Percentages (I) Form 1 Mathematics Chapter 3. Reminder Standard Homework (III), (IV) and (V) ▫30 Nov (Fri) Extra Tutorial ▫Tuesday’s last CTP ▫MUST: 1,

Slides:



Advertisements
Similar presentations
Just in case is not clear the equation is:
Advertisements

Simple Interest I =Prt I = Interest P = Principle r = rate t = time
Simple Interest Day 2 Formula I = PRT.
Calculating Simple Interest
Simple Interest Formula I = PRT.
9-1: Relating Fractions, Decimals, and Percents
Financial Mathematics I Week 8. Start on stage 3 of final project. –Paper copy is due week 10 (include all stages, including before and after revisions).
Percent Proportion & Equation
Percent By: Regine Apple M. Lopez. Definition Conversion Percentage, Rate and Base Percentage Problem Percent.
Maths Project work. maths Project work Chapter : 8 Comparing quantities.
Textbook Page 185 – 186; # 14 – 28 Even & 32 – 37 All.
Finding a percent of a number Textbook pages
Financial Maths Chapter A and B – purchasing goods (simple interest) and buying on terms.
Percents A Percent is a ratio that compares a number to 100. The symbol for percent is %. You can write percents as fractions and decimals. 36% as a decimal.
Percent Applications Unit Pre-Algebra Unit 7B. Here are some percent frameworks that will be helpful for you!  I = PRT Retail price = Wholesale price.
Interest, discounts, and sales
Do Now 4/12/11 Take out HW from last night. Take out HW from last night.  Text p. 365, #8-16 evens and #15 Copy HW in your planner. Copy HW in your planner.
Pre-Algebra 8-4 Percent Increase and Decrease 04/14/2010 Proportion and Percent #23 Today’s Plan: -Warm-Up & Correct Homework -Percent Increase and Decrease.
 What percent of 178 is 47?  What number is 12% of 90?  89 is 27% of what number?
Using Percents to Solve Problems
Do Now 4/23/10 Take out HW from last night. Take out HW from last night. Practice worksheet 7.6 odds Practice worksheet 7.6 odds Copy HW in your planner.
Percentages (I) Form 1 Mathematics Chapter 3. Reminder Folder Checking ▫26 Nov (Mon) – All Chapters 0, 1, 2 and 4! ALL Corrections ▫26 Nov (Mon) – All.
Unit 3 Review Algebra 1 Unit 3: Solving Equations Review.
Review for Term 1 Examination
1A_Ch3(1). 1A_Ch3(2) 3.1Simple Problems Involving Percentages A Using Percentage to Find a Number B Finding the Percentage C Finding the Original Number.
Commercial arithmetic
April 8, 2010Math 132: Foundations of Mathematics 8.1 Homework Solutions 453: 47, 49, 50, Taxes paid = $1008; Total Cost = $17, Discount =
Lesson 5-8 Simple Interest.
Percentages (I) Form 1 Mathematics Chapter 3. Reminder Standard Homework (I) and (II) ▫Today! Standard Homework (III) and (IV) ▫28 Nov (Wed) Extra Tutorial.
5 Minute Check Find the price to the nearest cent. Complete on the back of your homework. 1. $60; with a 60% discount 2. $40; with 7% tax 3. $199; with.
Simple & Compound Interest
Changing forms Basic % problems % Change % Applications Interest Final Jeopardy.
Contents 1.1 Percentages 1.2 Percentage Change 1.3 Profit and Loss 1.4 Discount 1.5 Interest 1 Percentages Mr. Bloom, Monroe H.S.
Percentages (I) Form 1 Mathematics Chapter 3. Reminder Folder Checking ▫26 Nov (Mon) – All Chapters 0, 1, 2 and 4! ▫All corrections – All Chapters 0,
MODULE 4 Business-related Mathematics Chapter 20 Principles of Financial Mathematics.
Lesson 8-6 Pages Simple Interest Lesson Check 8-5.
Transparency 6 Click the mouse button or press the Space Bar to display the answers.
© 2010 Pearson Prentice Hall. All rights reserved. CHAPTER 8 Consumer Mathematics and Financial Management.
PERCENT Prepared by: Regine Apple M. Lopez. PERCENT Definition Conversion Percentage, Rate and Base Percentage Problem.
Exit ticket Title How I feel about this work: Name: Date:
7-7 Simple and Compound Interest. Definitions Left side Principal Interest Interest rate Simple interest Right side When you first deposit money Money.
MARK-UPS AND SELLING PRICE A Student’s Guide to basic financial mathematics and when to use it.
Chapter 5 & 6 Review Game Show Rates and Ratios Proportions.
Percent.
Sub topic and formula :  Percentage of increase, increase in value and final value.  Percentage of decrease, decrease in value and final value.  Profit.
M60 D Applications. Warm-up The area of a trapezoid is 51 square meters. One base is 7 meters long, and the other is 10 meters long. Solve the formula.
Simple Percent Problems To solve a simple percent problem, you change the percent to a decimal and multiply. Solve the following percent problems. Remember.
Percent.
6-3 (E)Simple Interest Formula I = PRT. I = interest earned (amount of money the bank pays you) P = Principle amount invested or borrowed. R = Interest.
REVIEW Unit 3B Percent 7 th Grade Math. Question #1  At Walmart, 36 iPads were sold in January. The manager at the store wants to encourage the sales.
Vms Year 9 Mathematics Percentages.
Chapter 6 and 7-8 Notes.
Percentages By Teacher Gel. MEANING OF PERCENTAGE Percentage is a fraction with 100 as its denominator. Percent means per 100. % is the symbol used to.
Warm Up (-2)(5) (-7) 4.-50/(-5) 5.Find 30% of is what percent of 100?  34.
CHAPTER 8 Personal Finance.
Stand Quietly.
Percents Review 1. Simple Problems Involving Percentages
PERCENTAGE INCREASE/DECREASE
Simple Percent Problems
1 Percentages Contents 1.1 Percentages 1.2 Percentage Change
goteachmaths.co.uk Reverse Percentages – Complete Lesson
CHAPTER 8 Personal Finance.
Form 1 Mathematics Chapter 3
Form 1 Mathematics Chapter 3
Do Now 4/11/11 Take out HW from last night. Copy HW in your planner.
Form 1 Mathematics Chapter 1
Simple Percent Problems
Simple Interest Formula I = PRT.
Interest basics.
Presentation transcript:

Percentages (I) Form 1 Mathematics Chapter 3

Reminder Standard Homework (III), (IV) and (V) ▫30 Nov (Fri) Extra Tutorial ▫Tuesday’s last CTP ▫MUST: 1, 10, 11, 12, 14, 16, 26, 30, 36 ▫Mon & Tue after-school – Consultation on G/F Open Book Quiz ▫30 Nov (Fri) Close Book Quiz ▫5 Dec (Wed)

What is Percentage? (p.110) “%” is the symbol of percentage. Per cent means “per one hundred”. e.g.

Simple Percentage Problems P.116 Q2(c): 125% of $365.2 P.117 Q10(c): 132 g is 88% of t g Remark: same units!

Simple Percentage Problems P.118 Q boys and 700 girls took an examination. 15% of boys and 5% of girls failed. Find the total number of students passed. Number of boys failed = 1100  15% = 165 Number of girls failed = 700  5% = 35 Number of students failed = = 200 Number of students = = 1800 Number of students passed = = 1600

Simple Percentage Problems P.118 Q boys and 700 girls took an examination. 15% of boys and 5% of girls failed. Find the total number of students passed. Number of boys passed = 1100  (1 – 15%) = 1100  (85%) = 935 Number of girls passed = 700  (1 – 5%) = 700  (95%) = 665 Number of students passed = = 1600

Time for Practice Page 117 of Textbook 1A ▫Questions Pages of WB 1A ▫Questions 4 - 9

Percentage Increase (p.119) New value > Original value Last year, Andy was 150cm tall. His height is increased by 20% this year. His height now is

Percentage Decrease (p.122) New value < Original value The price of a car was $160,000 last month. If it is reduced by 15% this month, the new price

Percentage Change (p.126) We can summarize the two formulae into one and call percentage change. New value > Original value  + (increase) New value < Original value  – (decrease) The temperature was dropped from 30  C to 27  C in the evening. The percentage change is

Percentage Change P.130 Q19. James had $5000 in his savings account last year. This year, he has $ Change % James then takes out 40% of his savings. The amount now is = $10000  (1 – 40%) = $6000 New change %

Time for Practice Page 127 of Textbook 1A ▫Class Practice Page 129 of Textbook 1A ▫Questions 6 – 14 Pages of WB 1A ▫Questions 3 - 9

Profit ( 盈利, p.131) Selling Price ( 售價 ) > Cost Price ( 成本價 )

Loss ( 虧蝕, p.134) Selling Price ( 售價 ) < Cost Price ( 成本價 )

Profit and Loss A shop sold a car at the profit % of 20%. If the profit was $32000, what was the cost of the car? What was the selling price? Profit or Loss? Let n be the Cost Price. Then, So, the Selling Price is

Profit and Loss P.138 Q22. A merchant bought a chair for $500 and a desk for $750. He sold the chair at a loss of 30% and the desk at a profit of 24%. Selling price of chair Selling price of desk Total selling prices = $350 + $930 = $1280 Total cost prices = $500 + $750 = $1250 So, the profit % is

Time for Practice Pages of Textbook 1A ▫Class Practice Page 137 of Textbook 1A ▫Questions 7 – 19 Pages of WB 1A ▫Questions

Discount ( 折扣, p.138) Western style vs. Chinese style 10% discount9 折 20% discount8 折 70% discount3 折 12% discount88 折 25% discount75 折 5% discount95 折

Discount Marked Price > Selling Price

Discount A pair of scorer shoes is sold at 25% discount at a marked price of $650. Can Vincent buy the shoes if he has $500? Marked price = $650 Selling price of the shoes Since Vincent got $500, he can buy the shoes.

Discount A golden ring is sold at 30% discount with a selling price of $441.What is the marked price? Selling price = $441. Let n be Marked price. Then, So, the Marked price is $630.

Discount P.142 Q10. In shop A, the marked price of a MD is $1920 and the selling price is $1248. In shop B, the prices are $1760 and $1320 respectively. A’s discount % B’s discount % So, B’s discount is smaller.

Time for Practice Page 141 of Textbook 1A ▫Class Practice Page 142 of Textbook 1A ▫Questions 3 – 10 Pages of WB 1A ▫Questions

Simple Interest ( 單利息, p.144) Amount(A) = Principal(P) + Interest(I) Interest(I) = Principal(P)  Interest rate(r%)  Time(T) Formula:

Simple Interest If $40000 is deposited in a bank for 5 years at 3%p.a., find the simple interest and the amount. P=$40000r=3T=5 (years) Simple interest (I) is So, the amount (A) is

Simple Interest How long will $20000 amount to $30000 at 5%p.a. simple interest? P=$20000r=5A=30000 I = $30000-$20000=$10000 Let T be the time. Then, The time required is 10 years.

Simple Interest P.151 Q14. Judy borrows $ for 10 years. Bank A’s interest is 5% p.a. and B is 4.5% p.a. A’s interest B’s interest The difference is $ She pays $50000 less in Bank B from in Bank A.

Time for Practice Page 149 of Textbook 1A ▫Class Practice Page 150 of Textbook 1A ▫Questions 1 – 13 Pages of WB 1A ▫Questions 4 - 7

Reminder Term 1 Examination Syllabus (p.1-185) ▫Chapter 0: Basic Mathematics ▫Chapter 1: Directed Numbers ▫Chapter 2: Using Algebra to Solve Problems (I) ▫Chapter 3: Percentages (I) ▫Chapter 4: Using Algebra to Solve Problems (II) Date of Term 1 Examination ▫ (Wed) ▫8:30 am – 9:30 am (1 hour) ▫Room 104

Enjoy the world of Mathematics!