SOLVING MONEY PROBLEMS
INVOLVING PERCENTAGES
MATH 7, QUARTER 1, LESSON 5
1
What do you feel when you see ads
about discounts/sales?
MATATAG Curriculum Training | 2024 2
Can you immediately compute how
much discount can you get when you
buy an item under discount/sale?
MATATAG Curriculum Training | 2024 3
How do you do it?
MATATAG Curriculum Training | 2024 4
Discount
It is the reduction in the
original price of a
commodity (product or
service).
MATATAG Curriculum Training | 2024 5
Sale price
It is the final price at
which a product or item
is sold to a customer
after discounts have
been applied.
MATATAG Curriculum Training | 2024 6
Selling price
The amount of money that a
company charges for its
product. It is the price that the
customers pay for buying a
product without a discount. This
is also known as the original
price.
MATATAG Curriculum Training | 2024 7
Formulas to find the discount and sale
price
MATATAG Curriculum Training | 2024 8
Example 1. Find the discount and the sale
price of a t-shirt that has an original price
of ₱300 if the discount rate is 25%.
To find the discount:
Discount = Original Price × Rate of
Discount
Discount = 300×0.25
Discount = ₱75
Therefore, the discount is ₱75.
MATATAG Curriculum Training | 2024 9
Example 1. Find the discount and the sale
price of a t-shirt that has an original price
of ₱300 if the discount rate is 25%.
To find the sale price:
Sale Price=Original Price−Discount
Sale Price=300−75
Sale Price=₱225
Answer: Thus, the new price of the t-shirt
or its sale price is ₱225.
MATATAG Curriculum Training | 2024 10
MATATAG Curriculum Training | 2024 11
Commission Rate – percent
taken off from the selling price of
the item sold.
Commission – it refers to the
amount of money earned by a
person from selling something.
Sales tax – commonly known as
Value Added Tax (VAT)
MATATAG Curriculum Training | 2024 12
MATATAG Curriculum Training | 2024 13
If your friend asked for your help to sell their
motorcycle and promised you to have a 5%
commission if you were able to look for a buyer.
How much will you receive if you have sold the
motorcycle for ₱30,000?
Solution:
Commission = Total Sales × Commission Rate
Commission = 30,000 × 0.05
Commission = ₱1,500
Answer: Thus, the commission that you will
receive is ₱1,500.
MATATAG Curriculum Training | 2024 14
Marina works as a real estate agent.
₱2,500,000. If Marina makes a 3%
She has just sold a house that
commission, how much money did she
make when she sold the house?
a. What is asked?
b. What is the formula to be used?
c. Solution:
d. What is the final answer?
MATATAG Curriculum Training | 2024 15
What is the commission rate of sales
₱5,800 after selling an appliances
agent who received an amount of
that for a total amount of ₱123,800?
a. What is asked?
b. What is the formula to be used?
c. Solution:
d. What is the final answer?
MATATAG Curriculum Training | 2024 16
MATATAG Curriculum Training | 2024 17
Problem #3:
agent who received an amount of ₱2, 805
What is the commission rate of sales
of ₱18, 700?
after selling a laptop whose original price is
Problem #4:
Carlo bought a pair of shoes for a price
of ₱2,450 plus the VAT of 10%. How much is
the sales tax he needs to pay aside from the
price of the shoes?
MATATAG Curriculum Training | 2024 18
MARAMING SALAMAT!
19
