Lesson Plan in Business Mathematics

Lesson Plan for Teaching Demo Date: April 21,2017 Subject: Business Mathematics

I.

Grade: 11 Semester: 1st

Quarter: I Code: ABM_BM11BS-Ig-1

OBJECTIVES:

At the end of the lesson, the students are expected expected to: a. Define Mark-on, Mark- down and Mark-up b. Identify the difference between Mark-on, Mark- down and Mark-up II.

SUBJECT MATTER:

a.  Topic: Mark-on, Mark-on, mark-down, mark-down, and mark-up mark-up b. References: Zorilla, Business Mathematics, Vibal c. Materials: Projector Laptops/Netbooks Calculator Paper Pens Cartolina      

III.

PROCEDURE

A. Daily Routine Prayer Greetings Checking of attendance Reminder on classroom rules/policies    

 Teacher will will ask students students to pick pick one mobile mobile phone:

A.

B.

C.

 The following following questions questions will be be asked? 1. Why did you choose that phone? 2. Do you think it is a smart choice? 3. What have you noticed about their prices? STATEMENT OF THE AIM: o Mobile phones are priced differently  o Pricing of products may vary as to Mark-on, mark-down, and mark-up

Lesson Plan for Teaching Demo C. Activity

 The teacher will group students into six; the group will be given five (5) minutes to finish the activity. Each group needs to answer the problem in order to complete the puzzle infront. Instructions: Read and analyse the problem below. Tip: observe superscripts, it will help you answer the questions. Gina Lingan’s Business Gina Lingan is an outstanding student of Turac National High School who does buy and sell on her spare time. She buys and sells anything she believes her classmates or schoolmates would buy. 1 She discovered DiyanSport Bag bought for P 350.00 each and she wanted to earn 100.00 each bag. 2 Since Gina Lingan is good in choosing bag designs, DiyanSport Bag became trending and in demand in Turac Nation High School, so Gina Lingan increased the selling price of the bags to P530.00. Because all the students bought DiyanSport Bags, their bags seems to be a part of their uniform, so the demand became low. 3 Gina Lingan, wanting to sell her last 3 stocks of DiyanSport Bags, made a 40% off promo. Questions: a. What is the business of Gina Lingan? b. How much is the selling price of the DiyanSport Bags? c. How much is her additional earnings when the demand increased? d. How much was the discount of the bags when the demand decreased?

 Teacher will give the correct answer. D. Analysis 

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 The teacher will define what is cost, selling price, mark-up or markon, and mark-down.  The teacher will solve the problem on how to compute for the original selling price or new selling price given the mark-on, mark-up, markup cancellation and mark-down values.  The teacher will differentiate mark-on, mark-up and mark-down based on the problems presented. Mark on: amount added to the cost to arrive at the selling price Cost P350.00 Mark on (add) 100.00 Selling Price 450.00

Mark UP : amount added to the original selling price Original SP Mark up (add) New Selling Price

P450.00 80.00 530.00

Mark down : amount added to the original selling price New SP Mark down(less) Discounted SP

530x40%

P530.00 212.00 318.00

Lesson Plan for Teaching Demo

E. Abstract:

 The teacher will define and differentiate mark-on, mark-up, and mark-down. Mark-on  refers to the desired earnings added to the cost of a product. Mark up  refers to the additional desired earnings added to the original selling price of a product. Mark-down  refers to the discount or deduction to the new selling price or original selling price of a product. 

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 Therefore, mark-on happens before mark-up and mark-down. It is the primary/ initial desired earning added to a cost of product. On the other hand, mark-up happens after mark on because it is an additional desired earning. While mark-down happens after mark-on or mark-up, it is not added, rather subtracted to selling price of a product. Mark-down is for discounted items.

F. Application:

 The teacher will give another group activity to be done by the same group. The group who will have the highest points will win.  The following shows the prices of James Reid’s Online shoe shop:

IV.

EVALUATION:

 Teacher will give students an essay quiz with a minimum of five sentences (10 pts.) Give examples. Differentiate Mark-on, mark-down, and mark-up. V.

ASSIGNMENT  The teacher will instruct students to have an observation of a mall regarding its old, last, or damage stocks left. Let them make an insights based on what they have observed with pictures attached for documentation. 

Prepared by:

MS. DANA JIA A. SORIANO SHS Teacher Applicant