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

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View on Australian Curriculum website Australian Curriculum, Assessment and Reporting Authority
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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4 direct matches to ACMNA189

Online

Shooting 3-pointers: Part 1

  • TLF-IDA003491

In this lesson students are guided through solving a problem using mathematical modelling. Students are guided through the process of formulating a problem that can be solved using a mathematical modelling approach. A professional sporting context allows students to engage in a common basketball scoring move: shooting ...

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Online

Shooting 3-pointers: Part 2

  • TLF-IDA003484

In this lesson, students conduct a statistical investigation, collecting and analysing data using percentages, and choosing efficient calculations and strategies. The investigation is communicated visually and verbally to the teacher and peers. Students reflect on feedback and consider revisions for the investigation.

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Downloadable

The wide wide world of sports betting

  • TLF-IDA003660

This lesson explores the difference between perfectly predictable events (like the roll of a die) and less certain events (such as sports). Students investigate mathematically how sports bookmakers create odds to guarantee themselves a profit and pay gamblers less for a win than they deserve. The lesson is outlined in ...

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Downloadable

Different ways to pay

  • TLF-IDA002781

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, ...

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