A DETAILED LESSON PLAN IN GENERAL MATHEMATICS

Topic: Simple Interest

Teacher: MYLA R. ROCIO

Time Frame: 1 – 2 hours

Grade Level: Grade 11

Content Area: Basic Business Mathematics

Quarter: 11

I. OBJECTIVES:

Content Standard: The Learner demonstrates understanding of the key concepts of

simple and compound interests, and simple and general annuities.

Performance Standard: The learner is able to investigate, analyze and solve problems
involving simple and compound interests and simple and general annuities using
appropriate business and financial instruments.

Learning Competencies: Computes interest, maturity value, future value, and present
value in simple interest and compound interest environment.
CODE: M11GM-IIa-b-1

Specific Objectives:
At the end of the lesson, the students should be able to:
1. Illustrates simple interest, principal, rate and time,
2. Computes simple interest.
3. Solve real life problems involving simple interest.

II. SUBJECT MATTER:

Topic: Simple Interest
References: General Mathematics LM, pp 135 - 143
Materials: TV, Laptop, Manila Paper, Pentelpen

III. PROCEDURES
Teacher’s Activity
A.Preparatory
1. Greetings
2. Checking of Attendance
3. Checking of Assignments
 4. Review
a) What are the Laws of Logarithms?
b) Why is it important to know the Laws of Logarithms?

5. Motivation
Activity 1: 4 pics 1 word
Mechanics:
a) The class will be divided into two groups.
b) The group will choose a RUNNER who will go in front to guess the word that is
presented by the pictures projected in the TV.
c) If the answer is correct, 1 point will be given to the group where the member
belongs.
d) The group who got 3 points will be the winner.

Questions:
1.What do you think does this words represent?
2.Do you have any idea of our lesson about?

B. Lesson Proper:
1. ACTIVITY 2: ACT IT OUT
a) Project the scenario on the TV.
Scenario: Your Mother borrowed money from her friend at the amount of
P10,000 then, after 2 years she paid her back with an additional amount of
P1,000 since she asked an interest rate of 5% for paying so long. What do you call
that additional amount of money?
b) Ask volunteer to act it out.
c) Explain that today’s class is a new opportunity for them to value money.

2. ANALYSIS
a. What is simple interest?
b. What are the three recipes involved in calculating simple interest?
c. Based on the situation, how do we calculate the simple interest?
d. Who can formulate the simple interest formula?
e. Who can show the solution on how to get the interest given by the scenario?
f. What if you need to find the principal, rate or time? How can you solve this kind
of problem?
g. Who can formulate the principal, rate or time formula?
h. Work through example on the board.
i. How do you solve problems related to simple interest?

3. APPLICATION
Group Activity:
a) The class will be divided into four groups.
b) The group will choose a REPRESENTATIVE who will pick a problem given
by the teacher.
c) Each group will solve the problem in the manila paper provided by the teacher.
 d) After solving, two groups will conduct a toss coin, the one who will get a head
will present their problem with solution in the class.
Problem 1:
Dave borrowed an amount of P1o,000 in a lending company with a simple interest
rate of 8% per year. How much simple interest will Dave pay after 2 years?
Problem 2:
Myra invested a certain amount at 10% annual interest rate. After 4 years the simple
interest she received is P4000. How much did she invest?

Question:
How can you apply the simple interest lesson in your daily lives?

4. ABSTRACTION/GENERALIZATION

1. What is Simple Interest?

2. What are the formulas applied in simple interest?
3. How to compute problems related to simple interest?
4. Why is it important to use the correct formula in solving?

5. ASSESSMENT
In a ½ crosswise, solve the following simple interest related problems:
1. Anna deposited P4,600 into a savings account that pays 5% simple annual
interest. In 5 years, how much interest will Anna earn?
2. Maria invested a certain amount at 10% simple interest per year. After 2
years, the interest she received amounted to P3000. How much did she
invested?
5. ASSESSMENT
Write in a 1 whole piece of paper.
6. ASSIGNMENT
A. Find the unknown priincipal P, rate r, time t. and interest I by completing the table.
Principal (P) Rate (r) Time (t) Interest (I)
(1) 2.5% 4 years P1,500
P36,000 (2) 18months P4,860
P250,000 0.5% (3) P275
P500,000 12.5% 10 years (4)

B. Solve the given problem:

5) How much interest is charged when P50,000 is borrowed for 9 months at an annual interest
IV. REMARKS:
rate at 10%?

Mastery Level: _____ = ____%

Instructional Decision: ________

V. REFLECTION:
Prepared by: MYLA R. ROCIO
Teacher 1