Republic of the Philippines

Department of Education
Region I
Schools Division Office
San Carlos City, Pangasinan

Name ________________________ Adviser_____________________

Grade and Section______________ Score _________

2nd Quarter Examination in General Mathematics

January 23-24, 2024

Directions: Shade the letter of the correct answer on the answer sheet provided that is being asked for each
number. Provide your solution on a separate sheet of paper. If there is no answer in the choices given, shade
letter e.

1. The amount of money borrowed or invested from/ in the bank.

A. Interest C. Maturity Value
B. Interest Rate D. Principal
2. Glenn and Jon each invest P10,000 for two years, but under different schemes. Glenn earns 3% of P10,000
the first year, which is P300, then another P300 the second year. Jon earns 3% of P10,000 the first year, which
is P300, same as Ella's. But during the second year, she earns 3% of the P10,000 and 3% of the P300 also.
Interest computation for Jon’s investment is an example of ______________.
A. Simple Interest C. Interest Rate
B. Compound Interest D. Discount

For problems 3-4:

Mike borrowed ₱ 300, 000 from the bank on January 15, 2024. He is to pay ₱457, 500 on
December 15, 2026.

3. How do we call the date “ January 15, 2023”?

A. Future Date C. Maturity Date
B. Loan Date D. Origin Date
4. Which of the following amounts is the interest earned on repayment date?
A. ₱157, 000 C. ₱457, 500
B. ₱300, 500 D. ₱757, 500
5.In order to have ₱50, 000 in 20 years, how much should you invest if a simple interest rate is 5%?
A. ₱2, 000 C. ₱25, 000
B. ₱2, 500 D. ₱50, 000

For problems 6-8

If Mike’s ₱40, 000 investment could have an amount of ₱51, 000 after t years at simple interest
rate is 12% per annum

6. How much interest was earned after t years?

A. ₱51, 000 C. ₱21, 000
B. ₱40, 500 D. ₱11, 000
7. Given the formula for Simple Interest as F = P(1+rt), manipulate the formula to solve for t.
𝐹 𝑝
A. 𝑃𝑟 C. 𝐹𝑟

𝑃−𝐹 𝐹−𝑃
B. 𝐹𝑟
D. 𝑃𝑟

8. From the problem above, find the value of t.

A. 2.15 years C. 2.29 years
B. 2.33 years D. 2.49 years
9. If Mr. Ramos applies for a loan amounting to ₱10, 000 in a bank, the simple interest of which is ₱12, 000
for 15 years. What interest rate is being charged?

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Tel. No./Fax No.: (075) 632-3293
Email Address: sancarlos.city1@deped.gov.ph
 A. 5% B. 8% C. 10% D. 15%
10. Interest is computed on the principal and also on the accumulated past interest.
A. Compound Interest C. Principal
B. Interest D. Simple Interest
11. How much money must be invested to obtain an amount of ₱10, 000 in 8 years if money earns at 2%
compounded annually?
A. ₱853.49 C. ₱5, 000.00
B. ₱1, 600.00 D. ₱8, 534.91
12. How much is the interest of ₱50, 000 invested at 5% compounded annually for 10 years?
A. ₱3, 144.47 C. ₱25, 000.00
B. ₱5, 000.00 D. ₱31, 444.73
13. An annuity where regular payments are made at the end of each period.
A. Deferred Annuity C. Ordinary Annuity
B. General Annuity D. Simple Annuity
14. Which of the following is not a simple annuity?
A. Installment payment of an appliance at the end of each month with interest compounded monthly.
B. Monthly payment for an electric bill including penalty if it is not paid on or before due date.
C. Quarterly payment for t years, with interest rate compounded quarterly.
D. Semi-annual payment for t years with an interest rate compounded quarterly.

For problems 15-17

James started to save ₱500 monthly in a bank that pays 6% compounded quarterly for ten
years.

15. What is the total number of conversion period (n) in problem.

A. 20 B. 40 C. 80 D. 120
16. Which of the following is the interest rate for each conversion period
A. j=0.006 C. j = 0.03
B. j = 0.015 D. j =0.06.
17. How much is the amount or future value of his savings after 10 years?
A. ₱27, 133.95 C. ₱47, 133.95
B. ₱37, 133.95 D. ₱57, 133.95

18. Pension fund and insurances are examples of annuity classified as ____________.
A. Contingent Annuity C. General Annuity
B. Deferred Annuity D. Simple Annuity
19. The amount or future value of ordinary annuity is given by _______________.
−𝑛
1−(1+𝑖) 𝐹
A. 𝐹=𝑅 𝑖
C. 𝐹= 𝑛
(1+𝑖)

𝑛
(1+𝑖) −1 𝑛
B. 𝐹=𝑅 𝑖
D. 𝐹 = 𝑃 (1 + 𝑖)
20. What is the future value of an ordinary annuity having daily payments of ₱
50 for 30 days with an interest rate of 20% compounded daily?
A. ₱ 1,611.98 C. ₱ 1,411.98
B. ₱ 1,511.98 D. ₱ 1,311.98
21. What type of annuity is represented by a deposit of ₱ 6,000.00 that is made at the end of every three
months to an account that earns 5.6% interest compounded quarterly?
A. simple C. ordinary
B. general D. annuity due
22. An annuity that does not begin until a given time interval has passed.
A. Deferred Annuity C. Ordinary Annuity
B. General Annuity D. Simple Annuity
23. Jon’s debt is to be paid by regular payments of ₱ 15,000.00 paid at the end of every 3 months for 8 years
for his products. The first payment will be done after 3 years. How may periods of deferral are there?
A. 5 C. 11
B.7 D. 12
24. What is the present value of a deferred annuity of ₱ 30,000.00 at the end of every year for 10 years if the
first payment of a mother will be done at the end of the second year, and the money is compounded at 3%
annually?
A.₱ 244,354.12 C. ₱ 278,520.14
B.₱ 248,452.51 D. ₱ 291,245.18

Address: Roxas Blvd., San Carlos City, Pangasinan

Tel. No./Fax No.: (075) 632-3293
Email Address: sancarlos.city1@deped.gov.ph
25. A form of equity financing or raising money by allowing investors to be part owners of the company.
A. Bond C. Market Value
B. Dividend D. Stock

For numbers 26-28 .

Corporation A, with a current market value of ₱ 65.00, give a dividend of
₱ 11.00 per share of its common stock. Corporation B, with a current market value of ₱ 75.00, give a
dividend of ₱ 15.00 per share.
26. Find the stock yield ratio for Corporation A.
A. 14.56% C. 16.92%
B. 15.76% D. 17.08%
27. What is the stock yield ratio for Corporation B?
A. 18% C. 22%
B. 20% D. 24%
28.In which corporation will you invest your money? Why?
A. Corporation A, because each peso will earn you more if you invest in A than in B.
B. Corporation A, the lower the share the higher the stock yield ratio.
C. Corporation B, because each peso will earn you more if you invest in B than in A.
D. Corporation B, the lower the stock yield ratio the more you earn.
29. Assets used to secure the loan and it may be a real-estate or other investments.
A. Collateral C. Mortgagee
B. Mortgage D. Mortgagor
30. Mr. Cruz borrowed a loan of ₱500,000.00 to be repaid in full after 5 years with an interest rate of 15% per
annum. What is its interest rate in decimal form?
A. 5000 C. 0.15%
B. 15% D. 0.15
31. Money lent to an individual for personal or family purpose.
A. Business loan C. Loan
B. Consumer loan D. Mortgage
32. A car dealer offers Ms. Garcia a brand-new car worth ₱420,000.00 with a 15% down payment. How
much would be the mortgaged amount?
A. ₱100,000.00 C. ₱200,000.00
B. ₱125,600.00 D. ₱357,000.00

33. Patty borrowed ₱800,000.00 from the bank to develop her piggery. The effective rate of interest is 9%. How
much is to be paid if the loan is to be paid in 4 years?
A. ₱1,129,265.00 C. ₱1,223,089.00
B. ₱1,170,000.00 D. ₱1,361,800.00
34. In a disjunction, even if one of the statements is false, the whole disjunction is still ____________.
A. False C. True
B. Negated D. Both true and false
35. Which statement below is an INCORRECT way of NEGATING the statement “is a polynomial function”
A. it is not true that is a polynomial function C. is not the case that is a polynomial function
B. is not a polynomial function D. is a polynomial function is false
36. It is a proposition that uses logical connectors.
A. simple proposition C. compound proposition
B. logical proposition D. connective proposition
37. Choose the simple proposition among each group of options.
A. Is the laugh too loud?
B. What a bright smile!
C. Brush your teeth after eating.
D. Enamel covers the outer surface of our teeth.
For numbers 38-39, consider the following propositions:
x: A silent prayer can be heard through a storm.
y: It is a clean heart that counts in prayer.
z: God who is far more than lightyears away listens.

38. Which is the symbol for the proposition “A silent prayer cannot be heard through a storm”?
A. ∧ 𝑥 C. ~𝑥
B.~𝑥 → 𝑥 D. ∨ 𝑥
39. Which is the symbol for the proposition “If it is a clean heart that counts in prayer, then God who is far more
than lightyears away listens”?
A. ~𝑧 ∨ 𝑦 C. 𝑦 → 𝑧
B. 𝑦 ∧ 𝑧 D. 𝑧 ↔ ~𝑦

Address: Roxas Blvd., San Carlos City, Pangasinan

Tel. No./Fax No.: (075) 632-3293
Email Address: sancarlos.city1@deped.gov.ph
40. Which is the verbal form of ~𝑦 ∧ ~𝑧?
A. It is a clean heart that counts in prayer and God who is far more than lightyears away listens.
B. It is a clean heart that counts in prayer or God who is far more than lightyears away listens.
C. It is not a clean heart that counts in prayer and God who is far more than lightyears away does not
listen.
D. It is not a clean heart that counts in prayer or God who is far more than lightyears away does not
listen.
41. What is a proposition that is always true?
A. absolute C. negation
B. contradiction D. tautology

For numbers 42 - 44, consider the following:

In the minutes of the meeting, it is recorded that “All ten members agreed that there will be a
monthly contribution of ₱50.00. Let p be the statement “The collection for February is ₱500.00”. Decide
on the truth value of the negation ~p given the following scenarios.

42. What is the verbal equivalent of ~p?

A. The collection for February is not ₱500.00.
B. The collection not for February is ₱500.00.
C. All ten members agreed that there will be a monthly contribution of ₱50.00 and the collection for
February is ₱500.00.
D. If all ten members agreed that there will be a monthly contribution of
₱50.00, then the collection for February is ₱500.00.

Scenario A: All members of the group paid the monthly contribution.

43. What is the truth value of the negation ~p given Scenario A?

A. true C. neither true nor false
B. false D. information is insufficient
44. Which explains the reason behind the truth value of ~p given Scenario A?
A. Despite all members contributed, each may have contributed any amount.
B. Scenario A makes no mention about the contribution of each of ten members.
C. Given that all ten members of the group contributed, the total collection for February is ₱500.00.
D. Given that there are ten members of the group, the total collection for February just like in any month
should be ₱500.00.

For numbers 45-47, determine all truth values of the propositions p and q that will make the following
statements true.
45. 𝑝 ∧ ~𝑞
A. p and q are both true. C. p and q are true and false, respectively
B. p and q are both false. D. p and q are false and true, respectively.

46. ~(𝑝 ∧ 𝑞)
A. not p and q are false. C. p is true and q is true
B. Both p and q are true. D. At least one of p and q is false.

47. ~(𝑝 ∧ ~𝑞)

A. If p is true, then q should be true. If p is false, then q may either be true or false.
B. If p is false, then q should be true. If p is true, then q may either be true or false.
C. If p is true, then q should be false. If p is false, then q may either be true or false.
D. p is false, then q should be false. If p is true, then q may either be true or false.

48. What is a proposition statement that is always false?

A. negation B. tautology C. fallacy D. absolute
49. Which of the following is true with the argument, “If it rains, then Rhea is not going to the party. Rhea is not
going to the party. Therefore, it rains.”?
A. It is valid by Modus Tollens. C. It is a fallacy by Fallacy of the Consequent.
B. It is valid by Rule of Simplification. D. It is a fallacy by Fallacy of the Converse.

50. Which of the following propositional forms supports the argument in item number 10?
A. (𝑝 ∧ 𝑞) → 𝑝 C. [(𝑝 → 𝑞) ∧ 𝑞] → 𝑝
B. [(𝑝 → 𝑞) ∧ (~𝑞) → (~𝑝) D. (𝑝 → 𝑞) → (𝑞 → 𝑝)

Address: Roxas Blvd., San Carlos City, Pangasinan

Tel. No./Fax No.: (075) 632-3293
Email Address: sancarlos.city1@deped.gov.ph