Module 4 Business Math
Module 4 Business Math
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
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
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
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
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
Level I Institutionally Accredited
3|MathematicsintheModernWorld LSPU-LB
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
Laguna State Polytechnic
University Los Banos
[email protected]
Contact No: 09175686969
Business Mathematics LSPU-LB
Business Mathematics LSPU-LB
Business Mathematics LSPU-LB