Business Math
Presentation
•
Mathematics
•
1st - 3rd Grade
•
Easy
jay yasis
Used 8+ times
FREE Resource
10 Slides • 10 Questions
1
Business Math
Review Part I
by jay yasis
2
Target Competencies
At the end of the lesson, students will be able to:
* Solve and understand single discount and discount series; and
* Analyze Profit, Loss, and Break Even;
3
Open Ended
Why manufacturers give discounts to their buyers/retailers?
4
Multiple Choice
Which of the following statement illustrate discount.
The Infinity mall offers 3 days 20% off to all items.
Mang Ambo offer his last kilo of grapes for 100 pesos, its origina price is 150.
Kristine raised the cost of flower bouquet by 10% due to coming holiday.
All of the above
5
Open Ended
How much would be the amount of discount for a bag with a list price of 500 pesos subject to 10% discount?
6
How much would be the amount of discount for a bag with a list price of 500 pesos subject to 10% discount?
Solution:
Given: Discount rate = 10% ; List price = 500
Formula: Discount = List price * Discount rate
Discount = 500 * 10% (0.10)
Discount = 50
7
Open Ended
How much would be the discounted price for a bag with a list price of 500 pesos subject to 10% discount?
8
How much would be the discounted price for a bag with a list price of 500 pesos subject to 10% discount?
Solution:
Given: Discount rate = 10% ; List price = 500
Formula: Discount = List price * Discount rate
Discount = 500 * 10% (0.10)
Discount = 50
Discounted price = List price - amount of discount
Discounted price = 500 - 50
Discounted price = 450
9
Open Ended
What is the discount rate of the product if it sells at 250 pesos and sold at 150 pesos?
10
What is the discount rate of the product if it sells at 250 pesos and sold at 150 pesos?
Solution:
Given: Amount of discount= (250 - 150) ; List price = 250
Formula: Discount rate = (Amount of discount / list price) * 100
Discount rate = (100 / 250) * 100
Discount rate = 0.4 * 100
Discount rate = 40%
11
Open Ended
How much is the amount of discount of a cellular phone listed at 8, 000 if you are given 10% and 5% discount?
12
How much is the amount of discount of a cellular phone listed at 8, 000 if you are given 10% and 5% discount?
Solution:
Given: Discount rate 1= 10% ; Discount rate 2 = 5% ; List price = 8, 000
Formula: Discount 1 = List price * discount rate
Discount 1 = 8, 000 * 0.10
Discount 1 = 800
Discount 2 = (List price - discount 1) * discount rate
Discount 2 = (8,000 - 800) * 0.05
Discount 2 = 7, 200 * 0.05
Discount 2 = 360
Amount of discount = discount 1 + discount 2
Amount of discount = 1, 160
13
Open Ended
How much is the discounted price of a cellular phone listed at 8, 000 if you are given 10% and 5% discount?
14
How much is the discounted price of a cellular phone listed at 8, 000 if you are given 10% and 5% discount?
Solution:
Given: Discount rate 1= 10% ; Discount rate 2 = 5% ; List price = 8, 000
Formula: Discount 1 = List price * discount rate
Discount 1 = 8, 000 * 0.10
Discount 1 = 800
Discount 2 = (List price - discount 1) * discount rate
Discount 2 = (8,000 - 800) * 0.05
Discount 2 = 7, 200 * 0.05
Discount 2 = 360
Amount of discount = discount 1 + discount 2
Amount of discount = 1, 160
DP = List price - discount
DP = 8,000 - 1,160
DP = 6, 840
15
Poll
A notebook was bought at 14.00 from the suppliers. It was sold to the customer at 18.00, however, to increase sales a 10% discount was offered. The situation shows __________.
Profit
Break-Even
Loss
16
Open Ended
A notebook was bought at 14.00 from the suppliers. It was sold to the customer at 18.00, however, to increase sales a 10% discount was offered. How much is the projected profit for each notebook?
17
A notebook was bought at 14.00 from the suppliers. It was sold to the customer at 18.00, however, to increase sales a 10% discount was offered. How much is the projected profit for each notebook?
Solution:
Given: Discount rate = 10% ; Cost (from supplier) = 14 ; SP = 18
Formula: Discount = SP * discount rate
Discount = 18 * 0.10
Discount = 1.80
Profit = Revenue - Expenses
Profit = (18 - 1.80) - 14
Profit = 16.2 - 14
Profit = 2.20
18
Open Ended
Jay buys a local brand of watch from a supplier at ₱ 500.00 each. He sells them in his store at a regular price of ₱ 800.00. In operating his watch store, he also incurred other expenses like rent of space at ₱ 3,000.00 and salary of his worker for ₱ 5,000.00 during the month. If during the month of December, Jay sells 20 units of watches, what is the profit he gained or the loss he incurred in this transaction?
19
Jay buys a local brand of watch from a supplier at ₱ 500.00 each. He sells them in his store at a regular price of ₱ 800.00. In operating his watch store, he also incurred other expenses like rent of space at ₱ 3,000.00 and salary of his worker for ₱ 5,000.00 during the month. If during the month of December, Jay sells 20 units of watches, what is the profit he gained or the loss he incurred in this transaction?
Given: VC = 500 ; FC = 5000 + 3000 ; SP = 800
Sales = No of sold item * SP
Sales = 20 * 800
Sales = 16, 000
BE Analysis = Revenue - Expenses
BE Analysis = 16, 000 - ((500 * 20) + (5000 + 3000))
BE Analysis = 16,000 - 18,000
Loss = (2, 000)
20
Directions: carefully analyze the data on the given table. Identify if the situation shows Profit, Loss or Break-even.
Business Math
Review Part I
by jay yasis
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