15. Brix sold a cellphone for Php16,000.00 and receive Php2,000.00 as a commission. What was
his rate of commission?
A. 115%
B. 11.5%
C. 125%
D. 12.5%
16. Kevin borrowed money from the bank 8% simple interest. If he paid an interest of Php480.00
after 1 year, how much did she borrow?
A. Php5.000.00
B. Php 6,000.00 C. Php7,000.00 D. Php 8,000.00​