MATH 7 Week 5 Excerpt from lesson scripts.pptx

Adopted file

1. Classroom Rules No using of Cellphone during the discussion. Avoid distructing the class. Listen Attentively. Participate Actively.

2. Activity: “Increase or Decrease” Directions: Tell whether each situation involves percentage increase or percentage decrease and justify your answer. SITUATION PERCENTAGE INCREASE PERCENTAGE DECREASE DEPENDS ON THE SITUATION REASON 1. The present value of a car which was bought in 2020 2. The price of gold every year 3. Loan interests when loan is not paid religiously 4. Loan balance when paid religiously

3. SITUATION PERCENTAGE INCREASE PERCENTAGE DECREASE DEPENDS ON THE SITUATION REASON 5. Prices of basic commodities 6. The grades of a student who studies smarter 7. The population in the Philippines 8. The number of COVID cases before the vaccines were invented 9. The number of COVID cases after the vaccines were invented 10. The number of students who enroll in your school every year

4. Guided Question 1. How did you find the activity? 2. Were you able to determine if the problem involves increase or decrease? 3. How did you arrive at your answer for each problem? 4. Can you explain the importance of this activity in relation to money matters?

5. Activity: “Convert Me Now!” Directions: Convert each of the given decimals to percent and vice versa. Write your answers on a clean sheet of paper.

6. DECIMAL PERCENT 0.12 1. 0.36 2. 1.27 3. 4. 45 5. 23.2

7. Guided Question 1. How did you find the activity? 2. What was given in each item? 3. What did you consider in answering the previous activity? 4. Given the decimal, how do we convert it into percent? 5. Given the percent, how do we convert it into decimal?

8. Vocabulary Words

9. Discount (D) it refers to the decrease in price of a certain item. Original Price (OP) it refers to the regular price of the item. Discount Rate(DR) it refers to the percent taken off from the original price

10. Sale Price (SP) it refers to the discounted price on an item.. Mark up and Selling price both represent the percentage, cost represent the base, and the markup rate represent the rate. Markup it refers to the amount added to the cost of an item. Cost is the original amount of the item.

11. Formulas to Remember

12. Discount = Disc. Rate (DR) x Orig. Price (OP) Discount Rate =   Sale Price = Orig. Price (OP) – Discount (D) Original Price =  

13. Markup = Cost (c) x Markup Rate Markup Rate = x 100%   Sale Price = Cost (C) + Markup (M)

14. Example 1 In an appliance center, a washing machine with dryer was sold for Php 12,000.00 at 35% discount. Supposed Maria bought the item, how much is her discount? Given: OP = Php12,000.00 D= 35% Find D=? Formula: D=DR x OP Solution D=0.35 x Php12,000.00 D=Php4,200.00

15. Example 2 As part of the 3 rd anniversary of JR Shoes Apparel, shoes are on sale. The regular price of the shoes is Php6,000.00 and went down to a price of Php4,800.00 only. Determine the discount rate. Given: OP = Php6,000.00 SP = Php4,800.00 Find D=? DR=? Formula: D=OP – SP DR =   Solution D=Php6,000.00 – Php4,800.00 D=Php1,200.00 DR= DR=0.2 or 20%  

16. Example 3 The original price of a smartphone is Php8,400.00. If 15% discount is given to every buyer paying in full cash basis, what is the sale price of the smartphone? Given: OP = Php8,400.00 DR = 15% Find SP=? Formula: SP=OP – D Solution SP=Php8,400.00 – (Php8,400x0.15) SP= Php8,400.00 – Php1,260.00 SP=Php7,140.00

17. Group Activity: “Sale! Sale! Sale!” Directions: A certain online shopping platform offers discounts and sales on selected items. Find the discount and the sale price of the given items. Show your solution on a clean sheet of paper, and box your final answer. (Round your answer to the nearest hundredths, if necessary.

18. Guided Question 1. What do you feel when you see ads about discounts/sales? 2. What do you do upon knowing about it? 3. Can you immediately compute how much discount you can get when you buy an item under discount/sale? 4. How do you do it?

19. Assessment /Evaluation Aliyah receives a 30% discount on all the items she buys which amounted to P1,800. How much is she going to pay the cashier? 2. Janelle bought a pair of shoes at P1,200. How much would she save if she was given an 18% discount? 3. In an appliance store, a mini-speaker is marked “10% off”. a. How much is the discount? b. What is the sale price of the mini-speaker if it originally costs P1,030? 4. Emjay bought a motorcycle on an installment basis and has to pay P3,600 per month for 36 months with a 2.5% discount on prompt payment. How much will she pay each month if she pays on time? 5. Cris bought a bicycle for P4,500. He was given a discount of P500. Find the rate of discount given to him.

20. Do you have any questions? T H A N K Y O U !

21. No using of Cellphone during the discussion. Avoid distracting the class. Listen Attentively. Participate Actively. Classroom Rules

22. Group Activity:

23. Why do we need to plan ?

24. What is planning? Planning is the process of thinking about the activities required to achieve a desired goal. It is the first and foremost activity to achieve desired results. It involves the creation and maintenance of a plan, such as psychological aspect that require conceptual skills.

25. Financial Planning Financial Planning has become one of the most important aspect of life. Correct planning helps you in achieving your personal financial goals and keep you financially secure for unforeseeable situations.

26. Be Creative and Make your own daily Financial Plan Guided Question: How much is your budget in a day? What are your daily necessary expenses (e.g., food, transportation, school supplies)? What percentage of your daily income can you realistically save? How will you track your daily income and expenses (e.g., using a notebook, an app)? How do your spending habits affect your ability to save? How can you apply what you’ve learned to improve your financial planning in the future?

27. Importance of Financial Plan It provides the entrepreneur with a complete picture of: The amount funds and when they are coming into the organization. Where funds are going and how much cash is available. The plan explain how the entrepreneur interns to meet t financial obligations and maintain the venture’s liquidity

28. Benefits of Financial Planning Correctly managed cash flow. Personal finances Achieving personal goals Clear retirement goals A secure retirement income Reduce risk Insurance

29. Create your Monthly Financial Plan! Assignment

30. Thank you!