A
When does night differential pay apply, and what percentage is added to the hourly rate?
Applies to work done between 10:00 PM and 6:00 AM.
Additional 10%
Penny earns ₱125 per hour. If she works on her rest day during regular hours, compute her hourly rate.
125 x 1.30 = 162.50 PHP per hour
A cashier earns an hourly rate of ₱90. If she works 6 hours per day, compute her daily wage.
W = R × H = 90 × 6 = 540 php
What is the maximum employee share for Pag‑IBIG (HDMF) contributions?
200 PHP
What is the employee contribution rate for:
• GSIS = ______% of monthly salary
9%
Paul earns a monthly salary of ₱25,000. Using the SSS table, find his employee SSS contribution.
1,250 php
Ana is a government employee earning ₱41,275 monthly. Calculate her GSIS employee contribution.
41,275 x 0.09
= 3, 714.75 php
Will earns a monthly salary of ₱65,120. How much is his PhilHealth contribution?
0.025 × 65,120
= 1,628 php
What do you call a fixed regular payment, usually given monthly or biweekly, and often expressed as an annual amount?
SALARY
The jeepney fare increased from ₱8 to ₱15. Calculate the percentage increase (inflation rate).
87.5%
A pair of school shoes costs ₱850 before VAT. Add the standard 12% VAT. What is the total price?
850 + (850 x 0.12) = 850 + 102
= 952 php
Carla is a real estate agent who earns 3% commission on every house sold. Last month, she sold a house worth ₱3,000,000. How much is her commission?
COMMISSION = 3 000 000 x 0.03 = 90 000
Marianne earns ₱15,210 monthly. How much is her Pag‑IBIG (HDMF) employee contribution?
salary exceeds 10,000 php so the contribution is
200 php
A smartphone is originally priced at ₱18,500 before a markup of 18% is applied. Find the new selling price.
21, 830 php
What is VAT stand for, and what is the standard VAT rate in the Philippines?
VALUE - ADDED TAX
Standard VAT = 12%
Maggie earns ₱120 per hour. If she works overtime on a regular day, what is her overtime hourly rate?
120 x 1.25 = 150 PHP
It occurs if the selling price is higher than the cost price.
Profit
Write the correct formula for:
Markup:
Discount:
Markup: New Price = Original Price (1 + Markup Rate)
Discount: New Price =Original Price (1- Discount Rate)
A worker earns ₱115 per hour. He works from 9:00 PM to 7:00 AM the next morning. Calculate his total pay for the day. (Note: 9–10 PM and 6–7 AM = regular rate; 10 PM–6 AM = night differential).
Regular pay : 2 x 115 = 230 PHP
Night Differential:
Total:
Night Differential: 8 x 1.10 x 115 = 1012
Total: 230 + 1,012 = 1,242.00 PHP
A laptop is priced at ₱32,000 before a 12% markup. Find its new selling price.
NEW PRICE = 32,000 (1+ 0.12)
= 35.840 PHP
State the four mandatory government contributions deducted from an employee's salary in the Philippines.
SSS
GSIS
PHILHEALTH
HDMF
Marvin earns ₱90 per hour. He works 8 hours a day, 6 days a week. How much are his total earnings in one month? (Assume 4 weeks in a month)
Step 1 : Daily Wage = 90 x 8 = 720 Step 2: Weekly = 720 x 6 = 4,320 Step 3: Monthly = 4,320 x 4 =
17,280 PHP
A House costs ₱600,000 . A 5% discount is applied for a cash payment. What is the discounted price?
570, 000 php
Ms. Reyes earns ₱180 per hour. If she works 160 hours in a month, compute her:
a. Gross income for the month
b. Net income if total deductions amount to 15% of her gross income
a. GROSS INCOME: 180 X 160 = 28,800 PHP
DEDUCTION: 28,800 X 0.15 = 4,320 PHP
b. NET INCOME: 28,800 - 4,320 = 24, 480 PHP
A refrigerator costs ₱24,000. A 10% discount is applied. What is the discounted price?
NEW PRICE = 24,000 (1 - 0.10)
= 21, 600 PHP