PROBLEM SOLVING
1. Miss Roxas bought 20 blouses for P1800 and marked them to sell at P110 each. After selling 16 pieces at this rate, she decided to sell the remaining blouses at a lower price. At what price may she sell each remaining blouse and still realize a gross profit of P360 on the 20 blouses?
1. P100
4. P115
2. P105
5. P120
3. P110
Solution:
No. of Blouses Bought = 20
Original Price for 20 Blouses = 1800
Original Price Per Blouse = 1800 / 20 = P 90
Selling Price Per Blouse = P 110
Gross Profit Per Blouse = Selling Price – Original Price = 20
Gross Profit After Selling 16 pieces
= No. of Blouse x Gross Profit per Blouse
= 16 x P 20
= P 320
No. of Blouses Left = 20 – 16 = 4
Goal: Gross Profit = P 360
Needed Gross to get goal gross profit = Goal Gross Profit – Gross Profit for 16 pieces
= P 360 – P 320
= 40
Needed Gross Per Blouse (for the 4 blouses) = P 40 / 4 = 10
Selling Price Per Blouse (for the 4 Blouses) = Original Price Per Blouse + Needed Gross per Blouse
= 90 + 10
= P100
2. The Philippines and 19 other Asian nations decide to cut their oil consumption by two million barrels a day. If this is 5% of their daily oil consumption, how many barrels are consumed by these countries in one day?
1. 400,000
4. 100,000.00
2. 10,000.00
5. 400,000.00
3. 40,000.00
Solution:
2 Million Barrels = 5% of the daily consumption
2M = 0.05 X
X=
= 40M
The Answer is 40M or 40,000,000.00. it is not in the choices but we need to have an answer so the safe choice would be to shade 3. 40,000.00.
http://philcivilserviceexam.blogspot.com/
3. A development project which was financed by ecological organizations amounted to P 3.6 million. If there had been two more contributors, and the expenses were shared equally, it would have cost each organization P300,000 less. How many organizations contributed to the project?
1. 3
2. 4
3. 6
4. 9
5. 12
Solution:
Let x be the number of organization
Let y be the amount per organization