Bataan Peninsula State

University
Balanga City, Bataan

Mathematics Department
Course Syllabus
in
MATH 103
I. Subject Code: MATH 103
II. Course Title: Business
Mathematics
III. Intended For: BSBA, BSA,
BSHRM, ACT
IV. Credit Units: 3 Units
V. Course Description:

 This course is intended to refresh

the basic arithmetical and
mathematical concepts and skills
that will enable the students to
work successfully with numbers
and to familiarize the students
with the transactions and basic
concepts applied in business.
VI. General Objective:
 The study of this course serves as
a preparation for higher business
mathematics and related course.
This study will also build students’
skill in computation, analysis and
interpretation, thus giving them
the basic application of
mathematics in business of their
various fields of interests.
VII. Specific Objectives:
At the end of the semester, the students are expected to:
 Perform Basic operations
 Round off numbers
 Work with fractions
 Compute for base, rate and percentage
 Calculate percent of increase and decrease
 Apply principle of proportion
 Compute for cash discounts / discount problems
 Solve for mark up / mark down problems
 Calculate employee’s earning based on the given type
of compensation
 Compute simple interests
 Compute depreciation using different methods as
Straight Line, Service Hour, Declining Balance and
Double Declining Balance
 Apply the Rules in reconciling bank and checkbook
records
VIII. Course Outline:

 University Mission & Vision

Midterm (27 hrs.)

 Chapter 1 – Whole Numbers and
Decimals
 Concept of Numbers
 Rounding-off Numbers
 Fundamental Operations
 Chapter Exercises
Chapter 2 – Fractions
 Changing Improper fractions to
whole numbers
 Changing mixed numbers to whole or
mixed numbers
 Converting fractions to higher terms

 Converting fractions to lowest terms

 Operations on Fractions
Chapter 3 – Percentage, Ratio and Proportion
 Concept of Percent
 Converting Percent to Decimal
 Converting Decimal to Percent
 Converting Percent to Fraction
 Converting Fraction to Percent
 Percentage, Rate and Proportion
 Finding the Percentage
 Finding the Rate
 Finding the Base
 Percent of Increase and Decrease
 Finding the actual increase
 Finding the Percent of Increase
 Finding the actual Increase and the Number when the rate
is given
 Finding the Rate of Decrease
 Finding the Actual Decrease and the Number when the rate
is given
Chapter 4 – Pricing and Commercial Discounts
 Computing Markup Variables
 Computing Markup Rate based on Cost
 Computing Markup based on Cost
 Computing Markup Rate based on Selling Price
 Computing Markdown Variables
 Trade Discounts
 Single Discounts
 Discounts in Series
 Cash Discounts
 Computing Discount Period and Credit Period
 Computing for Cash Discounts
Finals (27 hrs.)
Chapter 5 – Employee’s Compensation
 Salary and Wages
 Salary
 Wages
 Piece-Rate Compensation
 Straight Piece Rate Compensation
 Incentives
 Commissions
 Straight Commission
 Commission and Bonus
 Commission Plus Override
 Salary Plus Commission
 Allowances
 Fringe Benefits
 Payroll Deductions
Chapter 6 – Simple Interest
 Simple Interest

 Approximate Time and Exact Time

 Ordinary Interest and Exact Interest

 Finding other Interest Variables

 Finding the Principal

 Finding the Rate

 Finding the Time

Chapter 7 – Depreciation
 The Concept of Depreciation

 Straight Line Method

 Service Hours Method

 Sum-of-the-Year’s Digit Method

 Declining Balance Method

 Double Declining Balance Method

Chapter 8 – Bank Reconciliation
 Savings and Current Accounts

 Forms of Bank Reconciliation

 Preparing Reconciliation Statements

IX. Methods of Teaching:
 Lecture-discussion, seatwork,
board work, group activities.
X. Course Requirements/
Assessments:
 Quizzes, long test and seat work will be
regularly administered to the students
through out the semester. At the end
of every nine weeks term examinations
will be given, the midterm and final
examinations. The coverage of each
term will be the topics discussed and
covered on the specified term.
XI. Criteria for Grading:
The following shall be used as the basis
for giving grades.
 Class Standing 70%
– Quizzes 50%
– Activities/Assignments/
Oral Participation 20%
 Term Examination 30%
(Mid-Term, Final)

The Final Grade will be computed based on

the 50 / 50 policy (50% of the Midterm
+ 50% of the Tentative Final Grade).
XII. References:
 Don, Eugene and Lerner, Joel, et
al, Basic Business Mathematics,
2000
 Pasion, Dante T., Business
Mathematics, 1982
 Mejia, Leila dP, et al, Business
Mathematics 2004