to the letter on
the answer sheet provided.

1. What is gross pay?

a. The total earnings after deductions c. The net income after taxes
b. The total earnings before deductions d. The salary including bonuses only
2. Which of the following is not a type of employee benefit?
a. SSS contribution c. Overtime pay
b. Paid leave d. Pag-IBIG contribution
3. It refers to the renumeration given an employee in exchange of his or her services.
a. Employee Compensation c. Overtime pay
b. Payroll d. Wages
4. The amount an employee actually receives after deductions is called:
a. Gross pay c. Basic pay
b. Net pay d. Overtime pay
5. Which document shows employee earnings and deductions?
a. Time card c. Pay slip
b. Payroll register d. Cash voucher
6. If a company pays 1.5 times the hourly rate for overtime, what does this mean?
a. Double pay c. 50% additional rate
b. Half pay d. 1.5% interest
7-12. Solve the problem and provide your answer.
Carmen is a worker in a textile firm. She is paid a regular hourly rate of 12.00. she is paid “time and a
half” for regular overtime ( overtime done on regular days) and “double time” for overtime done on
Sundays and holidays. The firm has regular working days from Monday to Saturday. Carmen worked
for the following hours for the week:
Monday - 8 hours Friday - 10 hours
Tuesday – 10 hours Saturday - 8 hours
Wednesday - 12 hours Sunday - 4 hours
Thursday-4 hours
Find her gross earnings.

Based on Carmen’s weekly work hours ans pay rates whether her compensation is fair compared to
her workload. Justify your evaluation by finding her gross earnings.

13. Which is a mandatory deduction in the Philippines?

a. Life insurance c. Uniform fee
b. SSS contribution d. Cooperative loan
14. Which deduction is for housing assistance?
a. SSS c. Pag-IBIG
b. PhilHealth d. Income tax
15. What does “withholding tax” mean?
a. Salary loan c. Tax deducted by the employer
b. Employer’s benefit d. Employee incentive

16. 1Which of the following deductions is used for health coverage?

a. PhilHealth c. Pag-IBIG
b. SSS d. Insurance premium
17. What is the purpose of SSS contribution?
a. Housing loan c. Retirement and sickness benefits
b. Medical assistance d. Emergency loan
18- 21. Solve the problem and provide your answer.
B. Caridad is a Product Manager receiving an annual salary of P118, 000.00. She receives
1
commission on her own sales of 1% and an override of of 1% on her men's sales. She sold P128,
2
560.00 for the past month. Her men all receive a basic pay of P7, 860.00 a month and a commission
1
of 2% on their respective sales plus bonus of % on all sales exceeding P200 000.00. Her men's
2
sales are: F. [Link], P125, 230.00; A. Tante, P96, 975.00; M. Umali, P239, 100.00; and E.
Inocencio, P108, 675.00. The company deducts SSS contributions of 3.63% and PhilHealth
Contributions of P100.00 and 1% for Withholding Tax.
a. Gross earnings of B. Caridad

b. Net Pay of B. Caridad

22. A type of source data that are immediate, firsthand accounts of a topic, from people who gathered
the data themselves like newspaper accounts of someone who was present during the event.
a. Business Data c. Secondary Sources
b. Primary sources d. Frequency Distribution
23. It shows either the actual number of observatins falling in each range or percentage of
observation.
a. Business Data c. Tally
b. Primary Sources d. Frequency Distribution
24. Examine the following sales data from two branches of a clothing store:
Branch A: ₱40,000, ₱45,000, ₱42,000, ₱38,000
Branch B: ₱50,000, ₱48,000, ₱55,000, ₱60,000
Analyze which branch shows greater consistency in sales by comparing their ranges or standard
deviations.

25. A company collected sales data for the last six months. Apply the formula for the mean to find the
average monthly sales if the data are ₱25,000, ₱30,000, ₱28,000, ₱35,000, ₱32,000, and ₱40,000.

26-30. Prepare a relative frequency distribution table to show the items customer frequenlty buy:
ITEMS Numbers of Customers Who buy in a Day
Bread 15
Rice 20
Milk 8
Sugar 10
Coffee 12
(Use the back page of your test paper)
a. After preparing the relative frequency distribution table, evaluate which grocery item is the most
essential for customers based on their buying frequency. Justify your answer using the data.

b. Assess whether the customers’ buying behavior indicates a preference for basic needs or luxury
items. Support your evaluation using the relative frequencies from your table.

31. It is a circular chart that used to compare parts of the whole. It is divided into sections
representing certain quantities.
a. Line graph c. Pie chart
b. Bar graph d. Pictogragh
32-34.
The pie chart of a class survey shows how students travel to school:

Question:
What can you infer about the students’ access to transportation, and
what factor might explain why the majority use tricycles?

35-39. The table below shows the number of books read by students in a reading program over four
months.
Month Number of Books Read
January 25
February 40
March 55
April 35
a. Examine the data in the table. In which month did the reading performance peak, and what trend
can you observe across the four months?(2 pts.)

b. Using the data, construct a bar graph or line graph to represent the information. Label all parts of
your graph properly (title, axes, scale, and labels). (3 pts.)

40. This is a summary measure that attemps to describe a whole set of data with a single value that
represents the middle center of its distribution?
a. Mean c. Mode
b. Median d. Measure of Central Tendency
41. What do we call the middle value or midpoint in a distribution when the values are arranged in
ascending or descending order?
a. Mean c. Mode
b. Median d. Range
42. A student scored 85, 90, 88, and 92 on four quizzes. What score must the student get on the fifth
quiz to have an average (mean) of 89?
a. 85 c. 90
b. 87 d. 91
43. The test scores of 10 students are: 50, 55, 60, 60, 65, 70, 70, 75, 80, 85. Which measure of
central tendency best represents the typical performance of the group?
a. Mean, because all scores are close together
b. Median, because there are equal values on both sides
 c. Mode, because it occurs more frequently
d. Mean, because there are no outliers
44. The mean of five numbers is 18. When one number is removed, the mean of the remaining four
numbers becomes 15. What is the number that was removed?
a. 21 c. 30
b. 27 d. 33
45-46. Examine the following data: 45, 50, 55, 100, 105. Which measure of central tendency (mean,
median, or mode) best represents the typical value? Justify your answer.

47-48. A teacher computed the mean score of her students as 85. Some students argued that the
median of 87 better represents their performance. Based on the data, which measure of central
tendency do you think is more appropriate, and why?

49. It measure of how close the scores in the data set are to the middle of the distribution or the
mean?
a. Mean and median c. Two middle values
b. Highest and lowest values d. Variance
50. Smaller standard deviation means:
a. More consistent data c. Greater difference
b. Wider spread d. No variation
51. The daily temperatures (in °C) of a city for five days are 30, 32, 29, 31, and 28.
Which measure of variability would best describe how consistent the temperatures are?
a. Mean c. Median
b. Range d. Mode
52. A set of test scores has a standard deviation of 0.5, while another set has a standard deviation of
[Link] can you conclude about the two sets of data?
a. Both sets have the same variability c. The second set is more spread out
b. The second set is more consistent d. The first set has higher variability
53-57. Two Grade 8 classes took the same 50-item Mathematics test. Both classes obtained the
same mean score of 35. However, Class A had a standard deviation of 2, while Class B had a
standard deviation of 7.
Question:
Which class showed more consistent performance? Evaluate the results and create a brief
recommendation (3–5 sentences) on how the teacher could address the difference in variability
between the two classes.

58. Which test compares two means to see if they differ significantly?
a. t-test c. F-test
b. z-test d. Chi-square
59. If computed t = 2.50 and critical t = 2.10, is there a significant difference?

[Link] groups have means 80 and 85, t = 1.25, critical t = 2.00.