Money

Students calculate common percentage discounts on sale items.  They compare the cost of items to make financial decisions. Students solve problems involving profit and loss. Students solve problems involving simple interest.

Australian national curriculum learning map

  • Recognise, describe and order Australian coins according to their value
  • Count and order small collections of Australian coins and notes according to their value
  • Represent money values in multiple ways and count the change required for simple transactions to the nearest five cents
  • Solve problems involving purchases and the calculation of change to the nearest five cents with and without digital technologies
  • Create simple financial plans
  • Investigate and calculate percentage discounts of 10%, 25% and 50% on sale items, with and without digital technologies
  • Investigate and calculate ‘best buys’, with and without digital technologies
  • Solve problems involving profit and loss, with and without digital technologies
  • Solve problems involving simple interest
  • Connect the compound interest formula to repeated applications of simple interest using appropriate digital technologies