Mathematical Literacy-Grade 12-Term 1-Lesson 6-Cost Price Selling Price and Break-even Point

Grade 12 Lesson Plan: Cost Price, Selling Price, and Break-Even Point

Lesson Objectives

By the end of this lesson, learners should be able to:

1. Define and identify cost price and selling price.
2. Use formulae to calculate cost price and selling price.
3. Calculate percentage profit using the appropriate formula.
4. Define and determine the break-even point.
5. Identify and draw the income line and expenses line on a graph.
6. Use the graph to determine if a business is making a profit or loss.

Curriculum Alignment (CAPS)

This lesson is aligned with the Mathematical Literacy curriculum in the CAPS document for Grade 12, which focuses on financial mathematics, particularly on business-related concepts such as cost price, selling price, profit, loss, and break-even point.