Module 1, Lesson 3: Relationships among Fractions, Decimals, and Percents

I. Overview:
 This lesson will demonstrate an understanding of key concepts of functions.
II. Objectives:
 Express:
a. fractions to decimal and percent forms
b. decimals to fractions and percent forms
c. percent to fractions and decimal forms
III. Content Outline:
Please take time to read and understand this part because all graded activities and quizzes will
be coming from these contents.
IV: ACTIVITY

A. Identify the following:

1. It is the amount that is added to the original price to obtain the selling price.
2. It is the amount that is subtracted from the original price to obtain the selling price.
3. This is the ratio of the increase in price to the original price.
4. This is the ratio of the markdown to the original price.
5. This is the ratio of the markup to the selling price.
B. Solve each problem.
1. A book store decides to sell a book at a price that is 30% higher than its original cost of
₱125. How is the mark up?
2. A computer software retailer charges a markup rate of 40%. Find the selling price of a
computer game that the retailer acquired for ₱1,600.
V: Assignment

A. Find the values of the missing variables, which are defined as follows.
 S is the selling price;
 M o is the original price;
 M u is the markup;
 M d is the markdown;
 M g is the gross margin; and
 r is the markup, markdown, or gross margin rate.

Mo
Mo
₱150
₱260
Mu
Mu ₱78
₱105
S
S
r
r

Mo Mo
₱300 ₱300
Mu Mu
₱57
S S
₱501
r r

Mo
₱720
Mu

S
₱500
r