FINANCIAL PLAN.......................................

FINANCIAL PLAN, SALES TAX , COMMISION

1. MATH 7
COMMISSION AND SALES TAX, SIMPLE INTEREST
AND FINANCIAL PLANNING
INSPIRED BY

2. SIMPLE INTEREST
LESSON
OUTLINE
FINANCIAL PLAN
COMMISION AND TAX

3. DAY 1
INSPIRED BY

4. refers to the amount of money earned
by a person from selling something.
It serves as compensation for the work
or effort involved in making a sale. COMMISSION FORMULA:

5. Maria works as a real estate agent and earns a 3%
commission on every house she sells. Last month, she sold a
house worth ₱2,500,000.
1.How much commission did Maria earn from the sale?
2.If she also has a fixed monthly salary of ₱20,000, what
was her total income for that month? COMMISSION WORD PROBLEM:

6. Jacob sold a motorcycle worth ₱180,000 and earned ₱9,000 as
his commission.
What was his commission rate?COMMISSION RATE WORD PROBLEM

7. a percentage of the sale price that is added to the
total cost of a product or service and collected by
the seller on behalf of the government to fund public
services and infrastructure
known as Value Added Tax (VAT) SALES TAX FORMULA:

8. A laptop is priced at ₱45,000. If the sales tax rate is
12%, find:
1.The amount of sales tax.
2.The total price the customer needs to pay. SALES TAX WORD PROBLEM:

9. SIMPLE
INTEREST
INSPIRED BY

10. a method to calculate the amount
of interest charged on a sum at a
given rate and for a given period of
time.SIMPLE INTEREST FORMULA:

11. Anna borrowed ₱50,000 from a bank at an annual interest
rate of 6% for 3 years.
How much interest will she pay?
What will be the total amount she needs to pay back?SIMPLE INTEREST FORMULA:

12. PRINCIPAL AMOUNT FORMULA: A loan earned ₱8,400 in simple interest after 4
years at an annual interest rate of 7%.
What was the principal amount borrowed?

13. INTEREST RATE FORMULA: A man borrowed ₱60,000 for 5 years
and paid ₱15,000 in simple interest.
What was the annual interest rate?

14. TIME FORMULA: Ella borrowed ₱40,000 at an annual interest rate
of 8%. She paid ₱12,800 in simple interest.
How long did she borrow the money?

15. FINANCIAL PLAN
INSPIRED BY

16. Financial planning is a plan that
describes a person's current financial
situation, his financial goals and
strategies to achieve them. FINANCIAL
PLAN:BUDGETING

17. FINANCIAL
PLAN:BUDGETING DAILY: WEEKLY: BUDGET PLAN MONEY EARNED
SAVINGS
EXPENSES

18. FINANCIAL
PLAN:BUDGETING DAILY: WEEKLY: MONEY EARNED ALLOWANCE
TOTAL:
EXTRA INCOME
200 1000
500100
300
1500

19. FINANCIAL
PLAN:BUDGETING DAILY: WEEKLY: EXPENSES TRANSPORTATION
SNACKS
20 100
20050
LUNCH
1,050
TOTAL:
210
80 400
SCHOOL SUPPLIES
10020
MISCELLANEOUS EXPENSES
20040

20. FINANCIAL
PLAN:BUDGETING DAILY: WEEKLY: BUDGET PLAN MONEY EARN
SAVINGS:
EXPENSES
300 1500
1,050210
90
450

21. THANK YOU
INSPIRED BY