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Senior High School Business Mathematics - Grade 11: Solution & Answers

This document contains a business mathematics test for grade 11 students. It has 6 word problems asking students to provide the question being asked, their solution, and final answer in the answer boxes below each problem. The problems cover topics like calculating discounts, gains/losses, interest rates, and loan payments. Students are scored on a scale of 5 to 2 points based on the correctness of their solution and final answer for each problem.

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Aris Jayme Jr.
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1K views2 pages

Senior High School Business Mathematics - Grade 11: Solution & Answers

This document contains a business mathematics test for grade 11 students. It has 6 word problems asking students to provide the question being asked, their solution, and final answer in the answer boxes below each problem. The problems cover topics like calculating discounts, gains/losses, interest rates, and loan payments. Students are scored on a scale of 5 to 2 points based on the correctness of their solution and final answer for each problem.

Uploaded by

Aris Jayme Jr.
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

UNIVERSITY OF THE CORDILLERAS

SENIOR HIGH SCHOOL


School Year 2020 – 2021

BUSINESS MATHEMATICS – Grade 11


PT-1: Word Problems

Name:_____________________________ Grade/Section:_______________ Score: __________________

Instructions: Read and analyze the problems below, then provide what is being asked in each
problem. Write your complete solution and final answer in the answer box after each question. (6
items, 30 points total)
Rubrics:
Correct Solution and Final Answer - 5 pts
Correct Solution but Incorrect Final Answer - 4 pts
Incomplete Correct Solution - 3 pts
Incorrect Solution - 2 pts

1. The cost of manufacturing a radio is ₱1,150. The list price is fixed at 20% above the cost. What
percentage of discount may be allowed so that there may be a gain of 8%?
Solution & Answers

2. The market price of an article is ₱1,200. By selling it at a discount of 20%, it gives a loss of 4%. What
is the cost of the product?
Solution & Answer

3. A distributor offers a 16 2⁄3 % trade discount to a retailer purchasing laptop computers. To improve
his sales, the distributor offers an additional discount of 7 1⁄2%. What is the net price of sale if the list
price is ₱21,150?
Solution & Answer

BUSINESS MATHEMATICS Page 1 of 2


4. Super Friends Corporation’s accounting year ends on December 31 of each year. On December
31, 2019 Super Friends granted a loan to Son Gouku in the amount of ₱250,000 payable in eight
equal annual installments with an interest rate of 8% compounded annually. The first installment will
be received by Super Friends one year after.

How much would Son Gouku pay to Super Friends Corporation each year?
Solution & Answer

How much interest income should Super Friends Corporation report in its Income Statement on
December 31, 2019?
Solution & Answer

What would be the outstanding balance of Son Gouku’s loan as of December 31, 2022?
Solution & Answer

“It does not matter how slowly you go as long as you do not stop”.
Confucius

BUSINESS MATHEMATICS Page 2 of 2

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