GENERAL MATHEMATICS

SECOND QUARTER EXAMINATION, FIRST SEMESTER

S.Y. 2018 – 2019

Name: ____________________________________ Year & Section: __________________ Date: ____________

Teacher`: ___________________________________ Score: __________________________

Test I. MULTIPLE CHOICE.

Instruction: Choose and write the letter of the correct answer on the space provided before each
number.
Note: Show your solutions at the back. 2 points each item.

1. Teresa borrowed P120, 000.00 from her uncle. If Teresa agreed to pay an 8% annual interest
rate, how much would she needs to pay as the loan interest with a loan period of 9 months?
a. P 7240 b. P 9600 c. P 14400 d. P 7200
2. 25% of 108 is?
a. 26.5 b. 27 c. 37.2 d. 33
3. How many decimal places you need to move in order to percent to decimal?
a. 2 places to the right c. 2 places to the left
b. 2 places both left and right d. 1 place to the left and 1 place to the right
4. What value is calculated by adding the interest to the principal amount?
a. Maturity Value b. Present Value
b. Interest Value d. Simple Value
5. In the statement “25% of 120 is 30,” 25% is the rate, 120 is the base, what is 30 then?
a. Part b. Portion c. Partial d. Whole
6. A loan institution charges 12% simple interest for a 3-year, P60, 000.00 loan. How much would
be the interest for 3 years?
a. P 21,560.00 b. P21, 600.00 c. P 21, 660.00 d. P 12, 600.00
7. P 50, 000 borrowed at 9% interest rate for 2 years. What would be the maturity value?
a. P 90,000 b. P 80, 600 c. P 90, 500 d. P 80, 500
8. What is the other term for Face Value?
a. Maturity Value b. Present Value d. Double Value d. Value Meal
9. What is the present value of P 86,000 at 8% simple interest for 3 years?
a. P 69, 354.84 b. P 68, 345.45 c. P 69, 350.75 d. P 68, 356.25
10. When the number in the percent is a whole number, the decimal point is understood to be
stated at the __________?
a. Left of the first digit c. Right of the first digit
b. Left of the last digit d. Right of the last digit

Test II. Modified True or False

Instruction: Write TRUE if the statement is true, write FALSE if the statement is wrong and supply an answer that
will make the statement correct.
Note: Answer directly.

Second Quarter Examination

One Comval, One Vision!
 11. A percent is the ratio of a number to 0.100?
12. Orly invested P100, 000.00 to an account that pays simple interest of 3% annually. Therefore, the interest
earned after 2 years is P 3,000. 00.
13. 50 days from March 11, 2014 is May 11, 2014.
14. 200 days from April 20, 2015 is November 8, 2015.
15. 10.5 % of 100 is 105.

III. PROBLEM SOLVING

Instruction: Solve the given problems below and find the required amount.
Note: Provide the formula and the solutions. 2 points each item.

16. Irene invested P 25, 000.00 at 16% simple interest for 6 years. How much interest will be earned and how
much is the future value of the investment at the end of 6 years?

17. Jun is investing an amount at 15% simple interest for 3 years. If he intends to have P 48, 200.00 at the end
of the term, what must be his principal?

18. If Tina wants to earn 10% annual simple interest on an investment, how much should she invest to have
P 30, 000.00 in 9 months?

19. Ana borrows P 20,000.00 from her uncle and agrees to pay him P 22, 000.00 in 15 months. What interest
rate was she paying?

20. Toni decides to pay off a 12% interest P 25, 000.00 loan ahead of time. The lending institution tells her
that she owes P 986. 31 interest. If the lending institution uses a 365-day year, for how many days are you
being charged interest?

“Psalm 32:8 I will instruct you and teach you in the way which you shall go: I will guide you with my eye.”

Students! Have a nice day to all of you. Hopefully you answered the questions with your own efforts. Don’t be
deceived by the offers of evil. Don’t forget that God is the greatest teacher. Ma’am Joy Ampol 

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Second Quarter Examination
One Comval, One Vision!
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