What is SIMM?

S - strategic
I - intervention
M - materials in
M - mathematics
 Definition
 Strategic intervention material is an instructional
materials meant to reteach the concept(s) and
skill(s).
 Materials given to learners to help them master a
competency-based skill which they were not able to
develop during the regular classroom teaching (with
minimal intervention/guide of teacher).
 Focused on least learned skills.
 Isa stand alone materials, otherwise known as self –
learning kit.
 Five Parts of the SIMM
1. Guide Card
2. Activity Card
3. Enrichment Card
4. Assessment Card and Answer Key Card
5. Reference Card
 TIPS on Creating SIMM
A – appealing, artistic, aesthetic value,
R – result oriented, reliable
T - thematic
S – simple and inexpensive
 Finding
SIMPLE INTEREST

An Strategic Intervention Materials

in Mathematics VI

ALFREDO MERCADO LOPEZ JR.

Schools Division of Aurora - Elementary
 GUIDE CARD
 The guide card presents the big picture.
 It gives an overview of the lesson.
 Presents the focus skills.
 Engage the learner’s interest by presenting specific scenario
on where do we use and encounter the focus skills and
 Leads the learners towards the performance of the task(s)
through words of encouragement.
 Statements on what the pupils will gain in using the SIMM.
 Reminders were also stated in this part for proper use of the
intervention materials.
GUIDE CARD Hello! I’m Nemo. I will be guiding you to discover
about finding Simple Interest. Since you have
already learned about finding percentage, base
and rate, this time we will focus on the following:
❖Define the different terms regarding simple
interest and
❖Solve word problems involving simple interest

So, are you ready? Don’t be afraid to

study with me. This will be fun and
interesting. You will be my assistant
teacher for the mean time.
When we deposit money in the
bank, we receive some interest for
allowing the bank to use our money.
Similarly, when we borrow money
from the bank we have to pay
certain interest for using its money.
 The amount of money borrowed or the capital is called the Principal (P) and
the additional money paid for the privilege of using the principal is called the interest
(I).
The interest is usually calculated at a fixed yearly rate called rate per annum.
Sometimes interest rates are calculated on a half-yearly or quarterly, monthly or even
daily. The amount of interest depends on the length of time the money is deposited or
borrowed.
If the interest is always calculated on the original principal, it is called simple
interest. When the interest is added to the principal, the sum is called the amount (A).
Let us study the formula.
Simple interest (I) = P x R x T
Amount = P + I

Where: I stands for interest

P stands for principal
R stands for rate and
T stands for time
 Ooops! Take note of
these before answering
the activities

1. Do not write anything on this

material. Use another sheet of paper for
your answer.
2. Read and understand the directions.
3. Do not answer the next activity
unless the first activity is done.
4. Refer only to the Answer key when
done with the activities.
5. Remember, Honesty is the Best Policy.
 ACTIVITY CARD
 Provides different activities that will
engaged the learner to familiarize the skills
being develop in the kit.
 Along with these activities are solutions
and explanations in order to gain
understanding in focus skills.
ACTIVITY CARD

Problem 1.
A man borrows Php 3 500 for 2 years at
rate of 5% per annum. How much simple
interest does he need to pay at the end of 2
years?
 Change the rate
Solution:
into decimal
Simple Interest (I) = P x R x T
number by
I = Principal X Rate x Time
dividing it to 100.
I = Php 3 500 x 5% x 2 years
I = 3,500 x 0.05 x 2
I = 350
The simple interest after 2 years was Php 350.
Amunt (A) = Principal + Simple Interest

A = Php 3 500 + Php 350

A = Php 3 850
Therefore, He needs to pay Php 3,850 at the end of 2 years.
Problem 2.
Mr. Lopez deposited Php 8 000 in a bank which
pays in 4% interest in a year. What was the interest
after five years? How much money did Mr. Lopez
have after five years?
 Change the rate Solution:
into decimal Simple Interest (I) = PxRxT
numbers by
I = Principal x Rate x Time
dividing it to 100.
I = Php 8 000 x 4% x 5 years
I = 8 000 x .04 x 5
I = 1 600
The simple interest after five years was Php 1,600.
Amount (A) = Principal + Simple Interest

A = Php 8 000 + Php 1 600

A = Php 9 600
Mr. Lopez had Php 9,600 after five years.
Problem 3.
Father borrowed Php 5 000 at 12% interest
per year. How much interest was due after six
months? What would father’s current account
amount to after six months?
 Solution:
Take note that 6 Principal = Php 5,000 Rate = 12% or 0.12
months is equal Time = 6 months = 6/12 or ½ years
to 6/12 or ½
year. Simple Interest (I) = PxRxT
I = Principal x Rate x Time

I = Php 5,000 x 0.12 x ½

I = 600 x ½
I = 300
The interest due was Php 300.
Amount (A) = Principal + Interest

A = Php 5 000 + Php 300

A = Php 5 300
Father’s current account will be Php 5 300.
Problem 4.
To put up a grocery store, Mr. and Mrs.
Cruz borrowed Php 25 000 at a rate of 18% per
year for two years. What is the total amount
they will pay for the bank?
 Change the rate into
Solution: decimal number by
Principal = Php 25 000 Rate = 18% dividing it to 100.
Time = 2 years
Simple Interest (I) = P x R x T
I = Principal x Rate x Time

I = Php 25 000 x 0.18 x 2

I = 9 000
The interest due was Php 9 000.

Amount (A) = Principal + Interest

A = Php 25 000 + Php 9 000

A = Php 34 000
Mr. and Mrs. Cruz will pay the bank amounting to Php 34 000.
 ENRICHMENT CARD
 Enrichment card shows some enrichment
activities that will provide exercises that will
help them to clearly understood and master
the focus skill.
 The pupil can go back to activity card to
review on how to properly answer the activity.
 Take note that
ENRICHMENT the formula for
CARD Simple interest is
I = PxRxT
Activity 2:
Complete the table

Principal Rate Time in Years Interest

1. Php 15 000 2½% 3 __________

2. Php 3 500 3% 5 __________

3. Php 10 800 5% 1½ __________

 Are you having
fun?

Yes Nemo, I am eager to

do more!

That’s good. Then, keep on

moving
 ASSESSMENT CARD
 In order to evaluate their learning on the focus skills,
assessment card comes next.
 Assessment card provides another set of activity to be answer
by the pupil to measure their understanding in the focus skills.
 Again, the pupil can go back to activity card to review on
how to properly answer the activity.
 And right after answering the activity on assessment card, the
pupils themselves will check their own work using the answer
key card.
 Summary of the lesson was also placed for them to better
remember the focus skill.
 ASSESSMENT
CARD

Direction: Solve each of the following problems.

1. Nemo borrowed from Dory in the amount of Php 5 000 at 12 % interest. How much interest
was due after 2 years?
2. A bank charges 15.25 % per year simple interest on housing loans. If Marlin borrows Php 64 000
for a period of 10 years, find the total interest he has to pay?
3. Find the amount of interest earned in Php 8 000 invested by Mr. Ray at 5% annual simple
interest rate for 1 year.
4. Find the total amount of simple interest that is paid over a period of five years on a principal of
Php 30 000 at a simple interest rate of 6%.
5. Calculate the total worth of an investment after six months with a principal of Php 10 000 at a
simple interest rate of 3.5%.
 ANSWER KEY CARD

Activity 2 ASSESSMENT CARD

1. Php 1 125 1. Php 1 200
2. Php 97 600
2. Php 525
3. Php 400
3. Php 810 4. Php 9 000
5. Php 10 175
 We have already reached the end of the activities.
Fantastic! You made it! Congratulations! Did you get all
the answers right?
If you did, you’re EXCELLENT. If you did not, then, just go
back to the parts of the lesson that you did not
understand well and answer the activity again. Don’t feel
bad about doing it again it’s one way towards mastery.
Keep going!

Thank you Nemo. We learned a lot of

things regarding Simple Interest. Until
next time!

You’re welcome! It’s always my pleasure to help

you.
Turn to the next page to see the summary of its
main points to help you remember them better.
 RULES IN FINDING SIMPLE
INTEREST
To find simple interest, use the
formula I = P X R X T
Where R is the rate
P is the principal and
T is the time
 REFERENCE CARD
Reference card includes lesson
guides and books used in
constructing the SIMM.
 REFERENCE
CARD

Reference Books and Guides

Mathematics for Everyday Use 6
Apistar et.al. Soaring 21st
Century Mathematics 6
Lesson Guide in Elementary Mathematics
Grade 6
DepEd BEE with Ateneo De Manila University, Lesson Guide
in Elementary Mathematics 6
Job well done!
Till next time.
GODBLESS!
 Thank You!
GODBLESS
US ALL