LP For Simple Interest

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Republic of the Philippines

Department of Education
Region X – Northern Mindanao
Division of Malaybalay City
District IX
MANAGOK NATIONAL HIGH SCHOOL
Managok, Malaybalay City

School MANAGOK NATIONAL HIGH Grade Level 11


SCHOOL
Teacher MARY GRACE M. TAGADIAD Learning Area General
Mathematics
Time & Dates 2nd Quarter 1st Semester

I. Objectives
Content Standards
key concepts of simple and compound interests, and simple and general
annuities.

Performance investigate, analyze and solve problems involving simple and compound
Standards interests and simple and general annuities using appropriate business and
financial instruments

Learning At the end of the lesson the students should be able to:
Objectives M11GM-IIa-a

1. Define simple interest;


2. Compute simple interest, maturity value and present value; and
3. Solve problems involving simple interest.
II. Content Simple Interest
III. Learning
Resources
A. References Teachers’ Guide
Learners’ Materials
Quarter 2-Module 6
Canva.com
https://www.youtube.com/watch?v=4UNkQcBrLaQ
https://makeagif.com/i/2QVdus
https://tenor.com/view/water-water-in-plants-biology-science-transpiration-
gif-20641787
https://www.youtube.com/watch?v=hHER17qS16Y

B. Materials Laptop
TV
Speaker
Worksheets

IV. Lesson Proper/Procedure

A. Daily Routine
Teacher’s Activity Activity

OBB Video presentation


Introduction of teacher Video presentation

Prayer (Video presentation)


(Class, lets start our lesson with a prayer)

(Checking of Attendance through greetings)

Reminders Video presentation

B. Review/Recap
Show a short video on the last topic discussed Video presentation
which the logarithmic functions.

C. Motivation
Activity:
Ok class, as part of motivation, I will show you
images, and tell me how it will grow

What is all about the image? A student, may answer: Maám it’s all about a seed
Alright! Very good!

How it will grow? Maám, we have to plant seed.


What else? Water the seed
Very good!

In order to grow a seed, we need to add soil,


Water and sunlight, then in the long run, the
Seed becomes plant.

Very good!
C. Lesson Proper

What do you think will be our topic for today base on Learners may answer: Maám it will be
our demonstration? about an interest!

Now, aside from our figure, where do you think we can Learners may answer: Maám, we can
use the word grow? use it in business transactions.

Very good class!

Discussion

So, in business activities involves transaction between


Two parties.
Learners may answer: Maám,selling and
Can you give an example of business that will profit or buying of products.
gain?

Very good! Learners may answer: Maám, renting or


leasing of structure, equipment and
What else? facilities.

So, the transactions may come in different forms as


selling and buying of properties or services.

Now, in business transaction always have the primary


objective of making a profit or gain from those different
activities.
Learners may answer: Maám, profit is
So, when we say profit, what will comes in your mind? earnings

Learners may answer: Maám, profit is


Correct! referring to money
What else?
Very good!

So, in most cases, profits are described in terms of sum


of money.

So, here in our topic we will discuss about interest

Presentation of lesson objectives Video Presentation

Of course, we have principal, which is the profit that you


have, so in order to gain your profit you need to
associate it with interest.

And what is all about interest? Learners may answer: Maám, interest is
addition to the profit.
The interest is the profit made by a sum of money
(Principal) that is invested at an agreed interest for a
given period of time.

Presentation of formulas of Principal, simple interest, Video Presentation


future value, time, and rate.

Presentation of examples Video Presentation

V. Generalization

Class, what have you learned from the topic? Learners may answer: Maám, we learn
Very good! to get the simple interest, future value,
rate and time
Ask learners some questions.

VI. Application

Kindly prepare a sheet of paper and solve the following Video presentation
problems.

VII. Evaluation

Individual activity

Let the learners answer and send their solution through


group chat messenger. Solution:
1. Find the ordinary interest and amount. I −Prt
Given: P=25,000 90
I =25,000 ×0.08 ×
t=90 days 360
r =8 % I =500

Solution:
2. A loan for 23 , 200 was repaid with P 25 , 080 I −Prt
after 6 months, what rate was use? I =25,080−23,200
I =1,880
1,880 1,880
r= =
23,200 × 0.5 11,600
r =0.16206∨16.21 %
VIII. Assignment

Answer the following problems involving simple interest.


Write your complete solutions and answers on a 1
whole sheet of paper. Send you answer in our group
chat messenger.

1. Find the simple interest on a loan of ₱65,000.00 if the


loan is given at a rate of 2% and is due in 5 years and 3
months?

2. How much money will you have after 4 years if you


deposited ₱10,000.00 in a bank that pays 6% simple
interest?

Prepared by:

MARY GRACE M. TAGADIAD

SST-II

Checked by: Noted by:

NOEME A. MACASLANG PASTOR P. ABEJUELA III

Academic Head Secondary School Principal II

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