FINAL EXAMINATION IN BUSINESS MATHEMATICS
GRADE 12 S.Y. 2024-2025
Name: _________________________________ Score: __________
Year and Section: ______________ Date: ___________
Direction: Shade the circle that corresponds to the letter of the best answer. Use Black ball pen. Erasure is
prohibited.
1. What is the compensation received by an employee or agent for performing a business transaction or
service in sales?
a. Straight b. Graduated c. Salary-plus d. Commission
2. When a person gets paid a salary and a percentage of his/her sales, it illustrates a ______________
commission.
a. Straight b. Graduated c. Salary-plus d. Commission
3. This type of commission is given by some companies to encourage their agents to sell more goods. It
may be increased if the agents’ level of sales also increases.
a. Straight b. Graduated c. Salary-plus d. Commission
4. Straight Commission is given when a sales agent is paid a percentage of sales only. Suppose an agent
has 10% commission on her sales, how much is the commission from a P1,000 item?
a. P10 b. P100 c. P1,000 d. P10,000
5. Fe works on a “commission only’ basis and receives 3% on her monthly sales without a base salary.
What is her commission and total pay during a month when she sells P120, 000 worth of appliance.
How much is her total commission?
a. P3,600 b. P5,600 c. P10,600 d. P36,000
6. Mary has a monthly commission plan where she receives 2.5% on the first P100, 000 of sales during
the month and 3.5% on sales above P100, 000. If her total sales during the month is P150, 000.
How much is her total commission?
a. P2,500 b. P1,750 c. P4,250 d. P5,250
7. Julie Ann is a sales agent for kitchen appliances. Her basic monthly salary is P12, 000. As an agent,
she is expected to sell P400, 000 worth of appliance every month. Whenever she exceeds the quota,
she gets a 1% on the month’s total sale. How much is her total monthly income if she sells P520,000
for the month of December?
a. P5,200 b. P6,800 c. P12,000 d. P17,200
8. What is a fixed regular payment, typically paid a daily or weekly basis, made by an employer to an
employee?
a. Salary b. Wage c. Income d. Benefit
9. What is a fixed regular payment, typically paid a monthly or biweekly basis but often expressed as an
annual sum, made by an employer to an employee?
a. Salary b. Wage c. Income d. Benefit
10. The following particulars belongs to deductions except _________
a. Tax b. allowances c. tardiness d. Philhealth
11. Gross and net earnings must be equal when_________.
a. Net earnings are greater than deduction.
b. There is no deduction.
c. Deduction is twice as the net earnings.
d. Gross and deduction are equal.
12. Jonathan has gross earnings amounting to P20, 524.17. If he has a total deduction of P3, 826.21, how
much is his net earnings?
a. P16, 697.96 c. P24, 350.38
b. P24, 697.96 d. P16, 350.38
13. How much is the net earnings if the monthly salary of an employee is P15,000 and has a commission
of 5% of his sales amounting to P100,000, while his total deduction is P2,500?
a. P17,500 c. P12,500
b. P15,500 d. P12,750
14. Which of the following best describes Maternity benefit?
a. If the employee’s salary is at the minimum set by the Department of Labor and Employment
(DOLE) for each particular region in the country, then employee is entitled of the exemption.
b. It can only be availed by female or male employee when the female employee will deliver a child.
c. It is collected annually/quarterly/monthly as contributions from its members to ensure they will
receive their benefits.
d. It is given to those employees that works anytime between 10pm – 6am.
15. This benefit is like a savings account. The employee pays a monthly fee which will be received after
the employee’s service.
a. Paternity b. Maternity c. Sick leave d. Retirement
16. Which of the following is a taxable benefit?
a. Monetized unused vacation leave credits of private employees not exceeding 10 days during a
year.
b. Medical cash allowance to dependents of employees, not exceeding P750 per employee per
semester or P125 per month
c. Rice subsidy of P1, 500 or one (1) sack of 50 kg rice.
d. Uniform and clothing allowance amounting to P15, 000 per year.
17. Which of the following is not true about taxable and non-taxable benefits?
a. Tax exemption benefit to minimum wage earner are only limited to the basic salary, excluding
allowances.
b. All wage earner can avail all benefits of any wage earner.
c. Retirement benefit can only be availed if the age of an employee is more than or equal to 65 years
old.
d. All benefits of government officials and employees are nontaxable.
18. The following are standard deductions for the minimum wage earner except __________.
a. Philhealth c. GSIS/SSS Premium
b. Pag-ibig d. Insurances
19. How much will be the total deduction in your monthly salary if you have a monthly salary of P20,000
assuming that there where 30 working days in a month and you have 2 days absent?
a. P666.67 c. P2,000
b. P1,333.33 d. P2,666.67
20. It is the amount of time a person works beyond regular working hours.
a. Night Shift b. Overtime c. Holiday d. Hazard
21. Which of the following variables is not necessary in the computation of overtime pay?
a. Hourly rate c. Overtime Hours
b. Nature of working days d. Breaktime
22. What must be true when you are working on a regular holiday?
a. You must have an additional 25% of your regular daily rate.
b. Your daily income will be doubled.
c. You must get an overtime pay.
d. You must have a night shift differential and hazard pay.
23. Miguel works for 10 hours and earns P816.00 on a regular day. How much is his overtime pay
excluding his daily rate?
Use OTP = (1.25)(OTH)(DR/8)
a. P255.00 b. P204 c. P1,071 P1,020
24. Miguel works for 10 hours and earns P816.00 on a regular day. How much is his total income for that
day?
a. P255.00 b. P204 c. P1,071 P1,020
25. If Miss Abegail wants to earn twice of her daily income, how many hours should she be working?
(Considering no night shift differential, only overtime pay)
a. 11.4 hours b. 12.4 hours c. 13.4 hours d. 14.4 hours
26. What is the software that allows users to organize data in rows and column and performs calculation
on the data?
a. Adobe c. E- Spreadsheet
b. Facebook d. Photoshop
27. All formulas in the formula box in Microsoft Excel/Spreadsheet must begin with _________.
a. Punctuation mark c. Open Parenthesis
b. Equal sign d. text box
Consider the illustration below,
28. What must be the formula to be encode in the formula bar to compute the overtime pay?
a. =C17*G9*1.25 c. C17*G9*1.25
b. (C17)*(G9)*(1.25) d. =C17 / G9 + 1.25
For number 29 – 31, consider the pay slip below.
29. What will be the gross earnings of the employee?
a. P38,586.03 b. P15,510.69 c. P7,564.64 d. P31,021.39
30. What will be the monthly net income of the employee?
a. P38,586.03 b. P15,510.69 c. P7,564.64 d. P31,021.39
31. What will be the total deductions of the employee?
a. P38,586.03 b. P15,510.69 c. P7,564.64 d. P31,021.39
32. Business data can be presented in different forms except through ______.
a. Paragraph c. rows and columns
b. Pictures d. Infographics
33. Which data presentation presents data through sentences, phrases and paragraphs?
a. Tabular b. Textual c. Graphical d. Oral
34. Range, Variance, Standard Deviation and Coefficient of Variation are examples of the measures of
________________.
a. Central Tendency c. Dispersion
b. Variability d. Position
35. Mean, Median and Mode are examples of the measures of _________________.
a. Central Tendency c. Dispersion
b. Variability d. Position
For number 36 – 39, consider the illustration below.
Income of Analyn’s Ihaw -ihaw for the Month of December
Week Income in pesos
1 P650
2 P700
3 P450
4 P800
36. What form of data presentation is used above?
a. Tabular b. Textual c. Graphical d. Oral
37. In what week did Analyn’s Ihaw-ihaw has the highest income?
a. Week 1 b. Week 2 c. Week 3 d. Week 4
38. What is the average/mean income in pesos of Analyn’s Ihaw-ihaw for the month of December?
a. P450 b. P650 c. P700 d. P800
39. What do we call the main part of the table which contains the numerical information?
a. Title b. Captions c. Table number d. Body
40. What essential part of a graph will be helpful if you will have an explanation of your graph.
a. Title b. Scale c. Description d. Labels
41. Which graph is the most appropriate in the representation of sector to show how much of the whole
each part makes up?
a. Line b. Bar c. Pie d. Pictograph
42. Which graph uses rectangles erected on the horizontal axis to summarize a set of quantitative data.
a. Column b. Bar c. Histogram d. Line
43. Microsoft word is an essential software in drawing a graph to be used in data presentation. In which
tab should we locate the tables, shapes and chart?
a. Home b. Lay out c. File d. Insert
44. In which icon in MS Word should we click to create a graph?
a. Chart b. Table c. Text box d. Shapes
For number 45 – 47, consider the illustration below.
45. What form of data presentation is used to present the number of visitors in different summer
destinations for the month of March?
a. Tabular b. Textual c. Graphical d. Oral
46. What summer destination has the highest number of visitors during the month of March?
a. Chocolate Hills c. Underground River
b. Boracay island d. Paoay Church
47. What is the average number of visitors in various summer getaways all over the Philippines?
a. 100 b. 200 c. 300 d. 500
48. Which analysis is not true about the figure above?
a. Chocolate Hills has the lowest number of visitors?
b. Underground river and Paoay Church have the same number of visitors.
c. Visitors are more likely to visit Boracay in summer.
d. It is more fun in the Philippines.
49. Which Microsoft software is/are commonly used in presenting business data?
a. Excel b. Word c. PowerPoint d. both a and b
50. Arrange the steps on how to create a basic chart/graph in presenting business data using MS Excel.
I. Highlight the data to be charted.
II. Click in the Insert Tab.
III. Click on a Chart Type in the Charts group.
IV. Click on a Chart Style.
a. I, II, III, IV c. II, I, IV, III
b. IV, III, II, I d. III, I, II, IV
Prepared by:
JOHN DENVER R. DE LA CRUZ
Teacher I
