LESSON EXEMPLAR IN MATHEMATICS 11

School: Malinao Ilaya INHS Grade Level Grade 11

LESSON Teachers: Rachel C. Gendrano Learning Area MATHEMATICS
EXEMPLAR Teaching Date: March 03,2022 Quarter 2nd Quarter
Teaching Time: 9:30am-10:30am No. of Hours 1 hour

I. OBJECTIVES

A. Content Standards
The learners demonstrate understanding of key concepts of simple interest.

B. Performance Standards
The learner is able to investigate, analyze and solve problems involving
simple interests.

C. Learning At the end of the lesson, you should be able to:

Competencies or 1. Define interest and simple interest
Objectives 2. Illustrate how to solve a simple interest
3. Solve problems involving interest

D. Most Essential
learning
competencies illustrates simple interest

E. Enabling Competencies
(If available, write the
attached enabling
competencies)
Simple Interest
II. CONTENT

III. LEARNING RESOURCES

A. References

Alternative Delivery Mode

a. Teacher’s Guide Pages
Quarter 2 – Module 1: Simple and Compound Interests pg. 1-10
Alternative Delivery Mode
b. Learner’s Material
Quarter 2 – Module 1: Simple and Compound Interests pg. 1-10
Pages
c. Textbook Pages

d. Additional Materials
from Learning
Resources
B. List of Learning Resources
for Development and
Engagement Activities

IV. PROCEDURES

Daily Routine:
A. Introduction
A. Opening Prayer
B. Greetings
C. Classroom Management
D. Checking of Attendance

Are you familiar with this saying, “Nothing is permanent except change”?
A big change happens to all of us. No one expected this, but we have to live
with it. Instead of taking it negatively let’s do our part to achieve a positive
result.
 At the end of the lesson, you should be able to:
1. Define interest and simple interest
2. Illustrate how to solve a simple interest
3. Solve problems involving interest

Learning Task 1: Warm up!

1. What is 35 increased by 8%?

2. What is 1500 decreased by 75%?

3. What is the percent of increase from 0.32 to 0.64?

Problem of the Day

B. Development
Maggie is running for class president. A poll revealed that 40% of her
classmates have decided to vote for her, 32% have decided to vote for her
opponent, and 7 voters are undecided. If she needs 50% of the vote to win,
how many of the undecided voters must vote for Maggie for her to win the
election?

Learning Task 2: What Am I!

Read and analyze the statements. Choose your answers among the
concepts/words listed below:

Principal Simple Interest Interests rate term

Write your answer on the blank provided for each number.

1. I am the _____________________ which is calculated by multiplying the
principal, the rate of interest and the time in years.
2. I am the _____________________, and simple interest is computed based on
me and the time in years.
3. I am the _______________________, usually I am in percent and also called as
the rate of increase of interest.
4. I am the _______________________, and I am the length of time between the
origin and maturity dates.

Lesson Presentation
There is an INTEREST when . . . . .
 We deposit money in the bank,
 We borrow money,
 We apply for loans, (car, house and etc), and
 We invest financial institution

Simple interest
It is a charged on the amount invested (or borrowed) on which the interest
charge is calculated only the on the principal

When to use simple interest?

 When it comes to buy anything
 Generally for loans for one year or less
 Car loans

Formula: (for Simple Interest)

I =Prt

Example 1:
Suppose that you invested an amount of Php 20,000 for 5 years and earn
7.5% simple interest. What is the simple interest earned?

Example 2:
 A Php 15,000 savings accounts earned Php 510 interest in 2 years. What was
the interest rate?

Example 3:
Mr. Wilson borrowed Php 120,00 in a bank with 6% interest rate. He was told
to pay an interest of Php48,600. What is the length of the time it will take for
him to pay the interest?

Formula: (for the Future or maturity value)

A= P(1+rt)

A- Future or Maturity Value= Interest I + Principal P

Example:
Find the maturity value for a loan of 30,000 to be paid in 9 months with
interest rate of 5.2%

Formula: (for the Present Value)

A
P=
(1+rt )

Example:
Find the present value of 320,000 in 4 months at 9% interest.

Learning Task 3: Try this!

C. Engagement
Direction: The class has been divided into groups of three to four students to
complete the group activity. Each group will solve the problem and explain it
in front of the class.

1. Jose wants to deposit his money to a bank account with simple and
annual interest of 1.2 %. He has an initial amount pf Php 130,000.
What is the expected amount he will earn after 3 years?

2. How long will Php 6,750 earn Php 556.88 at 11% simple interest?

3. What principal will earn Php 935.00 for 2 years at 8.5% simple
interest?

Learning Task 4: Choose Me!

D. Assimilation
Direction: Multiple Choice. Choose the letter of the best answer.
1. It is a charged on the amount invested (or borrowed) on which the interest
charge is calculated only the on the principal
A. Interest
B. Terms
C. Simple Interest
D. Rate

2.What is the formula to calculate simple interest?

A. I=Prt
B. I=Pt
C. I=P(1+rt)
D. P=Irt

3. What is the formula for finding the maturity value?

A. I=Prt
B. A=P(1+rt)
C. I=P(rt)
D. A=rtP
 4. Ariel takes a loan of 8,000 to buy a used truck at the rate of 9 % simple
Interest. Calculate the annual interest to be paid for the loan amount.
A. 700
B. 710
C. 720
D. 730

5. Steve invested 10,000 in a savings bank account that earned 2% simple

interest. Find the interest earned if the amount was kept in the bank for 4
years.
A. 700
B. 800
C. 900
D. 1000

6. In the formula, I= Prt, what is r?

A. Revenue
B. Rate of Interest
C. Repaid
D. Real Value

7. The simple interest formula is I = Prt. What does the t represent?

A. Time
B. Interest
C. Travel
D. Percent Rate

8. All of the following are used to find simple interest, EXCEPT?

A. Principal
B. Rate of Interest
C. Time
D. Future Value

9. Rate of interest must be converted into ________ before substituting to the

formula of finding the interest.
A. Fraction
B. Decimals
C. Mixed numbers
D. Percentage

10. Find I if P=62,300, r=5.25%, t=14.

A. 45790.00
B. 44790.00
C. 45790.50
D. 44790.50
V. REFLECTION
I understand that
__
I realize that
________________

Prepared by:

RACHEL C. GENDRANO
Mathematics Teacher

Noted by:
ALLAN E. DATA
Principal III