Professional Documents
Culture Documents
3. Mrs. Manalo, a real estate agent sold a house for P 800 000. How much did the original
owner receive if the agent charged 5% for commission and P 650 for expenses?
Ans. _________
4. S. Delosa gave an agency an account to collect amounting to P 55 750. The agency
collected 60% of the account and charged 18% for collection. How much did Delosa
receive?
Ans. _________
5. An agency charged 22% on the first P 5 000, 17% on the next P 3 000 and 12% on the
excess over P 8,000 in collecting P 30 175 for A.B. Rosales. How much did Rosales receive?
Ans. _________
6. An agent sent his principal P 87 950 after deducting 18% for collecting on account. What
was the amount he collected?
Ans. _________
7. J. Pea sold a house and lot through a real estate agent who charged 7% commission. His
net proceeds were P 2,700 000. What was the sale price of the house and lot?
Ans. _________
8. An attorney who charges 18% for collecting overdue accounts collected an account and
remitted P 27,857 to his client. How much did he collect?
Ans. _________
Percent of increase = Amount of Increase
Decrease x 100
Initial Amount
Commission = Rate of Commission x Sales
of Commission = Commission/Sales x 100
100
Rate
5. Gerome Gervacio, a salesman is paid 10% commission on all sales and an additional 2% of
sales in excess of P 8 000 for every month. Find his total commissions if his sales in July
were P 9 980 and in August, P 11 400.
Ans. __________
6. B. Reyes, an agent for Miss Cortes, charges 8% for his services. If he was able to collect P
3,185 for a certain week, how much did he receive for his services?
Ans. __________
7. A real estate agent sold for Mrs. Robles a house and lot in San Juan for P 270 000. If his
commission is 5% how much would be given to him?
Ans. __________
8. An agency collected 75% of a P 22 000 account for a client. If they charge a commission of
18% for their services rendered how much would they receive?
Ans. __________
9. Marlon Monte collected the rental in an office for the month of December. Out of 10 clients,
8 paid P 6,000 each and 2 paid P 7,800 each. If Mr. Monte charged 6% for his services, find
his earnings.
Ans. __________
Quiz 3 Solve each of the following problems.
SCORE _____
1. Mrs. Reyes, a real estate agent sold a house for Mrs. Lim worth P 1.5M, she charged 5%
commission. What net proceeds did Mrs. Lim receive?
Ans. __________
2. ABC Corporation, an agency that charges 12% commission, collected a debt of P 23 250.
How much should the agency remit to the principal?
Ans. __________
3. An attorney who charges 18% for collecting overdue accounts collected an account and
remitted P 27,957 to his client. How much did he collect?
Ans. __________
4. J. Pea sold a house and lot through a real estate agent who charged 7% commission. His
net proceeds were P 2,800 000. What was the sale price of the house and lot?
Ans. __________
5. Mrs. Manalo, a real estate agent sold a house for P 890 000. How much did the original
owner receive if the agent charged 5% for commission and P 650 for expenses?
Ans. __________
6. S. Delosa gave an agency an account to collect amounting to P 56 750. The agency
collected 60% of the account and charged 18% for collection. How much did Delosa
receive?
Ans. __________
7. An agency charged 22% on the first P 5 000, 17% on the next P 3 000 and 12% on the
excess over P 8,000 in collecting P 30 275 for A.B. Rosales. How much did Rosales receive?
Ans. __________
8. An agent sent his principal P 88 950 after deducting 18% for collecting on account. What
was the amount he collected?
Ans. __________
Percent of increase = Amount of Increase
Decrease x 100
Initial Amount
Commission = Rate of Commission x Sales
of Commission = Commission/Sales x 100
100
Rate
5. Mrs. Manalos take home pay is P 6,060 a month. She shares an apartment, for which she
pays P 1,500 a month, with her cousin. What per cent of her pay is spent in rent?
Ans. __________
6. A school bag costing P 70 is sold at a profit of 20% of the selling price. What is the selling
price?
Ans. __________
7. Annalisa has 200 stamps. This is only 55% of the stamps in her fathers album. How many
stamps are in the fathers album?
Ans. __________
Quiz 2 Solve the following problems.
SCORE _____
1. Atty. Macapagal collected P 12 750 for Miss Pea. After deducting commission, the principal
totalled P 9,645. What was the attorneys rate of commission?
Ans. __________
2. An agent received P 850 a commission for selling several pieces of umbrellas. If this
represented 6 % of the sales, what was the amount of sales made by the agent?
Ans. __________
3. A real estate agent sold for Mrs. Robles a house and lot in San Juan for P 280 000. If his
commission is 5% how much would be given to him?
Ans. __________
4. B. Reyes, an agent for Miss Cortes, charges 8% for his services. If he was able to collect P
3,285 for a certain week, how much did he receive for his services?
Ans. __________
5. Gerome Gervacio, a salesman is paid 10% commission on all sales and an additional 2% of
sales in excess of P 8 000 for every month. Find his total commissions if his sales in July
were P 9 880 and in August, P 11 400.
Ans. __________
6. William Martinez, a salesman, is employed on a salary plus commission basis. His total
earnings last month amounted to P 8,500 of which P 6 600 represented his basic monthly
salary. If his total sales for the month amounted to P 10,000, what percent commission did
he receive?
Ans. __________
7. Atty. Gomez received P 4 750 for a collection made by his office. If his commission is 17% of
the amount collected, how much was the collection?
Ans. __________
8. An agency collected 75% of a P 24 000 account for a client. If they charge a commission of
18% for their services rendered how much would they receive?
Ans. __________
9. Marlon Monte collected the rental in an office for the month of December. Out of 10 clients,
8 paid P 6,000 each and 2 paid P 7,800 each. If Mr. Monte charged 7% for his services, find
his earnings.
Ans. __________
Quiz 3 Solve each of the following problems.
SCORE _____
1. Mrs. Reyes, a real estate agent sold a house for Mrs. Lim worth P 1.5M, she charged 5%
commission. What net proceeds did Mrs. Lim receive?
Ans. __________
2. ABC Corporation, an agency that charges 12% commission, collected a debt of P 23 350.
How much should the agency remit to the principal?
Ans. __________
3. Mrs. Manalo, a real estate agent sold a house for P 880 000. How much did the original
owner receive if the agent charged 5% for commission and P 650 for expenses?
Ans. __________
4. S. Delosa gave an agency an account to collect amounting to P 56 750. The agency
collected 60% of the account and charged 18% for collection. How much did Delosa
receive?
Ans. __________
5. An agency charged 22% on the first P 5 000, 17% on the next P 3 000 and 12% on the
excess over P 8,000 in collecting P 30 375 for A.B. Rosales. How much did Rosales receive?
Ans. __________
6. An attorney who charges 18% for collecting overdue accounts collected an account and
remitted P 27,057 to his client. How much did he collect?
Ans. __________
7. J. Pea sold a house and lot through a real estate agent who charged 7% commission. His
net proceeds were P 2,900,000. What was the sale price of the house and lot?
Ans. __________
8. An agent sent his principal P 89 950 after deducting 18% for collecting on account. What
was the amount he collected?
Ans. __________
100
Rate
2. ABC Corporation, an agency that charges 12% commission, collected a debt of P 23 550.
How much should the agency remit to the principal?
Ans. __________
3. An agency charged 22% on the first P 5 000, 17% on the next P 3 000 and 12% on the excess
over P 8,000 in collecting P 30 575 for A.B. Rosales. How much did Rosales receive?
Ans. __________
4. S. Delosa gave an agency an account to collect amounting to P 58 750. The agency collected
60% of the account and charged 18% for collection. How much did Delosa receive?
Ans. __________
5. Mrs. Manalo, a real estate agent sold a house for P 860 000. How much did the original
owner receive if the agent charged 5% for commission and P 650 for expenses?
Ans. __________
6. An attorney who charges 18% for collecting overdue accounts collected an account and
remitted P 27,257 to his client. How much did he collect?
Ans. __________
7. J. Pea sold a house and lot through a real estate agent who charged 7% commission. His
net proceeds were P 2,100,000. What was the sale price of the house and lot?
Ans. __________
8. An agent sent his principal P 81 950 after deducting 18% for collecting on account. What
was the amount he collected?
Ans. __________
Percent of increase = Amount of Increase
Decrease x 100
Initial Amount
Commission = Rate of Commission x Sales
of Commission = Commission/Sales x 100
100
Rate
4. B. Reyes, an agent for Miss Cortes, charges 8% for his services. If he was able to collect P
3,485 for a certain week, how much did he receive for his services?
Ans. __________
5. Gerome Gervacio, a salesman is paid 10% commission on all sales and an additional 2% of
sales in excess of P 8 000 for every month. Find his total commissions if his sales in July
were P 9 680 and in August, P 11 400.
Ans. __________
6. William Martinez, a salesman, is employed on a salary plus commission basis. His total
earnings last month amounted to P 8,500 of which P 6 900 represented his basic monthly
salary. If his total sales for the month amounted to P 10,000, what percent commission did
he receive?
Ans. __________
7. Marlon Monte collected the rental in an office for the month of December. Out of 10 clients,
8 paid P 6,000 each and 2 paid P 7,800 each. If Mr. Monte charged 6% for his services, find
his earnings.
Ans. __________
8. An agency collected 75% of a P 28 000 account for a client. If they charge a commission of
18% for their services rendered how much would they receive?
Ans. __________
9. Atty. Gomez received P 4 750 for a collection made by his office. If his commission is 15% of
the amount collected, how much was the collection?
Ans. __________
Quiz 3 Solve each of the following problems.
SCORE _____
1. Mrs. Reyes, a real estate agent sold a house for Mrs. Lim worth P 1.5M, she charged 5%
commission. What net proceeds did Mrs. Lim receive?
Ans. __________
2. ABC Corporation, an agency that charges 12% commission, collected a debt of P 23 650.
How much should the agency remit to the principal?
Ans. __________
3. Mrs. Manalo, a real estate agent sold a house for P 850 000. How much did the original
owner receive if the agent charged 5% for commission and P 650 for expenses?
Ans. __________
4. An attorney who charges 18% for collecting overdue accounts collected an account and
remitted P 27,357 to his client. How much did he collect?
Ans. __________
5. J. Pea sold a house and lot through a real estate agent who charged 7% commission. His
net proceeds were P 2,200,000. What was the sale price of the house and lot?
Ans. __________
6. An agent sent his principal P 82 950 after deducting 18% for collecting on account. What
was the amount he collected?
Ans. __________
7. An agency charged 22% on the first P 5 000, 17% on the next P 3 000 and 12% on the
excess over P 8,000 in collecting P 30 675 for A.B. Rosales. How much did Rosales receive?
Ans. __________
8. S. Delosa gave an agency an account to collect amounting to P 59 750. The agency
collected 60% of the account and charged 18% for collection. How much did Delosa
receive?
Ans. __________
Percent of increase = Amount of Increase
Decrease x 100
Initial Amount
Commission = Rate of Commission x Sales
of Commission = Commission/Sales x 100
100
Rate
4. Mr. Pat Malaborbor bought a new component or P 35,000. After using it for three years, he
sold it at 70% off it purchased price. How much did he sell his component?
Ans. __________
5. Mrs. Manalos take home pay is P 6,040 a month. She shares an apartment, for which she
pays P 1,500 a month, with her cousin. What per cent of her pay is spent in rent?
Ans. __________
6. A school bag costing P 85 is sold at a profit of 20% of the selling price. What is the selling
price?
Ans. __________
7. Annalisa has 200 stamps. This is only 55% of the stamps in her fathers album. How many
stamps are in the fathers album?
Ans. __________
Quiz 2 Solve the following problems.
SCORE _____
1. Atty. Macapagal collected P 12 750 for Miss Pea. After deducting commission, the principal
totalled P 9,345. What was the attorneys rate of commission?
Ans. __________
2. An agent received P 850 a commission for selling several pieces of umbrellas. If this
represented 9 % of the sales, what was the amount of sales made by the agent?
Ans. __________
3. William Martinez, a salesman, is employed on a salary plus commission basis. His total
earnings last month amounted to P 8,500 of which P 6 400 represented his basic monthly
salary. If his total sales for the month amounted to P 10,000, what percent commission did
he receive?
Ans. __________
4. Gerome Gervacio, a salesman is paid 10% commission on all sales and an additional 2% of
sales in excess of P 8 000 for every month. Find his total commissions if his sales in July
were P 9 580 and in August, P 11 400.
Ans. __________
5. B. Reyes, an agent for Miss Cortes, charges 8% for his services. If he was able to collect P
3,585 for a certain week, how much did he receive for his services?
Ans. __________
6. A real estate agent sold for Mrs. Robles a house and lot in San Juan for P 250 000. If his
commission is 5% how much would be given to him?
Ans. __________
7. Marlon Monte collected the rental in an office for the month of December. Out of 10 clients,
8 paid P 6,000 each and 2 paid P 7,800 each. If Mr. Monte charged 7% for his services, find
his earnings.
Ans. __________
8. An agency collected 75% of a P 25 000 account for a client. If they charge a commission of
18% for their services rendered how much would they receive?
Ans. __________
9. Atty. Gomez received P 4 750 for a collection made by his office. If his commission is 14% of
the amount collected, how much was the collection?
Ans. __________
Quiz 3 Solve each of the following problems.
SCORE _____
1. Mrs. Reyes, a real estate agent sold a house for Mrs. Lim worth P 1.5M, she charged 5%
commission. What net proceeds did Mrs. Lim receive?
Ans. __________
2. ABC Corporation, an agency that charges 12% commission, collected a debt of P 23 750.
How much should the agency remit to the principal?
Ans. __________
3. Mrs. Manalo, a real estate agent sold a house for P 840 000. How much did the original
owner receive if the agent charged 5% for commission and P 650 for expenses?
Ans. __________
4. S. Delosa gave an agency an account to collect amounting to P 50 750. The agency
collected 60% of the account and charged 18% for collection. How much did Delosa receive?
Ans. __________
5. An agency charged 22% on the first P 5 000, 17% on the next P 3 000 and 12% on the
excess over P 8,000 in collecting P 30 775 for A.B. Rosales. How much did Rosales receive?
Ans. __________
6. An attorney who charges 18% for collecting overdue accounts collected an account and
remitted P 27,457 to his client. How much did he collect?
Ans. __________
7. J. Pea sold a house and lot through a real estate agent who charged 7% commission. His
net proceeds were P 2,300,000. What was the sale price of the house and lot?
Ans. __________
8. An agent sent his principal P 83 950 after deducting 18% for collecting on account. What
was the amount he collected?
Ans. __________
100
Rate
SCORE _____
1. Mrs. Reyes, a real estate agent sold a house for Mrs. Lim worth P 1.5M, she charged 5%
commission. What net proceeds did Mrs. Lim receive?
Ans. __________
2. ABC Corporation, an agency that charges 12% commission, collected a debt of P 23 850.
How much should the agency remit to the principal?
Ans. __________
3. Mrs. Manalo, a real estate agent sold a house for P 830 000. How much did the original
owner receive if the agent charged 5% for commission and P 650 for expenses?
Ans. __________
4. An attorney who charges 18% for collecting overdue accounts collected an account and
remitted P 27,557 to his client. How much did he collect?
Ans. __________
5. J. Pea sold a house and lot through a real estate agent who charged 7% commission. His
net proceeds were P 2,400,000. What was the sale price of the house and lot?
Ans. __________
6. An agent sent his principal P 84 950 after deducting 18% for collecting on account. What
was the amount he collected?
Ans. __________
7. An agency charged 22% on the first P 5 000, 17% on the next P 3 000 and 12% on the
excess over P 8,000 in collecting P 30 875 for A.B. Rosales. How much did Rosales receive?
Ans. __________
8. S. Delosa gave an agency an account to collect amounting to P 51 750. The agency
collected 60% of the account and charged 18% for collection. How much did Delosa
receive?
Ans. __________
Percent of increase = Amount of Increase
Decrease x 100
Initial Amount
Commission = Rate of Commission x Sales
of Commission = Commission/Sales x 100
100
Rate
5. An agency charged 22% on the first P 5 000, 17% on the next P 3 000 and 12% on the
excess over P 8,000 in collecting P 30 975 for A.B. Rosales. How much did Rosales receive?
Ans. __________
6. An attorney who charges 18% for collecting overdue accounts collected an account and
remitted P 27,657 to his client. How much did he collect?
Ans. __________
7. J. Pea sold a house and lot through a real estate agent who charged 7% commission. His
net proceeds were P 2,500,000. What was the sale price of the house and lot?
Ans. __________
8. An agent sent his principal P 85 950 after deducting 18% for collecting on account. What
was the amount he collected?
Ans. __________
100
Initial Amount
,
Rate