CARITAS BUSINESS COLLEGE

UNIT PLAN

SUBJECT CODE: MAT 111

SUBJECT TITLE: BUSINESS MATHEMATICS
CREDIT POINTS: 10
HOURS / WEEK: 5 HOURS
SEMESTER: ONE (1)
SCHOOL YEAR: 2022

PREPARED BY LECTURER: __________________________

MISS THELMA ADELINE S. PUNSALAN

SIGHTED & APPROVED BY: ___________________________

MRS. JOSELLE VALMONTE
ACTING PRINCIPAL
 MAT 111: BUSINESS MATHEMATICS
UNIT PLAN
WEEK TOPICS REFERENCE MATERIALS
1 Whole Numbers, Fractions, Decimals and
Percent
2 Basic Mathematical/Algebraic Expression, Barnett, R. (2015). College mathematics for business, economics, life sciences and social sciences. New York:
Pearson.
Equations and Operations Belinda, C. (2012). Quantitative methods for business (Custom edition), Adelaide: Pearson Custom Books.
3 Percentage, Base and Rate Biehler, T. (2008). The Mathematics of money (1st ed.). New York: McGraw-Hill.
Cleaves, C. Hobbs, M. and Noble, J. (2012). Business math (9th ed). New Jersey: Pearson Education Inc.
Jacques, I. (2018). Mathematics for economics and business (9th ed.). New York: Pearson Education Limited.
4 Ratio and Proportion Lovelock, D., Mendel, M., & Wright, A.L. (2006). Introduction to the mathematics of money: Saving and investing (1st
ed.). Springer.
5 Mark-up and Markdown Veena, G.R. (2006). Comprehensive business mathematics. India: New Age International Publisher

6 Trade and Cash Discounts

7 PROGRESS TEST # 1
8 Simple Interest and Discount
Barnett, R. (2015). College mathematics for business, economics, life sciences and social sciences. New York:
9 Compound Interest, Future and Present Value
Pearson.
Belinda, C. (2012). Quantitative methods for business (Custom edition), Adelaide: Pearson Custom Books.
Biehler, T. (2008). The Mathematics of money (1st ed.). New York: McGraw-Hill.
10 Mortgage and Amortization Cleaves, C. Hobbs, M. and Noble, J. (2012). Business math (9th ed). New Jersey: Pearson Education Inc.
Jacques, I. (2018). Mathematics for economics and business (9th ed.). New York: Pearson Education Limited.
11-12 Depreciation Lovelock, D., Mendel, M., & Wright, A.L. (2006). Introduction to the mathematics of money: Saving and investing (1st
ed.). Springer.
Veena, G.R. (2006). Comprehensive business mathematics. India: New Age International Publisher
13-14 Insurance
15 PROGRESS TEST # 2
16 Taxes Barnett, R. (2015). College mathematics for business, economics, life sciences and social sciences. New York:
Pearson.
17 Belinda, C. (2012). Quantitative methods for business (Custom edition), Adelaide: Pearson Custom Books.
Payroll, Salaries and Wages Biehler, T. (2008). The Mathematics of money (1st ed.). New York: McGraw-Hill.
Cleaves, C. Hobbs, M. and Noble, J. (2012). Business math (9th ed). New Jersey: Pearson Education Inc.
18 Commissions and Overrides Jacques, I. (2018). Mathematics for economics and business (9th ed.). New York: Pearson Education Limited.
Lovelock, D., Mendel, M., & Wright, A.L. (2006). Introduction to the mathematics of money: Saving and investing (1st
19 Stocks and Bonds
ed.). Springer.
Veena, G.R. (2006). Comprehensive business mathematics. India: New Age International Publisher

20 FINAL EXAMINATION
 MAT 111: BUSINESS MATHEMATICS
UNIT PLAN

WEE TOPICS & LEARNING TEACHING STRATEGIES / VALUES REFERENCE

ASSESSMENTS
K CONTENTS OUTCOMES LEARNING ACTIVITIES INTEGRATED MATERIALS

1 At the end of the lesson, Pre-assessment on whole Seatwork #1 We encounter ideas Barnett, R. (2015).
College mathematics for
the students should be numbers, fractions, decimals and Addition and related to fractions, business, economics,
percent decimals, ratios and
able to: Subtraction of life sciences and social
percent on a daily sciences. New York:
Fractions (10 marks) basis. Confident and Pearson.
 Review the reading, Review/discussion on rules of Belinda, C. (2012).
flexible
writing, rounding off calculating and conversion of Seatwork #2 understanding of
Quantitative methods for
business (Custom
and using basic fractions these ideas are key
Multiplication and edition), Adelaide:
mathematical Division of Fractions to everyday Pearson Custom Books.
operations of whole Drills on conversion of fractions estimation and Biehler, T. (2008). The
and basic mathematical (10 marks) mental calculation in
Mathematics of money
numbers (1st ed.). New York:
operations in fractions contexts as diverse McGraw-Hill.
 Identify the types of Seatwork #3 as shopping and Cleaves, C. Hobbs, M.
Whole Numbers, fractions Word problems budgeting, diluting and Noble, J. (2012).
Review on decimals and proper Business math (9th ed).
Fractions,  Convert an improper rounding off numbers in decimal including the four mixtures, New Jersey: Pearson
fraction to a whole understanding Education Inc.
Decimals and place value basic operations in
number or mixed scales on maps, Jacques, I. (2018).
Percent fractions (20 marks) interpreting Mathematics for
number and vice Review on conversion of decimals probabilities and
economics and business
(9th ed.). New York:
versa to fractions and percent and vice Assignment #1 odds, and converting Pearson Education
 Reduce fractions to versa Real life situation among metric units. Limited.
Lovelock, D., Mendel, M.,
lowest terms applications on & Wright, A.L. (2006).
 Read and write Drills on basic mathematical Introduction to the
fractions(15 marks)
operations using fractions, mathematics of money:
decimals Saving and investing (1st
decimals and percent ed.). Springer.
 Round off decimals
Veena, G.R. (2006).
 Convert decimals to Comprehensive
fractions or percent business mathematics.
India: New Age
and vice versa International Publisher

2 Basic At the end of the lesson, Discussion on basic mathematical Seatwork #4 Business ownership
Mathematical/Alge the students should be equations Derivation of requires more than
skill in creating a
braic Expression, equations of basic
 able to: Review and recall on rules and mathematical product or talent at
applying correct equations and operations applied in providing a service.
 Solve equations exercises on derivation of business (10 marks) Overseeing the
using multiplication equations involved in business finances of your
or division company is key to
mathematics Practical Activity #1 survival and
 Solve equations Experiential Learning success.
using addition or Drills on derivation of equations Understanding basic
(Interview) (25
subtraction and solving word problems in business math is
marks)
 Solve equations business mathematics necessary for
profitable operations
using more than one Quiz #1 (20 marks)
Practical Activity – Experiential and accurate record
operation keeping. Knowing
Equations and Learning
 Solve equations Students are to interview the how to add, subtract,
Operations containing multiple multiply, divide,
following people:
unknown terms round and use
- Baker
percentages and
 Solve equations - Physics/Math teacher fractions is the
containing - Accountant minimum you need
parentheses They are tasked to determine how to price your product
 Solve equations that the following people use the and meet your
are proportions mathematical concepts in their budget.
daily work routine.
 Apply basic algebraic
expression/equation
for unknown terms

3 Percentage, Base At the end of the lesson, Differentiating base, rate and Assignment #2 All areas of math
percentage in given equations and shape our everyday
and Rate the students should be Word problem lives in some way or
able to: function computations using another, but none
PBR (10 marks) perhaps more so than
 Identify and define Drills on finding base, rate and percentages.
base, rate and percentage using business Mastering percentages
Seatwork #5 at school helps
percentage mathematics word problems
PBR Calculations (15 students understand
 Explain the many aspects of how
marks)
relationship between Discussion on applying the the world works, and
base, rate and relationship of P=BR in different prepares them for adult
percentage situations such as taxes, life. When applying for
a credit card or loan,
 Solve for the base, discounts and finding the rate of you make repayments
rate and percentage increase and decrease in a with a percentage
business interest rate. When
saving money, the
bank will pay you
 interest at a
percentage rate. When
shopping, prices are
reduced by a certain
percentage of the cost.
These are just some of
the examples where
percentages are used
in daily life, but there
are so many more
instances where it is
beneficial to have a
good knowledge of
percentages.
4 At the end of the lesson, Discussion on ratio and proportion Seatwork #6 Ratios and
the students should be and how the concept of ratio and Ratio and Proportion proportions are
proportion is used in businesses foundational to
able to: problem solving (10
student
marks) understanding
 Define ratio and Drills on solving/calculating ratio
across multiple
explain how it is used and proportion in business word Quiz # 2 (20 marks) topics in
in business problems mathematics and
 Define proportion science. n real-life
Practical Activity #2
and discuss how it is Discussion on the different types situations, ratios and
used in business of proportion and how it is applied Business proportions are
 Differentiate direct in business situations Applications useful when
proportion, Computations determining
Ratio and amounts to be used
indirect/inverse Drills on solving/calculating the
Proportion different types of ratio in business in recipes or finding
proportion, and
the mileage per
partitive proportion, word problems
gallon of gas. In
and apply them in general, ratios and
business proportions describe
relationships
between and among
quantities.

5 Mark-up and At the end of the lesson, Discussion on buying and selling Seatwork #7 When setting a price
Markdown the students should be Calculations on for a particular good
Lecture-discussion on cost, mark- or service, it is
able to: mark-ups (15 marks)
important to value
  Define cost, initial up, mark on, markdown, markup the product
mark-up or mark-on, cancellation Homework #1 accurately.
additional mark-up, According to the
Define the following:
Drills on calculating mark-up theory of supply and
mark-up cancellation a. Cost demand, if the price
and markdown based on cost and based on b. Selling price of a commodity is
 Differentiate mark-up selling price c. Mark-up rate too high, fewer units
and margin d. Mark-up will sell. Markups
 Compute for mark-up Drills on converting mark-ups and markdowns are
e. Mark on
based on cost based on cost and selling price used when
f. Markdown businesses under-
 Compute for mark-up
g. Gross margin or overvalue a
based on selling
h. Mark product.
price
cancellation
 Convert mark-up
based on cost to i. Profit/Loss
mark-up based on
selling price and vice Seatwork #8
versa Calculations on
 Define markdown markdowns (15
 Illustrate how marks)
markdown is
obtained Seatwork #9
Conversion of mark-
up rates (8 marks)

Quiz #3 (30 marks)

6 Trade and Cash At the end of the lesson, Discussion on flow of supply chain Homework #2 Trade discounts are
Discounts the students should be Differentiating Trade an excellent tool for
Discussion on single trade increasing sales,
able to: and Cash Discounts
discount boosting profitability,
(4 marks) saving money and
 Understand the flow
managing inventory.
of supply chain Demonstration on calculating Seatwork #10 They are also an
 Define single trade single trade discount excellent method for
Calculations on
discount Trade Discounts (10 maintaining
 Illustrate how to Drills on calculating/solving single customer
trade discount word problems marks) satisfaction and
compute single trade
attracting a wider
discounts Seatwork #11 consumer base.
Discussion on discount series
 Find the trade Calculations on Cash
 discount using a Drills on calculating/solving Discounts (10 marks)
single trade discount discount series word problems Customers that pay
rate Practical Activity #3 with cash will pay a
Business Proposals lower price – hence
 Find the net price
the “cash discount”.
using the trade with Computations on Customers that
discount Mark-ups, choose to pay with a
 Find the net price Markdowns and credit card will pay a
using the Discounts (40 marks) slightly higher price
to cover the cost of
complement of the
processing. Your
single trade discount Quiz #4 (20 marks) customers will
rate ultimately have more
 Define discount options. You'll also
series have the benefit of
attracting bargain
 Illustrate how to hunters!
compute discount
series

7 PROGRESS TEST # 1

8 Simple Interest At the end of the lesson, Discussion on simple interest and Seatwork #12 Interest rates Barnett, R. (2015).
College mathematics for
and Discount the students should be discount; explain the importance Word problems on influence the cost business, economics,
able to: of interest in loan transactions Simple Interest (15 of borrowing, the life sciences and social
sciences. New York:
marks) return on savings, Pearson.
 Explain the role Drills on calculating interest in a and are an Belinda, C. (2012).
interest plays in a loan, finding maturity value on a Assignment #3 important
Quantitative methods for
business (Custom
loan transaction loan and future value on invested
Computations on component of the edition), Adelaide:
 Compute the interest capitals Pearson Custom Books.
Bank Loan Interests total return of Biehler, T. (2008). The
due on a loan (Situational Analysis) many investments. Mathematics of money
Drills on calculating actual and
 Find the maturity (15 marks) Moreover, certain
(1st ed.). New York:
approximate time McGraw-Hill.
value on a loan or interest rates Cleaves, C. Hobbs, M.
the future value on Drills on finding the different types provide insight into
and Noble, J. (2012).
Business math (9th ed).
invested capital of simple interests future economic New Jersey: Pearson
 Differentiate ordinary Education Inc.
and financial Jacques, I. (2018).
interest and exact Drills on making promissory notes market activity. Mathematics for
interest, and be able economics and business
(9th ed.). New York:
to compute for the Pearson Education
same Limited.
Lovelock, D., Mendel, M.,
 Compute for actual
 time and & Wright, A.L. (2006).
Introduction to the
approximate time mathematics of money:
 Compute for the four Saving and investing (1st
ed.). Springer.
different types of Veena, G.R. (2006).
simple interest Comprehensive
business mathematics.
 Be conversant with India: New Age
the 60-day 6% International Publisher
method of computing
simple interest
 Explain the concept
of promissory note

9 At the end of the lesson, Discussion on compounding Seatwork #13

the students should be interest Word problems on
able to: Compound Interest
Drills on finding the future value
 Find the future value and compound interest by Quiz #5 (20 marks)
and compound compounding manually
interest by Practical Activity #4
compounding Drills on calculating the future
Situational Analysis
manually value and compound interest
Compound using a formula on Bank Loan
 Find the future value Interest – Interview
Interest, Future
and compound with a Bank Teller (25
and Present Drills on calculating the effective
interest using a marks)
Value interest rate
formula
 Find the effective Quiz #5 (20 marks)
interest rate

10 Mortgage and At the end of the lesson, Discussion on mortgage and how Seatwork #14 Amortization is
Amortization the students should be it is applied in business situations Calculation on important because
able to: Mortgage and it helps businesses
Drills on calculating the down Amortization (15 and investors
 Comprehend what payment on mortgage and
 mortgage is mortgage loans marks) understand and
 Compute for the forecast their costs
down payment on a Drills on determination of loan Practical Activity #5 over time. In the
mortgage and the balance every after payment, Situational Analysis – context of loan
amount of the interest and principal amount Mortgage and repayment,
mortgage loan Amortization amortization
Discussion on amortization
 Determine how Calculations with the schedules provide
payment is applied to use of MS Excel clarity into what
Drills on preparation of
interest and principal, amortization table Spreadsheet portion of a loan
and determine the payment consists
balance of the loan of interest versus
after each payment principal
 Prepare an
amortization table
 Solve problems
involving mortgages

11-12 Depreciation At the end of the lesson, Discussion on depreciation and Seatwork #15 Depreciation
the students should be preparation on a depreciation Depreciation allows for
able to: schedule using different methods Calculations (15 companies to
marks) recover the cost of
 Depreciate an asset Drills on calculating the an asset when it
and prepare a depreciation value Quiz #6 (15 marks) was purchased.
depreciation The process
schedule allows for
o using the straight- companies to
line method cover the total cost
o using the units-of- of an asset over
production it's lifespan instead
method of immediately
o using the sum of recovering the
the years’ – digits purchase cost.
methods This allows
o using the companies to
declining balance replace future
method assets using the
appropriate
 amount of
revenue.
13-14 At the end of the lesson, Discussion on insurance,
Assignment #4 Buying insurance
the students should be estimation of the different types of
Collection and is important as it
able to: insurance analysis of Insurance ensures that you
Premiums offered in are financially
 Estimate life Drills on calculating insurance Health, Death, Car, secure to face any
insurance premiums premiums, refund for a cancelled House, and type of problem in
using a rate table policy
Education (30 marks) life, and this is why
 Apply the extended insurance is a very
term non-forfeiture Drills on calculating the
option compensation for a coinsurance Seatwork #16 important part of
policy Insurance financial planning.
Insurance  Estimate property Calculations (15 A general
insurance premiums marks) insurance
using a rate table company offers
 Find the refund for a insurance policies
cancelled policy to secure health,
 Find the travel, motor
compensation for a vehicle, and home.
coinsurance policy
 Find automobile
insurance premiums
using rate tables
15 PROGRESS TEST # 2

16 Taxes At the end of the lesson, Discussion on taxes and the types Seatwork #17 Taxes are crucial Barnett, R. (2015).
College mathematics for
the students should be of taxes Calculations on because business, economics,
able to: Taxes present in governments life sciences and social
sciences. New York:
Discussion on taxes present in Papua New Guinea collect this money Pearson.
 Differentiate sales Papua New Guinea and how it is and use it to Belinda, C. (2012).
tax and excise tax applied in day-to-day living Homework #3 finance social
Quantitative methods for
business (Custom
 Use the percent Research on the projects. Without edition), Adelaide:
method to find the Drills on calculating the different Pearson Custom Books.
different tax laws in taxes, government
sales tax and excise types of taxes Biehler, T. (2008). The
Papua New Guinea. contributions to the Mathematics of money
tax Describe each law health sector
(1st ed.). New York:
McGraw-Hill.
 Find the sales tax and state how is it would be Cleaves, C. Hobbs, M.
 Find the excise tax and Noble, J. (2012).
applied in day-to-day impossible. Taxes Business math (9th ed).
 Find the marked living. (8 marks) go to funding New Jersey: Pearson
 price and sales tax health services Education Inc.
Jacques, I. (2018).
from the total price Quiz #7 (15 marks) such as social Mathematics for
 Find the marked healthcare, economics and business
(9th ed.). New York:
price medical research, Pearson Education
 Find the sales tax social security, etc. Limited.
Lovelock, D., Mendel, M.,
amount & Wright, A.L. (2006).
Introduction to the
 Define property tax mathematics of money:
 Find the assessed Saving and investing (1st
ed.). Springer.
value Veena, G.R. (2006).
 Calculate the Comprehensive
business mathematics.
property tax
India: New Age
 Determine the International Publisher
property tax rate
 Define income taxes
 Use the tax table to
calculate income tax
 Use the tax rate
schedule to calculate
income tax
17 Payroll, Salaries At the end of the lesson, Discussion on employee Seatwork #18 It will build the high
and Wages the students should be compensation, differentiating Salary and Wages morale of
able to: payroll, salaries and wages Calculations employees and act
as an incentive to
 Define employee Drills on calculating wage, payroll Seatwork #19 greater employee
compensation and salaries including overtime Gross and Net productivity and
 Differentiate salary, pay
Income Calculations efficiency.
wage and income Satisfied
 Solve problems Drills on conversion of annual
salaries to monthly, semi-monthly, Seatwork #20 Employees: A
related to piece-rate Overtime income good wage and
fortnightly and weekly salaries
earners and hourly- calculations salary structure
paid earners Discussion on benefits given to will keep the
including overtime employee Seatwork #21 employees
pay Payroll Deduction satisfied. There
 Convert annual Drills on calculation for overtime Calculations will be lesser
salaries to monthly, pay on different occasions labour turnover,
semi-monthly, and industrial disputes
Drills on calculating gross earning Practical Activity #6 and employee
 weekly salaries with inclusion of gross earnings, Creation of Payroll grievances and
 Enumerate and net earnings and with based on a exigencies.
define the different consideration to different payroll situational analysis
benefits given to an deductions (35 marks)
employee
Use of computer-application such Quiz #8 (25 marks)
 Compute for
as MS Excel for the preparation
overtime pay on: and computation of payroll
o Regular day
o Special day
o Rest day
o Regular holiday
o Rest day which
falls on a regular
holiday
 Compute for gross
earnings to include
overtime pay and net
earnings or pay
considering the
different payroll
deductions
 Distinguish taxable
earnings from non-
taxable employee
benefits
 Use a spreadsheet in
the computation of
regular pay, overtime
pay, gross earnings,
deductions and net
pay

18 Commissions and At the end of the lesson, Discussion on commissions and Seatwork #22 Employers offer a
Overrides the students should be overrides Commission and commission to
 able to: Override Calculations motivate their
Drills on calculating commissions (20 marks) employees and
 Differentiate earned on cash sales and make them more
commission from installment sales Quiz #9 (15 marks) productive and
override generate more
 Compute for Drills on calculation for gross Practical Activity #7 sales and attract
commission earned earnings inclusion of salary,
Experiential Learning customers. Sales
on a particular cash commissions and overrides
– Interview with car and marketing jobs
sale dealers, company in many industries,
 Compute for owners or in the such as
commission earned treasury (income automobiles and
on an installment statement) and real estate,
sale loaners. (20 marks) generally offer
 Solve for gross commission-based
earnings involving compensation.
salary, commission
and override

19 At the end of the lesson, Discussion on stocks and bonds Seatwork #23 Bonds can
the students should be Calculating Dividends contribute an
able to: Drills on calculating dividends element of stability
Quiz #10 (15 marks) to almost any
 Read stock listings diversified portfolio
 Calculate and – they are a safe
distribute dividends and conservative
investment. They
provide a
Stocks and Bonds
predictable stream
of income when
stocks perform
poorly, and they
are a great
savings vehicle for
when you don't
want to put your
money at risk
20 FINAL EXAMINATION