A DETAILED LESSON PLAN

BUSINESS MATHEMATICS

I. OBJECTIVES
A. Content Standards The learners demonstrate an understanding of
the key concepts of commissions.
B. Performance Standards The learners should be able to analyze and
solve problems on different types of
commissions.
C. Learning Competencies/Objectives a. differentiate between down payment,
gross balance, and current increase
balance,
b. calculate a down payment, gross
balance, and current increased balance;
ABM_BM11BS-IIa-13,
c. appreciate the importance of solving
problems involving a down payment,
gross balance, and current increased
balance.
II. CONTENT DOWN PAYMENT, GROSS BALANCE, AND
CURRENT INCREASED BALANCE

III. LEARNING RESOURCES

A. References 1. Quarter 2 – Module 2: Down Payment,
Gross Balance, Current Increased
Balance, and Solving Interests and
Commissions

2. Business Mathematics
Teaching Guide for Senior High School –
CHED/PNU
1. Learner's Materials page/s 5-17

2. Textbook page/s 119-121

B. Teacher’s Materials  TV
 Laptop
 PowerPoint Presentation
(Slides and pictures)

IV. PROCEDURES
Teacher’s Activity Learners’ Activity

Good afternoon, students! Good afternoon, Sir.

Let us start our class with a prayer. (The students will pray.)
(The teacher will lead the prayer)

Before you take your seats, kindly pick up (The students will pick up the pieces of paper
the pieces of paper and plastic under your and plastic under their chairs and arrange them

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Contact Numbers: 047 222 1845
Email Address: 307107@deped.gov.ph
chairs and arrange them properly. properly.)

You may take your seats. (The students will take their seats.)

Is everyone present today? No, Sir!

Who are the absentees? (The class secretary will give the list of
absentees.)

A. Reviewing the previous lesson or

presenting the new lesson

Before we start our new lesson for today,

let us have a review of our previous topic.

Answer the following questions:

 How many modes of compensation Sir, there are three [3] modes of compensation
can you get commissions? to get commissions.

 What are the advantages of utilizing Sir, the advantage of cash payment is, if
commission on a cash basis? customers pay in cash, it is easy to get your
commission.

 What are the advantages of utilizing Sir, the advantage of installment payment is
commission on an installment that you can make your commission much
basis? more than in cash.

Thank you so much. It’s good that you

remember our previous lesson. Our
previous lesson was very important for
today’s lesson. They are interrelated to
each other.

B. Establishing a purpose for the lesson

Today we will do the following activities:

Please read: (The students will raise their hands and read.)

1. differentiate the down payment, gross

balance, and current increased balance,
and
2. calculate how to obtain a down payment,
gross balance, and current increased
balance.

Since we’re done with calculating

commissions on a cash and an installment
basis, now, we will have the down
payment, gross balance, and current
increased balance.

San Gregorio, San Antonio, Zambales

Contact Numbers: 047 222 1845
Email Address: 307107@deped.gov.ph
C. Presenting examples/ instances of
the new lesson

Let’s see if you know about our next topic.

Let’s answer the first activity. Please read (The students will raise their hands, read, and
the directions. answer the activity.)

Activity 1: Pre-Assessment Identification: Choose your answer from the box

below.

1. It is also called book balance. – Gross

Balance
2. It is the first payment that the buyer
paid with an assurance that the buyer
will pay the rest later. – Down Payment
3. The amount of money borrowed. -
Principal
4. It refers to the total amount you must
pay including penalties or interest. –
Increased Balance
5. It is the sum of Interest and Principal. –
Maturity Value

For us to learn the proper definition of the

essential terms, let’s now go to the *Please see the attachment.
discussion.

D. Discussing new concepts and

practicing new skills #1 Topic:
 Down Payment, Gross Balance, and
When you like to buy something that is Current Increase Balance
out of your liquidation right now, but you
can make payment in the future, there are
many ways to purchase those things. For
example, the iPhone 15 is very trendy right
now, but you don’t have the money to buy
it in cash. That’s why we will learn some
ways and modes of payment or how to
purchase.

We have a down payment, gross balance,

Definition of Down payment:
and current increased balance. Let’s have
a down payment. Please, read.
Down Payment
 It is the first payment that one makes
when one buys something with an
agreement to pay the rest later.

Example 1:
Thank you. For us to better understand it,
let’s have an example. Please read:
Mrs. Shaira wanted a car that needed an 18%
down payment. The car that she wanted cost

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Contact Numbers: 047 222 1845
Email Address: 307107@deped.gov.ph

Thank you. What are the given?
What’s our formula?
Can you answer it?
What’s your final answer?
Very good. Are there questions about the
down payment?
Now, let’s go to Gross Balance.
Please read:
Thank you. For us to better understand it,
let’s have an example. Please read:
Very good. Are there questions about gross
balance?
Now, let’s have the last one. Please read.
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Contact Numbers: 047 222 1845
Email Address: 307107@deped.gov.ph
Php3,500,000. How much should she pay?
Given:
Down Payment Rate: 18%
Car’s Price: PhP3,500,000
Formula:
DPR x Car’s Price = DP
Solution:
18% ----> 0.18 x PhP3,500,000
= PhP630,000.
Answer:
Mrs. Shaira’s down payment is PhP630,000 to
avail of the car.
No more, Sir.
Definition of gross balance or book balance:
Gross Balance
 It is also called the Book Balance
 It refers to the total amount of money a
bank has on deposit before adjusting for
uncleared checks or deposits, as well as
reserve requirements.
 It is also a measure of what the bank has
on hand before adding or subtracting
regulatory obligations and items that will
soon appear on its books.
Example 2:
If you have a total of Php30,000 on your card
and you deposited this day a check that
amounts to Php10,000. Your bank passbook
currently contains Php40,000 but you can only
withdraw Php30,000 until tomorrow; this is
your gross balance because your check has not
been cleared yet.
No, Sir.
Definition of Increased Balance:
Increased Balance
 It refers to the total amount you must pay
that includes penalties or interest
 incurred by unpaid balance from a loan or
payment you are supposed to have made
but were not able to do so on time.

Thank you so much. For us to better

understand it, let’s have an example. Example 3:
Please read:
The due for this month’s credit card is
Php2,500, and the bank requires a payment of
5% minimum for the total amount due. If the
cardholder only pays the minimum 5%, he/she
will get an additional penalty of 2%. How much
will be the increased balance?

Here are the given:

Thank you. What are the given? Amount Due: PhP2,500
Min. Required Payment: 5%
Penalty: 2%

Yes, Sir.
Can you answer it?
Solution:

The due is Php2,500 and the minimum

required payment is 5% of this due,

PhP2,500 x 0.05 = PhP125, this is the only

amount you paid.

Sir, the remaining balance is:

What is the remaining balance?
PhP2,500 – PhP125 = PhP2,375

Since you will have a penalty of 2%

PhP2,375 x 0.02 = PhP47.50

Your current increased balance will be

PhP2,375 + PhP47.50 = PhP2,422.50

Sir, although you paid Php125 for the

How much is the final deduction? minimum required payment, because of this
you got a penalty, so it only deducts a total of
Php77.50.

No more, Sir.
Very good. Are there any questions about

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Contact Numbers: 047 222 1845
Email Address: 307107@deped.gov.ph
Increased balance?

If you don’t have any questions, let’s go to

the next activity.

E. Developing Mastery (leads to

formative assessment)

Let’s complete the table. Here, we have a Directions:

problem, and this will be a group activity. The class will be divided into three [3] groups.
Each group will analyze and answer the
Activity 2: Problem Solving problem below. A group representative will
explain their work.
Please read the directions.
1. As of this month’s cut-off date, the current
total amount due from your purchases
using your credit card is PhP 99,386.59.
The minimum required payment is 5% of
the total amount due. If you pay only the
minimum required payment, a financing
charge of 3.4% of the remaining balance
will be charged to the next bill. Assuming
you refrain from using your credit card on
any of your purchases for the next 3
months and the financing charge of 3.4%
is charged every billing period, show your
expected monthly bill for the next 3
months.
I will answer the amount due for the
month. Time Total amount due Minimum
t for the month required
(month) payment for the
Now, it is your turn to complete the table month
and solve for the succeeding months. 0 PhP99,386.59 0.05 x 99,386.59 =
4,969.33
1 (99,386.59 - 4,969.33) + 0.05(97,627.45) =
.034(99,386.59 - 4,881.37
4,969.33)
= 94, 417.26 + .034(94,
417.26)
= 1.034(94, 417.26)
= 97,627.45
2 1.034(97,627.45 – 0.05(95,899.45) =
4,881.37) 4,794.97
= 1.034(92,746.08)
= 95,899.45
3 1.034(95,899.45 – 0.05(94,202.03) =
4,794.97) 4,710.10
= 1.034(91,104.48)
= 94,202.03

F. Finding Practical Application of  How will you apply today’s learning in

Concepts and skills in daily living everyday life?
G. Generalizing and abstractions about Processing Questions:
the lesson 1. How would you describe what down

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Contact Numbers: 047 222 1845
Email Address: 307107@deped.gov.ph
 payment, gross balance, and increased
balance are?
2. Give one scenario that promotes Gross
Balance.
H. Evaluating Learning

Directions: Multiple choice. Read the 1. It is the first payment that one makes when
statement carefully. Choose the best he/she buys something with an agreement to
answer. pay the rest later.
a. Gross Balance
b. Down Payment
c. Increased Balance
d. Interest

2. What is the other word for Book Balance?

a. Book Increase
b. Gross Balance
c. Commission
d. Increased Balance

3. It is the fee that a company pays for its sales

agents in exchange for their services.
a. Interest
b. Rate
c. Maturity Value
d. Commission

4. It refers to the method of calculating the

interest amount for some principal amount of
money.
a. Gross Balance
b. Down Payment
c. Increased Balance
d. Interest

5. It refers to the total amount you must pay

including penalties or interest.
a. Gross Balance
b. Down Payment
c. Increased Balance
d. Interest

I. Additional activities for application Research the four [4] key terms in simple
or remediation interest and computing simple interest and
commissions.

San Gregorio, San Antonio, Zambales

Contact Numbers: 047 222 1845
Email Address: 307107@deped.gov.ph