Module 4 Business Math

Republic of the Philippines
Laguna State Polytechnic University

ISO 9001:2015 Certified Province of Laguna
Level I Institutionally Accredited

LSPU Self-Paced Learning Module (SLM)
Course BUSINESS MATHEMATICS
Sem/AY Second Semester A.Y. 2021-2022
Module No. 2
Lesson Title MODULE 4 – COMPUTATION OF COMMISSION
Week
3
Duration
Date
This module aims to:
Description 1. Understand “Percentage” and its corresponding computations
of the 2. Learn the concept of ratio and proportion
3. Grasp basic knowledge of the basic types of proportion
Lesson

Learning Outcomes

Intended Students should be able to meet the following intended learning outcomes:
Learning • Know how to compute basic commission
Outcomes • Illustrate different types of commissions
• Solve problems involving commissions
• How to compute down payment of sorts
• Enumerate the benefits of a wage earner
Targets/ At the end of the lesson, students should be able:

Objectives • Know the basics of how to earn and the concept of “commission”
• Learn the importance of salaries, wages and the likes

Student Learning Strategies

Online Activities A. Online Discussion via Google Meet
(Synchronous/ You will be directed to attend in a Three-Hour class discussion on the
Asynchronous) introduction of Mathematics of Investment. To have access to the Online
Discussion, refer to this link: ____________________.

The online discussion will happen on ____________________.
1|ElementaryStatistics LSPU-LB


ISO 9001:2015 Certified Province of Laguna
(For further instructions, refer to your Google Classroom and see the
schedule of activities for this module)
Video recordings of lecture will also be sent for students to watch and
comply with.

ELECTIVE 1 COURSE GUIDE

Course Business Mathematics
Sem/AY Second Semester 2021 - 2022
.
COURSE OBJECTIVES
At the end of the course, you should be able to:
1. Perform operations: addition, subtraction, multiplication and division accurately in
different areas.
2. Analyze and solve problems on important factors in managing a business: buying products
and selling products.
3. Apply appropriate mathematical operation in computing salaries and wages.
4. Solve problems in real-life business situations, present data in graphical form, and analyze
them.
2|ElementaryStatistics LSPU-LB

Laguna State Polytechnic

Province of Laguna University
ISO 9001:2015 Certified

COURSE OUTLINE

COURSE CONTENT/OUTLINE
Week Course Content
Self-Introduction
1 Orientation Course Orientation
Discussion of House Rules and Course Syllabus
Unit 1. Fundamental 1.1 Fundamental Operations on Fractions,
2
Operations on Fractions, Decimals, and Percentages
Decimals, Percentages Ratio
3 and Proportion 1.2 Ratio and Proportion
2.1.1 Introduction
4 2.1.2 Mark - on and Mark - up
2.1.3 Mark - down
5 Unit 2. Buying and Selling
2.1.4 Mark - up and Margin
Products
2.1.5 Trade Discount
2.1.6 Cash Discount
6
2.1.7 Profit or Loss
2.1.8 Break - Even Analysis
2.2.1 Introduction
Unit 2.2 Interest and
7 2.2.2 Simple Interest
Commissions
2.2.3 Exact and Ordinary Interest
1|MathematicsintheModernWorld LSPU-LB


2.2.4 Maturity Value

8 2.2.5 Simple Discount
2.2.6 Promissory Notes
2.2.7 Compound Interests
9 2.2.8 Mortgages and Amortization
2.2.9 Interest through Credit Card Payments
2.2.10. Interest on Installments
10 2.2.11 Loans
2.2.12. Commissions
11 MIDTERM EXAMINATION
3.1 Introduction
12
3.2 Salary and Wages
Unit 3. Salaries and Wages 3.3 Computation of Salaries
3.4 Computation of Wages
13 3.5 Gross Earnings and Net Earnings
3.6 Employee Benefits
4.1 Review of Statistics
14 4.2 Organizing of Raw Data
4.3 Charts and Graphs
15 Unit 4. Presentation and
4.4 Descriptive Statistics
Business Data Analysis
4.5 Inferential Statistics
16
4.6 Use of Software Programs
17 FINAL EXAMINATION

COURSE MATERIALS/READINGS/RESOURCES
1. Francis, Andre (2007). Business Mathematics and Statistics 6th edition.
https://www.pdfdrive.com/business-mathematics-and-statistics-sixth-
edition_introduction-to-e9805286.html
2. Fundamental of Business Mathematics and Statistics. (2014). The Institute of Cost
Accountants of India.. https://www.pdfdrive.com/paper-4-fundamentals-of- business-
mathematics-statistic-e14978188.html
3. Sterling, Mary Jane. (2008). Business Math for Dummies.
https://www.pdfdrive.com/business-math-for-dummies-for-dummies-business-
personal-finance-e159811100.html
COURSE REQUIREMENTS
This module is designed to be studied at your own pace. Read and study the resources
guided by the Course Syllabus. You are expected to spend 3 hours per week, but we
encourage you to put more time to maximize learning.
2 | M a t h e m a t i c s i n t h e M o d e r n W o r l d LSPU-LB
A. Participation in the Discussion
Almost all course work will be done asynchronously. All discussions, activities, and
quizzes will be included in the module. Students are required to join the assigned Google


classroom for the section. Collaborative exercises will be posted in the group, this is help
students work together to understand the lesson.

Every week a discussion thread will be posted, and the students are required to answer
the question for the week. They should also reply at least two substantial responses to
the answers of other students. Substantial Responses should be meaningful and relevant
to the topic. It should contain 40-100 words. Your contributions will be graded as part of
your recitation grade. You will automatically be given full credit for participation if you
are able to participate in the online discussion. The deadline for this is every Thursday,
11:59pm.

A Question thread will also be posted. This thread is for clarification purposes. Students
can write their questions relating to the topic for the week.

B. Problem Set and Performance Task
Since this is a accounting course, you are expected to solve Problem Set but there will be
Performance Tasks for some topics. Problem Set is a tool to measure how well you
understand the topic. It is composed of problems that differ in the level of difficulty. You
are expected to show what are your basis for these.

In the event that you are having difficulties in solving the problem set, you may consult me
through private messaging or electronic mail.
3|MathematicsintheModernWorld LSPU-LB

Province of Laguna
All questions will be entertained through our Google classroom and/or Facebook
messenger.

C. Examinations
There will be two exams for this course. It will be scheduled on __________________ and
_______________________. For this certain requirement, you need to be connected to the
internet. The exam will be online, and the students will simultaneously answer the
questions. The duration of the exam is one and a half hour only.

Grading scheme

Participation 20
Quizzes 25
Problem set and Performance 25
Task
Exams 30

Prepared by:

Restituto B.Sumanga
College of Arts and
Sciences
University Los Banos
[email protected]
Contact No: 09175686969

Business Mathematics LSPU-LB


Province of Laguna


Province of Laguna



Province of Laguna



Province of Laguna



Province of Laguna



Province of Laguna



Province of Laguna



Province of Laguna



Province of Laguna
1 | Business Finance LSPU-LB


Province of Laguna


Province of Laguna

Province of Laguna

LSPU SELF-PACED LEARNING MODULE: TECHNOLOGY FOR TEACHING AND LEARNING

Province of Laguna

LSPU SELF-PACED LEARNING MODULE: TECHNOLOGY FOR TEACHING AND LEARNING

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Republic of the Philippines

Laguna State Polytechnic University

Targets/ At the end of the lesson, students should be able:

Republic of the Philippines

Laguna State Polytechnic University

Republic of the Philippines

Laguna State Polytechnic

Level I Institutionally Accredited

Republic of the Philippines

Laguna State Polytechnic

Level I Institutionally Accredited

2.2.4 Maturity Value

Republic of the Philippines

Laguna State Polytechnic

students work together to understand the lesson.

Republic of the Philippines

Laguna State Polytechnic University

Republic of the Philippines

Laguna State Polytechnic University

Business Mathematics LSPU-LB

Republic of the Philippines

Laguna State Polytechnic University

Business Mathematics LSPU-LB

Republic of the Philippines

Laguna State Polytechnic University

Republic of the Philippines

Laguna State Polytechnic University

Business Mathematics LSPU-LB

Republic of the Philippines

Laguna State Polytechnic University

Business Mathematics LSPU-LB

Republic of the Philippines

Laguna State Polytechnic University

Business Mathematics LSPU-LB

Republic of the Philippines

Laguna State Polytechnic University

Republic of the Philippines

Laguna State Polytechnic University

Business Mathematics LSPU-LB

Republic of the Philippines

Laguna State Polytechnic University

1 | Business Finance LSPU-LB

Republic of the Philippines

Laguna State Polytechnic University

2 | Business Finance LSPU-LB

Republic of the Philippines

Laguna State Polytechnic University

3 | Business Finance LSPU-LB

LSPU SELF-PACED LEARNING MODULE: TECHNOLOGY FOR TEACHING AND LEARNING

LSPU SELF-PACED LEARNING MODULE: TECHNOLOGY FOR TEACHING AND LEARNING

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