Week 5 New

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Week 5

• Learning Objectives:
• 1. Define discounts, sale price, commission, sales tax,
and simple interest;
• 2. Solve money problems involving percentages on
discounts, sale price, commission, sales tax, and
simple interest;
• 3. Create a 1-day financial/budget plan; and
• 4. Create a formula for a daily personal financial plan
DAY 1
Review : Identify whether the situation requires
percentage increase, decrease or depends on
the situation.

1.The present 2.The price of 3.Loan


value of a car interests
which was
gold every year
when loan is
bought in 2020
not paid
religiously
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4.Loan balance when paid


religiously
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
Match the words to the
definition below
discount, selling price, sale
pricein the original price of a
• -Definition 1: It is the reduction
commodity (product or service).
• Definition 2: It is the final price at which a product or
item is sold to a customer after discounts have been
applied.
• Definition 3: The amount of money that a company
charges for its product. It is the price that the customers
pay for buying a product without a discount. This is also
known as the original price.
Can you identify the logos
below?
Answer the questions below
• 1. What do you feel when you see ads about
discounts/sales?
• 2. Do you consider this discounts when buying
an item from a certain store?
• 3. Can you immediately compute how much
discount can you get when you buy an item under
discount/sale?
• 4. How do you do it?
Finding the Discount and Sale
Price of an Item using Percentage
• 𝑫𝒊𝒔𝒄𝒐𝒖𝒏𝒕 = 𝑶𝒓𝒊𝒈𝒊𝒏𝒂𝒍 𝑷𝒓𝒊𝒄𝒆 × 𝑹𝒂𝒕𝒆 𝒐𝒇 𝑫𝒊𝒔𝒄𝒐𝒖𝒏𝒕
• while 𝑺𝒂𝒍𝒆 𝑷𝒓𝒊𝒄𝒆 = 𝑶𝒓𝒊𝒈𝒊𝒏𝒂𝒍 𝑷𝒓𝒊𝒄𝒆 − 𝑫𝒊𝒔𝒄𝒐𝒖𝒏𝒕

• Example 1. Find the discount and the


sale price of a t-shirt that has an
original price of ₱300 if the discount
rate is 25%.
• To find the discount:
• Discount = Original Price × Rate of Discount Discount = 300
× 0.25
• Discount = ₱75
• Therefore, the discount is ₱75.
• To find the sale price:
• Sale Price = Original Price − Discount
• Sale Price = 300 − 75
• Sale Price = ₱225
• Answer: Thus, the new price of the t-shirt or its sale price is
₱225.
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• Example 2. The first ten persons who will


purchase a refrigerator that originally costs
₱18,999 can avail a discount of 38%. Mon Carlo
was lucky to avail the item at its sale price. Find
how much he was able to save through the
discount and how much he was able to avail the
refrigerator.
• Example 3. A post says that a mathematics book
is on sale which costs ₱440 after a discount rate
of 12% was deducted. What is its original price?
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• Example 4. During the pandemic,


many Filipinos became
plantito/plantita. Reynalyn is one
of them. She bought a plant on its
sale price of ₱328. She was given a
discount rate of 27%. How much
was the discount given for her?
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SOLUTION
:
Formative test
DAY 2
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