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Business Math Reviewer 2025 – Comprehensive Math Review & Practice Questions

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Master business math with this 2025 reviewer featuring solved examples, formulas, and practice questions for finance, accounting, and quantitative exams.

Voorbeeld van de inhoud

Math Reviewer – ABM 12 Change: 700 (given) - 577.55 =
1st Semester P122.45

Lesson 1: Fractions Lesson 3: Ratio & Rate
Fractions - represents a part of a whole Ratio- Comparison of two quantities by
Simplify: division.
The ratio can be written in two different
Word Problem: ways :
Odds notation - a:b ( “:” read as “is to”)
Fractional notation : a/b
Rate- Ratio that compares quantities of
different units. A unit rate is a rate that
has a denominator of 1; that is, a rate
for one unit of a given quantity.

Word Problem
In a class of 40 students, the ratio of
passing grades to failing grades in 5:3.
How many failed the course?
5:3 = PASS:FAIL
5 + 3 = 8 (Totality of all student who
passed and failed)
Lesson 2: Decimals & Percent 40(Total number of students) / 8 = 5
decimal - a representation of a fraction 5 (5): 3 (5)
whose denominator is a multiple of 10
5 x 5= 25 Passed
Word Problem 5 x 3 = 15 Failed
25 (Passed): 15 (Failed) = 40 students
Maria was asked to go to the market to
Therefore, 15 students failed the
buy 2 ½ kilos of pork, ¼ kilo of garlic,
and 6 pieces of saba. One kilo of pork course.
costs PHP215, 1 kilo of garlic costs
PHP105, and one piece of saba costs 3 bags contain chocolates in a ratio of
PHP2.30. If Maria is given PHP700, will 5:2:7. If the total number of chocolates
she be able to buy everything she was from the bags containing the least and
asked to buy? If yes, how much change the most number of chocolates is 252,
is left (If there is any)? how many chocolates are there in all?
Sol.
Answer: Yes. 2 (the least) +7(the most) = 9
Pork: 2 ½ x 215 = P537.5 = 28
Garlic: ¼ x 105 = 26.25 5(28) + 252
Saba: 2.3 x 6 =13.8 = 392
Total: 537.5 + 26.25 + 13.8 = 577.55

!!!!!!!!!!!!!1 MATH REVIEWER-BUSINESS MATH`~~~~~~~~~

, Therefore, there are 392 chocolates all If a product with a selling price of
in all. ₱62.50 has a 25% markup on cost, how
much is the cost for the product?
Lesson 4: Buying & Selling If the MU is 25% of the SP, therefore
Cost Price – the price that a company the C is 75% of the SP.
has to pay for the goods it is going to C=(.75)(₱62.50)
sell; price for production (puhunan – C= ₱62.50
Legend: C)
Operating Cost – the price incurred A computer store used a markup rate of
relatively to the production and sale of 40%. Find the selling price of a
a commodity (also known as other
computer game that cost the retailer
expense eg. Transportation – Legend:
Expense) $25.
Selling price – the price at which the Solution:
commodity is sold per unit. (Legend: Selling price (S.P) = (100+MU)% x Cost
SP) Price (C.P)
Profit – money earned after the cost M = 40, C.P = $25
price and the operating cost are Then, S.P = (100 + 40)% x 25
accounted for after the sale of a S.P = 140% x 25
commodity. (kinita – Legend: P) S.P = 1.4 x 25 = $35
Mark-up – the differences between the Selling Price = $35
selling price and the cost price
sometimes called Margin or gross Lesson 5: Mark-on
profit. (patong – Legend: P) Mark-on – Increase on the Regular
Formulas: selling price (usually used when
Selling Price = Cost + Operating Cost + demand on a product goes up –
Profit Legend: MO
MU = SP - C Formula:
MO = Peak selling price (PSP) + SP


Word Problem
Word Problem Yvette’s Flower Shop imposes a 45%
A stuffed toy costs ₱260 to mark-up on flowers delivered to them
manufacture and is marked up 45% for sale. During All Saint’s Day,
based on cost. What is the retail however, an additional mark-on of 25%
price of the stuffed toy? of the regular selling price is added on.
S = MU+C Determine the unit price of 300 roses
MU=RC by substitution; worth Php15,000 delivered to Yvette’s
SP=RC+C Flower Shop during All Saint’s Day.
SP=(.45)(260)+(260) How much is the selling price of each
SP= ₱377 rose during All Saint’s Day at this flower
shop.


!!!!!!!!!!!!!2 MATH REVIEWER-BUSINESS MATH`~~~~~~~~~

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