Ignacio Villamor High School

Business Math

I. Direction: Identify the following: (10 pts.)

CREDIT DISCOUNT DENOMINATOR DISCOUNTS FRACTION GCF LCD

NUMERATOR PROPORTION RATIO TRADE DISCOUNT

1. It is the relation between two like numbers or quantities expressed as a quotient. 1. _________________
2. It is the relation of two things in size, number, amount or degree. 2. _________________
3. It is one or more of the equal parts into which a whole number is divided. 3. _________________
4. It is the number above the fractional line indicating the number of parts taken from
the whole. 4. _________________
5. It is the number below the fractional line indicating how many equal parts the whole is
divided. 5. _________________
6. It is the smallest number which is exactly divisible by the denominator of the dissimilar
fractions. 6. _________________
7. It is the highest number which can be used a common divisor of the numerator and
denominator of a given fraction. 7. _________________
8. It is the amount that the sellers deduct from the original price and which are offered to
buyers. 8. _________________
9. It is offered when someone in the same line of business buys goods. 9. _________________
10. It is offered to buyers who pay for the goods that are bought on credit before a certain
period expires. 10. ________________

II. Direction: Match Column A with Column B. Write the letter of your choice at the blank provided. (10 pts.)

COLUMN A COLUMN B

1. 1.25 to 0.25 A. 3 to 1 1. _________

2. 2.5 to 3/5 B. 3 to 8 2. _________
3. 2/5 to 1.5 C. 4:15 3. _________
4. 3/7 to 1 1/7 D. 5:1 4. _________
5. 2 3/5 to 6/5 E. 5 to 6 5. _________
6. 3/5 to 1/5 F. 5 to 7 6. _________
7. 5/9 to 7/9 G. 9 to 7 7. _________
8. 9/5 to 7/5 H. 13:6 8. _________
9. 9/7 to 9/5 I. 25: 6 9. _________
10. 10 to 12 J. 45 to 63 10. ________

III. Direction: Solve the following problems. Show your solution.

1. If you want to sell an item worth P600 at 15% discount, how much will be your selling price?
2. Villamor Academy bought books from Abiva Publishers worth P30,000 but were asked to pay only P25,000.
a. What was the trade discount given to them?
b. Calculate the discount rate they received.
3. A buyer offered a 3% trade discount on good up to P30,000 and 6% trade discount on goods above P30,000. So
if Clara bought goods worth P45,000, how much is her total discount?
4. The list price of an article is P17,000. By selling it at a discount of 15%, the loos is 3%. Find its cost price.
5. Ronnel, sales man in ABC motorcycle shop, can buy a motorcycle at a list price of P64,000 with a 15/10/7
discount.
a. Find the net price by calculating the price after each discount.
b. Use the equivalent single discount rate