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BUYING AND SELLING

Quiz by Crizia Joy Tibayan

Grade 11
Business Mathematics
Philippines Curriculum: SHS Specialized Subjects (MELC)

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7 questions
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  • Q1

      Jin decides to impose a mark-up of Php 5 on each pen he sells to his classmates and friends. This represents a 20% mark-up based on the selling price. Find the selling price of the pens Jin sells.

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    60s
  • Q2

      Jin decides to impose a mark-up of Php 5 on each pen he sells to his classmates and friends. This represents a 20% mark-up based on the selling price. Find the cost of the pens Jin sells.

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    60s
  • Q3

    Before the school year start, Kim plans to buy a bag worth Php 540. The bag originally cost Php 450. How much is the mark-on?

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    60s
  • Q4

    Before the school year start, Kim plans to buy a bag worth Php 540. The bag originally cost Php 450. What is the mark-on rate?

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    45s
  • Q5

    A reseller acquires a tablet for Php 6500. Expenses are planned at 20% of the cost, and profits are set at 15% of the cost. During a special promotion, the tablet is advertised at Php 1500 off. What is the regular selling price of the tablet?

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    60s
  • Q6

    A reseller acquires a tablet for Php 6500. Expenses are planned at 20% of the cost, and profits are set at 15% of the cost. During a special promotion, the tablet is advertised at Php 1500 off. What is the sale price of the tablet?

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    Type an Answer
    60s
  • Q7

    A reseller acquires a tablet for Php 6500. Expenses are planned at 20% of the cost, and profits are set at 15% of the cost. During a special promotion, the tablet is advertised at Php 1500 off. What is the mark-down rate of the tablet?  Round off your answer to the nearest hundredths.

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    Type an Answer
    45s

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