Basic Operation Derived Transaction in the Homes and Offices

Mathematics J.S.S 2 First Term

Theme: Numbers & Numeration

Sub Theme: Whole Number

WEEK 7

Basic Operation Derived Transaction in the Homes and Offices 

Performance Objectives

Students should be able to;

1. Solve Problems relating to office and household arithmetic
2. Solve simple commercial arithmetic to profit
3. Solve simple commercial arithmetic to interest, discount and commission.

Household Budgeting

Content

This is the process of planning how to spend an amount of money or family income that is available to avoid wastage. It guides in aligning expenditure with income.

Example:

The monthly income of a family is #140 000. They plan to spend the income as follows:

#6 000 for house rent, #44 000 for food, #15 000 for transport, #3 000 for…