11

General Mathematics
Activity Sheets
Quarter 2 – MELC 4
Solving Problems Involving Simple and
Compound Interest

REGION VI – WESTERN VISAYAS

General Mathematics 11
Activity Sheet No. 04
First Edition, 2020

Published in the Philippines

By the Department of Education
Region 6 – Western Visayas

Republic Act 8293, section 176 states that: No copyright shall subsist in
any work of the Government of the Philippines. However, prior approval of the
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exploitation of such work for profit. Such agency or office may, among other
things, impose as a condition the payment of royalties.

This Learning Activity Sheet is developed by DepEd Region 6 – Western

Visayas.

ALL RIGHTS RESERVED. No part of this learning resource may be reproduced

or transmitted in any form or by any means electronic or mechanical without written
permission from the DepEd Regional Office 6 – Western Visayas.

Development Team of General Mathematics Activity Sheet

Writer: Raymond Peñafiel

Illustrator: Raymond Peñafiel

Layout Artist: Rutchel J. Ngipen

Schools Division Quality Assurance Team:

Ligaya Montelijao, EPS-Mathematics
Leila G. Valencia, EPS-LR
Jezereel Grace G. Tiron
Bernie P. Alcedo
Division of Iloilo City Management Team:
Ma. Luz M. De los Reyes, SDS
Ernesto F. Servillon Jr., ASDS
Arlo L. Villalva, CID Chief
Dr. Jerry M. Lego, SGOD Chief
Leila G. Valencia, EPS-LR
Ligaya H. Montelijao, EPS-Mathematics
Regional Management Team
Ma. Gemma M. Ledesma,
Dr. Josilyn S. Solana,
Dr. Elena P. Gonzaga,
Mr. Donald T. Genine,
Mr. Adonis Mosquera
Mrs. Rhodalyn Delcano

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Introductory Message
Welcome to General Mathematics 11!

The Learning Activity Sheet is a product of the collaborative efforts of the

Schools Division of Iloilo City and DepEd Regional Office VI - Western Visayas
through the Curriculum and Learning Management Division (CLMD). This is
developed to guide the learning facilitators (teachers, parents and responsible
adults) in helping the learners meet the standards set by the K to 12 Basic
Education Curriculum.

The Learning Activity Sheet is self-directed instructional materials aimed

to guide the learners in accomplishing activities at their own pace and time using
the contextualized resources in the community. This will also assist the learners in
acquiring the lifelong learning skills, knowledge and attitudes for productivity and
employment.

For learning facilitator:

The General Mathematics Activity Sheet will help you facilitate the
teaching-learning activities specified in each Most Essential Learning Competency
(MELC) with minimal or no face-to-face encounter between you and learner. This
will be made available to the learners with the references/links to ease the
independent learning.

For the learner:

The General Mathematics Activity Sheet is developed to help you

continue learning even if you are not in school. This learning material provides you
with meaningful and engaging activities for independent learning. Being an active
learner, carefully read and understand the instructions then perform the activities
and answer the assessments. This will be returned to your facilitator on the agreed
schedule.

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 Quarter 2, Week 2

Learning Activity Sheets (LAS) No. 4

Name of Learner: ___________________ Grade and Section:

_________________
Date: _____________________________

GENERAL MATHEMATICS ACTIVITY SHEET

Solving Problems Involving Simple and Compound interest

I. Learning Competency with Code

Solves problems involving simple and compound interests. (M11GN-IIb-2)

II. Background Information for Learners

In the previous activities, you have learned the basic concepts on simple
and compound interests and how to compute problems with present value,
future value, rate and time as unknown. In this part we will focus only on
simple and compound interest problems.
Example 1: Michael’s father was hospitalized. For this, Michael had to borrow
₱25,000 from the bank payable for three years with 5% annual interest rate.
How much will he pay as additional charge?
Solution: Given:
Principal (P) = ₱25,000
Rate of Interest (r) = 5% = 0.05
Time (t) = 3yrs
I = Prt
I = ₱25,000 (0.05) (3)
I = ₱3,750
Therefore, Michael will be paying an additional amount of ₱3,750 for 3 years.
Example 2: Find the interest earned by Dominic after he invested his
₱40,000 at the end of 3 years at 5% compounded bimonthly.
Solution: Given:
P = ₱40,000
t = 3 years
r = 5% or 0.05
n (bimonthly) = 6

( )
F= P 1+
r nt
n

( )
6 (3 )
0.05
F= ₱ 40,000 1+
6
F = ₱40,000(1.1611)
F = ₱46,444
 
I=F—P
I = ₱46,444— ₱40,000
I = ₱6,444

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 Therefore, Dominic earned an interest of ₱6,444 after 3 years.

III. Accompanying DepEd Textbook and Education Sites

General Mathematics Learner’s Module pages 144-150

IV. Activity Proper

General Directions: In answering the exercises in the Learning Activity
Sheet (LAS), please be reminded not to write anything here. All answers must
be written in a separate sheet of paper. Read each problem carefully and
answer it systematically. If solution is required, encircle your final answer.
Exercise 1: Andrew borrowed an amount of ₱60,000 given an interest rate of
5% payable for 3 years. Find the interest.
Exercise 2: If Pauline deposited ₱4,000 into an account paying 6% annual
interest compounded quarterly, how much money will be in the account after
5 years?
Exercise 3: Jericho processes a student loan from the Educational
Assistance Foundation to pay for his tuition fee expenses this year. Find the
interest on the loan if he borrowed ₱20,000 at 3% for 1 year.
Exercise 4: Andrea opened a savings account and deposited an amount of
₱100,000. The account earns 0.25% interest compounded annually. Find
the compound interest after 5 years. How much is her total money after 5
years?

Guide Questions:
1. What clues are needed to determine whether the problem should be
solve using simple or compound interest?
2. What are the steps that you need to follow in solving for the simple
interest?
3. What are the steps that you need to follow in solving for the compound
interest?

V. Reflection
Instruction. Reflect on the following questions and write your response on your
journal.
1. What important idea/s have you learned from the learning activity sheet?
2. What important value/s has been embedded to you by the lesson?
3. What are the advantages and disadvantages of simple and compound
interest?
4. In what particular part of your daily life can you apply or use the lessons
learned?

VI. Answer Key

Exercise 1: ₱9,000 2
Exercise 2: ₱5,387.42
Exercise 3: ₱600
Exercise 4: ₱1,256.27 ; ₱101,256.27