Final Assesment: I. Problem Solving

FINAL ASSESMENT

I. Problem Solving
a.

What is being asked?

What price should the manager sell the sofa?
What are the given facts?
Php 11,000, 55% (mark up)
What is the number sentence?
(11,000 x 0.55)=?
N+11,000=?
What operations are to be performed?
Multiplication and Addition
Solution: (11,000 x 0.55) = 6,050 desired profit
Selling price 11,000 + 6,050 = 17,050
Final Answer: 17,050 price of the sofa

17,050 price of the sofa
b.
What is the mark up rate?
Php 380 and Php 627
627−380
Mark up= x 100 =?
380

Multiplication, Division, and Subtraction
627−380
Solution: = x 100
380
247 13
= x 100 = x 100 = 13x5=65
380 20
Final Answer: 65% is the mark up rate.

65% is the mark up rate.
c.
Can you buy it if you get a 15% discount?
Php 13,200 (budget) and Php 15,000 (computer set)
15,000 x 0.15 =?
15,000 –?
Multiplication and Subtraction
Solution: 15,000 x 0.015 = 2,325
15,000 – 2,325 = 13,175
Final Answer: 13,175 discounted at 15%

13,175 discounted at 15%
d.
How much would you pay if you buy 10 shirts?
Price of shirt Php 249
Discount 10%
249 x 10 =?
N x discount
Multiplication
Solution: 249 x 10 = 2,490
2,490 x 0.10 = 249 discount price
2,490 – 249 = 2,241
Final Answer: PhpPhp

2,241 if I bought
2,241 10 shirts
if I bought 10 shirts
e.
How much interest should he pay?
Php 25,000
Interest Rate 12%
25,000 x 0.12 =?
N x 24 months =?
Multiplication
Solution:
25,000 x 0.12 = 3,000 per month
3,000 x 24 = 72, 000
Final Answer: Php 72, 000 for 2 years

Php 72, 000 for 2 years
f.
How much will she have after 18 months?
Deposit 35,000 18months
Interest 4%
35,000 x 0.04 =?
N x 18 months =?
Multiplication
Solution: 35,000 x 0.04 = 1,400
1,400 x 18 = 25,200
Final Answer:
25,200 after 18months
g.
How much investment should she have after 3.5 years?

Investment 100,000 3.5years
Rate of interest 8.5%
100,000 x 0.085 =?
12 months
3.5 years x =42 months
1 year
Multiplication
Solution:
100,000 x 0.085 = 8,500
8,5 00 x 42=357,0 00
Final Answer:
357,000 investments after 3.5 years
h.
How much will be in the account after 8years?
Php 45,000 (4) quarterly
Interest rate 13%
0.13
(
45,000 1+
4 )
4(8)
=?
Multiplication, Division, and Addition
Solution:
0.13 4(8)
= 45,000 (1+ )
4
413 32
= 45,000 x ( )
400
= 9x41332
31x40030
= 125,225.9815
Final Answer: Php 125,225.9815 there will be after 8years.
i.
Interest earned in both simple and compound interest.
Php 15,000
6years Interest Rate 7%
Compound Interest Simple Interest
15,000 x(1+ 0.07)6−15,000=? 15,000 x 0.07 x 6=?
Multiplication, Division, Addition
Solution:
Compound Interest Simple Interest
= 15,000 x (1+0.07)6-15,000 = 15,000 x 0.07

= 15,000 x 1076 = 1,050
1006 = 1,050 x 6years

=
22510.95528 = 6,300
= 22510.95528
- 15,000
=7,510.95528
Final Answer: Php 7,510.95528 compound interest in 6years.
Php 6,300 simple interest in 6 years.
II. TERMINAL OUTPUT.
Task
If you are planning to apply for a personal loan and borrow PhP 30,000 and repay the
principal and interest for an agreed length of time of 3 years,
A. How much monthly payment is needed for each bank offer?
A 32.5
B 47.25
C 30.5
D 37.5
E 31.25
B. How much interest would you pay for 3 years for each bank offer?
Amount × Interest ÷ 12 months=monthly payment
monthly payment ×38 months
Bank (Personal Loan) Monthly Interest Rate
A 1.3%
B 1.89%
C 1.22%
D 1.5%
E 1.25%
a.
The Principal and Interest for an agreed length of time.

Php 30,000 3 years
Interest Rate 1.3 %
30,000 x 0.013 x 3=?
Multiplication
Solution: 30,000 x 0.013 x 3=390
390 x 3=1,170
Final Answer: 1,170 Simple interest after 3 years
b.
The Principal and Interest of agreed length of time.
Php 30,000 3 years
Interest Rate 1.89%
30,000 x 0.0189 x 3=?
Multiplication
Solution: 30,000 x 0.0189 x 3=567
567 x 3=1,701
Final Answer: 1,701 is the simple interest after 3 years

c.
Php 30,000 3 years
Interest Rate 1.22%
30,000 x 0.0122 x 3=?
Multiplication
Solution: 30,000 x 0.0122 x 3=366
366 x 3=1,098
Final Answer: 1.098 is the simple interest after 3 years
d.
Php 30,000 3 years
Interest Rate 1.5 %

30,000 x 0.015 x 3=?
Multiplication
Solution: 30,000 x 0.015 x 3=450
150 x 3=1,350
e.
Php 30,000 3 years
Interest Rate 1.25 %
30,000 x 0.0125 x 3=?
Multiplication
Solution: 30,000 x 0.0125 x 3=375
375 x 3=1,125
C. Which is the best option for you among the given choices below if you are to pay
monthly for 3 years?
Bank (Personal Loan) C is the best option to pay monthly for 3 years because it has 1.22 %
interest rate and it has Php 30.5 monthly payment. Also it has the lowest interest rate among the
given choices.

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FINAL ASSESMENT

What is being asked?

What price should the manager sell the sofa?

What are the given facts?

Php 11,000, 55% (mark up)

What is the number sentence?

What operations are to be performed?

Multiplication and Addition

Solution: (11,000 x 0.55) = 6,050 desired profit

Selling price 11,000 + 6,050 = 17,050

Final Answer: 17,050 price of the sofa

What is being asked?

What is the mark up rate?

What are the given facts?

Php 380 and Php 627

What is the number sentence?

What operations are to be performed?

Final Answer: 65% is the mark up rate.

What is being asked?

Can you buy it if you get a 15% discount?

What are the given facts?

Php 13,200 (budget) and Php 15,000 (computer set)

What is the number sentence?

What operations are to be performed?

Multiplication and Subtraction

Solution: 15,000 x 0.015 = 2,325

15,000 – 2,325 = 13,175

Final Answer: 13,175 discounted at 15%

How much would you pay if you buy 10 shirts?

What are the given facts?

Price of shirt Php 249

What is the number sentence?

What operations are to be performed?

Solution: 249 x 10 = 2,490

2,490 x 0.10 = 249 discount price

2,490 – 249 = 2,241

Final Answer: PhpPhp

What is being asked?

How much interest should he pay?

What are the given facts?

Interest Rate 12%

What is the number sentence?

What operations are to be performed?

25,000 x 0.12 = 3,000 per month

3,000 x 24 = 72, 000

Final Answer: Php 72, 000 for 2 years

What is being asked?

How much will she have after 18 months?

What are the given facts?

Deposit 35,000 18months

What is the number sentence?

What operations are to be performed?

Solution: 35,000 x 0.04 = 1,400

What is being asked?

How much investment should she have after 3.5 years?

Investment 100,000 3.5years

Rate of interest 8.5%

What is the number sentence?

What operations are to be performed?