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II. TRUE OR FALSE. Write True if the statement is correct; and False if the statement is wrong.
III. MATCHING TYPE. Match the following. Write the letter of the correct answer.
A B
______1. 6 as part of a dozen M. 17/24
______2. 2/4 + ¾ + ¼ = A. 1 1/2
______3. 5/8 + ¼ = T. 3/8
______4. 3 ¼ + 6 5/8 + 1 2/5= H. 15
______5. 5/8 – 3/8 = E. 6/12
______6. 5/6 – 1/8= m. 7/7
______7. 25 x 3/5 = a. 4 1/8
______8. 2 ¾ x 1 ½ = t. 1/4
______9. ¾ ÷ 2 = I. 11 11/40
______10. 40 3/8 ÷ 2 ¼ = C. 7/8
S. 17 17/18
IV. PROBLEM SOLVING. Solve the following and show your solution. ( 5pts each)
1. Eugene and Erlita are partners with capital balances of ₱32,000.00 and ₱48,000.00,
respectively. Their partnership earned a net profit of ₱8,600.00. Find the share of each using
their capital ratio.
2. Zeny’s current salary is ₱3,600.00 a month. Her previous salary was ₱3,200.00. What is the
rate of increase in her salary?
ANSWER KEY
I. IDENTIFICATION
1. Vinculum
2. Profitability ratios
3. Horizontal analysis
4. Similar fraction
5. Taxes
6. Percentage
7. Whole number
8. Liquidity ratio
9. Dissimilar fractions
10. Solvency ratio