Activity 01
Market Stall Simulation: Discounts and Profits
Assign roles: buyers and sellers in small groups. Sellers mark up costs by 25% for profit and offer 15% discounts. Buyers calculate final prices and negotiate. Groups rotate roles and compare totals on a class chart.
Why is percentage a more effective tool for comparison than raw numbers?
Facilitation TipDuring Market Stall Simulation, circulate with a calculator to verify calculations in real time, prompting students to explain their steps aloud while you listen for errors in fraction-to-decimal conversion.
What to look forPresent students with a scenario: 'A video game costs $60. It is on sale for 25% off, and then 7% GST is added. What is the final price?' Ask students to show their working and write the final answer.