Shopping with discounts and sales tax - Financial literacy and distance learning

This file includes everything you need for a full week of REAL WORLD Math!

To begin this weeklong activity, I teach a lesson on converting between fractions, decimals, and percents. The following day, I teach how to calculate, and the impact of, discounts and sales tax. The notes, practice worksheets, and keys are included for both of these introductory lessons.

Once these two background lessons have been mastered, the real fun begins. On days three and four, I have SALES signs posted all around the room. Each student is given a two page tabulation sheet that they will use to convert discounts to a decimal, then to calculate discounted prices of items. On day 4, each student will draw a max of 10 “price tags” and calculate the total cost of the items. I have three types of receipts for different learning levels (no tax, with sales tax, with sales tax and calculation of change.)

Lastly, I have included a short quiz to assess mastery that can be used to wrap up the unit. This too, has three versions of the quiz for differentiation.

If you are looking for additional financial activities, these may be of interest:

Checkbook lesson:
http://www.teacherspayteachers.com/Product/Consumer-Math-Checkbook-Unit-Great-financial-literacy-unit-637114

Life project:
http://www.teacherspayteachers.com/Product/Consumer-Math-Its-My-life-Budget-Unit-Great-financial-literacy-unit-659901



This would be a great unit for young adults, as well as homeschoolers.

Thanks for looking!

Key words:
Consumer math, finance, applications. percent, fraction, discount, sales tax, financial iteracy