Master decimal word problems (money, best buy, profit/loss) and introduction to percent (10%, 25%, 50%, conversions). This lesson covers SEA Mathematics Objectives 88-92 from the Number Strand.
Did you complete Lesson 1.14? Review Decimal Operations →
By the end of this lesson, you will be able to:
Decimal word problems and percent questions appear in Section II and III of the SEA Math paper. These are practical life skills! (SEA Framework Page 21-22)
Start by watching this video to learn how to compare prices and find the best buy. Take notes as you watch! 📝
Did you understand the video? Review the notes below before continuing! ✅
Decimal word problems help you make smart money decisions in real life!
Option A: 6 pens for $12.00
Option B: 10 pens for $18.00
Answer: Option B is the better buy (saves $0.20 per pen)
Now watch this video to learn how to calculate profit and loss. Pay attention to the formulas! 🎯
Understanding profit and loss helps you understand business and money management!
| Concept | Formula |
|---|---|
| Profit | Selling Price − Cost Price |
| Loss | Cost Price − Selling Price |
| Selling Price (Profit) | Cost Price + Profit |
| Selling Price (Loss) | Cost Price − Loss |
Question: Maria bought a dress for $80.00 and sold it for $120.00. What was her profit?
Answer: $40.00 profit
Question: John bought a phone for $500.00 and sold it for $450.00. What was his loss?
Answer: $50.00 loss
Watch this video to learn about percent and how to find 10%, 25%, and 50% of amounts. 🎯
Percent means “per hundred” or “out of 100”. The symbol for percent is %.
| Percent | Fraction | Method | Example |
|---|---|---|---|
| 10% | 1/10 | Divide by 10 | 10% of 80 = 80 ÷ 10 = 8 |
| 25% | 1/4 | Divide by 4 | 25% of 80 = 80 ÷ 4 = 20 |
| 50% | 1/2 | Divide by 2 | 50% of 80 = 80 ÷ 2 = 40 |
Answer: $6.00
Answer: $20.00
Answer: $75.00
10% = Move decimal one place left
25% = Divide by 4 (quarter)
50% = Divide by 2 (half)
Test your understanding! Select an answer for each question. 💰
Great job finishing Lesson 1.15! You’re mastering decimal word problems and percent for the SEA exam! 🎉
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