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9 questions
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  • Q1

    1. It occurs when the cost and expenses exceed the selling price or sales.

    Loss

    Cost Price

    Operating expenses

    Profit

    30s
  • Q2

    2.The money earned after the cost price (direct cost) and the other operating costs (indirect cost) are accounted for after the sale of a commodity is called__________________.

    Operating expenses

    Profit

    Cost Price

    Loss 

    45s
  • Q3

    3.Aaron gains 30% in selling a bookshelf for Php 4500. What is the cost of bookshelf? (Round-off your answer to whole number)

    Php 3482

    Php 3472 

    Php 3492

    Php 3462 

    120s
  • Q4

    4. What is the loss percent if the retailer sells a pair of rubber shoes for Php 1,460 which was bought for Php 1,825?

    21% 

    23%

    20% 

    25%

    120s
  • Q5

    5.Mr. Santos bought 100 pieces of notebook for Php 2000 and sold each for Php23. Find the loss or profit in selling the notebook.

    Loss – Php300

    Loss – Php 250

    Gain – Php 250 

    Gain – Php 300 

    120s
  • Q6

    6. What is the selling price of an outdated jacket if its cost is Php 550 and loss percentage is 24%

    Php 398 

    Php 418

    Php 408 

    Php 428

    120s
  • Q7

    7. Mr. Tan bought 3 dozens of roses for Php 720 which he now sells for Php24 each.If 7 of the roses wither, did he gain or loss in selling rose? By how much?

    Gain Php 42

    Gain Php 24

    Loss Php 24

    Loss Php 42

    120s
  • Q8

    8. Arman sold a chess board to Noel with a markup rate of 12%, Noel then sold it to Victor and incurred a loss of 10%. If Victor paid the chess board for 1200,how much is the cost of the chess board?

    Php 1190.47

    Php 1200.47

    Php 1210.47

    Php 1180.47 

    120s
  • Q9

    9. Ivy sold two cellphones for Php 13500 each. She gains 10% on the first cellphone but losses 10% on the other. Find the cost of the two cellphones.

    Php 12,172.73,    Php 15,000

    Php 11,972.73,   Php 14,850 

    Php 12,072.73,    Php 14,850 

    Php 12,272.73,    Php 15,000

    300s

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