Basic Math and Financial Literacy Quiz

Mike earns ₱500 per day for 5 days. How much does he earn in a week?

• ₱1,000

• ₱2,500

• ₱3,000

• ₱5,000

Ana bought a dress for ₱300 and sold it for ₱400. How much profit did she earn?

• ₱100

• ₱200

• ₱300

• ₱400

A store sells 5 kg of rice for ₱200. Another store sells 3 kg of rice for ₱150. Which offers the better value per kilogram?

• Store 1

• Store 2

• Both stores

• None of the above

A phone costs ₱12,000 if paid in cash. On an installment plan, you pay ₱1,000 monthly for 12 months. How much is the total cost on installment?

• ₱10,000

• ₱11,000

• ₱12,000

• ₱13,000

Jane earns ₱75 per hour. If she works for 8 hours a day, how much does she earn in one day?

• ₱500

• ₱600

• ₱700

• ₱800

A vendor buys a pack of chips for ₱25 each and sells them for ₱30 each. How much profit does he earn if he sells 20 packs?

• ₱50

• ₱100

• ₱150

• ₱200

Which is the better deal: 3 liters of milk for ₱120 or 5 liters of milk for ₱200?

• 3 liters of milk

• 5 liters of milk

• Both are the same

• Cannot be determined

A sofa costs ₱18,000 if paid in cash. On an installment plan, it costs ₱1,600 per month for 12 months. How much more expensive is the installment plan?

• ₱1,200

• ₱2,000

• ₱3,200

• ₱4,000

A worker earns ₱50 for every product made. If he makes 45 products in one day, how much does he earn?

• ₱2,000

• ₱2,250

• ₱2,500

• ₱3,000

A store sells a gadget for ₱15,000, earning a profit of 25%. What is the cost price of the gadget?

• ₱11,250

• ₱12,000

• ₱13,500

• ₱15,000