Fractional funds

In this fourth lesson in the series, we encourage financial literacy and reinforce understanding of fractions in a practical context, by learning how to find a fraction or percentage of an amount, through budgeting for a fictitious class party!

This lesson was developed in collaboration with the Australian Association of Mathematics Teachers (AAMT).

Year level(s) Year 6
Audience Teacher
Purpose Teaching resource
Format Web page
Teaching strategies and pedagogical approaches Concrete Representational Abstract model, Worked examples
Keywords budget, percentage, Maths Hub lesson plan

Curriculum alignment

Curriculum connections Critical and creative thinking
Strand and focus Number
Topics Fractions, Decimals, Mathematical modelling
AC: Mathematics (V9.0) content descriptions
AC9M6N07
Solve problems that require finding a familiar fraction, decimal or percentage of a quantity, including percentage discounts, choosing efficient calculation strategies and using digital tools where appropriate

AC9M6N05
Solve problems involving addition and subtraction of fractions using knowledge of equivalent fractions

AC9M6N09
Use mathematical modelling to solve practical problems, involving rational numbers and percentages, including in financial contexts; formulate the problems, choosing operations and efficient calculation strategies, and using digital tools where appropriate; interpret and communicate solutions in terms of the situation, justifying the choices made

Numeracy progression Interpreting fractions (P8)
Understanding money (P7)
Proportional thinking (P2)
Interpreting and representing data (P4)