Mathematics / Year 8 / Number and Algebra / Money and financial mathematics

Curriculum content descriptions

Solve problems involving profit and loss, with and without digital technologies (ACMNA189)

Elaborations
  • expressing profit and loss as a percentage of cost or selling price, comparing the difference
  • investigating the methods used in retail stores to express discounts
General capabilities
  • Literacy Literacy
  • Numeracy Numeracy
  • Critical and creative thinking Critical and creative thinking
  • ICT capability Information and Communication Technology (ICT) capability
ScOT terms

Profit

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Moving out of home

This lesson explores costs and responsibilities associated with moving out of home and setting up living arrangements. The resource is part of a suite of lesson plans and activities from MoneySmart, designed to bring everyday financial topics into the classroom.

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Mrs Sim's Dollars and Sense - Calculate

This alternate assessment task focuses on calculating gross and net wages before and after tax; operating and solving problems using simple and compound interest; and making valid comparisons between total accumulated costs and the initial (principal) amounts of money borrowed or invested.

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Financial Mathematics: Simple Interest - Calculate

This unit introduces the calculation of simple interest, as a starter for learning about compound interest. Students learn about a range of ways in which interest generally is used and applied in the real world and then use the formula for calculating simple interest to solve borrowing, saving and investment problems.

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Percentages - Calculate

In this unit, let’s look at how percentages are used in everyday life to compare changes in things and measure rates of change.

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Mathematics, moon phases, and tides

Through this activity, students will learn the relationship between lunar phases and tides, graphically plotting the tidal range versus Moon phase over an annual cycle for a selected Australian port, as well as determining the mean tidal range for each lunar phase. Students will then focus on determining the relationship ...

Downloadable

Different ways to pay

This lesson challenges students to explore the pros and cons of various payment options, how they spend their money, different consumer products and where to go for more information about saving money and debt. During the lesson, students investigate multiple payment options to choose those that suit their circumstances, ...