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Consumer arithmetic

This module from the AMSI 'The Improving Mathematics Education in Schools (TIMES) project' is for teachers who wish to consolidate their content knowledge on the topic of using percentages to calculate profit and loss and other financial calculations. There are sections that provide history and context for the topic, as well as exercises and examples of how to present and explain the concepts to students.

Additional details
Year level(s)	Year 8, Year 9, Year 10
Audience	Teacher, School Leader
Purpose	Content knowledge
Format	Downloadable resources
Keywords	interest, profit, loss, percentage, GST, tax, explicit teaching
Curriculum alignment
Strand and focus	Number
Topics	Money and financial mathematics
AC: Mathematics (V9.0) content descriptions	AC9M8N05 Use mathematical modelling to solve practical problems involving rational numbers and percentages, including financial contexts; formulate problems, choosing efficient calculation strategies and using digital tools where appropriate; interpret and communicate solutions in terms of the situation, reviewing the appropriateness of the model AC9M10A04 Use mathematical modelling to solve applied problems involving growth and decay, including financial contexts; formulate problems, choosing to apply linear, quadratic or exponential models; interpret solutions in terms of the situation; evaluate and modify models as necessary and report assumptions, methods and findings
Numeracy progression	Proportional thinking (P6) Understanding money (P8) Number patterns and algebraic thinking (P9)
Copyright details
Organisation	AMSI
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