B8 Comp WK8
B8 Comp WK8
0547824419
SECOND TERM
WEEKLY LESSON NOTES – B8
WEEK 8
Week Ending: 26-05-2023 DAY: Subject: Computing
Duration: 60mins Strand: Productivity Software
Sub Strand: Introduction to Electronic
Class: B8 Class Size:
Spreadsheet
Content Standard: Indicator: Lesson:
B8.2.4.1. Demonstrate How to Use the Spreadsheet B8.2.4.1.2 Demonstrate how to create
(using functions and complex formulas) complex formulas 1 of 2
Performance Indicator: Core Competencies:
Learners can demonstrate how to create complex formulas CC8.2: CP6.1
Reference: Computing Curriculum Pg. 32
Main (35mins)
Finding Percentages,
To create a formula for finding a percentage in Excel, you can use the
following steps:
1. Determine the numbers you want to calculate the percentage of. For example,
if you want to find 20% of 100, you have a base number of 100 and a
percentage of 20%.
2. Decide where you want to display the result. Choose a cell where you want the
percentage result to appear.
3. In the selected cell, start typing the formula. Begin with an equals sign (=) to
indicate that you're entering a formula.
4. Enter the base number followed by the multiplication operator (*). In our
example, the base number is 100, so you would enter "100*".
5. Next, enter the percentage value divided by 100. Since percentages are
represented as decimals in calculations, divide the percentage value by 100. In our
example, the percentage is 20%, so you would enter "20/100".
6. Close the formula with a closing parenthesis ")". The complete formula would
look like "=100*(20/100)".
7. Press Enter to calculate the result. The cell will display the calculated
percentage. In this case, the result would be 20, indicating 20% of 100.
Commissions
To create a formula for finding commissions in Excel, you can use the
following steps as an example:
1. Determine the commission rate or percentage. This is the rate at which the
commission is calculated. For instance, let's say the commission rate is 5%.
2. Identify the sales amount on which the commission is based. For example, if the
sales amount is ₵1,000, you'll use this value in the formula.
3. Decide where you want to display the commission result. Choose a cell where
you want the commission amount to appear.
4. In the selected cell, start typing the formula. Begin with an equals sign (=) to
indicate that you're entering a formula.
5. Enter the sales amount followed by the multiplication operator (*). In our
example, the sales amount is ₵1,000, so you would enter "1000*".
7. Close the formula with a closing parenthesis ")". The complete formula would
look like "=1000*(5/100)".
8. Press Enter to calculate the result. The cell will display the commission amount.
In this case, the result would be ₵50, indicating a 5% commission on a ₵1,000
sale.
Interest Rates
To create a formula for finding interest rates in Excel, you can follow these
steps:
1. Determine the necessary information for calculating the interest rate. You will need the
principal amount (the initial sum of money), the time period (in years), and the total
amount (including the interest) at the end of the time period.
2. Decide where you want to display the interest rate result. Choose a cell where you want
the interest rate to appear.
3. In the selected cell, start typing the formula. Begin with an equals sign (=) to indicate
that you're entering a formula.
4. Enter the formula for calculating the interest rate. The formula for finding the interest
rate is typically derived from the compound interest formula:
=((Total Amount / Principal Amount)^(1/Time Period) - 1) * 100
5. Replace "Total Amount" with the cell reference containing the total amount at the end
of the time period.
6. Replace "Principal Amount" with the cell reference containing the initial principal
amount.
7. Replace "Time Period" with the cell reference containing the time period in years.
8. Close the formula with a closing parenthesis ")". The complete formula would look like:
=((B2/B1)^(1/B3) - 1) * 100
9. Press Enter to calculate the result. The cell will display the interest rate as a percentage.
Reflection (10mins)
Use peer discussion and effective questioning to find out from learners
what they have learnt during the lesson.
Main (35mins)
Reflection (10mins)
Use peer discussion and effective questioning to find out from learners
what they have learnt during the lesson.