SERAPION C. BASALO MEMORIAL COLLEGES, INC.
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DETAILED LESSON PLAN IN GENERAL MATHEMATICS
LESSON 4.1: SIMPLE INTEREST
Prepared by: Checked by:
NELLY ROSE C. MORTIZ JOHN LESTER A. CALANDINGAN
Pre-Service Teacher Cooperating Teacher
I. OBJECTIVES
At the end of the lesson, the learners are expected to:
a. Define and understand the concept of simple interest.
b. Value the importance of simple interest in dealing with business matters.
c. Solve problems involving simple interest.
II. SUBJECT MATTER
Lesson: Simple Interest
References: General Mathematics pp. 186-195
Author: Orlando A. Oronce
Materials: Cartolina, marker, masking tape, glue, manila paper
III. PROCEDURES
Teacher’s Activity Learner’s Activity
Preliminary Activities
a. Classroom Management
“Kindly pick up some pieces of trash and
properly arrange your chairs. People at the (The students will pick up the trash,
back, kindly move forward please, faster in arrange their chairs and move forward)
5, 4, 3, 2, 1.”
b. Prayer
(Who wants to lead the prayer? Call a (The students stand and pray)
student. “In the name of the Father, and of the
Son, and of the Holy Spirit, Amen….
Angel of God my Guardian Dear, to
whom God’s love commits me here. Ever
this day be at my side, to light and guard,
to rule and guide. Amen.
In the name of the Father, and of the Son,
and of the Holy Spirit, Amen.”
c. Greetings
Good afternoon class! Good afternoon, Miss Nelly!
“You may now take your sit.” “Thank you, Ma’am”
d. Checking of Attendance
“Class Secretary, do we have any
absentees for today? (The class secretary will answer)
“Please kindly list down all the absentees
this afternoon and give it to me right after (Classroom secretary will list down the
our discussion!” absentees)
A. ACTIVITY
Review
“Okay class, can you recall on how to convert
percentage to decimal? (Some student answered)
Decimal to Percentage
Percentage to Decimal
The % is a percent sign, meaning divided by 100, so
25% means 25/100, or ¼ or 0.25.
- To convert a percentage to a decimal, just divide
the number by 100
So, 25% is 25/100, or 0.25.
- To convert a decimal to a percentage, multiply
the number by 100 (just move the decimal point 2
places to the right).
(Students will also give example of
For example, 0.065 x 100 = 6.5% and 3.75 x 100 =
Decimal to Percentage and Percentage
375%
to Decimal convertion)
“Very good.”
Motivation (It’s a Race!) (5 minutes)
Instructions:
The teacher will group the students into two (2)
by dividing the class. The students located in
the right side will be Group 1 and the students
located in the left side will be the Group 2.
Twenty (20) rolled paper will be placed in each
box for each member of the group to pick.
The students’ task is to convert as many
decimal to percentage and percentage to
decimal within 3 minutes.
The group who gets the most correct answer
will be the winner and will receive a
corresponding prize.
1. 89% 11. 0.48
2. 100% 12. 0.93 (Students will calculate the following
3. 40% 13. 0.66
decimal to percentage and percentage
4. 19% 14. 94%
to decimal)
5. 0.65 15. 85%
6. 0.83 16. 37%
7. 41% 17. 81% (Students participated)
8. 36% 18. 32%
9. 0.48 19. 0.35
10. 0.93 20. 0.56
Activity
Group Activity:
Instructions:
ù The teacher will divide the class into 4 groups
through counting.
ù Each group will select one representative to (Students will group themselves into four
draw/pick their scenario. groups)
ù Each group will be given 5 minutes for their (Representative will pick a scenario for
preparation, and the remaining time 5 minutes
their group to demonstrate)
is alloted for their presentation.
ù Each group will demonstrate a role play based
on their respective assigned scenario.
ù Each group will be given a grade based on the
following criteria.
Criteria:
Interpretation -10
Cooperation - 5
Presentation – 5
Total-20 points
Given:
Group 1: Mario borrows P10, 000.00 from his friend P= 10,000, r=0.02, t=5 years
Alex with an interest of 2% and he promises to pay it Find: I
after 5 years. What is the interest paid by Mario after 5 Solution:
years? I = Prt
I = (10,000)(0.02)(5)
I = 1000
Group 2: Pinky lends money to Jayda with an interest Given:
of 10% for 3 years. After the 3 years, Jayda pays r=0.10, t=3 years, I=600
600.00 interest, how much money did Pinky lends to Find: P
Jayda? Solution:
P= I/rt
P = 600/0.10(3)
P= 2000
Group 3: Myrna asked her friend Amy for a favor, to Given:
let her borrow P 7, 000.00 to pay the hospital bills of P= 7,000, t=1 years, I=500
her son and promise to pay it after a year. Amy let her Find: r
borrow and told her to pay P500.00 interest after 1 Solution:
r = I/Pt
year. What is the rate of interest that made Myrna
r = 500/7000(1)
pay? r = 0.071 or 7.1 %
Given:
Group 4: Jade wants to have a loan of P20, 000.00, P= 20,000, r=0.10, I=10,000
the banks will charge it with 10% interest and expects Find: t
Solution:
Jade to pay P10, 000.00 interest. How long does it
t = I/Pr
take for Jade to pay the loan? t = 10,000/20,000(0.10)
t=5
B. Analysis
The teacher will ask the following questions: (Some student will answer)
1. What formula did you use to find simple
interest? (Some student will answer)
2. Why is there interest when borrowing money? (Some student will answer)
3. How did you solve the problems?
C. Abstraction
Presentation of the lesson
“Alright, now that you are familiar with the word
interest..
“Let’s first now define simple interest.
Kindly read (calls a student’s name).”
Simple Interest
Is charged only on the loan amount called the
principal. It is calculated by multiplying the principal
by the rate of interest by the number of payment
periods in a year.
Simple Interest Formula
I = Prt
I
(a) P =
rt
I
(b) r =
Pt
I
(c) t =
Pr
Example 1:
Orly invested P100,000.00 to an account that pays a
simple interest of 3% annually. Find the interest
earned after 2 years.
To Solve:
1st identify the given,
Principal (P) - P100,000.00
Rate of interest (r) - 3%
Number of payment Periods (t) - 2years
I=?
So, the formula to solve it, is,
I = Prt
I= P100,000.00 (3%)(2)
I= P6,000.00 (Simple interest after two years.)
(The students will solve the problem in
Now, it’s your turn to solve. example 2)
Given:
Example 2: Ann opens a saving account with a P= 6, 700 , r=0.015, t= 10 years
deposit of P6,700.00. She will earn 1.5% interest each Find: I
year on her money. How much interest will she earn Solution:
over a period of 10 years? I = Prt
I = (6, 700)(0.015)(10)
I = 1005
D. Application
In a ½ sheet of paper. Answer the question.
1. What is the relevance of studying simple
interest in your daily lives?
IV. EVALUATION
In a ½ sheet of paper. Solve the following problems. Show your solutions.
1. Calculate the simple interest for a principal of P10, 000.00 at an annual interest rate of
5% for 3 years.
2. Nisi left her P 40, 000.00 prize money in the bank and after 2 years her bank account
had and interest of P4, 000.00. What was the rate of interest offered by the bank?
3. An investor opens a savings account that pays 4.5% interest rate. She will leave the
money there for 6 years and notice that the account now contains and interest of P5,
400. 00. How much was the invested amount?
4. Adam borrows P6, 600.00 from his aunt at 1.5% in simple interest rate; he promises to
pay P3, 000.00 interest at the end of the term. How long did Adam borrowed the money
before paying it?
V. ASSIGNMENT
In a ½ sheet of paper.
1. Jun is investing an amount with 15% simple interest rate for 3 years. If he intends to invest
P48,200.00, what will be the simple interest gained after the term?