Students have difficulty solving mathematical problems. They have a hard time translating the problem into equation which resulted to their low grades. Thus, this study investigates the influence of the reading comprehension and problem solving skills of 115 first year students. The study made use of researcher-made questionnaires in reading comprehension and problem solving skills. Moreover, Pearson – Product Moment Correlation and Linear Regression were used as statistical tools. The results of the study revealed that the level of reading comprehension and problem solving of the students was average. And significance of relationship exists between reading comprehension and problem solving skills. This implies the importance of students needs to understand the problem before they can solve it. Furthermore, the best predictor to problem solving skills of the students was vocabulary.