Mathematics Test IV Solution - Page 95
11. A lady employee purchased an umbrella for $ 180 less 20%. How much should she pay if its is subject to a 5 % sales tax ?
Total Amount = ($180 - 0.20 x $ 180) x (1.05)
to be paid
= ($180 - 36) (1.05)
= $144 x 1.05
= $ 151.20 * Ans
12. Mr. Mansueto Velasco Jr. is buying a piece of lot at Filinvest Homes East. The dimension of the rectangular lot is 14 meters by 30 meters at $ 3, 500 per square meters, what would be the total cost of the lot ?
Total Cost = area x price per unit area
of the lot
= (14 x 30) sq. meters x $ 3, 500
= 14 x 30 x $3,500
= $ 1, 470, 000 * Ans.
13. How much must a salesman sell in a month to yield him a commission of $ 12, 000, if his rate of commission is 5% on goods sold ?
Sales = Commission / Rate
= $ 12, 000 / 0.05
= $ 240, 000 * Ans.
14. How much would Charlie receive from his monthly salary of $ 8,000 after deducting 2 and 1/2 % for SSS contribution and 5% withholding tax ?
Total Rate of deductions = 2 ½ % + 5 % = 7 ½ %
Net Pay = Regular pay ( 1 - rate of deductions )
= $ 8, 000 ( 1 - 0.075 )
= $ 8, 000 ( 0.925 )
= $ 7, 400 * Ans.
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