Browse through topics for Senior Secondary 2 1st, 2nd and 3rd Terms, All Weeks, All Subjects
Term: 3rd Term
Week: 9
Class: Senior Secondary School 2
Age: 16 years
Duration: 40 minutes of 2 periods each
Date:
Subject: Commerce
Topic:- Profit II
SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to
INSTRUCTIONAL TECHNIQUES: Identification, explanation, questions and answers, demonstration, videos from source
INSTRUCTIONAL MATERIALS: Videos, loud speaker, textbook, pictures
INSTRUCTIONAL PROCEDURES
PERIOD 1-2
|
PRESENTATION |
TEACHER’S ACTIVITY |
STUDENT’S ACTIVITY |
|
STEP 1 INTRODUCTION |
The teacher reviews the previous lesson on profit |
Students pay attention |
|
STEP 2 EXPLANATION |
She teaches the students the formula for finding the gross profit and net profit
|
Students pay attention and participates |
|
STEP 3 DEMONSTRATION |
She solves some calculations on gross and net profits
|
Students pay attention and participate |
|
STEP 4 NOTE TAKING |
The teacher writes a summarized note on the board |
The students copy the note in their books |
NOTE
CALCULATING GROSS AND NET PROFITS
Gross Profit = Revenue – Cost of goods sold
Net profit = Gross profit – operating expenses and taxes
EXAMPLES
Revenue= N100,000
Cost of sales = N 50,000
Other expenses = N 25,000
Find the gross profit and net profit
SOLUTION
= N 100,000 – N 50, 000
= N 50,000
= N 50,000 – N 25,000
= N 25,000
EVALUATION: 1. What is the formula for finding the
Cost of sales = N 30,000
Other expenses = N 10,000
Find the gross profit and net profit
CLASSWORK: As in evaluation
CONCLUSION: The teacher commends the students positively