Foundati ons in Personal F inance High School E dition
CHAPTER
7
Activity: Individual
20 MINU TES
Materials: Students w ill
need the activity handout
and a calcul ator.
Objective: The pur pose of
this acti vity is for stude nts
to compute dis counts,
evaluate th e way discounts
are used to in fluence
consumer purchases, and
identif y the best discount
option when shopping.
STANDARD Planning and
Money Management
Standard 4: Apply
consumer sk ills to
purchase decisions.
• Apply comparison-
shopping skills to
purchasing decisions.
Procedure
Hand out the student activity sheet. Students will need ca lculators.
Review computing percentages. (Ex ample: Discount is $29.99 x 15% = $4.50; Sale
Price = $29.99 minus $4 .50 = $25.49; Percent of Saving = total d iscount ($4.50 +
$5.10) divided by Origina l Price ($29.99) = 32%
Questions 9–15 ask students to compare discounts to find the better deal.
Answers
Double Discounts
FOUNDATIONS in PERSONAL FINANCE
CHAPTER 8
ACTIVITY
ObjECTivE
The purpose of this
activity is for students
to compute discounts,
evaluate the way
discounts are used to
influence consumer
purchases, and identify
the best discount option
when shopping.
Teacher Directions
Hand out the student activity sheet. Students will need calculators.
Review computing percentages. (Example: Discount is $29.99 x 15% =
$4.50; Sale Price = $29.99 minus $4.50 = $25.49; Percent of Saving = total
discount($4.50+$5.10) divided by Original Price($29.99)= 32%
Questions 9-15 ask students to compare discounts to find the better deal.
Answers
Double Discounts
Original Price Sale Discount Sale Price Additional New Price % Savings Off
20% Off
1. $29.99 15% $4.50 $25.49 $5.10 $20.39 32%
2. $179.99 25% $44.98 $134.99 $27.00 $107.99 40%
3. $489.99 50% $245.00 $244.99 $49.00 $195.99 60%
4. $74.99 30% $22.50 $52.49 $10.50 $41.99 44%
5. $159.98 50% $79.99 $79.99 $16.00 $63.99 60%
6. $25.00 75% $18.75 $6.25 $1.25 $5.00 80%
7. $15.79 40% $6.32 $9.47 $1.89 $7.58 52%
People usually add the two percentages up. For example, in the first problem, 8.
15% + 20% = 35% off. However, the percent of savings is actually less, in this
case 32% savings.
$ 50 item: 45% off = $27.50; 30% then 20% = $28; 45% off is the better deal.9.
$345 item: 40% off = $138; 30% then 15% = $139.72; 30% off then 15% is 10.
the better deal.
FOUNDATIONS in PERSONAL FINANCE
$39.99 item: 50% off = $20; 40% off then 20% =$19.19; 40% off then 20% 11.
off is the better deal.
50% off is the better deal because you will spend $4.00. If you buy one, get 12.
one at half price, you spend $6.00 per item.
$5.99 per item13.
It is a way to get the consumer to purchase more quantities and increase their 14.
profit.
Always be sure you need the item and that you are not purchasing it just 15.
because it is a good deal. Also, make sure you have the money because little
things add up quickly even when they are on sale.
FOUNDATIONS in PERSONAL FINANCE
$39.99 item: 50% off = $20; 40% off then 20% =$19.19; 40% off then 20% 11.
off is the better deal.
50% off is the better deal because you will spend $4.00. If you buy one, get 12.
one at half price, you spend $6.00 per item.
$5.99 per item13.
It is a way to get the consumer to purchase more quantities and increase their 14.
profit.
Always be sure you need the item and that you are not purchasing it just 15.
because it is a good deal. Also, make sure you have the money because little
things add up quickly even when they are on sale.
FOUNDATIONS in PERSONAL FINANCE
CHAPTER 8
ACTIVITY
ObjECTivE
The purpose of this
activity is for students
to compute discounts,
evaluate the way
discounts are used to
influence consumer
purchases, and identify
the best discount option
when shopping.
Teacher Directions
Hand out the student activity sheet. Students will need calculators.
Review computing percentages. (Example: Discount is $29.99 x 15% =
$4.50; Sale Price = $29.99 minus $4.50 = $25.49; Percent of Saving = total
discount($4.50+$5.10) divided by Original Price($29.99)= 32%
Questions 9-15 ask students to compare discounts to find the better deal.
Answers
Double Discounts
Original Price Sale Discount Sale Price Additional New Price % Savings Off
20% Off
1. $29.99 15% $4.50 $25.49 $5.10 $20.39 32%
2. $179.99 25% $44.98 $134.99 $27.00 $107.99 40%
3. $489.99 50% $245.00 $244.99 $49.00 $195.99 60%
4. $74.99 30% $22.50 $52.49 $10.50 $41.99 44%
5. $159.98 50% $79.99 $79.99 $16.00 $63.99 60%
6. $25.00 75% $18.75 $6.25 $1.25 $5.00 80%
7. $15.79 40% $6.32 $9.47 $1.89 $7.58 52%
People usually add the two percentages up. For example, in the first problem, 8.
15% + 20% = 35% off. However, the percent of savings is actually less, in this
case 32% savings.
$ 50 item: 45% off = $27.50; 30% then 20% = $28; 45% off is the better deal.9.
$345 item: 40% off = $138; 30% then 15% = $139.72; 30% off then 15% is 10.
the better deal.
FOUNDATIONS in PERSONAL FINANCE
CHAPTER 8
ACTIVITY
ObjECTivE
The purpose of this
activity is for students
to compute discounts,
evaluate the way
discounts are used to
influence consumer
purchases, and identify
the best discount option
when shopping.
Teacher Directions
Hand out the student activity sheet. Students will need calculators.
Review computing percentages. (Example: Discount is $29.99 x 15% =
$4.50; Sale Price = $29.99 minus $4.50 = $25.49; Percent of Saving = total
discount($4.50+$5.10) divided by Original Price($29.99)= 32%
Questions 9-15 ask students to compare discounts to find the better deal.
Answers
Double Discounts
Original Price Sale Discount Sale Price Additional New Price % Savings Off
20% Off
1. $29.99 15% $4.50 $25.49 $5.10 $20.39 32%
2. $179.99 25% $44.98 $134.99 $27.00 $107.99 40%
3. $489.99 50% $245.00 $244.99 $49.00 $195.99 60%
4. $74.99 30% $22.50 $52.49 $10.50 $41.99 44%
5. $159.98 50% $79.99 $79.99 $16.00 $63.99 60%
6. $25.00 75% $18.75 $6.25 $1.25 $5.00 80%
7. $15.79 40% $6.32 $9.47 $1.89 $7.58 52%
People usually add the two percentages up. For example, in the first problem, 8.
15% + 20% = 35% off. However, the percent of savings is actually less, in this
case 32% savings.
$ 50 item: 45% off = $27.50; 30% then 20% = $28; 45% off is the better deal.9.
$345 item: 40% off = $138; 30% then 15% = $139.72; 30% off then 15% is 10.
the better deal.
FOUNDATIONS in PERSONAL FINANCE
CHAPTER 8
ACTIVITY
ObjECTivE
The purpose of this
activity is for students
to compute discounts,
evaluate the way
discounts are used to
influence consumer
purchases, and identify
the best discount option
when shopping.
Teacher Directions
Hand out the student activity sheet. Students will need calculators.
Review computing percentages. (Example: Discount is $29.99 x 15% =
$4.50; Sale Price = $29.99 minus $4.50 = $25.49; Percent of Saving = total
discount($4.50+$5.10) divided by Original Price($29.99)= 32%
Questions 9-15 ask students to compare discounts to find the better deal.
Answers
Double Discounts
Original Price Sale Discount Sale Price Additional New Price % Savings Off
20% Off
1. $29.99 15% $4.50 $25.49 $5.10 $20.39 32%
2. $179.99 25% $44.98 $134.99 $27.00 $107.99 40%
3. $489.99 50% $245.00 $244.99 $49.00 $195.99 60%
4. $74.99 30% $22.50 $52.49 $10.50 $41.99 44%
5. $159.98 50% $79.99 $79.99 $16.00 $63.99 60%
6. $25.00 75% $18.75 $6.25 $1.25 $5.00 80%
7. $15.79 40% $6.32 $9.47 $1.89 $7.58 52%
People usually add the two percentages up. For example, in the first problem, 8.
15% + 20% = 35% off. However, the percent of savings is actually less, in this
case 32% savings.
$ 50 item: 45% off = $27.50; 30% then 20% = $28; 45% off is the better deal.9.
$345 item: 40% off = $138; 30% then 15% = $139.72; 30% off then 15% is 10.
the better deal.
FOUNDATIONS in PERSONAL FINANCE
CHAPTER 8
ACTIVITY
ObjECTivE
The purpose of this
activity is for students
to compute discounts,
evaluate the way
discounts are used to
influence consumer
purchases, and identify
the best discount option
when shopping.
Teacher Directions
Hand out the student activity sheet. Students will need calculators.
Review computing percentages. (Example: Discount is $29.99 x 15% =
$4.50; Sale Price = $29.99 minus $4.50 = $25.49; Percent of Saving = total
discount($4.50+$5.10) divided by Original Price($29.99)= 32%
Questions 9-15 ask students to compare discounts to find the better deal.
Answers
Double Discounts
Original Price Sale Discount Sale Price Additional New Price % Savings Off
20% Off
1. $29.99 15% $4.50 $25.49 $5.10 $20.39 32%
2. $179.99 25% $44.98 $134.99 $27.00 $107.99 40%
3. $489.99 50% $245.00 $244.99 $49.00 $195.99 60%
4. $74.99 30% $22.50 $52.49 $10.50 $41.99 44%
5. $159.98 50% $79.99 $79.99 $16.00 $63.99 60%
6. $25.00 75% $18.75 $6.25 $1.25 $5.00 80%
7. $15.79 40% $6.32 $9.47 $1.89 $7.58 52%
People usually add the two percentages up. For example, in the first problem, 8.
15% + 20% = 35% off. However, the percent of savings is actually less, in this
case 32% savings.
$ 50 item: 45% off = $27.50; 30% then 20% = $28; 45% off is the better deal.9.
$345 item: 40% off = $138; 30% then 15% = $139.72; 30% off then 15% is 10.
the better deal.
