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Mathematics / Year 6 / Number and Algebra / Money and financial mathematics

View on Australian Curriculum website Australian Curriculum, Assessment and Reporting Authority
Curriculum content descriptions

Investigate and calculate percentage discounts of 10%, 25% and 50% on sale items, with and without digital technologies (ACMNA132)

Elaborations
  • using authentic information to calculate prices on sale goods
General capabilities
  • Literacy Literacy
  • Numeracy Numeracy
  • Critical and creative thinking Critical and creative thinking
  • ICT capability Information and Communication Technology (ICT) capability
ScOT terms

Percentages,  Discounts (Price)

Video

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The Goods and Services Tax (GST) is a tax placed on things people buy with money or things people do for money. Can you name some goods and services that have GST? What about some goods and services that don't have GST? Find out when and why the GST was first introduced.

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Super Cyril's circus supplies

Do you know how to draw up a budget? Find out how it's done. In our example our host is throwing a circus party and has $100 to spend. See how he plans to spend the money. Throw in a few discounts of 10% and 50% and look what he can afford. Does he mange to stick to his budget?

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Playground percentages

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MoneySmart: Maths for primary teachers - online professional development module

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The foul food maker: go figure

This tutorial is suitable for use with a screen reader. It explains how the use of simple words can describe the likelihood of everyday events. How likely is an event: certain, likely, equal chance, unlikely or certainly not? Answer some questions using these words and then build your own examples. Learn how to describe ...

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How does income tax work?

Gen Fricker makes income tax interesting! Learn about income tax - what it is, how it works and when you have to pay it. Easy-peasy! Then test yourself with ASIC Moneysmart's "Things to think about" classroom exercises.  

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Calculating ratios and percentage: gold price

Gold is a very precious metal. Listen to reporter Natasha Thiele explain how gold became so valuable and why the price of gold fluctuates. Find out how the ratio of dollar value per unit weight is used to calculate the value of an amount of gold. This clip provides a context to calculate ratios and percentage.

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Solving percentage problems

This digital resource is a video demonstration of a procedural method to calculate an unknown quantity, given an amount is a known percentage of the unknown. For a single example, students are presented with an algorithmic, step-by-step, pen-and-paper method. The demonstration is complemented by the presenter's commentary ...

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Marking up the price of goods

Why do many items cost far more in Australia than they do overseas? Find out how and why Australian businesses mark up their products so they can make a profit. The clip provides the context for calculating percentage mark up and discounts on shopping items.

Interactive

Converting decimals to percentages

This interactive resource consists of a series of questions about converting decimals into percentages. The viewer is required to convert a decimal number into a percentage and enter the answer in a window on the screen. The answer can be checked and, if correct, the viewer moves to the next question. Help is available ...

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This is a 23-page guide for teachers, providing an introduction to the financial mathematics component of the number and algebra strands for years 9 and 10. A brief history of the concept of money concludes the module.