MALINAO ILAYA INTEGRATED NATIONAL HIGH SCHOOL
KM. 163 MAHARLIKA HIGHWAY, BRGY. MALINAO ILAYA
ATIMONAN II DISTRICT
SECOND QUARTER EXAMINATIONS
SY 2024-2025
GENERAL MATHEMATICS-11
Direction: Shade the circle which corresponds to the letter of your answer in the answer sheet.
1. You deposit ₱1,000 in a bank account that offers simple interest at 5% per year. Which of the following is best way
calculate simple interest?
a. Use the compound interest formula.
c. Multiply the principal, rate, and time.
b. Multiply the interest rate by the total amount after a year.
d. Add the principal and interest rate directly.
2. Marc John invest ₱1,000 for 3 years at 5% annual simple interest and another ₱1,000 at 5% annual compound interest.
Which investment earns more after 3 years?
a. Both earn the same because the rate is the same.
b. Simple interest earns more because it uses a fixed rate.
c. Compound interest earns more because it compounds at a higher rate.
d. Compound interest earns more because it adds interest to the principal yearly.
3. John Rafael invest ₱2,000 in a savings account for 3 years at 5% annual simple interest. How much interest will John
Rafael earn?
a. ₱50
b. ₱100
c. ₱200
d. ₱ 300
4. Jane borrows money from a bank and she asks for the formula used to calculate simple interest. Which of the following
formula can be used to solve for the simple interest?
a. Principal × Rate × Time
b. Principal + Rate + Time
c.
𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑎𝑙𝑥𝑅𝑎𝑡𝑒
𝑇𝑖𝑚𝑒
d.
𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑎𝑙
𝑅𝑎𝑡𝑒𝑥𝑇𝑖𝑚𝑒
5. Bayanihan bank offers compound interest that is applied yearly. What makes compound interest different from simple
interest?
a. Both are calculated the same way but differ in time.
b. Simple interest grows faster than compound interest.
c. Compound interest is calculated using only the initial deposit.
d. Compound interest adds interest to the principal each period, while simple interest is based only on the principal.
6. You invest ₱2,000 in an account that offers 5% compound interest annually for 2 years. How much is the total amount
after 2 years?
a. ₱2,050
b. ₱2,100
c. ₱2,200
d. ₱2,050
7. Onica asks how compound interest differs from simple interest. Which of the following is best describe to the main
difference between simple and compound?
a. Both are calculated using the same formula.
b. Compound interest applies only to short-term loans.
c. Simple interest is always higher than compound interest.
d. Simple interest is calculated only on the principal amount, while compound interest includes interest on previously
earned interest.
8. You deposit ₱ 2,000 into a compound interest account with a rate of 5% per year, compounded annually, for 3 years.
How much is your the total amount after 3 years?
a. ₱ 2,315.25
b. ₱2,300
c. ₱ 2100
d. ₱2000
9. Jake invest ₱1,000 at a simple interest rate of 6% per year for 4 years. How much is the total interest will Jake earn?
a. ₱240.00
b. ₱1240.00
c. ₱1200.00
d. ₱200.00
10. If the investment amounting to ₱35,000 earned an interest of ₱2,500 how much will be the maturity value?
a. ₱37,000.05
b. ₱3,700.00
c. ₱37,000.05
d. ₱37,000.50
11. In a simple annuity, when are payments usually made?
a. At irregular intervals
b. At fixed intervals
c. At the end of the investment period
d. At varying interest rates
12. Payments are made at the end of each month for a loan that charges 1.05% interest compounded quarterly, which type
of annuity is represented?
a. Ordinary annuity
b. General annuity
c. Annuity due
d. Simple annuity
13. In order to save for her high school graduation. Krisfel decided to save ₱200 at the end of each month. If the bank
pays 0.25% compounded monthly, how much will her be at the end of 6 years?
a. ₱14,507.02
b. ₱14,507.01
c. ₱14,507.00
d. ₱14,500.07
14. Mr. Solis paid ₱200,000.00 as down payment for a care. The remaining amount is to be settled by paying ₱16,200.00
at the end of each month for 5 years. If interest is 10.5% compounded monthly, what us the cash price of his car?
a. ₱200,000.00
b. ₱753,702.20
c. 953,702.00
d. ₱953,702.20
15. Mr. Rumil would like to save ₱500,000.00 for his son’s college education. How much should he deposit in a savings
account every 6 months for 12 years if interest is 1% compounded semi-annually?
a. ₱19,660.31
b. ₱19,660.30
c. ₱19,660.25
d. ₱19,660.20
16. If your interest conversion or compounding period is equal or the same with the payment interval, what type of
annuity is illustrated?
a. Ordinary annuity
b. General annuity
c. Annuity due
d. Simple annuity
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Address: Brgy. Malinao Ilaya Atimonan, Quezon
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MALINAO ILAYA INTEGRATED NATIONAL HIGH SCHOOL
KM. 163 MAHARLIKA HIGHWAY, BRGY. MALINAO ILAYA
ATIMONAN II DISTRICT
SECOND QUARTER EXAMINATIONS
SY 2024-2025
17. Company A issued bonds to raise funds so that it could buy equipment. Those bonds were purchased by the Bank D.
However, now the Bank D has decided that it doesn’t want to have any assets in the form of bonds, so it is selling off all
the bonds that it owns. Which of the following is most likely to be the result of this action?
a. Bond prices will increase.
c. The default risk of the bonds will increase.
b. The face value of the bonds will decrease.
d. Interest rates will increase.
18. A certain financial institution declared a ₱ 30,000,000.00 dividend for the common stocks. If there are a total of
700,000.00 shares of common stocks, how much is the dividend per share?
a. ₱42.86
b. ₱52.86
c. ₱62.86
d. ₱72.86
19. Rashed has a computer shop. He owns 10 computers. He decided to borrow some money from the bank to buy 10
more computers. What do you call the money borrowed that may be used for a business purpose?
a. Business loan
b. Collateral
c. Consumer loan
d. Mortgage
20. Marianne decided to take her family for a vacation. To cover the expenses, she decided to apply for a loan. What do
you call the loan that intends to spend for personal, family or household purposes?
a. Business loan
b. Collateral
c. Consumer loan
d. Mortgage
21. Leidden want to take out a loan to start her small business. She decided to borrow a money from the Bank of the East.
Which of the following statement is the correct meaning of business loan?
a. A loan taken for personal expenses.
c. A loan specifically for buying consumer goods.
b. A loan provided without repayment terms.
d. A loan used to fund business operations or growth.
22. Angel wants to apply a consumer loan to a bank with a 6% annual interest rate for 2 years to buy furniture worth
₱5,000. How much interest will Angel pay in total if the loan uses simple interest?
a. ₱600
b. ₱700
c. ₱500
d. ₱400
23. You are deciding between a business loan with a lower interest rate but stricter repayment terms and a consumer loan
with a higher interest rate but flexible repayment terms. What factors should you consider?
a. Choose the business loan because it has a lower interest rate.
b. Focus only on the repayment flexibility of the consumer loan.
c. Pick any loan without considering your specific financial situation.
d. Compare the interest rates and repayment flexibility for your needs.
24. Crissa’s small business needs additional funding. She is deciding to borrow a money to a bank between a business
loan and using a personal consumer loan. If you are Crissa what do you think is best option and why?
a. A business loan, because it has no repayment terms.
b. A consumer loan, because it requires no long-term planning.
c. A consumer loan, because it is easier to apply for, regardless of your business needs.
d. A business loan, because it is tailored for business expenses and offers higher funding limits.
25. Given the simple propositions a: A person prioritizes own spiritual growth and b: One satisfies own desires. what
compound proposition can be made?
a. One does not satisfy own desires.
b. A person does not prioritize own spiritual growth.
c. A person prioritizes own spiritual growth or one satisfies own desires.
d. If a person prioritizes own spiritual growth, then one satisfies own desires.
26. What logical connector best fits in merging the simple propositions c: Money is a root of all evil and d: Spending for
the needy is wise?
a. or
b. not
c. and
d. if then
27. Given the simple propositions a: You are what you eat and b: Your food can describe your health, what compound
proposition can be made?
a. You are not what you eat.
c. You are what you eat but your food can describe your health.
b. Your food cannot describe your health.
d. If you are what you eat, then your food can describe your health.
28. You are reviewing an argument that includes several statements. How can you determine if the statements are valid
propositions?
a. Ignore whether they can be true or false.
c. Check if they are declarative and have a truth value.
b. Focus only on the grammar of the sentences.
d. Consider only their relevance to the argument.
29. Your math teacher asks about the components of a proposition. Your math teacher asks about the components of a
proposition. What do you think is the essential feature of a proposition?
a. It always describes an opinion.
c. It must be either true or false.
b. It is always a command or request.
d. It cannot express a condition or relationship.
30. A statement says, "If it rains, the ground will be wet." What type of proposition is referring to?
a. Conditional proposition.
b. Categorical proposition.
c. Imperative statement.
d. Question.
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Go G11 Fighting!!!
#MalinaoWINS: Willful to Innovate and Nurture Stakeholders
Address: Brgy. Malinao Ilaya Atimonan, Quezon
Trunkline #: (042) 785-7871, +639183264696, +639173264667
DepEd Tayo Malinao Ilaya Integrated NHS- Quezon
301356@deped.gov.ph