St.

Augustine Institute of Pampanga

San Augustine, San Simon, Pampanga
Tel. # 435-35-23

Midterm Exam in Business Mathematics

Name: Score: .
Parent’s signature: Date: .
A. Fill in the blanks.

When a whole quantity is divided into parts, these parts are called (1.) .

When then (2) of a fraction is greater than its (3) , the fraction is said
to be proper.

When the numerator of a fraction is equal to its denominator, the fraction is said to be (4) .

Improper fractions can be transformed to a(5) .

B. (a) Express the following fractions in lowest terms.

8 56
6. 24 7. 100
(b) Find the sum.
6 2 2 1
8. +9 9. 3 3 + 1 6
9

(c) Find the difference.

6 2 6
10. 9 − 9 11. 10 − 4 7

(d) Find the product.

3 5 4
12. 10 × 6 13. 7 × 5

(e) Find the quotient.

7 3 4
14. 8 ÷ 4 15. 9 ÷ 3

(f) Convert fraction to decimal.

25 3
16. 100 17. 2 4
 (g) Write in fraction form.

18. 0.75 19. 2.35

(h) Perform the operations on fractions.

20. 1.053 + 0.412 22. 6.7 × 9.8

21. 5.26 − 3.911 23. 12.8 ÷ 4.7

C. Find the following:

24. What percent of 46 is 21?

25. 7 is what percent of 75?

26. A student answered 90 items on the test correctly and got a grade of 98%. How many items were
there in the test? (round your answer to the nearest whole number)

D. Solve for the variables in the given proportions.

2 𝑎 45 𝑏
27. 3 = 28. =7
9 5

30 8 30 𝑑
29. = 20 30. 54 =
𝑐 9

E. Complete the table.

Cost Selling Price Mark Up/ Mark Down Rate of Mark Up/ Mark Down
450 Php. 500 Php. 31. 36.

280 Php. 250 Php. 32. 37.

1400 Php. 1800 Php. 33. 38.

2500 Php. 2200 Php. 34. 39.

4800 Php. 5500 Php. 35. 40.

 F. Problem Solving.

41-45. Which series will give a better discount, 25% and 15%? Or 10%, 5% and 25%? Why?

46-50. At the end of each year, Joan’s mom would ask how much savings (from daily school
allowance and Christmas gifts) she had for the entire year, and she would promise to double the
amount Joan saved.

On January Joan plans to buy new cellular phone priced at 25,000 Php. What advise can you
give to Joan if she saves 10% of her 200 Php. Daily allowance and she usually gets 5,000 for
Christmas gifts. (Let’s assume that Joan started saving last June and that there are 120 school days
before the Christmas break and 10 school days from the resume of class until the day that she will
going to buy the phone.)

“You only FAIL, when you STOP TRYING.”

Prepared by:
Ms. Joan M. Datu