1281. A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually?
A. 11.50 %
B. 11.75 %
C. 11.95 %
D. 12.32 %
✅ The correct answer is option B.
Civil Engineering
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1282. A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities ?
A. Sole proprietorship
B. Entrepreneurship
C. Partnership
D. Corporation
✅ The correct answer is option A.
1283. Perfect monopoly exists only if_______________?
A. the single vendor can prevent the entry of all other vendors in the market
B. the single vendor gets the absolute franchise of the product
C. the single vendor is the only one who has the permit to sell
D. the single vendor is the only one who has the knowledge of the product
✅ The correct answer is option A.
1284. A farmer selling eggs at 50 pesos a dozen gains 20%. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent ?
A. 6.89 %
B. 6.65 %
C. 6.58 %
D. 6.12 %
✅ The correct answer is option B.
1285. What is another term for “perfect competition” ?
A. Atomistic competition
B. No-limit competition
C. Free-for-all competition
D. Heterogeneous market
✅ The correct answer is option A.
1286. A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10% ?
A. P1,549.64
B. P1,459.64
C. P1,345.98
D. P1,945.64
✅ The correct answer is option A.
1287. What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc ?
A. Railroad bond
B. Equipment obligation bond
C. Equipment bond
D. Equipment trust bond
✅ The correct answer is option B.
1288. A investor wishes to earn 7% on his capital after payment of taxes. If the income from an available investment will be taxed at an average rate of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified ?
A. 12.07 %
B. 12.34 %
C. 12.67 %
D. 12.87 %
✅ The correct answer is option A.
1289. What refers to the amount of money paid for the use of borrowed capital ?
A. Interest
B. Rate of interest
C. Simple interest
D. Principal
✅ The correct answer is option A.
1290. A bond without any security behind them except a promise to pay by the issuing corporation is called __________________?
A. Joint bond
B. Debenture bond
C. Trust bond
D. Common bond
✅ The correct answer is option B.