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Business Math Exam: Commission, Earnings, Data

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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
BUSINESS MATHEMATICS-11
Direction: Shade the circle which corresponds to the letter of your answer in the answer sheet.
1. You are a sales representative and earn a commission on each product sold. Which of the following is the best
definition of commission?
a. A fixed monthly salary.
c. A percentage of company profits.
b. A bonus for completing a project.
d. A payment based on the sales you make.
2. Your manager introduces a tiered commission system for the sales team. How does a tiered commission system work?
a. You get bonuses only when a team target is met.
b. You receive the same payment regardless of performance.
c. You earn higher commission rates as you achieve more sales.
d. You receive a fixed percentage no matter how much you sell.
3. Christopher receives 20% commission on the appliances he sells. If he sells a TV for ₱7,000, a refrigerator for ₱12,000,
and a heater for ₱1500, how much does Mark make in commission? What type of commission is referring to?
a. Tiered commission without clear levels of performance.
b. A base salary that increases yearly without sales targets.
c. Monthly bonuses given without considering sales performance.
d. Straight commission where earnings depend only on sales made.
4. Your manager asks for feedback on the current commission system to improve sales motivation. What is the best way
to evaluate its effectiveness?
a. Assume the system works and avoid any evaluation.
b. Monitor only for sales trends but ignore team engagement.
c. Focus only on sales figures without considering employee feedback.
d. Compare sales performance and employee satisfaction under the system.
5. Kaye Anne sell a product for ₱ 1,000 with a 10% cash commission. How much Kaye Anne commission will earn?
a. ₱120
b. ₱110
c. ₱100
d. ₱90
6. A client pays ₱500 upfront and ₱1,000 in installments for a product. Your commission is 5% on cash and 3% on
installments. What total commission will you earn?
a. ₱40
b. ₱45
c. ₱50
d. ₱55
7. Eli wants to know the difference between commission and interest. What do you think is the key difference between the
two?
a. Both are payments for services provided.
b. Interest is always higher than commission.
d. Commission is calculated on loans, while interest is earned on sales.
d. Commission is payment for sales, while interest is a cost of borrowing money.
8. You are reviewing two sales: one generates a 10% commission on ₱1,500, and the other earns 5% on ₱2,000. Which
sale earns you more commission?
a. Neither sale earns a commission.
c. The 10% commission on ₱1,500.
b. Both sales earn the same commission.
d. The 5% commission on ₱2,000
9. Apple sold a product for ₱2,000. Apple’s commission rate is 8%. How much commission will Apple earn?
a. ₱160
b. ₱150
c. ₱140
d. ₱130
10. If you were to differentiate cash to installment commissions, which is the best explanation would you give?
a. Both are always paid immediately.
b. Installment commission applies only to late payments.
c. Cash commission is higher than installment commission in all cases.
d. Cash commission is paid immediately, while installment commission is earned over time.
11. Your HR manager asks you to define “benefits” during orientation. Which of the following is a best definition of
benefits?
a. Extra hours worked for additional pay.
c. The fixed salary in your contract.
b. Total yearly earnings including overtime.
d. Paid vacation time provided by your employer.
12. Mary is your boss, she explains that your total earnings include wages, income, and benefits. Which of this best
reflects total earnings?
a. Income from bonuses but not wages.
c. Only the base amount paid by the employer.
b. Salary only, without additional benefits.
d. Wages for work done, salary, & benefits like health insurance.
13. Anelyn earn ₱3,000 per month as her gross salary, and ₱500 is deducted for taxes and benefits. How much is her net
salary?
a. ₱1000
b. ₱2000
c. ₱1500
d. ₱2500
14. A coworker asks you to explain the difference between gross and net earnings. How would you explain the difference?
a. Net earnings are always higher than gross earnings.
#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
MALINAO ILAYA INTEGRATED NATIONAL HIGH SCHOOL
KM. 163 MAHARLIKA HIGHWAY, BRGY. MALINAO ILAYA
ATIMONAN II DISTRICT
SECOND QUARTER EXAMINATIONS
SY 2024-2025
b. Both gross and net earnings are the same if no taxes are paid.
c. Gross earnings are after deductions, while net earnings are before.
d. Gross earnings are your total income before deductions, and net earnings are your take-home pay.
15. During a group discussion, your manager asks what gross earnings include. Which of the following is included in
gross earnings?
a. Only the take-home pay after taxes.
c. Salary after benefits is deducted.
b. Yearly income excluding bonuses.
d. Total salary before taxes and deductions.
16. Your employer offers two job options: one with ₱3,500 gross earnings and ₱700 deductions, and another with ₱3,200
gross earnings and ₱200 deductions. Which job provides higher net earnings?
a. The ₱3,500 gross earnings job.
c. Neither job provides net earnings.
b. Both jobs offer the same net earnings.
d. The ₱3,200 gross earnings job.
17. The supervisor asks you what the standard overtime rate is for most companies. What do you think is the usual
overtime rate?
a. The same as the regular hourly rate.
c. Half of the regular hourly rate.
b. 1.5 times the regular hourly rate.
d. Twice the regular hourly rate.
18. Your manager asks you to compute your overtime pay for the week. What variables do you need to calculate overtime
pay?
a. The overtime rate only.
c. Regular hourly rate, total overtime hours, and overtime rate.
b. Total earnings without knowing hourly rates.
d. Number of regular hours worked and total days in the week.
19. Your hourly rate is ₱15, and you worked 5 overtime hours at 1.5x your regular rate. How much is your overtime pay?
a. ₱ 112.50
b. ₱112.75
c. ₱112.25
d. ₱112.00
20. You worked 50 hours this week. Your regular hourly rate is ₱12, and overtime pay is 1.5 times your regular hourly
rate. Overtime applies for hours beyond 40 per week. How many hours are considered overtime if you worked 50 hours
this week?
a. 2 hours
b. 5 hours
c. 10 hours
d. 20 hours
21. In presenting a report, company uses textual descriptions, tables, and graphs to present data about the monthly sales
performance of your company. Why might a graph be more effective than a table for presenting reports?
a. It includes all the details in one place.
c. It provides a visual representation of patterns.
b. It uses colorful designs.
d. It shows numerical data clearly.
22. In comparing monthly sales across three regions, which form of data presentation would you use and why?
a. Text, to describe the performance
c. A table, to explain detailed sales numbers
b. A graph, to show sales patterns easily
d. Any of the forms, as all serve the same purpose
23. You are tasked with creating a table to summarize student grades in different subjects. To ensure your table is clear
and effective, you need to understand its essential parts. Which is an essential part of a table?
a. Paragraph
b. Title
c. Body
d. Image
24. In presenting complex data to a large audience, which method is most effective to use and why?
a. Text, because it includes all details.
c. Tables, because they summarize data well.
b. Graphs, because they simplify trends visually
d. Text combined with tables for better understanding.
25. To effectively use the Excel, you need to understand its key parts. What is the purpose of the formula bar in Excel?
a. To create charts
c. To display and edit the active cell's contents
b. To change the font size of cells
d. To add rows and columns
26. To create a chart from a data set, which part of Excel would you use?
a. Ribbon
b. Cell
c. Title Bar
d. Column
27. You need to choose the best type of graph to present different sets of data. Which graph is best for showing parts of a
whole?
a. Histogram
b. Bar Graph
c. Scatter Plot
d. Pie Graph
28. You have monthly sales data for a year. Which graph will you use to show trends over time?
a. Histogram
b. Bar Graph
c. Scatter Plot
d. Pie Graph
29. You’re helping your friend summarize a survey about preferred pizza flavors. What’s the best way to visually
compare the percentages of different flavors?
a. A pie chart with each flavor as a slice.
c. A paragraph explaining the results in detail.
b. A line graph with time as the x-axis.
d. A bar graph showing the number of survey responses.
30. The data shows sales increased by 10% each year over five years. Which graph would best show this trend?
a. A column graph for one year of sales data.
c. A pie chart showing yearly percentage increases.
b. A line graph with annual sales data.
d. A bar graph comparing sales from another company.
“Every morning you have two choices: continue to sleep with your dreams, or wake up and chase them.”-Unknown Go live your dream! #Go!ABM! 😊
#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
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